Dollar Dumping & Credit Crisis In 2024 | Alasdair Macleod (Parts 1 & 2 )
Dollar Dumping & Credit Crisis In 2024 | Alasdair Macleod (Part 1)
Liberty and Finance: 1-3-2024
If interest rates fall, Dollar dumping will accelerate. Foreigners have already started selling the Dollar, says Alasdair Macleod, head of research at Gold Money.
"It's becoming increasingly apparent that the US government is stuck in a debt trap," he says.
He expects a credit crisis in 2024. The entire financial system is built on credit, he says, so a credit crisis will impact everyone.
2024: A Year Of Geopolitical Crisis | Alasdair Macleod (Part 2)
Liberty and Finance: 1-5-2024
The BRICS countries continue to grow and gain influence. Dollar dominance is under threat in 2024, says Alasdair Macleod, head of research at Gold Money.
He expects the BRICS to finally develop a gold-backed currency to bypass the Dollar.
Amid further Dollar devaluation, he expects gold will rise. But he notes that gold rising in price simply means the Dollar is falling in value.