Economist’s “News and Views” Sunday 9-15-2024
"The Debt Trap Is Sprung" | Alasdair Macleod
Liberty and Finance: 9-14-2024
Alasdair Macleod discusses the current state of the banking system and the rising value of gold.
He highlights the increasing fragility of banks, citing Warren Buffett's significant sell-off of Bank of America shares as indicative of broader concerns about inflation and capital flow.
Macleod explains that central banks' aggressive gold accumulation responds to the potential devaluation of fiat currencies, with gold reaching all-time highs partly due to weakening confidence in the dollar.
According to Macleod, the ongoing shift in investment toward gold reflects a flight from unstable financial systems and increasing investor fear.
This analysis underscores the growing importance of precious metals as a hedge against economic instability and currency risk.
Silver to Outperform Gold 4 to 1 as New Monetary System Emerges in the Next 3 Years
David Lin: 9-15-2024
David Morgan, Publisher of The Morgan Report, discsusses the outlook for gold, silver, and how the gold "barometer is signalling "stormy times ahead".
1:00 - Gold vs silver
4:19 - Silver as industrial metal
7:30 - Gold as a barometer
8:30 - Stormy times ahead
11:20 - Bankruptcies
16:00 - Inflation outlook
21:40 - Increased deficit
24:10 - Federal reserve rate cut
27:00 - Capital flow shifts
29:46 - Dollar outlook
32:30 - New monetary system
33:30 - Why hasn't silver hit new highs?
36:50 - Industrial use case of silver
38:20 - Silver mining
40:00 - How money controls us
A Powerful Economic Indicator Just Triggered A MASSIVE Warning
George Gammon: 9-14-2024