Alasdair is such a great guest for these types of shows. He has some long answers to some simple questions and only then can people realize they may know a lot but understand so little. Always been a fan of this man, class act for sure.
China stopped and India is taking its turn They bought a years worth in a month, then in the second month so far have bought 3/4 of a years worth. The BRICS nations are taking turns buying it all…
Thank you for sharing. You can never convince some people about the value of gold and silver. We appreciate your efforts and patience in sharing your worthy knowledge!!
These guys are the holy grail. In awe at getting this information free and such an audience with these guys gratis. The road map is all here 🙏 blessings upon all 3 gentlemen 🙏
@@pablocruise9514Look, even if China held all 200,000 tons of gold, it would be worth $14 trillion at today’s prices. But would it really be worth that sitting locked up in a vault? When Alexander the Great defeated Darius lll and took Persia, he opened his gold vaults and spurred a stagnant Persian and world economy by putting the gold back into circulation!
@@oscarellis2563 bought a dozen eggs lately? Measured against any food type, I'd say that it is crashing. If you're measuring the $ against other currencies, then I'd say it's like bobbing for turds in a stained and stinky bowl. Measure the dollar against gold! It has 3¢ of its original purchasing power. All the best
While Alasdair Macleod continues to hype $20,000 gold, his company is doing the exact opposite. Over the past year GoldMoney has liquidated 95% of its precious metals holdings to purchase three commercial real estate properties. Can someone ask Alasdair the question wtf is going on?!!?!?!?!?
Actually the dollar is keeping gold and silver down pretty effectively. Unless an outside power makes a move(BRICS) the dollar will keep bending gold and silver over for their weekly smash down essentially creating a sideways to negative movement discouraging any new stackers from wanting to buy them.
not really. The smash down is so the bullion banks can cover their short position. The fed can print endless dollars to buy futures contracts and short the market. Central bank buying is sitting just under 2300 dollars so if it gets to that price, the contract can be squared and taken to London for physical delivery T+1.
Why are we so concerned about how many dollars our gold and silver are worth if the dollar is imploding and why are silver and gold constantly going in the toilet if the dollar was worthless
For more then 30 years I work in the IT and most of the time I am assigned working at banking sector. The coming years many IT staff is going to retire so for implementing CBDC’s lack of IT staff will become a blocking issues.
A few months ago the big banks of USA went to China. Perhaps they asked China to sent the message that they paused the buying of gold. This could surpress the price of gold, at least temporary. This could help USA banks to close their short positions in stead of have te be hit by a big squeeze by high rising gold... A super deal for both...
$2,000 gold is no big deal because $1 is nearly valueless. $2,000 iOS the old $1,000. I remember spending $1 for lunch and now I’m up to $15 or $20. An FRN is useless as a unit of measure.
Exactly its not keeping up with loss of money value and inflation, I've been thinking the same gold ounce needs to be at least 30k people think that's crazy but I've seen much crazier things lately.
@@oscarellis2563 Measured in fiat, gold has no ceiling because fiat has no floor. Value all comes down to how much does the market trust there’s a foundation holding up the floor.
Alasdair has been preaching this since 2019, gold will not make you rich. You should view Gold as your savings account. Everyone is using the dollar as a yardstick to measure the value of everything. However, if the yardstick is losing value, the things it measures will increase in value. Everyone should produce their own energy and store their energy, ideally having excess so you can sell to the grid. Everyone should own a mixture of stocks, and property if they are lucky enough to own property outside your home base. Ideally, have a secondary passport, from countries like Malta, Estonia, and Slovenia. Also, have multiple bank accounts not part of the Swift system. Ideally, have some crypto wallets with Bitcoin and Ethereum. Basically, the key is to be nimble, and multi-invested, so you have multiple options regardless of what happens in the world.
Oh Alasdair, beacon of wisdom’s radiant light, Thy golden lore illuminates the night. In realms where knowledge flows like gilded streams, You, the seer, weave the fabric of our dreams. Through time's vast expanse, your vision soars, Unveiling truths from ancient, hidden shores. With words like gold, you chart the cosmic sea, A guide for souls who yearn to be set free. Your insights, a beacon, steadfast and bright, Guide us through the shadows, into the light. O great McLeod, your legacy endures, A testament to wisdom, pure and sure. In reverence, we lift our hearts to thee, The seer who sees what others cannot see. Long may your golden lore inspire and teach, A timeless gift forever within reach.
The most important question in discussions is about which region are we talking? The biggest depression will be where? In US only, in EU?, in the west?, everywhere? I do not see the SCO members go down the drains with EU and US. When Alasdair says the USD might go dodo any day and the BP could devalue to 1:1 to USD -- I wonder that a German does not ask where the Euro is seen in this mess.
The Dollar represents debt not gold or silver therefore the prices of gold and silver can soar to the debt to real ounce ratio..... Whether the debt backing the Dollar is any good is another matter.
Alastair, quick question should I buy 80 oz gold ... 1 oz britannia coins or 1oz bars from the Royal Mint or another supplier Taking into consideration of Selling in 5 years with a handling selling cost and capital gains that might be levied UK based
BUY COINS FOR MOVE AROUND AND BARS TO BUY BIG OPPORTUNITIES. LAND HOUSE FLAT MAKE SURE YOU BUY AND NEVER SELLING GET OUT FROM FIAT CURRENCY LABOUR PARTY KEIR AND POLITICIANS THEY WILL BORROW MORE AND MORE ARGENTINA 🇦🇷 ZIMBABWE 🇿🇼 IS GOING TO BE UK 🇬🇧
Brilliant thanks. Shame Alasdair didn't refer to the Japanese Bank who had to dump their underwater long bonds to meet liquidity requirements. When do Fund Managers rebalance their portfolios will it be pre or post summer and follow Sam Duncan Miller pivot from Tech into Newmont ?
Another question is related to BRICS R5(Real Rouble Rupee Rimimbe and Rhand) basket of settlement Ccys. For big moves I am looking forward to August for a last dash by BRICS and associates pre September Shanghai meeting of finance ministers to agree the details of the BRIC Unit Trading token backed by PM. Russia has the starting pistol. Per Jim Rickards says that over $200bn of their frozen assets is held by Euroclear brussels which has many overseas legal entities including Hong Kong China. All Russia has to do is to start legal procedures and writ petition and put a spanner in the global financial system by putting a Lieu on assets held in each jurisdiction. ICE 9 thus financial institutions will not be able to use Euroclear. Most likely to happen after the BRICS+ summit in Kazan Russia in October 24.
Some people are under the impression that the unlimited printing of dollar bills will have no consequences. We may yet live to see whether that statement is true or not.
gold value does not rise, it is d USD that is falling. however, if d same amt of gold will purchase more unit of housing, then it is gold th is rising. 😅
Jekyll Island is an awesome place. It's too bad the bankers decided to create the Federal Reserve there. It's now a State Park. Go and visit the Jekyll Island Club and see the historic homes. All those homes belonged to Republicans. Only the Pulitzers were Democrats. See how things have changed... The historic district is an awesome journey through history. You can stay at the Hampton Inn, not that expensive.
In halls of shadowed, gleaming grace, Le Comte de Hoffman finds his place. With Tails that twist through night and day, He dances dreams where Court'sans play. His pen, a wand of magic's d'light, Conjures worlds from black-n-white. In whispered lore and haunted song, He leadeth where the strange belong. Mysteries in his gaze unfold, Stories spun with threads of Gold. A master of the eerie, grand, He guides us through the spectral land. Oh, Comte de Hoffman, Beard O' Night, Your legend lives in spectral slight. In every tail, ye spirit roams, In Offenbach's enduring score.
The US trade deficit is worth $1 trillion per year. I think everyone will get what I'm saying. This is neocolonialism in the modern sense. Because of the dollar's monopoly status, the US spends $1 trillion more annually than it generates. It takes these resources away from other nations, the US Dollar a fiat money not backed by Gold; No Gold in Fort Knox
It takes $3.2 trillions per year not $1 trillion. That is what they are doing in the last 2 years. It will not go lower & according to David Stockman the deficit will be more than $50 trillions by 2030. We are kaput.
They are not there to do the fighting at the frontlines. They are there to deliver the artillery shells, armed them with charges, and then let the Russians fire the shells.
Gold and silver are dead money for quite a while. If they break below $2200 and $28 they'll be going WWWWAAAAYYYYY lower !! Gold stocks will go nowhere for years !
Fiat cash is losing its value before our eyes. Naturally people will be looking for a store of value and holding. Gold provides that security out side of the system. When the public starts waking up to what's coming thee will be a mad panick for Gold and Silver. That's when metals will soar.
In terms of their value within the short-term, paper-suppressed Western fiat economic system, you could well be right. But look at what is happening to supply. "He who has the gold, makes the decisions." Control of precious metal prices is moving east and eastern nations are long on gold and silver. Western fiat currencies are dying & the rate at which this is happening, is increasing rapidly. In the West, the absence of alternative safe havens to government bonds and the stock market is deliberate. The fiat system must suppress precious metals or fail - they are kryptonite to the fiat currencies!
Did you really do your homework ? Don't think so. Sorry saying that. Little by little by little by little dedollarisation by BRICS. 35 trillion Dollar debts. Byebye US Dollar 😂
That would continue to screw the precious metals markets as it could be true or just fake news however it wouldn't surprise me as you have to be diversely invested not to put all your eggs in 1 basket
That’s an out of date notion based on a person’s accent - it means nothing now, England has finally come into a meritocratic system of rewards in life - thank God!
