Alasdair Macleod explains the money side of prices, and why government currencies, unbacked by gold, are doomed to collapse. And why gold, which is the sound money chosen by markets throughout history, will retain or increase its purchasing power measured in the goods it buys over the coming years…
The USSR was bust from the start, but through suppression of its people the myth lasted seventy-two years from the revolution in 1917. The softer, western socialist version has been running now for over ninety years, and it’s in trouble…
The first half is over. Will first half blues in gold and silver prices turn into second half euphoria?
Have You Seen How Far Things Have Deteriorated In Venezuela?
Alasdair MacLeod Warns the Movement Towards Socialism is Actually a Movement Towards Communism…
There was a time when banks acted as custodians of their customers’ money. Indeed, keeping a person’s money and using it as if it belonged to you without their agreement is fraud in common law. A banking license legally exempts banks from charges of criminality in pursuing the normal course of fractional reserve banking business, by making it clear that you, the customer, agree to being a creditor of the bank instead of the bank acting as custodian for your money.
It’s not bullishness on Comex that’s driving the price.
A rising price looks more like a bear squeeze on the bullion banks…
The Federal Reserve is expected to raise the Federal Funds Rate in June. Alasdair MacLeod says if interest rates keep rising to around 2.5% or 2.75%, this “should be enough to trigger the next credit crisis.”
Central bank manipulation of money is intended to force everyone to act the same way at the same time.
Well, THAT happened rather quickly…
London Metals Expert Alasdair Macleod Isn’t Convinced the Bottom is in Quite Yet for Gold and Silver Prices.
Gold and silver declined sharply this week against a background of carnage in commodity markets, driven by Chinese liquidation of base metals.
Hot money is saying an increase in war risk means you must buy the dollar, and the real money is saying buy gold:
Is China Ready to Pull the Plug on the U.S. Dollar? Alasdair MacLeod Sees China Selling Their U.S. Treasuries… for Gold.
The London Analyst Warns This Will Spell the END for the U.S. Dollar:
London Expert Alasdair Macleod analyzes the geopolitics and economics behind America’s war strategy from China’s perspective, concluding that it is entering its final phase. China’s exit plan appears to be to tie the pricing of energy and then other major commodities to GOLD:
Are EXPLOSIVE Moves in Gold and Silver Prices Imminent?
…”Relations between N Korea and China have deteriorated in recent years, and the only leader the Korean dictator will listen to is Putin. But America has burned bridges over Syria, so there seems no alternative to the Korean situation escalating out of control.”
Consumers in their wants and needs still drive progress, and when the immediate dangers from the risks to normal living introduced by statist interventions recede, the fact is that life goes on.
Is Globalism and the EU Dead?
It is becoming clear that the EU has even greater external problems ahead of it than Brexit…
Given it was option expiration on Comex this week, gold and silver performed well. One would have expected the takers to mark prices down to make as many call options as possible expire worthless.
Underlying demand for physical gold is underwriting prices…