USAWatchdog: Alasdair Macleod on AIIB, Implications for USD, EU, Global Debt
Last edited Mon Mar 30, 2015, 01:18 PM - Edit history (1)
Published on Mar 24, 2015
When will the Chinese make their next big move? Financial expert Alasdair Macleod says, Their style is not to go in and disrupt markets. They act very, very quietly. You would hardly know they are there. This is certainly how they have handled their acquisition of gold. I dont think they would want to be blamed for destabilizing western capital markets. What could happen is if we set a chain of events going that would lead to our own demise, then the Chinese would protect themselves. There is so little gold left in western vaults now . . . anything that changes the really sunny outlook for bonds equities and all the rest of it . . . and for people to realize that people dont have any gold, that could drive the price sharply higher because there is not enough gold for us to buy. The stocks are very, very low, and anybody who comes into the market is going to have to bid it up to get it.
Join Greg Hunter as he goes One-one-One with Alasdair Macleod of GoldMoney.com.
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http://usawatchdog.com/we-are-all-trapped-alasdair-macleod/-------
An excellent interview that lays out the global economy including the newly formed AIIB and just where it all seems to be leading to. Much of what seems to be playing out may be upon us come the Fall, and with Spain's election later this year, the perfect storm seems to be brewing. Where this all leads is anyone's guess, but we do have the history of the Great Depression to draw from, one thing is certain, the new normal is a definite deterioration and I wonder if this is the foremost reason for our gov't rush to try to fast track TPP, as a last ditch effort.