Alasdair Macleod: Bullion Banks Forced To Cover Shorts?

Liberty and Finance, Released on 5/17/23

Bullion banks are likely extremely net-short at the moment. Typically, this short position would signal lower prices ahead. However, head of research at GoldMoney Alasdair Macleod says this time is likely to play out differently. Because banks are experiencing an outflow of deposits and are needing to reduce leverage, some traders may be pressured to close short-positions.

0:00 Intro1:55 Debt ceiling6:30 Dedollarization12:43 Mortgage rates15:20 Eurozone23:00 Short-positions29:09 Gold: investment or savings?40:38 Platinum44:30 GoldMoney45:00 Miles Franklin

Alasdair Macleod is head of research for GoldMoney. Alasdair has been a celebrated stockbroker and Member of the London Stock Exchange for over four decades. His experience encompasses equity and bond markets, fund management, corporate finance and investment strategy. Read Macleod's writing: https://www.goldmoney.com/research.

Alasdair Macleod: Bullion Banks Forced To Cover Shorts? added by Herman James on 05/17/2023View all posts by Herman James ?+'