Basel III is changing the paper gold market into a physical gold market, says Alasdair MacLeod, Head of Research of GoldMoney. While the metals may be breaking free of manipulation,* he says uncontrollable rising bond rates will puncture the stock market. Once equities falter, Alasdair expects the Federal Reserve to further increase currency creation, triggering foreign selling of US treasuries and ultimately collapse the Dollar. To prepare, he says, "You've got to have some physical bullion." Alasdair also outlines the importance on connecting in local communities to survive the times ahead.
0:00 Intro1:15 Basel III10:56 End of manipulation?16:14 Inflation26:06 Bank instability34:11 Dollar collapse & stock crash42:17 COVID crisis47:52 Preparedness
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.