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China Stockpiles Gold for Western Currency Collapse

Posted by Simon Keighley on May 03, 2022 - 9:45am Edited 5/3 at 9:46am


China Stockpiles Gold for Western Currency Collapse

Episode 71: Live From The Vault

China Stockpiles Gold for Western Currency Collapse. feat. Alasdair Macleod

In this week’s Live from the Vault, Andrew Maguire sits down with famed economist, Alasdair Macleod, to discuss China and Russia’s tactical currency commoditization as the dollar continues to devaluate.

The precious metals expert questions the Fed’s official narrative on inflation and shares his thoughts on the implications of a looming global food crisis.

 

Timestamps

00:00 Start

02:00 Introducing Alasdair Macleod

03:45 The emergence of China as a superstate

15:00 The Western currency catastrophe

23:45 PetroRuble - the elephant in the room

34:00 $1 quadrillion of derivatives! How much of that is gold?

44:15 Government interventions and the gold price revaluation

52:20 Why it’s wise to secure your wealth in physical gold and silver?

 


 

Disclaimer: This video is provided for informational purposes only and not offered or intended to be used as legal, tax, investment, financial, or any other advice.

 

 

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