U.S. Economy Has Come To A Halt | Alasdair MacLeod
Gold is setting up for a move higher, forecasts Alasdair MacLeod, head of research at GoldMoney. There is a confluence of negative factors: the U.S. debt crisis, multiple wars across the globe, and the banking crisis. "The entire financial system is sitting on a knife's edge risking collapse," he says and notes gold is the only real protection" from the inevitable currency storm.
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INTERVIEW TIMELINE:
0:00 Intro
1:00 Gold update
19:00 Banking system
35:15 MacLeod's writings
36:56 Miles Franklin
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