Crisis For Bullion Banks Amid Surging Metal Prices | Alasdair Macleod
Physical silver and gold are being drained from the major exchanges, and the bullion banks are losing control of the gold and silver prices, according to bullion researcher and former bank director Alasdair Macleod (https://alasdairmacleod.substack.com). This could lead to a crisis on the exchanges and a crisis for bullion banks. While the prices of precious metals have been manipulated in the West, the West has spread anti-gold propaganda, says Macleod. But the East has continued to accumulate, probably far more than what is officially reported. Gold is certainly going to reassert itself as money, he says, and the remonetization of gold will spell disaster for the Dollar.
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INTERVIEW TIMELINE:
0:00 Intro
1:30 Physical silver & gold supply
12:08 Inflation & depression
34:30 Banking system
40:07 Anti-gold propaganda
48:15 Gold reserves
55:30 Macleod's substack
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