'Biggest Credit Bubble in History' Bursting, How Will GOLD React? Alasdair Macleod

Alasdair Macleod believes the largest credit bubble in history may have reached its breaking point, as Trump's tariff barrage sends markets plummeting. Gold, and especially silver, cannot escape the carnage in the short term, but how does Alasdair expect both metals to hold up if we enter into full-on bear market territory?

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00:00 Introduction
00:59 Liberation Day and Precious Metals
10:31 Capital Rotation to Hard Assets
17:30 Effects of Tariffs on US Economy
22:38 Trump Asking Powell to Lower Rates
24:48 Time to Play Defense?
27:38 Outflows of Gold & Silver From LBMA
35:26 Korea and Japan to Join BRICS?