Looming credit collapse sparks rampant Eastern gold stockpiling. Feat Alasdair Macleod
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In this week’s episode of Live from the Vault, Andrew Maguire is joined by Alasdair Macleod to examine the East’s blossoming relationship with gold as they’re beating the markets by securing local currencies and commodities against its value. The London whistleblower broaches gold’s vital role in a looming credit collapse, which the East seem to have foreseen with greater clarity than the West, before tackling the esoteric nuances behind CBDCs and decentralised currencies. Timestamps: 00:00 Start 03:03    A Ruble backed by gold    08:00 Is the Ruble going onto a gold standard? 13:37    Russia’s plan A was a BRICs gold-backed currency 19:10    China’s approach to gold ownership compared to the West 30:15    The East is stockpiling more gold than the west 36:21    When Western Fiat currencies collapse, who wins? 38:20    Is a credit crunch looming? 41:30    What happens when the air comes out of the fiat system 46:25    Pain ahead for central banks 48:28    How far away are central bank digital currencies? 55:30    Linking the price of gold to commodities Learn more about Kinesis by visiting our website: https://kinesis.money/ Twitter: https://twitter.com/KinesisMonetary Facebook: https://www.facebook.com/kinesismoney/ Telegram: https://t.me/kinesismoney Reddit: https://www.reddit.com/r/Kinesis_money/ Kinesis Forum: https://forum.kinesis.money/
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Published 05/31/24
Published 05/31/24