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Euro On Brink Of Collapse | Alasdair MacLeod
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The Euro and Yen have both collapsed against the U.S. Dollar. A crisis in either one of these currencies could bring down the system. The Euro could collapse by the end of the year, says Alasdair MacLeod, former bank director and current Head of Research at Gold Money. Following a Euro crisis, he sees a shutdown in markets across the board. Even the precious metals markets could close, he says. Preparation is imperative. "You have to prepare for this," he says. He suggests owning gold and silver coins, not ETFs or other forms of paper metal. "You have to have the physical."
Find MacLeod online: https://www.goldmoney.com/research/goldmoney-insights
0:00 Intro
1:37 Market instability
7:34 Bank instability
20:04 Preparedness
23:58 Central banks' disaster
29:00 Euro collapse
31:49 Stock market crisis
38:14 Inflation
47:30 MacLeod online
48:31 Miles Franklin
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