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GoldSeek Radio Nugget -- Alasdair Macleod: Shift Some of Your Assets to Gold
Alasdair Macleod, head of research at Goldmoney returns with in-depth analysis. Please note: the political opinions expressed by our guest do not necessarily reflect those of Goldseek.com or it's employees. Goldmoney is a publicly traded company on the Canadian exchange.
- Geopolitical situation in the Middle East.
- The entire world is very upset about recent events in the region.
- The situation could send crude oil prices sky-high, exacerbating inflation.
- De-escalation is essential to stop enormous suffering.
- With risk soaring, demand for cash and real assets, i.e. gold and silver, will escalate.
- The Greenback could remain stubbornly strong against key competing currencies.
- Higher interest rates have zero impact on the bull market in gold and silver, case in point, the gold bull market of the 1970's amid epic rate hikes.
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