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This Would Wipe Out 1/2 Of Banks' Equity | Alasdair Macleod
Central bank and Eastern buying of gold have pushed prices to all-time highs. Gold prices above $2100 signal a loss of confidence in the Dollar. “It’s not so much gold rising,” says Alasdair Macleod, “It’s the Dollar going down.” He also sees trouble brewing in the banking system as commercial real estate (CRE) is likely to crash. If CRE collapses in value, that will wipe out a significant portion of equity in the banking system. Find Alasdair Macleod online: https://alasdairmacleod.substack.com
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INTERVIEW TIMELINE:
0:00 Intro
1:44 Gold breakout
9:00 Bitcoin & tech
13:37 Debt & GDP
20:08 Metals manipulation
21:30 Gold vs silver
23:36 Mining stocks
25:36 Credit and debt
28:10 Private vaults
32:20 Macleod online
34:50 Weekly specials
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