In an interview with Jay Taylor on October 14th, Alasdair Macleod explains how failing economies may be impacting earnings reports and how that may represent a tipping point out of mainstream investments into gold.
Being interviewed on the FinancialSurvivorNetwork website, Alasdair MacLeod discussed the new and improved Silver Fix. It seems the new fix is no more transparent than the old one. Administered by the CME Group and Reuters, Alasdair is finding it quite unhelpful. He states that the precious metals business is expanding throughout the globe and that London will lose its once cherished position as the center of the trade to China.
Max interviews Alasdair Macleod of GoldMoney.com about 400 ounce London .995 gold bars being sent to Switzerland from Arab holders and melted down to 1 kilo .9999 bars, thus moving gold from the London standard, to the new better Chinese standard – suggesting we may be entering a post-petrodollar world. In which case, petrodollars could be flowing back into NY in pure dollar form to cause high inflation. And, finally, Max and Alasdair suggest that unless you rig gold markets, your forex and libor-rigging won’t work.
Episode 136: Alasdair Macleod interviews Tony Baird of Baird & Co. Ltd – a London-based Bullion Merchant, refiner and member of the London Bullion Market Association.
Tony discusses the scrap market supply for both gold and silver and how “cash for gold” businesses have contributed to this market in the last few years.
He then details how busy they were during the price dip in April and just who was demanding physical gold and causing backlogs at all the major refiners. A boots-on-the-ground view from the physical bullion market that sheds fascinating light on the refining business and the recent supply and demand for physical gold.
Episode 135: Alasdair Macleod interviews Chris Casey, Managing Director at WindRock Wealth Management. Given the recent gyrations in all asset classes, Alasdair asks Chris for his opinion on why this is happening, and the taper or not to taper debate that is taking place at the Fed and in the media.
Chris voices concern about the possible advent of inflation even though it is not generally expected and why it may be understated presently. The two men then discuss runaway US deficits and how this will affect markets.
Alasdair then turns the discussion to silver and asks Chris how he views the market and the current conditions with regards to industrial use versus demand and supply.