|

Russia ramps up weaponising Gold [Video]

In this week’s Live from the Vault, the renowned financial expert, Alasdair Macleod sits down with Andrew Maguire to investigate Russia’s plans to devise a gold and commodity-based replacement for dollars as a new trade settlement currency.

The famed economist prognosticates the return of sound money as the ingredient for a new, Asia-wide industrial revolution, while the western financial system continues to decay in line with the accelerating debasement of fiat currencies.

Timestamps

00:00 Start
01:40 Andy explains the extreme market volatility that is currently witnessed.
11:01 What is now happening in the wholesale silver market?
17:50 What is now happening in the physical gold market?
16:20 Updates on the progress of the gold commoditisation process.
24:25 A very important bullish update regarding the BIS.
29:00 Alistair joins Andrew: Russia’s answer to the US sanctions
42:35 Saudi Arabian oil deals and Asia’s new trade settlement currency
51:51 What is the potential scale of the upcoming de-dollarization?
55:10 Alastair’s take on the Ukraine conflict & Germany’s role
1:00:20 Returning to the values of sound money
1:05:35 The BIS going net-long gold
1:10:10 Gold is real money - and the rest is credit. Protect yourself!

Author

Samuel Briggs

Samuel Briggs

Kinesis Money

Samuel holds a deep understanding of the precious metals markets, and as an in-house journalist for 1:1 gold and silver-backed monetary system, Kinesis, he is chiefly responsible for updating the community with insights and analys

More from Samuel Briggs
Share:

Editor's Picks

EUR/USD weakens to near 1.1900 as traders eye US data

EUR/USD eases to near 1.1900 in Tuesday's European trading hours, snapping the two-day winning streak. Markets turn cautious, lifting the haven demand for the US Dollar ahead of the release of key US economic data, including Retail Sales and ADP Employment Change 4-week average.

GBP/USD stays in the red below 1.3700 on renewed USD demand

GBP/USD trades on a weaker note below 1.3700 in the European session on Tuesday. The pair faces challenges due to renewed US Dollar demand, UK political risks and rising expectations of a March Bank of England rate cut. The immediate focus is now on the US Retail Sales data. 

Gold sticks to modest losses above $5,000 ahead of US data

Gold sticks to modest intraday losses through the first half of the European session, though it holds comfortably above the $5,000 psychological mark and the daily swing low. The outcome of Japan's snap election on Sunday removes political uncertainty, which along with signs of easing tensions in the Middle East, remains supportive of the upbeat market mood. This turns out to be a key factor exerting downward pressure on the safe-haven precious metal.

Bitcoin Cash trades lower, risks dead-cat bounce amid bearish signals

Bitcoin Cash trades in the red below $522 at the time of writing on Tuesday, after multiple rejections at key resistance. BCH’s derivatives and on-chain indicators point to growing bearish sentiment and raise the risk of a dead-cat bounce toward lower support levels.

Dollar drops and stocks rally: The week of reckoning for US economic data

Following a sizeable move lower in US technology Stocks last week, we have witnessed a meaningful recovery unfold. The USD Index is in a concerning position; the monthly price continues to hold the south channel support.

Bitcoin Cash trades lower, risks dead-cat bounce amid bearish signals

Bitcoin Cash (BCH) trades in the red below $522 at the time of writing on Tuesday, after multiple rejections at key resistance. BCH’s derivatives and on-chain indicators point to growing bearish sentiment and raise the risk of a dead-cat bounce toward lower support levels.