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- Thread starter JOHNLGALT
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This is the beginning of the end of fiat currencies," says GoldMoney's Head of Research, Alasdair MacLeod. There will be pressure to raise interest rates, he says. As rates rise, financial assets along with real-estate will collapse.
0:00 Intro
1:49 Systemic risk
17:53 Prepping
28:30 Raising interest rates
33:45 People waking up
Not sure I agree 100% with him.
The beginning of the end of fiat currencies was when they were first introduced, most have already lost 97% or more of their purchasing power, so they are all on their last legs
Also, I don't agree with him that storing precious metals with a third party is such a wise idea, if you don't hold it you don't truly own it, as many will find out to their calamity.
0:00 Intro
1:49 Systemic risk
17:53 Prepping
28:30 Raising interest rates
33:45 People waking up
Not sure I agree 100% with him.
The beginning of the end of fiat currencies was when they were first introduced, most have already lost 97% or more of their purchasing power, so they are all on their last legs
Also, I don't agree with him that storing precious metals with a third party is such a wise idea, if you don't hold it you don't truly own it, as many will find out to their calamity.
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It's Far Worse Than We Imagined! China's $62 Trillion Housing Bubble
When this mighty Ponzi scheme collapses watch out! It will be far worse than the GFC meltdown of 08.
Anyone investing in real-estate at present needs to get their head checked out, precius metals and cash to sustain you for a year or two is the only way to go
When this mighty Ponzi scheme collapses watch out! It will be far worse than the GFC meltdown of 08.
Anyone investing in real-estate at present needs to get their head checked out, precius metals and cash to sustain you for a year or two is the only way to go
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