Alasdair Macleod: Silver Shortage 🚨Alert🚨China’s Export Ban, Hoarding, is Squeezing Inventory

About this episode

Tom Bodrovics interviews Alasdair Macleod about the financial implications of geopolitical tensions and commodity market dynamics.

Your host Tom Bodrovics and Alasdair Macleod, Head of Research for GoldMoney and author of the Macleod Finance Substack, discuss the significant financial stresses exacerbated by the ongoing war and pre-existing economic issues. Macleod highlights that government finances, particularly in G7 economies, are heavily reliant on deficit spending, creating an unsustainable situation. He also notes that the value of commodities priced in gold has fallen to unusually low levels, indicating an underlying bull market in commodities, which includes oil and other energy sources. The war in the Persian Gulf has accelerated the rise in commodity prices, leading to significant inflationary pressures and potential bond market stress. The US, with a massive debt overhang and short-term debt maturities, faces a challenging situation. Macleod emphasizes that the Fed, driven by political pressures, will likely intervene to prevent an economic slump, potentially leading to a rapid devaluation of the dollar. He compares the current situation to the 1970s UK, where high bond yields and inflation led to economic turmoil. Macleod also discusses the potential for Japan and China to sell US Treasuries due…

People in this episode

Host: Tom Bodrovics

Guest: Alasdair Macleod

Topics covered

• financial stresses
• commodity prices
• inflation
• US Treasury market
• geopolitical tensions
• deficit spending

Keywords

• silver shortage
• China export ban
• inflationary pressures
• bond market stress
• petro-dollar
• gold prices
• deficit spending
• US Treasuries

Mentioned in this episode

Organizations: GoldMoney

Places: China, US, Japan, G7

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