Alasdair Macleod, head of research at Goldmoney.com and prolific economic researcher / author, outlines how the forty year-long credit bubble may be imploding.
2.10 - The spike in interest rates and enormous leverage trapped banks with obligations in negative and zero yielding investments.
4.02 - The credit crisis may be merely in it's early innings.
7.25 - Interest rates could continue to rise.
8.25 - Risk of default is risking in the commercial bank sector.
9.50 - Fear and trepidation in central bank meetings?
10.42 - Monetary expansion can only be offset via currency destruction.
12.30 - Investors should brace for soaring rates, perhaps as high as 15%.
17.20 - The global fiat currency system may be coming to an abrupt end.
17.55 - Policy makers are scrambling for reserve currency, alternatives.
20.40 - Even Mexico is seeking to join the BRICS trading block.
29.01 - All fiat currencies fail, while gold always holds relative value.
31.00 - Once fiat money is no longer tethered to gold, currency failure is only a matter of time.
34.01 - CBDCs may not be adequate to resolve the currency crisis issue.
40.00 - Alasdair posts new articles each week at www.goldmoney.com - suggested bookmark!
About the author
Chris Waltzek is host, executive producer, writer/editor, best-selling author, webmaster, sound engineer and computer guru at Goldseek.com Radio. He earned his bachelors degree in Business Economics and holds a dual MBA in Business Economics & Information Systems. Upon graduation he worked as the firm-wide Industry Analyst at one of the nations largest law firms, Jones, Day, Reavis, Pogue. Chris is currently a Ph.D. student in Management / Finance at NCU.
