GoldSeek Radio Nugget -- Alasdair Macleod: Shift Some of Your Assets to Gold

Alasdair Macleod, the head of research at Goldmoney, returns with in-depth analysis.

Please note: The political opinions expressed by our guest do not necessarily reflect those of Goldseek.com or its employees. Goldmoney is a publicly traded company on the Canadian exchange.

On helping shield ourselves from uncertainty, Macleod says that it behooves anyone looking at this situation to seriously consider the degree to which you want to shift your wealth from credit to owning real money, and that is physical gold, either in gold or bullion form. 

- Geopolitical situation in the Middle East.
- The entire world is very upset about recent events in the region.
- The situation could send crude oil prices sky-high, exacerbating inflation.
- De-escalation is essential to stop enormous suffering.
- With risk soaring, demand for cash and real assets, i.e. gold and silver, will escalate. 

Macleod says,

"I find it very difficult to find anything positive about the economic and credit outlook. Returning to the point about gold, if you share my concerns about the validity of credit, and that includes the currency because the currency is credit. Then you need to shift at least some of your assets into real, legal money and that is gold.

There's a beginning of an understanding that this is actually happening and that is why gold rose very very sharply in the last 10 days or so. We're seeing foreign demand..."

- The Greenback could remain stubbornly strong against key competing currencies.
- Higher interest rates have zero impact on the bull market in gold and silver, case in point, the gold bull market of the 1970's amid epic rate hikes.