GoldSeek Radio Nugget -- Alasdair MaCleod: All fiat currencies fail, while gold always holds relative value

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!