The Daily Coin Interviews Alasdair Macleod

I don’t know when, I don’t know how but somehow there has got to be a link I think to give the renminbi a level of credibity in cross-border trade which places it above the dollar. I think gold is the obvious link for this. – Alasdair Macleod

Rory Hall  of The Daily Coin just posted a must-hear interview with Alasdair Macleod.  Topics include the recent news that HSBC is closing all seven of its “retail” gold vaults in London (it is keeping the GLD vault open), the new London gold fix, the curious “RMB, New World Currency” billboard that went up to next to China’s busiest airport and the Shanghai Cooperation Organization:

I have been reading Alasdair’s work for several years and consider him to be one of the most insightful financial market analysts – particularly with regard to his analysis of the precious metals market.

Note:   In two weeks The Shadow of Truth will be hosting a roundtable discussion with Alasdair Macleod, Turd Ferguson, Rory Hall and myself. We plan on discussing the Shanghai Cooperation Organization (SCO) in depth. Understandably, the mass financial and political media has completely avoided reporting on the SCO. Remarkably, the alternative media blogosphere has largely ignored the topic. But the SCO is going to be a global game-changer. We will be discussing how and why.

3 thoughts on “The Daily Coin Interviews Alasdair Macleod

  1. Dave, looking forward to the “Round Table”.

    Most in the ‘west’ don’t realize it, but the SCO is not only an economic organization, but a political and military one as well. They also form the SCO interbank consortium. The US applied for observer status in the SCO in 2005 but was rejected.

    The SCO currently contains 6 core member nations with 14 other nations moving towards their goal of membership. I think you will see the full membership base expand significantly at the next summit meeting. Along with an expanded quota in the US controlled IMF, which the SCO members have been wanting since 2009.

    As the SCO gathers more and more economic and financial clout (to say nothing of military strength), you will see potential new members lined up at the door, wanting to be part of it. Especially now with Russia having its own version of SWIFT and China soon to follow with their own system, completely bi-passing the US dollar.

  2. Dave , thanks for your leadership and commitment regarding the ongoing “heist” within most, if not all financial markets. I really enjoy your collaborative efforts with Dr. Roberts, Rory and Mr. Titus. Keep up the great work. We need it.

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