Economist’s “News and Views” Friday 5-31-2024
Crisis For Bullion Banks Amid Surging Metal Prices | Alasdair Macleod
Liberty and Finance: 5-31-2024
Physical silver and gold are being drained from the major exchanges, and the bullion banks are losing control of the gold and silver prices, according to bullion researcher and former bank director Alasdair Macleod .
This could lead to a crisis on the exchanges and a crisis for bullion banks. While the prices of precious metals have been manipulated in the West, the West has spread anti-gold propaganda, says Macleod.
But the East has continued to accumulate, probably far more than what is officially reported.
Gold is certainly going to reassert itself as money, he says, and the remonetization of gold will spell disaster for the Dollar.
INTERVIEW TIMELINE:
0:00 Intro
1:30 Physical silver & gold supply
12:08 Inflation & depression
34:30 Banking system
40:07 Anti-gold propaganda
48:15 Gold reserves
Citigroup Sounds The Alarm On Complete Economic Collapse
Atlantis Report: 5-31-2024
Citigroup, one of the world's leading banks, has made a shocking announcement about the looming threat of a complete economic collapse.
This alarming forecast comes amidst growing concerns over the state of the labor market, which has shown signs of deterioration that could have far-reaching consequences for the nation's economic stability.
The warning has prompted governments, corporations, and individuals to prepare for an unprecedented economic calamity.
US Panic: FED Admits The Economy & Dollar In Danger As Countries Lose Faith In U.S. Debt
Sean foo:
The US economy is in trouble and the Fed has admitted even the dollar is facing danger as well. Because of uncontrolled deficit spending and sanctions, America's economic path is unsustainable. Here's why countries are exiting US debt and why the ending looks bad.
Timestamps & Chapters:
0:00 Fed US Dollar Warning
2:46 Countries Exiting US Debt
5:55 Unsustainable Spending Crisis
7:46 Sponsor: Indigo Precious Metals
9:12 Deadly Debt Spiral
10:51 Protectionism Backfires Bad
13:08 America's Big Trust Deficit