Missed Payments In Production Chains Will Collapse System: Alasdair Macleod by Randolph Jason for Gospel News Network
At the onset of the COVID19 pandemic we began taking, seriously, the issues brought on by shutting down the U.S.A.’s economy. The small businesses across the country were shut down while the massive, multinational corporations, like Amazon, Walmart, Target, Home Depot, Lowes and several other soul, sucking, economy consolidating satanic-corporations were sucking up all of the economic engine of the U.S.A. and the entire world.
In March 2020, a mere two months after the announcement the pandemic was happening, we sat down with one of the most studied people that we know. We have followed Mr. Macleod’s work for more than a decade and spoken with him on a number of occasions and have trusted his analysis through ups and downs of economic cycles.
This conversation shows the depth of knowledge and depth of vision that Alastair has developed over the course of a lifetime of studying markets, finance and analyzing how these areas converge and have the ability to make our lives wonderful or, as we are now seeing two years later, absolutely miserable. The pain Alastair Macleod was seeing two years ago is only just beginning.
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Below is what was originally written on March 27, 2020. Time flies so pay attention.
I sat down with Alasdair Macleod, Head of Research for Gold Money – https://wealth.goldmoney.com – to get an update on the FMQ (Fiat Money Quantity) since there has been about a dozen cargo ships worth of digital dollars spewed all around the world. Well, it turns out that not only is this a massive problem that we’ve all known is a problem, but there is another, even uglier situation, lurking just beyond the surface that no one is discussing, nor is anyone calculating into their analysis.
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Below is Part II of our conversation where we shifted to the gold, and a touch about silver, supply chain issues at that time. There is no new commentary.
Over the past few days (March 2020) the entire precious metals markets have completed changed. These changes are not likely to revert in any short order. We have three of the top gold refineries in the world completely shuttered, there is a fourth gold refinery, Rand, while not shut down it has cut production by close to half. This means instead of the world processing gold coming from the mines, along with your grandparents gold that is being recycled, is currently not being refined. The U.S. Mint is sold out of bullion product, the Royal Canadian Mint is sold out of bullion product and most of the wholesalers / authorized purchasers of Mint products are sold out.
