Saturday, 29 April 2017

China Ready to PULL THE PLUG, Dump Dollars For GOLD! | Alasdair MacLeod

Alasdair MacLeod joins Silver Doctors to reveal there's a battle going on in the silver market between the speculators and the bullion banks. Physical demand for silver is extremely high, but the price has not been affected. MacLeod speculates the price is being deliberately suppressed by the bullion banks at someone's behest.

Is China ready to pull the plug on the U.S. dollar? MacLeod sees China selling their U.S. Treasuries for gold within the next couple years. He says this will spell the end for the U.S. dollar

I don't know if dumping dollars will lead to its collapse as fraud in the system will keep it afloat. It's likely the Chinese are hedging themselves against an economic attack and derisking themselves out of the US dollar as the New Silk Road into Russia and Europe is established.

The last part of the interview covers the French election, where MacLeod thinks Le Pen will struggle to win. However, next time he predicts the anti-EU candidate will win. Europe is deteriorating and will collapse.

[Posted at the SpookyWeather blog, April 29th, 2017.]

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