by Turd Ferguson, TF Metals Report:
Our pal, Alasdair Macleod of GoldMoney, stops by to discuss his forecast for 2020 and the factors that will drive prices through the year.
Over the course of this call, Alasdair and I address three, primary points:
- Ongoing Fed “not-QE” and how it must continue in order to fund the US fiscal deficit.
- Central Bank demand for physical gold vs Bullion Bank supply of synthetic gold.
- Given what appear to be stresses at present, can/will the fractional reserve and digital derivative pricing scheme survive through 2020 and beyond?Click HERE to listen
Click HERE to listen
Alasdair has several other important issues on his mind as the new year begins so I strongly encourage you to read his 2020 forecast. Here’s the link: https://www.goldmoney.com/research/goldmoney-insights/gold-s-outlook-for… While you’re there, be sure to check out all of the great products and services that GoldMoney provides, as well.
Thanks to Alasdair for his time and thanks to everyone for listening.