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Alasdair Macleod: “The dollar is on it’s way to zero” #silver

TSI editor’s note: Head of Research at GoldMoney, Alasdair Macleod, appeared on Greg Hunter’s USA Watchdog this morning, to discuss the current state of the global economy, as well as the precious metals market. Macleod indicated that the futures market has the potential to fail in the near future, if physical delivery is requested and they don’t have the metal. He then speculates that the result would be force majeure cash settlements in lieu of physical delivery. Macleod warns against nominal confusion of dollar prices: “If our endpoint is the purchasing power of the dollar goes to zero, then you can see that 1800 dollars for the price of gold and 19 dollars for the price of silver is chicken sh*t compared to where it’s going to go.”

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