Alasdair MacLeod--Swiss Getting Ready To Teach The Banksters A Lesson?
Goldmoney's Alasdair MacLeod joined us today. Japan and Europe are an
absolute mess. The US isn't much better. Right now the question is
whether the Swiss are going to pass their referenda, key among them
which would require gold backing of the Franc and break the Euro peg. Of
course the elites want no part of it, which is what makes it so
interesting. Polling data shows it being defeated, but who conducts
those polls again? Alasdair believes that the upshot of the recent G20
meeting is that monetary policy has run its course and that any further
stimulus will have to be done fiscally. What effect it will have is
another story.
No comments:
Post a Comment