This Would Wipe Out 1/2 Of Banks' Equity | Alasdair Macleod
Video Credit: Rumble - Duration: 35:34s - Published
This Would Wipe Out 1/2 Of Banks' Equity | Alasdair Macleod
Central bank and Eastern buying of gold have pushed prices to all-time highs.
Gold prices above $2100 signal a loss of confidence in the Dollar.
βItβs not so much gold rising,β says Alasdair Macleod, βItβs the Dollar going down.β He also sees trouble brewing in the banking system as commercial real estate (CRE) is likely to crash.
If CRE collapses in value, that will wipe out a significant portion of equity in the banking system.
Find Alasdair Macleod online: https://alasdairmacleod.substack.com
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