Keiser Report – Summer Solutions: Free money drives hard money higher (E1581)

In this episode of Keiser Report’s annual Summer Solutions series, Max and Stacy chat to hard money advocate Alasdair Macleod of GoldMoney.com about the headline-grabbing moves in gold prices. Goldman Sachs says soaring gold prices are indeed signaling that the US dollar’s days as the world reserve currency may be coming to an end. And, while they spoke before it was announced that Warren Buffett has gone long on gold miner Barrick Gold, they discuss the shift of psychology around gold from the big investors and central banks, as central banks go on a ‘free money’ printing spree – something which has even been noted by the Economist magazine. Finally, they review the mounting trade and geopolitical tensions between the rising power, China, and the perhaps declining one, the USA, and discuss whether or not this will drive gold higher and fiat lower as the world order disintegrates.