The weeks since the U.S. election have brought significant volatility to bonds, forex and the Comex precious metals. Is this all part of a new trend or an overreaction to the headlines. For some answers, I sought out my old friend, Alasdair, and asked him to weigh in on the macro trends of gold and silver and where he thinks prices are headed in 2025.
As always, many thanks to Alasdair for his friendship over the years and his consistent willingness to stop by TFMR and bring us all up to speed on his current thinking. However, no one needs to wait for Alasdair's appearances here to get updates. He now has his own Substack page and I encourage everyone to check it out: https://alasdairmacleod.substack.com
For today's call, Alasdair focuses his attention on these primary issues:
- the U.S. election aftermath
- global demand for physical gold
- troubles in the EU and with the euro
- the worsening fiscal situation in the U.S.
- why gold is money and everything else is credit
- and much more in between
Again, many thanks to Alasdair for his time today. Please be sure to give this podcast a thorough listen.
TF
