London Analyst Alasdair MacLeod also tells Silver Doctors China's trade, not America's, is now driving the global economy. He explains the impact this is having on the U.S. dollar.
As the U.S. dollar declines, gold and silver will rise, MacLeod says.
He says optimism about the economy is a sign the last phase of the credit cycle has arrived. Will the coming crisis be worse that 2008? He believes this crisis will be different, with possible bail-ins in the Eurozone. How should people protect against wealth confiscation? Stay tuned and fined out!
Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist.