| In this latest interview, Darryl and Brian Panes from As Good As Gold Australia interview Advisor to AGAGA, Alasdair Macleod. On the 15th November, Reuters reported that a number of global banking giants were starting a 12 week digital dollar pilot with the Federal Reserve Bank of New York. Has it begun... the rise of the digital dollar. Citigroup Inc, HSBC Holdings P/L, Mastercard Inc, and Wells Fargo & Co. are participating in the experiment. The project will be conducted in a test environment and use simulated data, the New York Fed said. The pilot will test how banks using digital dollar tokens in a common database can help speed up payments. What's important however, is to keep in mind that whoever controls the money, controls everything, and the rise of CBDCs threatens to make that control absolute. Andrew Maguire, recently stated that we should be buying precious metals before December 27th this year. Is this date important, and if so, why? India is importing tonnes of silver. So far, about 35% of the world's mining output, and they are having it freighted by air. Do they know something that we don't? Just recently, the BIS - Bank for International Settlements out of BASEL, elevated gold to tier one status. Why did they make gold tier one? Mined silver out of the ground has been approximately 800 million ounces per year of late. 2 years ago, we had a shortfall of supply of 50 million ounces, and last year 200 million ounces. Surely the COMEX is running out of silver to supply. What might this mean for silver prices in 2023? |
Alasdair has been a celebrated stockbroker and Member of the London Stock Exchange for over four decades. His experience encompasses equity and bond markets, fund management, corporate finance and investment strategy.
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