Archive - MacleodFinance Substack

Global debt crisis starts with France

All G7 nations are in deep debt trouble. It’s just a case of which one brings down the others. It now looks like France is failing first.

14 hrs ago • Alasdair Macleod

A tale of two markets

While paper markets continue to suppress gold and silver, physical demand from China and others “in the know” continues, absorbing physical liquidity.

Oct 2 • Alasdair Macleod

Interview with Vladyslav Grabarskyy

This interiview was conducted last Thursday.

Oct 1 • Alasdair Macleod

September 2026

The paper market swindle

We are led to believe that price reflects supply and demand. What if the relationship between paper and physical is just a delusion?

Sep 30 • Alasdair Macleod

Keynesianism’s sudden death

In his General Theory, Keynes invented macroeconomics and consigned classical economics to dusty bookshelves. It has lasted 90 years and is behind…

Sep 27 • Alasdair Macleod

`interview with Commodity Culture

This was recorded last Wednesday

Sep 26 • Alasdair Macleod

Bond yields and gold

This week saw bond yields catapulting higher. What does it mean for gold, silver and the entire commodity complex?

Sep 25 • Alasdair Macleod

Interview with Liberty & Finance

This interview with Dunagun Kaiser was recorded last Tuesday

Sep 24 • Alasdair Macleod

Monetary dilemmas

Central bankers are watching the US bond market closely, praying that the yield on the 10-year UST-note will hold below 5%.

Sep 23 • Alasdair Macleod

Interview with Paul Buitink

Paul, of Reinvent Money based in Holland interviewed after the Fed’s decision to raise its funds rate but before the Bank of England decided not to…

Sep 21 • Alasdair Macleod

Oil heading higher

Hormuz and Bab el-Mandab closed is only the start. They remain closed until the US leaves the region. But without US security, tribal and sectarian Arab…

Sep 20 • Alasdair Macleod

Central banks understate inflation

The dilemma facing central banks is becoming visible. The Fed raised its funds rate by ¼%, Bessent suppresses bond yields, and the G7’s monetary…

Sep 18 • Alasdair Macleod

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