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Simon Gedye's avatar

Superb and to the point ( As Ever ) - I notice how ' Maxmark ' in his initial comment , noted that what you had to say was - " A Bit Gloomy " . Yes , somewhat ' BUT ' it is a truism that " The Truth " as in this context more than often , if not almost certainly - " Hurts " . Far better though to know what's lurking around the corner in order that we can all prepare as best as possible - rather than be " Wise After The Fact " and not have done anything by way of protection .

@maxmark's avatar

Alasdair, listening to your interview with our friends in Australia, you mention that none of the politicians have a coherent plan for fixing the American economy. What would you advise whoever wins the American election in this regard? Thanks

Alasdair Macleod's avatar

Balance the budget by cutting spending. That would be a start!

Simon Gedye's avatar

Quite so , none of " The Politicians " ( Nigel Farage & a handful of others apart ) have any

" Coherent Plan " to fix any of their economy's ( US / UK / Eurozone / Aus - et al that you're alluding to . They are instead following an age old plan of their ' Establishment Paymasters '

to take down their economy's - stealing , impoverishing and robbing we ' The Little People '

of all of our freedoms and civil liberty's along the way . This is - " Plain as a Pikestaff " as all of us with our minds and eyes wide open can all too clearly see . A rough ride awaits us all ..!!

@maxmark's avatar

Sorry, hearing the rest of the interview, I hear your recommendations. Thanks :-)

Simon Gedye's avatar

" A Bit Gloomy " - YES , but 100% truthful & 100% factually correct . ' IF ' you're tied to the rail tracks - better to see the lights of the express train as it enters the other end of the tunnel and be able to do something to save yourself - than only noticing the locomotive as it's almost upon you ....??

Intrepid Philosopher's avatar

Maybe better to have a scotch on the rocks when you see those lights Simon, lol

Simon Gedye's avatar

I think I'll wait for the Scotch on the Rocks when I'm " Free in a single mighty bound " ( as per Batman - The Original ) and can see the lights on the rear of the Caboose disappear into the Ravine .

Michael's avatar

Thank you Alasdair.

@maxmark's avatar

Fantastic interview, Alasdair. Thanks for sharing this information with us, even if it is a bit gloomy. I think it's time for a good beer. :-)

Intrepid Philosopher's avatar

For all here, if you're not a David Jensen subscriber, I suggest it. He's posted a free article at this link any PM bug is gonna wanna read, excellent content!

https://open.substack.com/pub/jensendavid/p/the-london-gold-market-is-relying?r=1ny8xp&utm_campaign=post&utm_medium=email

Alasdair Macleod's avatar

It's not just London. As I've been writing about the shorts on Comex and the continual stand for deliveries on Comex this time we face a paper crisis.