My speech at a barbaque near Brussels
This is a summary of the financial and economic conditions behind gold's surge.
At the end of July, I was invited to speak at an annual barbaque held on a farm outside Brussels. Thankfully, the weather was fine, and in return for “singing for my supper” I enjoyed meeting like-minded and curious members of the public genuinely searching for knowledge. A pleasant change from the more formal surroundings of a conference hall!
It is posted on Rumble — clink on the link here or paste into your browser: https://rumble.com/v5ayr22-speakers-bbq-2024-alasdair-macleod-get-out-of-credit.html
Alistair, I really respect you for your willingness to share your knowledge with others. The question you answered about trusts vs currency would have put me off from ever wanting to do what you do ever again. People don’t get it. I believe that the ones who do get it become subscribers. I have been trying to reach my daughter, she has a degree in Economics as do I, but I’m afraid the 20+ years from when I graduated and she did had a deleterious effect on education in general. At 78 I am almost out of credit systems and expect to be finished by the end of the year. I have already told her I will feed her and hers, but won’t have enough to give her money to clear her involvement in credit.
If I can’t educate her, I don’t have hope for people who have less understanding. I admire you!
Thank you Alasdair - an excellent talk and summary of much of your educational material on your substack. Yet another potential gathering storm cloud, which I don't believe you have yet mentioned, is put forward in this recent Youtube video by Alex Krainer: a default on its debts by Ukraine, which he predicts may come within weeks and cause financial turmoil in the UK in particular.: https://www.youtube.com/watch?v=yynXt6T3gdw&t=2686s Wild prophecy of doom or not, it seems to me only to add to your thesis.