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Gold Switzerland interview: Alasdair Macleod on the reasons for owning gold
10:46p ET Wednesday, August 27, 2014
Dear Friend of GATA and Gold:
GoldMoney research director Alasdair Macleod, interviewed by financial journalist Lars Schall for Matterhorn Asset Management's Gold Switzerland, offers what he considers the three primary reasons for owning gold. But just as interesting, Macleod argues that the London gold market is declining because of its lack of transparency, that gold will remain money if only because Asia increasingly says so, that countries are beginning to realize that they cannot be independent if they rely on the U.S. dollar and U.S.-controlled payment systems, and that Germany's Bundesbank has made itself ridiculous by its inability to recover its gold from custody by the United States.
Schall's interview with Macleod is 17 minutes long and can be viewed at Gold Switzerland here:
http://goldswitzerland.com/3-reasons-to-invest-in-gold-alasdair-macleod/
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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