You are here
Alasdair Macleod: 2015, the year of the slump?
12:01p ET Friday, January 9, 2015
Dear Friend of GATA and Gold:
The hastening decline in the world economy will increase systemic risks, GoldMoney research director Alasdair Macleod writes today.
The slump, Macleod writes, "can be expected to undermine global equities, property, and finally bond markets, which are currently all priced for economic stability. Even though these markets are increasingly controlled by central bank intervention, it is dangerous to assume this will continue to be the case as financial and systemic risks accumulate."
Macleod concludes: "Precious metals are ultimately free from price management by the state. Furthermore, they are the only asset class notably under-priced today, given the enormous increase in the quantity of fiat money since the Lehman crisis. In short, 2015 is shaping up to be very bad for fiat currencies and very good for gold and silver."
Macleod's commentary is headlined "2015: The Year of the Slump?" and it's posted at GoldMoney's Internet site here:
http://www.goldmoney.com/research/analysis/2015-the-year-of-the-slump?gm...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Own Allocated -- and Most Importantly --
Segregated Coins and Bars In Switzerland
Zurich, Switzerland, remains an extremely safe location for storing coins and bars of the monetary metals. If you do not own segregated physical coins and bars that you can visit, inspect, and take delivery of, you are vulnerable. International diversification remains vital to investors.
GoldCore can accomplish this for you.
Read GoldCore's "Essential Guide to Gold Storage In Switzerland" here:
http://info.goldcore.com/essential-guide-to-storing-gold-in-switzerland
Email the GoldCore team at info@goldcore.com or call our trading desk:
UK: +44 (0)203 086 9200 -- U.S.: +1-302-635-1160 -- International: +353 (0)1 632 5010
Join GATA here:
Vancouver Resource Investment Conference
Vancouver Convention Centre West
1055 Canada Place, Vancouver, British Columbia, Cananda
Sunday-Monday, January 18-19,2015
http://cambridgehouse.com/event/33/vancouver-resource-investment-confere...
GATA Reception
Free snacks, cash bar
Lions Pub
888 West Cordova St., Vancouver, British Columbia, Canada
5 p.m. Monday, January 19, 2015
* * *
Support GATA by purchasing recordings of the proceedings of the 2014 New Orleans Investment Conference:
https://jeffersoncompanies.com/landing/2014-av-powell
Or by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006:
http://www.goldrush21.com/order.html
Support GATA by purchasing recordings of the proceedings of the 2014 New Orleans Investment Conference:
https://jeffersoncompanies.com/landing/2014-av-powell
Or by purchasing a colorful GATA T-shirt:
Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:
http://gata.org/node/wallstreetjournal
Help keep GATA going
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
