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Alasdair Macleod: Gold is money without counterparty risk as fiat currencies weaken
Alasdair Macleod argues that gold serves as money without counterparty risk at a time when fiat currencies are in decline.
He asserts that this fact is well understood by central bankers worldwide. Macleod emphasizes that gold offers a unique position in the current global monetary environment.
Macleod has previously questioned why gold is not meeting performance expectations even as conditions are worse than in the 1970s. He has also pointed to a potential opportunity as markets seem ready for an upside surge. These views form part of Macleod's ongoing analysis of gold's position in the current market cycle.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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