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Alasdair Macleod, GoldMoney’s head of research, lays out why silver’s next move may already be underway — not driven by industrial demand, but by the accelerating collapse of fiat purchasing power.
Macleod draws a direct line back to October 1973, when OPEC raised oil prices and gold fell instead of rising — from $105 down to $90. At that time, G7 debt-to-GDP averaged just 40-45%. Today it stands at 125%, a level he argues cannot be sustained without major currency consequences.
Adding to the case: China’s state gold reserves are estimated near 50,000 tons — roughly 30-35% of all above-ground gold worldwide — with a household savings rate near 30% that Macleod says is already moving out of Western currencies.
His conclusion: silver reaching $100, $120, or even $150 would not reflect silver becoming more valuable. It would reflect the dollar becoming worth less, faster than most investors are prepared for.
⚠️ This video is for informational and educational purposes only and does not constitute financial advice. Always consult a licensed financial advisor before making investment decisions.
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