Alasdair Macleod returns as this week's guest on the radio program.
A quiet revolution is taking place in a monetary vacuum developing on the back of the dollar's eroding hegemony. Maybe it's too early to call what's happening the demise of the dollar as the world's reserve currency, but there is certainly a move away from it in Asia. And every time the Americans deploy their control over global trade settlement as a weapon against the regimes they dislike, nations who are neutral observers take note and consider how to protect themselves, "just in case."
Alasdair provides some examples of how Asians in particular are using gold to protect their national sovereignty and how that may be impacting financial and commodity markets.
Alasdair Macleod has a background as a stockbroker, banker and economist. He is a Senior Fellow at the Goldmoney Foundation and Head of Research at GoldMoney. His weekly articles written for Goldmoney are posted on his blog here.