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The financial situation right now is looking like before the Great Depression, says Alasdair MacLeod from GoldMoney.
MacLeod first updates us on Brexit. Is the UK going to do a hard Brexit, go for Theresa May’s proposal, or something else? He shares the positives and negatives of the possibilities.
MacLeod says the US is experiencing an asset price collapse, which looks similar to right before the Great Depression.
He shares the factors, such as seasonal buying and a weaker trend for the US dollar, creating a perfect storm for gold in 2019.