Urgent WARNING! If You Own GOLD & SILVER, You Need To See This - Alasdair Macleod & Egon von Greyerz

Added: 2026-05-15

[00:00:00]China will secure the value of its yuan by making it convertible into gold. I mean, probably only for into international trade settlements, rather like a sort of Bretton Woods mark two, but based on the yuan. In order to do that, she will have to make that statement. Now, the moment she makes that statement, all the other fiat currencies are doomed. I mean, it's quite simple. Doomed. And it's the same with the metals. For example, silver, there are hundreds of billions of ounces of silver that on the futures exchanges that are standing for delivery.

[00:00:33]But there is no delivery. There's no one who can deliver silver. And at some point in the very near future, and I've talked about this before, silver is not just going to go up a back over $100 again, it's going to go to $200, $300, $400, $500, and that could very easily happen this year or even in the next few months because we're very very likely to see a panic.

[00:00:55]>> In this urgent monetary discussion, Alasdair Macleod and Egon von Greyerz explain why the global financial system could be approaching a major turning point driven by gold, silver, and declining confidence in fiat currencies.

[00:01:09]The conversation focuses on the possibility that China may eventually strengthen the yuan by linking it to gold for international trade settlements, creating a system that challenges the dominance of debt-backed Western currencies. Alasdair Macleod warns that if China officially moves toward a gold-linked trade structure, global markets could rapidly reassess the real value of paper currencies. Egon von Greyerz also highlights growing stress in the silver market, where physical demand continues increasing while available supply appears tighter than many investors realize. In my opinion, the most important takeaway is not the exact price targets, but the growing global shift toward tangible assets and monetary security. Central banks continue buying gold at record levels while debt expansion accelerates worldwide. That trend alone suggests precious metals may play a far larger role in the next financial era than most people currently expect. If you found this helpful, like, share, and subscribe to the Metal Bar. Turn on the bell so you don't miss any updates, and comment below to share your thoughts on it.

[00:02:13]Appreciate you for tuning in.

[00:02:15]Now, listen to the interview. She doesn't want to um put the yuan onto a gold standard um and be accused of um destroying the entire Western financial system. So, she's got to play this very, very carefully. It's got to be absolutely obvious that we're destroying the uh financial system, not China. And that China's response is to protect her own interests. I think this this emphasis is absolutely crucial.

[00:02:45]And I'm sure that the Chinese leadership um you know, are thinking this way. They must be. I mean, their whole approach to this is, "Look, you know, don't put your head above the parapet.

[00:02:56]Don't um appear to be disrupting things internationally. Just uh you know, just be honest with trade and all that sort of stuff. Don't interfere with other people's politics, with their agendas, whatever it might be.

[00:03:10]We just look after ourselves, and we just don't interfere. And that's basically what they've been doing uh really ever since the the um uh you know, since Deng became premier.

[00:03:23]Um so, this is This is And I mean, it's it it's completely in accordance with Confucian principles. I mean, China takes the view, "We've been around for five millennia.

[00:03:36]>> [laughter] >> We're not going to suddenly behave as if we haven't been around for five millennia." So, I think that's you know, it says it all.

[00:03:44]When that happens, gold measured in dollars, in sterling, in euros, is going to be infinite.

[00:03:52]Because this is the key this is a key guy. It's not gold going up. It's our fiat currencies going down. And as a result of the Iran conflict the speed at which our currencies are going to go down has been accelerated very very significantly.

[00:04:11]Gold and silver should be rising under these circumstances. You know, when every time the oil price shoots up and um things get worse and worse and worse gold and silver should be rising. But that's not the way in which portfolio managers in the US and Europe look at it.

[00:04:30]The way they look at it is and it's understandable.

[00:04:33]You know, when you get these risks you sell everything and get back into cash in your own currency. Because that's what you're accounting. If you for them if you buy gold with they don't understand or silver then what you're going to do is you're exposing yourself to price risk. You know, we just want to get out of everything. So you can see that this sort of leads us into if you like you know, this sort of very very confusing state of affairs where the West does one thing and Asia does the rest.

[00:05:03]I mean we over here our portfolio managers just look at um risk from the point of view of currencies. They think the risk is in assets not in cash.

[00:05:14]Whereas China, India and all the rest of them the Asians see the debasement of the currency being the risk. So and this has been informing the flow of physical metal out of Western capital markets into Asia for the last two decades at least.

[00:05:34]So anyway, it's all coming to a head I think with with um debt crises. We've got I mean if you look at if you look at the the way in which bond yields across the G7 are performing Going into new high ground, we have and I'm not talking about ultra longs, I'm just talking about 10 years.

[00:05:53]Going into new high high ground, we have JGBs, yen's, yen bonds. We have German 10 years. We have France's 10 years. We have British 10 years. The only ones not quite there yet are Canada, Italy, and the US.

[00:06:15]But they're going there.

[00:06:17]In this deeply insightful discussion, Alasdair Macleod explains why China may be strategically preparing for a future monetary shift centered around gold while carefully avoiding blame for destabilizing the Western financial system. According to Macleod, China's leadership understands that openly moving the yuan onto a gold-linked framework too aggressively could trigger global panic and accelerate the collapse of confidence in fiat currencies.

[00:06:44]Instead, Beijing appears focused on quietly protecting its own economic interests while allowing Western debt-based systems to weaken under their own pressure. The interview explores the growing divide between Eastern and Western financial thinking. In much of the West, portfolio managers still view cash and government currencies as safe during periods of crisis. Across Asia, however, countries increasingly view currency debasement itself as the primary danger, which is one reason physical gold and silver have steadily flowed from Western markets into Asian hands for years. In my opinion, this shift could become one of the defining financial trends of the next decade. Gold and silver are no longer being viewed only as commodities, but increasingly as strategic monetary assets during a period of growing distrust in traditional financial systems.

[00:07:34]Let's get into the interview. When he crossed the Rubicon, it means that whatever happens now is not going to affect the outcome because the outcome is absolutely certain. That means we are at the end of a monetary era and that era is going to end as badly as all monetary eras. As a matter of fact, it's going to end a lot worse than any other monetary era for the simple reason that this is the biggest bubble in the world and it's a global bubble. We've never had a crisis, a monetary crisis of global proportions before, ever in history. So, therefore, it's going to be worse than it has ever been before. Now, whether the you get new news about oil or you news about gold, yes, of course it does have a short-term effect on markets and on prices, but it's not going to, as I said, it's not going to change the outcome. So, what is the outcome then? It's a collapse of the monetary system, which means that the money will die, which means money's going to go to zero in value as it always has done. It's gone down by already by 99% the value of money since 1971 when Nixon closed the gold window.

[00:08:43]And we're going to go see that final 1%, which is a massive collapse taking place now in the next few months and in the next few years. So, whether the Strait of Hormuz will be open or closed, well, it's already predetermined. You know, this is how to read markets. Markets reach a finale and we are at the finale now or at least at the beginning of the end of the finale. And that's when we're going to see more bad news than ever.

[00:09:08]Just take now the short-term. What's happening? Airports are closing. Just saw today, Sunday, that Liverpool Airport is closing. Spanish airports are closing. Planes are not flying. They haven't got any fuel and oil is priced at around in the $90. Well, the real price is not in the $90. I've just heard a recent price in the Far East of $280.

[00:09:31]So, the real price is lot higher than the quoted price for the simple reason that there's no physical oil available for a lot of people around the world now. In this alarming financial warning, Egon von Greyerz explains why he believes the world has already crossed the point of no return in the global monetary system. Comparing today's economic environment to Caesar crossing the Rubicon, he argues that the outcome is now inevitable regardless of short-term market reactions or geopolitical headlines. According to von Greyerz, the modern financial system has become the largest debt and currency bubble in history. And unlike previous crises, this one is global in scale.

[00:10:12]He warns that fiat currencies have already lost the overwhelming majority of their purchasing power since the end of the gold standard in 1971.

[00:10:20]And the final phase of currency destruction could accelerate dramatically over the coming years.

[00:10:25]While investors continue focusing on daily headlines involving oil, wars, inflation, or central bank policy, von Greyerz believes the real story is the slow collapse of confidence in paper money itself. The discussion also highlights growing stress across global supply chains and energy markets, where shortages and rising physical demand are beginning to expose weaknesses beneath official market prices.

[00:10:50]In my opinion, one of the most important lessons from this interview is that financial crises rarely unfold gradually forever. They often accelerate suddenly once public confidence begins to break.

[00:11:02]If you found this discussion valuable, make sure to like the video, subscribe to the channel, and turn on notifications for more updates on gold, silver, inflation, and the future of the global economy.