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Turning Hard Times into Good Times

Turning Hard Times into Good Times

Tuesday at 12 Noon Pacific

May 3rd 2016: Taking the Petro Out of the Dollar

Alasdair Macleod and Michael Oliver return. Saudi Arabia has been in the news recently for several interconnected reasons. Underlying it all is a spendthrift country that is rapidly becoming insolvent. What does that mean for the legitimacy of a U.S. dollar based not on gold but on a vibrant Saudi Arabia that demands all OPEC nations pay for oil sales in dollars? What if Saudi Arabia finds better “friends” like China or India or a gold-backed international currency to satisfy its own economic needs? Those questions and more will be asked of Alasdair. Michael Oliver’s whose market “plate tecto

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Alasdair Macleod

Alasdair 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 experience encompasses equity and bond markets, fund management, corporate finance and investment strategy. His weekly articles written for GoldMoney are posted on his blog at https:www.goldmoney.comresearchgoldmoneyinsights Because of his deep insights into underlying market dynamics, Alasdair is one of the most frequent guests on Turning Hard Times into Good Times.
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