Alasdair Macleod: The dollar, commodities, and inflation


2:58p ET Monday, September 3, 2018

Dear Friend of GATA and Gold:

There are plenty of U.S. dollars floating around the world and foreigners are loaded with them, so there won't be any serious squeeze on the world reserve currency, GoldMoney research director Alasdair Macleod writes in his new commentary, "The Dollar, Commodities, and Inflation." Further, Macleod writes, the primary mechanism of central banks will continue to be money printing even as China starts spending again to support its infrastructure initiatives in Asia and Africa. The result, he concludes, will be inflation, breaking out more suddenly than expected, and rising commodity and monetary metals prices. Macleod's analysis is posted at GoldMoney here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.


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