Interview with Triangle Investor

Summary

In this episode, economist Alasdair Macleod outlines a 2026 outlook where a tightening silver market, driven by massive physical shortages and surging demand from China and India, is creating a sharp premium between Shanghai and Western markets. He warns that dwindling vault inventories on COMEX and London, combined with rising commodity prices measured in gold, signal a broader repricing of precious metals and an accelerating collapse of fiat currencies due to US debt, high bond yields, and equity bubbles. Macleod dismisses Bitcoin and central bank digital currencies as unsustainable credit, suggesting a possible shift toward a silver standard in Asia, and advises investors to protect wealth with real assets like gold and silver.