GoldMoney is inviting those interested in the bullion market to a breakfast briefing on the 9th July to be given by Head of Research, Alasdair Macleod. At the briefing, Mr Macleod will be sharing his analysis on how the markets in physical and paper gold interact, and the implications this has for bullion ownership.
Mr Macleod says that Western attitudes towards gold have changed, and this is having important consequences: 'Western economists have taken a gamble that gold is no longer money, just another commodity. In disparaging gold, we in the West are massively outnumbered and outgunned by China, India, the Middle East and even Russia, whose governments and peoples are accumulating the gold we do not want. The disparity in valuation between "us and them" has had the inevitable result of a shortage of physical gold in the West. This poorly-understood and vital geo-political issue has important implications for the international banking system and also for paper currencies themselves.'
Alasdair Macleod first became a stockbroker in 1970 and a member of the London Stock Exchange in 1974. His experience encompasses equity and bond markets, fund management, corporate finance and investment strategy. After 27 years in the City he moved to Guernsey, where he advised a number of offshore institutions as a consultant, becoming an executive director for an offshore bank in Guernsey and Jersey.
The breakfast briefing is being held at The Grand Suite, Grand Jersey Hotel on Tuesday 9th July, 8am to 9am. A light breakfast is to be served from 7.45am. Those wishing to attend this topical event can get further information at: