Alasdair Macleod - Here's Why China is Likely to Have Over 20,000 Tons of Gold

Posted by Vincent Tie on 29 Apr 2022

SBTV spoke with Alasdair Macleod, Head of Research with Goldmoney, about the evidence pointing to China having accumulated over 20,000 tons of gold in their reserves. Alasdair also believes that Russia's gold reserves greatly surpass the officially declared amount. What are the implications when China and Russia have this large hoard of gold? Follow in on our conversation with Alasdair to find out!

Discussed in this interview:
01:17 China's officially declared 2,000 tons of gold
07:56 What happens if China reveals its actual gold reserves?
15:47 How much gold could Russia have?
18:07 Could the U.S. have a secret gold stash as well?
23:07 Europe is in a precarious position
26:24 Gold having a significant role in the monetary system again?
29:23 Winter storm coming
34:12 Update on eurozone's TARGET2



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