![The Endgame for fiat currencies [Video]](https://editorial.fxsstatic.com/images/i/car-industry-02_Large.jpg "The Endgame for fiat currencies [Video]")
In this week’s Live from the Vault, Andrew Maguire is joined by Alasdair Macleod to examine the West’s deepening sovereign debt crisis and warn of a looming fiat endgame, as governments remain paralysed by mismanagement and rising tariffs.
Exposing the trillion-dollar fragilities underpinning the US Treasury and derivatives markets, Macleod explains why interest rates must rise – and why gold is being quietly revalued by central banks as the final bastion of trust.
Timestamps:
- 00:00 Start
- 01:05 Paper currency crisis looms as tax revenue collapses
- 07:39 Global debt spiral accelerates as gold reclaims safe haven
- 14:14 Credit bubble echoes 1929 as gold asserts real value
- 22:00 Silver surges as gold nears a physical market breakout
- 29:26 Gold delivery demands overwhelm bullion banks
- 35:10 Paper gold crisis brews as Asia shifts to physical bullion
- 43:07 Fiat currency devaluation accelerates globally
- 49:20 How to protect your wealth long-term