Alasdair Macleod (https://substack.com/@macleodfinance) with a chilling outlook for 2026: the US dollar's purchasing power is collapsing faster than markets admit — not a gold bull market, but a dollar bear market accelerating toward hyperinflation territory reminiscent of Weimar Germany.In this must-watch interview, Macleod breaks down:Why Fed rate cut hopes are dangerous hopium amid soaring inflation signalsMassive margin debt & equity overvaluation worse than 1929 — setting up a brutal stock market crashInevitable massive QE rescue → further dollar devaluation & foreign capital flight ($22T+ at risk)China's aggressive moves: hoarding 20,000+ tons of gold, massive silver accumulation, telling institutions to dump US Treasuries, banning crypto → prepping for Yuan reset (possibly silver-backed domestically?)Silver squeeze exploding: derivatives mountain vs. physical shortage → potential $100–$500+ pricesCommodities (food, base metals, oil) set to skyrocket in dollar terms as fiat distortions correctGeopolitical flashpoints (Ukraine escalation, Iran/Israel/US risks, Strait of Hormuz → $300 oil?)Why mining stocks (especially silver) offer value — but beware counterparty & certificate risks in a meltdownMacleod's core message: equities & bonds are doomed in fiat terms, but gold & silver represent final settlement money and long-term price stability. Read Alasdair's latest: https://substack.com/@macleodfinanceDisclaimer: This content is for informational and educational purposes only — NOT financial, investment, or legal advice. Markets are volatile and unpredictable; past performance is no guarantee of future results. Always do your own research and consult qualified professionals before making any investment decisions. No guarantees or warranties are expressed or implied regarding outcomes discussed.