With gold at record highs and central banks buying at any price, the key question isn’t just where gold is headed—but why the system is changing so dramatically.
In a recent Money Metals podcast, Mike Maharrey interviewed journalist Stuart Englert on gold revaluation, precious metals market manipulation, and its impact on the financial system.
The unfortunate truth is that it is possible for bullion investors to lose money in an up market. Some buyers are learning that lesson now, and it is worth sharing.
The US government, from Biden to Trump, appears determined to escalate involvement in this conflict. However, as Rep. Thomas Massie noted, Red Sea shipping has minimal impact on the US economy.
About 600 tonnes of gold flowed into COMEX vaults in New York from December to February. Much of this gold came from London, but Singapore and Hong Kong also reported net outflows of about 70 tonnes.