Ep. 2470 You Won't BELIEVE Who's Buying TONS of GOLD!!!

Published: April 5, 2024, 2:08 a.m.

The value of gold is surging! As its spot price hits record highs, many are saying we haven\u2019t seen anything yet! Which raises the question: who\u2019s buying it? What\u2019s contributing to its surge? That\u2019s exactly what we\u2019re going to find out, and the answer is going to shock you!

Highlights:

  • \u201cWestern nations are no longer the chief buyer of gold, and therefore are no longer in the driver's seat in determining gold\u2019s price!\u201d
  • \u201cYou don\u2019t buy gold to make money per se, it\u2019s more than that. You buy gold because you don\u2019t trust the dollar. It\u2019s because you believe the dollar is inflating itself out of existence, as it were.\u201d
  • \u201cThe concern that the US may indeed at some point weaponize the dollar against other nations is causing more and more central banks to seek assets outside of the US\u2019s sanctioning mechanisms.\u201d

Timestamps: \xa0\xa0
\xa0
[00:59] Western nations are no longer the chief buyer of gold

[03:01] Why the price of gold is expected to continue to climb

[05:51] The real reason why many international central banks are pulling out of the dollar

Resources:\xa0


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