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Gold Prices Rise Despite ETF Outflows: What’s Really Going On? | Adrian Day
Despite rising gold prices, there are significant outflows from gold ETFs in North America and Europe. Adrian Day (https://adrianday.com) explores this anomaly and what it might indicate about global investment behaviors, including potential shifts from Western to Eastern markets. He also highlights concerns about the U.S. economy and inflation, arguing that the economy may be in worse shape than headlines suggest, with potential signs pointing towards a recession.
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INTERVIEW TIMELINE:
0:00 Intro
1:23 Gold update
4:44 ETF outflows & retail sales
12:30 Metals as savings
14:20 Market crash?
24:30 Gold as a hedge
30:14 Weekly specials
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