Gold is Money and You’ll Get Your Pay Day - Lobo Tiggre

We’ve reached that ‘aha’ moment where more people are starting to see that a small allocation to a safe haven like gold is not a bad idea, says Lobo Tiggre, analyst and author of Independent Speculator. He tells Daniela Cambone that a theory for the rise in gold prices this year could be that it’s not just China or other central banks buying gold. “Central banks and the Global South have been buying gold for years. That doesn’t explain the change this year,” he explains. He also notes the trend of depolarization and shares a personal anecdote from the 1960s, recalling how he once sold silver peso coins for food.

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6:30 Gold standard
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14:15 Silver
15:26 Gold -dollar exchange rate
19:48 Gold stocks
24:47 Why gold?

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