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Why Are Big Banks Flying Billion$ in Gold Around on Planes?
The Trump Administration's trade tactics and tariff threats have had some obvious repercussions, which were predictable. Some ripple effects, however, were more surprising and deserve a closer look. Swiss America's Dean Heskin and Chris Agelastos break down why some big banks have adopted a rather curious strategy involving the flying around of billions' worth of gold on The Secret War on Cash.
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Articles referred to in this podcast:
JPMorgan and other big banks are flying billions of dollars worth of gold on planes. Here's why
https://qz.com/banks-gold-plane-new-york-1851762685
Gold Holds Near Record as Trump Tariff Pledges Fuel Haven Demand
https://finance.yahoo.com/news/gold-holds-near-record-trump-000936896.html
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