The Chaser Report

The New Gold Rush

Oct 29, 2025
Charles introduces a provocative theory suggesting a new Golden Age, urging listeners to invest in gold amidst soaring US debt. The hosts explore the potential return to a gold standard and how Trump's rhetoric may influence gold prices. They reflect on Australia’s regret over past gold sales and debate the practicality of gold versus modern alternatives. With China plotting to reduce dollar dependence through gold-linked deals, they also tackle the impact of AI on the economy and its mixed utility for creators. A lighthearted discussion about accepting payment in gold wraps up the talk.
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INSIGHT

Debt Surge Fuels Gold Demand

  • Charles links the recent US debt surge to rising gold demand and geopolitical instability.
  • He argues large deficits plus uncertainty drive investors to buy gold as a safe asset.
INSIGHT

China's Quiet Gold Standard Move

  • Charles outlines China building gold trading venues to link the renminbi to gold.
  • He suggests this could act as a de facto new gold standard independent of the US dollar.
ANECDOTE

Costello Sold Gold At Its Low

  • Charles recounts Peter Costello selling Australia's gold reserves at about $306 per ounce.
  • He contrasts that sale with today's gold price above $5,000 per ounce to highlight lost value.
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