The David Lin Report

Gold Rally Finished? Why This Run Is 'Dramatically Different' | Gwen Preston

Oct 22, 2025
Gwen Preston, VP of Communications at West Red Lake Gold Mines, shares insights on the gold market's surprising rally. She discusses the sudden return of institutional investors after a 12-year absence, driven by factors like central bank purchases and de-dollarization. Gwen explores how gold's dual role as a risk hedge and momentum play is reshaping investment strategies. She also provides updates on West Red Lake's ramp-up to production, including upcoming milestones and operational improvements.
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INSIGHT

Structural Drivers Behind The Rally

  • Gold's rally is driven by structural shifts like de-dollarization and geopolitical trade reorientation.
  • These long-term forces are now layered with fresh demand from big institutional and crypto-linked buyers.
ANECDOTE

Big Money Has Returned To Gold

  • Gwen Preston describes seeing
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