

Luke Gromen: Why the CIA Doesn’t Want You Owning Gold, & Is Fort Knox Lying About Our Gold Reserve?
194 snips Feb 24, 2025
In this discussion, Luke Gromen, a finance and macroeconomics expert known for his insights on gold, uncovers the massive shift of gold between nations as a precursor to a new global financial system. He dives into the secrecy surrounding gold ownership, questioning why Fort Knox can’t be audited. Gromen also challenges the narratives pushed by the intel community against gold owners and raises eyebrows about Warren Buffett’s role in the banking industry. This timely analysis reveals gold’s critical status amid the evolving economic landscape.
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Gold's enduring value
- Gold's enduring value as a store of value stems from its 6,000-year track record across cultures.
- Its historical success is the primary reason for its continued relevance.
Gold's Stock-to-Flow Ratio
- Gold's high stock-to-flow ratio distinguishes it from other commodities, contributing to its monetary nature.
- Its durability and divisibility further enhance its suitability as a store of value.
Gold's Privacy
- Gold's privacy as a currency is highlighted, contrasting it with crypto's perceived but unfulfilled promise of privacy.
- The lack of a transparent digital record for gold transactions makes it unique.