Bannon`s War Room WarRoom Battleground EP 734: Gold Futures Surpass 3100 Dollars
Mar 27, 2025
In this engaging discussion, Philip Patrick, the main analyst at Birch Gold, shares expert insights on the surging gold market amid global instability. He highlights how geopolitical tensions and central bank acquisitions, especially from China, are boosting gold's appeal as a safe haven. The conversation delves into the declining trust in the U.S. dollar due to current political dynamics and explores the implications of BRICS nations pushing for de-dollarization. Patrick emphasizes the importance of investing in precious metals for financial security.
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Gold Price Surge
- Gold prices are surging due to uncertainty around US trade policies and central bank gold buying.
- The weaponization of the US dollar by the Biden administration has broken trust and shifted safe-haven assets from dollars to gold.
Russian Asset Seizure
- Biden’s administration devalued currency and seized Russian assets.
- This incentivized central banks to buy gold, causing price increases.
Loss of Trust in the Dollar
- Devaluing currency and weaponizing the dollar broke trust in the global financial system.
- It doesn't make sense for other nations to hold their wealth in dollars if they can be seized.