The David Lin Report Global Monetary System 'Unglued'; How High Will Gold Go? | Keith Weiner
Dec 8, 2025
Keith Weiner, Founder and CEO of Monetary Metals, dives deep into the gold and silver markets. He debunks myths about gold prices and reveals how central bank purchases influence demand. Weiner explains the recent surge in gold prices, linking it to economic fragility and rising consumer debt. He highlights significant global buyers, particularly from China and India, and discusses how his company pays interest on gold holdings. With insights on silver's performance and market dynamics, this conversation sheds light on the evolving monetary landscape.
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Total Gold Stock Trumps Annual Mine Output
- Gold supply is effectively the entire stock ever mined, not just annual mine output.
- Treat mined gold as potential supply only under certain conditions, not a direct price driver.
Beware The Famous Buyer Fallacy
- Famous buyers like central banks don't necessarily signal price direction because sellers may outnumber them.
- The 'famous buyer fallacy' misattributes information content to headline buyers while ignoring sellers' motives.
Don't Trade Solely On Central Bank Headlines
- View central bank purchases as psychological triggers, not standalone price causes.
- Use broader fundamentals and market participation to assess gold trends before trading on headlines.