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Robert Haworth
Senior Investment Strategist at U.S. Bank Wealth Management, brought on to explain drivers behind gold's 2025 rally and central bank behavior.
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Sep 25, 2025
• 23min
What’s Driving 2025’s Gold Rush? & The Incredible Risk of Perpetual Futures Trading
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Robert Haworth, Senior Investment Strategist at U.S. Bank Wealth Management, joins to discuss the driving forces behind gold's 2025 rally. He highlights central bank buying as the primary catalyst, alongside diversification strategies amid geopolitical concerns. The conversation shifts to the booming market of perpetual futures trading, which Haworth argues is more akin to gambling than investing, driven by extreme leverage and regulatory gaps. Key indicators for monitoring these trends include the 10-year yield and equity multiples.
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