Bob Henderson
speaker
67 appearances
1 recordings
1 series
first heard Dec 2023
last heard Dec 2023
Bob Henderson’s voice in public audio — every appearance, attributed to the second.
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Appearances
And so you could ask, why?
Gold should have been a lot lower.
The biggest reason analysts and traders say that it has not gone lower is because there's been a huge surge in central bank buying, mostly emerging market banks like China, Russia.
Poland has been a big buyer this year.
And so that's actually been a new development in the market over the last few years.
A reversal of what's happened recently.
If inflation picks up again in the short term, something else happens that causes people to think the Fed is going to start raising rates again or not cut them sooner, like people think, that could certainly weigh on gold.
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