Ryan Miller
speaker
4,581 appearances
12 recordings
2 series
first heard Mar 2026
last heard 10 Aug
Ryan Miller’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 12 in all, peaking in Jul 2026 with 4.
Appearances
It's the ones who can see the fiscal math from the inside, who hold the reserves, who understand better than anyone
What a currency is worth when its issuer owes $39 trillion.
So watch what they do, not what they say.
And here's what they're doing.
Central banks bought more than 1,100 tons of gold last year.
That's the third year in a row above 1,000 tons.
To put that in perspective, the average for the decade before 2022 was 400 to 500 tons a year.
They have more than doubled their pace of buying the one asset that has no counterparty, no issuer, and no printing press behind it.
In the World Gold Council survey, 95% of central banks said they expect gold holdings to keep rising.
Not one, not a single one expected a decline.
And it's not random countries.
It's the BRICS bloc and the emerging powers like China, India, Turkey, Poland, Kazakhstan, Brazil, you get it.
The BRICS nations now hold over 17% of the world's official gold reserves from around 11% in 2019.
The dollar's share of global reserves is quietly failing.
Gold share is quietly rising.
This de-dollarization and it is not a slogan on a podcast.
It is a measurable tons in the vault reallocation by most sophisticated holders of capital on the planet.
Now, let's put these three together.
An interest spiral that forces the government toward inflating its way out.
A buyer base shifting from price insensitivity to price sensitivity.
Showing 801–820 of 4,581 · page 41 of 230
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