Latest / Wall Street Truthbombs Podcast
Why Gold’s All-Time High Isn’t What You Think
GOLD JUST CLOSED AT AN ALL-TIME HIGH—AND SO DID THE S&P 500.FEAR AND FAITH, BOTH SOARING. HOW?SINCE NIXON ENDED THE GOLD STANDARD IN 1971, GOLD’S VALUE HAS RUN ON BELIEF, NOT UTILITY. ONLY 10% OF DEMAND IS INDUSTRIAL—THE REST IS PURE SPECULATION.THE GLOBAL FINANCIAL CRISIS TURNED GOLD INTO A RELIGION, AND THE GLD ETF MADE WORSHIP EASY. EVERY CRISIS SINCE HAS MADE IT SHINE BRIGHTER.BUT GOLD DOESN’T CREATE CASH FLOW OR INNOVATION—IT’S JUST A MIRROR FOR MISTRUST.TODAY, GOLD AND AI STAND AS OPPOSITES:ONE REFLECTS FEAR, THE OTHER CREATES LIGHT.💣 YOUR TRUTHBOMB: GOLD SHINES BECAUSE PEOPLE FEAR—AI…
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