World Gold Council Insider Lifts Curtain on Dramatic Gold Market Flows, Behavior

We don't really know what's inside the Fort Knox gold depository because the government refuses to do a comprehensive audit. But even if we take the government's claims at face value, we do know that the bulk of the U.S. gold reserves is made up of impure "non-standard" bars that don't qualify for use in international settlements.  In this episode of the Midweek Memo, Mike Maharrey explains the Fort Knox audit problem, how all that impure gold got there, and why it matters. Along the way, he also underscores the failure of the fiat money system.  This week, Mike also covers an interesting move by the Chinese that could exacerbate shortages in the physical silver market.

Joe Cavatoni of the World Gold Council, is a market strategist with over 30 years of financial services experience and helps us make sense of how gold has reacted and likely will react in the face of dizzying geopolitical and war headlines that constantly change. Don't forget to also follow us on social media for more important precious metals updates! https://www.youtube.com/@Moneymetals | https://www.facebook.com/MoneyMetals | https://instagram.com/moneymetals/ | https://twitter.com/moneymetals | https://www.pinterest.com/moneymetals/

The French central bank recently sold all of the gold it had stored in New York and replaced it with higher-quality bars that will remain in France. French officials say the move was to increase the quality of its reserves and was not politically motivated.  Mike Maharrey doesn't think that's the entire story, and in this episode of the Midweek Memo, he says the quiet part out loud. This move was almost certainly motivated in part by politics. Mike explains why France (and many other countries) want to minimize their exposure to the U.S. and the potential ramifications for the American economy.  In this episode, he also covers last week's "blockbuster" jobs report and explains why it wasn't probably as great as the headlines indicate. (Hint - it has to do with revisions.)

Today, an interview with one of our favorite guests to talk to about silver Peter Krauth, author of the book The Silver Bull and publisher of the Silver Stock Investor. Peter shares his thoughts on how the war is going to affect the silver market and much more. Don't forget to also follow us on social media for more important precious metals updates! https://www.youtube.com/@Moneymetals | https://www.facebook.com/MoneyMetals | https://instagram.com/moneymetals/ | https://twitter.com/moneymetals | https://www.pinterest.com/moneymetals/

Imagine your buddy makes far less money than he spends every month. He has maxed out all of his credit cards and yet keeps borrowing and spending as if he were a rich man.  Would you loan him more money? By the way, the person in the scenario is Uncle Sam.  In this episode of the Midweek Memo, Mike Maharrey takes a deep dive into the U.S. financial situation and reveals that, despite what many people would like you to believe, everything is not fine. He highlights the extent of the debt and why it matters.  In this episode, Mike also explains just how much gold there is in the world. (It's probably not as much as you think.)

Coming up don't miss our interview with Jeff Clark – founder of TheGoldAdvisor.com newsletter and a globally recognized authority on precious metals. Jeff and Mike Maharrey try to make sense of the recent correction in the gold price and the impacts of the war. Don't forget to also follow us on social media for more important precious metals updates! https://www.youtube.com/@Moneymetals | https://www.facebook.com/MoneyMetals | https://instagram.com/moneymetals/ | https://twitter.com/moneymetals | https://www.pinterest.com/moneymetals/

There's a case to be made against gold right now.  And that bearish narrative is driving the markets right now.  In this week's Midweek Memo podcast, Mike Maharrey makes the case against gold -- and argues that it isn't very good. He explains why the perception currently controlling the markets will eventually be overwhelmed by reality. 

Chris Powell of the Gold Anti-Trust Action Committee, joins us this week and enlightens us on both why the U.S. government is involved in gold and silver market manipulation, and how they go about orchestrating their manipulative tactics.  Don't forget to also follow us on social media for more important precious metals updates! https://www.youtube.com/@Moneymetals | https://www.facebook.com/MoneyMetals | https://instagram.com/moneymetals/ | https://twitter.com/moneymetals | https://www.pinterest.com/moneymetals/

Treasuries have historically served as a safe haven in times of geopolitical uncertainty.  Not this time. Bonds have sold off modestly since the beginning of the U.S.-Iran conflict, as evidenced by rising yields. As Mike Maharrey explains in this week's Midweek Memo podcast, it sure looks like gold is the last safe haven standing. He explains why Treasuries are struggling to catch a bid and how a long war could exacerbate the situation. He also highlights a note by UBS to make a bullish case for gold, war or no war. 

This week, an exclusive interview with Brien Lundin, President and CEO of Jefferson Financial, editor of the Gold Newsletter and the man behind the renowned New Orleans Investment Conference. Don't forget to also follow us on social media for more important precious metals updates! https://www.youtube.com/@Moneymetals | https://www.facebook.com/MoneyMetals | https://instagram.com/moneymetals/ | https://twitter.com/moneymetals | https://www.pinterest.com/moneymetals/