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Jaime Carrasco: Gold | Why Central Banks Continue Buying in an Uncertain Time
In this interview, your host Tom Bodrovics and senior portfolio manager Jaime Carrasco analyze the recent volatility in precious metals, framing it as a typical and expected part of a secular bull market driven by a fundamental global monetary shift. Carrasco argues that gold is money and everything else is credit, with the current fiat currency system in terminal decline. He points to rising global interest rates not as an attractive yield but as a signal of bond market instability, exacerbated by soaring government debt and aging populations. This environment is devaluing all fiat…
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