Andrew Mcguire on Dedollarization
Andrew Mcguire is difficult to listen to and repeatitive but he has information from within the global gold trading market that is worth listening to.
From Mcguire comes a market insider's summary of dedollarization and phyisical accumulation of gold that is now a tier one asset except for the United States Federal Reserve.
https://www.youtube.com/watch?v=61WwPCSYt18
Trading gold on the COMEX is losing in suppression of the gold price since the summer of 2021 ahead of gold becoming a tier one asset at the beginning of 2022.
Despite the rise in the real interest rate starting in the summer of 2021 the price of gold has remained elevated and has been climbing since October 2023 where previously they moved inversely.
https://en.macromicro.me/collections/45/mm-gold-price/724/3month-bond-real-yield-gold-price