Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Why Central Banks Are Hoarding Gold at Record Rates, What’s Behind the Massive Purchases: WGC Chair

Why Central Banks Are Hoarding Gold at Record Rates, What’s Behind the Massive Purchases: WGC Chair

FromThe Daniela Cambone Show


Why Central Banks Are Hoarding Gold at Record Rates, What’s Behind the Massive Purchases: WGC Chair

FromThe Daniela Cambone Show

ratings:
Length:
21 minutes
Released:
Nov 7, 2022
Format:
Podcast episode

Description

"Central banks around the world are nervous," about the U.S. dollars they have in central bank reserves, says Randy Smallwood, president and CEO of Wheaton Precious Metals. "Gold is the constant store of value, it's always provided that for society and it will always provide that for society," he tells our Daniela Cambone. "A healthy apolitical alternative is gold," and cannot be weaponized by future governments as we may be seeing today with the U.S. dollar, Smallwood continues. The ultimate goal for gold is to improve the "accessibility, transparency and trust behind it," through digital means, he concludes.
Released:
Nov 7, 2022
Format:
Podcast episode

Titles in the series (100)

There's a thirst for economic and investment know-how. It's not taught in the classrooms or discussed via mainstream media. The Daniela Cambone Show is proud to bring you the exclusive news, interviews, and insight you can't get anywhere else. Host Daniela Cambone sets out to interview the top minds in finance to help explain new investments, opportunities, and industries that otherwise might be a mystery. From cryptocurrency, gold, silver, interest rates, and central banks, to the inner workings of the global economy, Daniela's goal is to get you to a comfortable level of financial understanding to achieve freedom.