Gold is the ideal liquidity sink because, unlike oil in the 1970s, soaking up world liquidity into gold accomplishes dollar devaluation without the negative second-order consequences (inflation, economic damage) that oil caused.
causalpending
Speaker
Matt SmithEvidence Quote
“The great thing about gold being the sink, it's not going to have those negative repercussions ... it accomplishes what they need to accomplish, which is to have liquidity in the system soaked up and to allow the devaluation of the dollar”
Source
Matt Smith: Gold, The Changing World Order & USA Strategic Investment in Critical Mineral— Palisades Gold RadioCreated: 6/18/2026, 1:57:53 PM
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