Gold buyers are largely 'elite centrists' and billionaires who are terrified of Trump and want stability (Europe, the status quo); they buy gold not on monetary fundamentals but on political fear, which is why gold's upside has limited legitimacy.
causalpending
Speaker
Hugh HenryEvidence Quote
“the people by the people that are responsible for every marginal leap in the gold price from here, they detest Trump. They want to be Europe. They're the stajes shite.”
Source
Once In A Lifetime Opportunities in Precious Metals, Japan, And AI w/Hugh Hendry— Rebel Capitalist InterviewsCreated: 8/13/2026, 9:56:54 AM
My Notes
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