Big Moves in Gold (Something HUGE is Coming)

Summary

In this video, Smart Silver Stacker delves into the evolving gold market, highlighting the US gold reserves audit push, central banks ramping up gold holdings, and speculation on a potential global monetary reset. With gold prices near record highs and a disconnect in junior gold mining stocks, the video explores the implications of gold tariffs, particularly on major producers like China, Canada, and Russia. The video ends with predictions of gold surpassing $3,000 per ounce, as rising ETF inflows and gold price charts suggest a continued bullish trend in the market.

Takeaways

• 😀 Donald Trump and Elon Musk are advocating for an audit of US gold reserves at Fort Knox, which hasn't been fully audited since 1953.
• 😀 There is speculation that the US may be preparing for a global monetary reset or a gold-backed currency, which could explain the increased interest in auditing the gold reserves.
• 😀 Central banks worldwide, including Uzbekistan, China, and Kazakhstan, are significantly increasing their gold reserves in 2025.
• 😀 The US has been importing large quantities of gold, particularly from Switzerland, which some speculate could be used to replenish US gold reserves at Fort Knox.
• 😀 The price of gold remains strong, having closed above $2,900 in recent weeks and is near its record high set in February.
• 😀 A market betting site is giving a 14% chance that the gold in Fort Knox could be missing, showing public concern over the integrity of the reserves.
• 😀 The gold price remains high in several major currencies, including Euros, Japanese Yen, and Chinese Yuan, though it is lower in terms of junior gold mining stocks.
• 😀 Gold Mining Inc (ticker: GLDG) is trading near its 5-year lows, despite gold prices being at all-time highs. This presents an intriguing investment opportunity.
• 😀 The US is imposing tariffs on top gold-producing countries, including a 25% tariff on Canada and threats of higher tariffs on Russia, which could affect gold prices.
• 😀 The gold market may be preparing for further significant moves, as evidenced by large inflows into Gold ETFs, particularly in February 2025, suggesting smart money is moving into gold.

Q & A

What is the current state of the gold market as discussed in the video?

The gold market is currently strong, with the price of gold reaching over $2,900 and remaining near its record high, which was set in February. There are powerful forces at play, including calls for a U.S. gold reserve audit and speculation surrounding global financial dynamics.

Why are Donald Trump and Elon Musk advocating for an audit of U.S. gold reserves?

Trump and Musk are pushing for an audit of U.S. gold reserves at Fort Knox, a process that hasn't been done fully since 1953. The push stems from increasing doubts about the actual amount of gold the U.S. holds, with some market odds suggesting a 14% chance that the gold is missing.

What is the significance of the 14% chance that gold is missing from Fort Knox?

The 14% chance that gold is missing is considered significant because of the magnitude of the event. If it were true, it would suggest a major issue with the U.S. gold reserves, potentially impacting global financial stability.

How does the speculation about missing gold relate to global financial systems?

The speculation about missing gold is tied to theories of a potential global monetary reset and the institution of a gold-backed currency. This could be seen as part of efforts to address the unsustainable global financial system based on high levels of debt.

What role do central banks play in the current gold market, according to the video?

Central banks are continuing to expand their gold reserves, with a notable increase in purchases in early 2025. Countries like Uzbekistan, China, and Kazakhstan are leading these efforts as part of a broader trend of de-dollarization, moving away from U.S. dollars toward hard assets like gold.

How has the U.S. been involved in the gold market recently?

The U.S. has seen a surge in gold imports, particularly from Switzerland. While some believe this may be due to buying ahead of tariffs, there is speculation that it could be related to refilling the U.S. gold reserves, especially at Fort Knox, in light of recent calls for audits.

What is the significance of the gold price surge in early 2025?

The gold price surge, reaching over $2,900, signifies that gold is maintaining its strength in the market, with multiple factors, including global tensions and increasing demand from central banks, supporting its value.

Why are Junior Gold Mining Stocks like Gold Mining Inc. performing poorly despite high gold prices?

Despite the strong gold prices, stocks like Gold Mining Inc. have been underperforming, with its market cap near its lows from the 2020 pandemic. This discrepancy may be due to factors like investor sentiment, stock market trends, and the undervaluation of certain mining companies relative to their assets.

What potential opportunities exist for investors in companies like Gold Mining Inc.?

Gold Mining Inc. presents an opportunity for investors because its stock is undervalued relative to the gold assets it controls. With the price of gold reaching new highs, investors may find value in the company's significant gold reserves, despite the stock's low market price.

How have U.S. tariffs affected the gold market?

U.S. tariffs on top gold-producing countries like China, Canada, and Russia have the potential to drive up gold prices in the U.S. As tariffs increase the cost of imported gold, the overall price of gold could rise, as demonstrated by the impact of a recent copper tariff increase on copper prices.

What technical analysis is provided for the gold price trends?

The video highlights a multi-year cup and handle pattern in the gold price chart, suggesting that the price of gold could surpass $3,000. Additionally, recent ETF data shows strong inflows, indicating increasing institutional interest in gold, which further supports the likelihood of price growth.