4.8 β’ 653 Ratings
ποΈ 14 February 2025
β±οΈ 23 minutes
ποΈ Recording | iTunes | RSS
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0:00.0 | Welcome back to New World next week. I'm James Corbett of CorvertReport.com. |
0:16.4 | And I'm James Evan Powato of MediaMonarchy.com. A closer examination suggests it may serve to acclimate students |
0:22.4 | to compliance. We've got that story plus the cure for U.S. AIDS, but first on this episode, |
0:29.2 | 581 of New Decade This Week, Gold Bulls lock-in on the glittering milestone of $3,000 an ounce. It's insight. U.S. President Donald Trump's |
0:41.2 | latest tariff threats have ignited another gold rush propelling the Safe Haven Medal to new heights |
0:46.5 | and bringing the glittering $3,000 milestone an ounce into view. Spot gold climbed to a record 29, |
0:53.0 | 1130, a Troy ounce on Monday. It's seventh peak |
0:56.5 | record to date in 2025, which is pretty young last time I checked. Price is already up nearly |
1:03.3 | 11% so far this year after a staggering 27% gain in 2024. Trump said on Sunday he'll introduce |
1:10.0 | new 25% tariffs on all steel and aluminum imports |
1:14.1 | into the U.S. aluminum, adding that he will announce reciprocal tariffs, applying them to all |
1:20.1 | countries and matching the tariff rates levied by each country. Gold is very clearly targeting the |
1:26.0 | $3,000 level and the market is incredibly strong, |
1:28.6 | almost relentless. Now it's only a question of when it will scale the level and not if it will. |
1:34.2 | Independent analysis from Roy Norman. One should expect to see retracement on profit taking, |
1:40.0 | but we never do, which reflects that underlying momentum. Very, very powerful. |
1:44.6 | The tariff plans are broadly viewed as inflationary and capable of sparking trade wars, |
1:49.8 | thereby increasing the demand for safe haven assets like bullion, |
1:53.7 | traditionally regarded as a hedge against inflation and geopolitical instability. |
1:59.0 | Worry over import tariff plans materialized in U.S. gold futures with key contracts trading |
2:04.2 | at a premium spot price currently at about $28, London Bullion market players are racing to borrow |
2:09.7 | gold from central banks. |
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