“Should I Buy Gold?” - Gold Prices EXPLODE As Dedollarization FEARS Sweep Markets
Valuetainment
Valuetainment Episodes
4.8 • 1.7K Ratings
🗓️ 10 October 2025
⏱️ 11 minutes
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Summary
Gold hits $4,000 an ounce and central banks are buying record amounts. PBD and the crew debate whether this signals inflation, the decline of the dollar, or a global move to de-dollarize. They also compare gold vs crypto and discuss how tariffs and geopolitics play into it.
Transcript
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| 0:00.0 | So gold, gold officially is at roughly $4,000 an ounce. Rob, can you go pull up how much a gold? $40.54 today this morning. $40.54 today. $4,000.54. And by the way, I have a ton of gold myself. I'm a fan of it. I have a ton of gold. And I would buy him and I would set them aside, $4,060 today. So this right here, can you look at what the price of a kilo of gold is? |
| 0:24.1 | Price of kilo gold is to write the kilo gold bar today. See right there. Okay, there you go. What is it today? Holy shit, it just said 130,000. It was 128 yesterday. So this thing right here made $2,000 in a day. |
| 0:37.8 | Okay? |
| 0:41.1 | I bought this at $50,000 just a few years ago. |
| 0:44.6 | And I set them aside, $130,000 now today. |
| 0:50.1 | And when you're reading this, even gold experts are kind of confused of why this thing's going up. |
| 0:50.8 | Let me read this. |
| 0:57.7 | Citadel's Griffin calls rush to gold a safer asset concerning. |
| 1:04.8 | Now, Ken Griffin is a deca billionaire, not a deca millionaire. He's a deca billionaire. When he left Chicago, people were frightened. I was at a meeting at a Goldman Sachs meeting at St. Regis and |
| 1:09.7 | Chicago right on the water. |
| 1:11.6 | And literally everybody who was on the stage, whether it was the Walsh family or the Rinesdorf or the Crow family, the name King Golden kept coming up of why they're leaving Chicago. |
| 1:23.6 | Here's what Ken had to say about gold. Go for it, Rob. |
| 1:26.6 | Gold is at record highs. And the appreciation in other dollar substitutes, to use that word loosely, |
| 1:37.2 | in items like crypto, for example, is unbelievable. So we're seeing substantial asset inflation away from the dollar as people are |
| 1:48.5 | looking for ways to effectively de-dollarize or de-risk their portfolios vis-a-vis U.S. |
| 1:53.1 | sovereign risk. Are you really seeing that? |
| 1:56.5 | No. Just check the price of gold. Well, I mean, I don't have to look very hard. |
| 2:00.4 | It's a life of its own. What? It's a life of its own, gold. No, but it's a life of its own as you see sovereigns around the world, as you see central banks around the world, as you see individual investors around the world go, you know what? I now view gold as a safe harbor asset in a way that the dollar |
| 2:19.5 | used to be viewed. That's what's really concerning to me. Do you agree with them, Eric? |
| 2:26.7 | Even more so. And I think what he's actually doing is making a case for crypto by accident, |
| 2:33.0 | not even realizing what he's doing. I've done this a long time, Patrick. |
| 2:35.9 | I started trading on the in the Comax. I started trading gold in 1985. I've never seen a market |
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