The politics of gold: Economist Michael Hudson explains why gold's price is rising so much

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Why has the price of gold been increasing so fast, breaking records? Economist Michael Hudson explains the politics of the …

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23 comments

@v.annabonac2913 March 17, 2025 - 8:00 pm

Thank you, especially for the technicalities.

@chimanchow983 March 17, 2025 - 8:00 pm

9

@rpbajb March 17, 2025 - 8:00 pm

Gold was declared a Tier 1 asset by Basel III. US Treasuries is the other. How can gold be equivalent to debt?

@ultramarine2418 March 17, 2025 - 8:00 pm

So is he bullish or bearish on gold? He said believes in gold would lose but everything else seems bullish for gold.

@toniwatson466 March 17, 2025 - 8:00 pm

Your definition of skyrocket please?

@janhbhugo5085 March 17, 2025 - 8:00 pm

It’s not !

@Jupiterloobncj March 17, 2025 - 8:00 pm

Last castle of manipulation. Soon will crash

@cynnewulf3281 March 17, 2025 - 8:00 pm

There is nothing for a small investor to put their money in.

@FrancesBe March 17, 2025 - 8:00 pm

It is worth mentioning that gold has long been considered a traditional method for building wealth and has proven to be a dependable investment option. However, I am considering expanding my portfolio to include new generation and AI stocks to explore possible growth opportunities. I think this change could help me keep up with the constantly changing market. Do you have any advice on the best way to navigate this transition successfully?

@paulgiglio6944 March 17, 2025 - 8:00 pm

Sell fort knox gold and buy bitcoin

@zbojanovic March 17, 2025 - 8:00 pm

Thank you for this!

@franklindonathan2749 March 17, 2025 - 8:00 pm

Is was the republicans in contract with America that did that. Clinton didn’t do shit but get rich. Also Regan was the best thing that ever happened besides trump

@harismirza1177 March 17, 2025 - 8:00 pm

Thanks!

@charlesmichaelschmitt6412 March 17, 2025 - 8:00 pm

I've noticed more sugns in shop windows buying gold.

@Ghredle March 17, 2025 - 8:00 pm

In a bit less words he is telling us that the US Gold trade based on capitalism is a scam 😂

@hugohabicht9957 March 17, 2025 - 8:00 pm

1:24 Because it isn’t skyrocketing 😂🤷🏼‍♂️

@mikhaelaa March 17, 2025 - 8:00 pm

85 years old and sharp as ever.

@garysullivan8464 March 17, 2025 - 8:00 pm

The value of Gold is based on supply and demand. The higher the price the less the industrial demand. If only 11% of gold is used industrially then 89% is based on hoarding aka speculating. The price of gold now is like an over inflated balloon. Not if but when it pops gold will devalue very rapidly.

@JaneWalterNC March 17, 2025 - 8:00 pm

The significance of gold as a traditional wealth accumulation method cannot be overlooked. It has consistently proven to be a reliable investment option over the years. However, I am contemplating diversifying my portfolio by including contemporary stocks and AI stocks to explore potential growth opportunities. I believe that this adjustment could help me adapt to the ever-changing market environment. I am curious about the most effective strategy to navigate this transition successfully.

@grandwonder5858 March 17, 2025 - 8:00 pm

Gold – the metal that keeps the US from passing its debts to other countries, which the US has been doing with its dollar since 1971!

@coolbrothergee5401 March 17, 2025 - 8:00 pm

Wow 🤯

@randynilsson2466 March 17, 2025 - 8:00 pm

So, how about telling us what is safe? Investment wise

@saltydog1196 March 17, 2025 - 8:00 pm

I predict….Trump, Putin and Xi to put the World on a Gold Standard! 🤫

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