About this episode
Nicky Shiels, Head of Metal Strategy at MKS Pamp, analyzes gold's unprecedented rally beyond $3,400, explaining how global de-risking of US assets, trade tensions, and central bank demand have created a unique environment where gold trades independently from traditional correlations.*This video was recorded on April 22, 2025.Use my promo codes to get a 10% discount on BTC Vegas (May 27-29), the world's biggest Bitcoin conference:BTC Vegas 2025: B25: https://tickets.b.tc/event/bitcoin-20... BitcoinAsia: https://tickets.b.tc/event/bitcoin-as... Subscribe to my free newsletter: https://davidlinreport.substack.com/ Listen on Spotify: https://open.spotify.com/show/510WZMF... Listen on Apple Podcasts: https://podcasters.spotify.com/pod/sh... FOLLOW NICKY SHIELS:MKS Pamp: https://www.mkspamp.com X (@nixsa84): https://x.com/nixsa84 FOLLOW DAVID LIN:X (@davidlin_TV): https://x.com/davidlin_TV TikTok (@davidlin_TV): / davidlin_tv Instagram (@davidlin_TV): / davidlin_tv For business inquiries, reach me at david@thedavidlinreport.com*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates. 0:00 – Intro 2:12 – Dollar/Gold relationship 4:17 – Forecast 5:36 – Gold premium 7:21 – Buyers 9:07 – Chaos premium 10:26 – Bond yields 12:10 – Dollar unwinding 13:07 – Silver 15:27 – Copper 17:08 – Better indicator for growth 18:23 – Geopolitical forces 20:00 – The Fed and gold 21:39 – Central bank buying 23:05 – Recession probability #investing #economy #gold