Why Are Banks Buying Up All of the Gold?

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Title	:	Why Are Banks Buying Up All of the Gold?
Lasting	:	8.45
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Platinum is questionably better, but God says go with gold so gold it is
Comment from : @SOLveteran111

jewrdan peterson
Comment from : @JM-jq6sq

The British Pound Sterling was backed buy a pound of silver 925 purity, and the Peruvian Pound, ten soles, was one British pound in the 1800's Today, one US dollar is 375 Soles, and $125 is one GBP However one gram of Sterling Silver is 346 Soles, and ten soles buys one a decent lunch, and 200 soles buys you filet migñon and the best french fries with a couple of beers and a glass of Cabernet Souvigñon, at the best meat restaurant in Lima, La Tranquera
Comment from : @RobertojavierSilvaharth-ub3pz

You can not print gold/silver… and to keep the USD, America has to stay in a state of war… That’s why they “change” (Obama) governments (Ukraine) and start proxy wars… Would be “fun” to see what happens when China asks back their loans to America for direct payments when they also cut off the petrodollar at the same time… America can only try to higher the gold prices and sell the gold they hold …also other countries gold for a much higher value or go bust, massive inflation and civil unrest BRICS with Russia 🇷🇺 in front wants to get rid of fiat currencies… So that’s the reason why the west is so pro war against Russia… they threaten the financial system of the west they threaten the quantitative easing Ponzi sceme the west us doing to rule the financial markets
Comment from : @artificial-frequencies

The reason bitcoin > gold:brbrGold mines can be opened and supply can be increased if gold price begins to move up This subdues gold price You can’t mine bitcoin at a quicker ratebrbrGold is ponderous, Bitcoin can be held on a small devicebrbrGold can’t be moves easily across border and you’ll get stopped by authorities, Bitcoin is easy to transportbrbrGold is scare but not finite, Bitcoin is finitebrbrGold’s price is made up of 90 speculation, bitcoins price is made up of 100 speculation, but you see, we are making a world made out of mind rather than stuffbrbrGovernment can ban gold like they previously have, government have tried to ban bitcoin and can’tbrbrGold can be confiscated from you, Bitcoin can’t be taken from you, if you hold it in the right waybrbrI could go on…
Comment from : @Risingconsciousness

If you hold gold you will lose less than if you hold fiat If you hold bitcoin you will lose less than if you hold gold
Comment from : @Risingconsciousness

Buy Bitcoin
Comment from : @Risingconsciousness

God created it God used it That is what makes it valuable
Comment from : @user-freedomUSA

I've been looking into cryptocurrency investments, but I'm still unsure about the best and safest way to go about it Any advice or insights you could share?
Comment from : @SteveRosen-n5b

All the gold held by the US, is valued on the balance sheet at $45/oz
Comment from : @Lane-b7i

He says Gold but all I hear is bitcoin
Comment from : @colecostello4100

Isn't it amazing how all these countries that have the military power to take on the USA (and the west) are trying to get back to supporting currency with commodities such as gold? The banks aren't the only ones buying up all the gold should be an obvious sign for something
Comment from : @CameronsCandorOriginal

As someone who looks at lots of bank balance sheets I have yet to see them buy gold, just a confused on his stats?
Comment from : @jonathanmaynard6311

1 year since this video & gold is up 37
Comment from : @sicpuppyblahblah

Gold also has the same value the world over
Comment from : @markknox182

Oh no, at 4:30 he interrupted him What did he want to say?
Comment from : @erichhartmann3949

Is it really worth investing in gold in 2024, I’ve been on the sidelines watching the market for awhile and it seems to be pretty stagnant to me not that it matters because I’m in it for the long run, but how can one generate actual profit in this current market?
Comment from : @caseybills5517

Is stack gold and Silver and i love it
Comment from : @aponcapone

Breton Woods III now values gold as Tier I on a bank balance sheet, equal to the US dollar BRICS want an alternative to US dollar and is focused on the "Unit" which will be backed with 40 gold and a mix of currencies Saudi Arabia is now a BRIC member 43 of oil production is now in BRIC countries Think Petro dollar and you know de-dollarization is likely ramping
Comment from : @therolandx

gold is indestructible and is invaluable to you know who
Comment from : @twowheelpursuits

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them We can get by, but can't seem to get ahead My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for
Comment from : @TylerMohn-g9l

Gold didn't really work Unless you call thousands of years of economic, cultural, and social stagnation often under deflationary conditions which encouraged the wealthy to hoard their riches "working"
Comment from : @luckylanno

Buying Gold with what? I am certain that anyone listening here may have had a stroke Remember what happened to Germany when they lost WW2 In the 30s Roosevelt prevented citizens from possessing gold Governments are hoarding it because a big war is possible Vietnam started out small in the JFK Admin
Comment from : @twhelostl61

Banks are buying gold and other Precious Metals because of they have remained stable or appreciated in this shambolic times with these banks collapsing, META down 40k, ALLP down 35k, Draft Kings down 6k, NIO down 15K, ABML down 8k, and my wife doesn’t know I'm just hanging on to Jim Cramer's words about opportunities in volatile times so perhaps, I either wait for a recovery or pick profitable investments to substitute for my loss
Comment from : @leondonald

I don't beleive what Jews say
Comment from : @DingbatGoldfarb

The interviewer demonstrates that gold has no inherent valuebrPeterson cannot demonstrate it has and says that’s ridiculousbrIt’s based upon shared belief- just like fiat currency and he cannot demonstrate otherwisebrWaste of time to listen to this guy
Comment from : @spencerme3486

The real value for gold is 5000 - to7500 If some body realize what's happen in this world but some of the human being can far seeing 🤑🇺🇸🥇🇺🇸
Comment from : @bass2367

Yes, there is an alternative, and it's Bitcoin Schiff!!!
Comment from : @pier-oliviermarquis3006

You can’t print gold
Comment from : @MaySpecials

Who owns the banks, Jordan?
Comment from : @bleachftw04

In 2019 the BIS declared gold a tier 1 asset brThis is why central banks have been hoarding it brThey understand that the dollar is not sustainable
Comment from : @dmonty4354

Because we left the gold as money and created "fake" currencies with no limits to the mass of it, the expansion of economies have exploded artificially! It is all fake! What we got was over consumption that has lead to pollution of air and water that we might never manage to get rid of and thereby kill our self! It has all been about GREED! Now we will soon pay for that It will not end well!
Comment from : @Barnabasanon

The only people defending having gold or siver are the people so heavily invested in it that they dont want to seem foolish Anything only has value as long as someone wants it If our society collapses and someone tried offering a set amount of gold for somthing i have im going to tell them to pound sand cause other than saying oooohh thats pretty there is zero practical use for it This guy is assuming that there will be some sort of monetary system Can you eat gold? Can you hunt with gold? Will gold shelter you or keep you and your family warm? Not with a complete social collaps
Comment from : @stevehall2221

Because enough is enough, give them hellbrbrDo you remember that?!
Comment from : @heshamsayed86

Considering the current market uncertainty, it appears prudent to consider investing in gold or a gold ETF I'm contemplating allocating over $300k for retirement purposes While the potential for short-term gains in a bullish market is enticing, I recognize the importance of maintaining a long-term investment strategy
Comment from : @alexstevenm6414

Are the banks being taxed at a 28 collectable fee like we the peasants?
Comment from : @aaronreaka9024

Gold is fiat money It is only worth what people agree that it is worth This man probably owns gold and did this interview to hype it's value
Comment from : @timlemmon2332

He did a very poor job of answering why gold has intrisic value
Comment from : @michaelwescott8064

Gold is incorruptible, scarce and very useful in a myriad of ways
Comment from : @tombinkley2688

Wow!! What next
Comment from : @QueensLand-c2i

Okay , great! Now next?
Comment from : @queenethemilynick9789

Okay, what is the best time
Comment from : @zatti9537

Gold and silver are money in Quran the real money No doubt in this
Comment from : @bmz9474

Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance This involves exploring options such as stocks, gold, silver, and digital currencies Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues
Comment from : @fawnriverpuppyservices76

Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance This involves exploring options such as stocks, gold, silver, and digital currencies Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues
Comment from : @AdeleLaurie1

the gold is most usefull metal, most retarder thing ive heard lol
Comment from : @ritoditukorifitu256

Acting like why are banks buying gold is like saying why are investment forms buying stocks 😱
Comment from : @Ye-tf9im

TRULY valuable! Indeed, they are created from SUPERNOVAE!!!
Comment from : @Ag3nt47-u1z

My son runs a trillion dollar fund based in MonacobrHe is never fully invested the planets economy is to small
Comment from : @jaglazzarinim2558

Ehh bullshit It’s bcuz most ppl aren’t mature enough to understand the value of their own Country’s worth, to use their Entire GDP to finance bonds that insure the whole thing
Comment from : @TheWorldBelow360

I've self-managed my portfolio for 30 years, including 3 Berkshire Hathaway Class A shares (BRK:A) bought in the mid-90s for $17,000 each I'm now liquidating some positions for new Gen stocks Should I reinvest in gold given the current stock market instability?
Comment from : @FelineAirstrip

Bitcoin is ok until Internet is switch off Which can be done by USA again! Or emp impulse created by nuclear explosion Gold Is superior The only problem is to pay in gold across oceantrades
Comment from : @adambizi2872

It appears that China and Russia are taking baby steps to transition their currencies to the Gold standard Problem with this is that they do not have enough gold reserves to do this effectively and once they do this gold prices will skyrocket The Fiat countries can easily crash China and Russia currency by dumping their gold This is one of the reasons why US has the biggest gold reserves in the world It's more of a weapon than an asset
Comment from : @jhchooo

All circular bullshitbrPeople better wakeup Gold is being bought by private banks with money that is losing valuebrBecause governments chose to let private families setup banks that issues money with compunded debt, which eventually ballons into a ridiculous amount that no sensible person can or should paybrWho mines the gold? Banks?!?!brAren't the major mining companies owned by families that control banks, that also set gold pricesbrGold is real money How? Because psychological warfare agents and social engineers say sobrAll countries are in debt But to who?brPrivate bankersbrWho hold the gold and silver, who set the price, who buy it back when money looses its valuebrWhat a head game
Comment from : @troyviorla4372

The fact that you can physically mine gold and silver and you CAN NOT print your own FIAT money makes gold worthy You can still mine precious metals- you never could and truly can't mine paper fiat money
Comment from : @johnfortes2171

Everyone owed gold and they lived longer
Comment from : @tysonthompson1381

And what will happen when breakthroughs in fusion occur? Gold will be able to be created
Comment from : @Vicproctor

People, this is why the house prices went up 10 times since your parents generation They artificially reduced supply, population grew and they printed trillions
Comment from : @JvmCassandra

Jordan Peterson aligning himself with Ben Shapiro tells me all I need to know about Jordan It’s no wonder he so conflicted
Comment from : @demo3003

If you examine the information provided, you will realize that the matter is not about banks that bought gold but rather about Jewish families who stole the gold of the American people as happened in the 1930s
Comment from : @SelfDiscoveryinAudio

My dad bought a hotdog cart back in the 70's and sold millions of hot dogs Now he owes 4 hotdogs carts You can't eat gold
Comment from : @tremoo5987

he said the word "gold" 1983345 times
Comment from : @damiangramm

The transition to gold MUST be after a controlled DEFALT on national debt , or , forced by a catastrophic collapse of fake US dollar But , we all know what is going to occur with the “kick the can down the road “ politics
Comment from : @LuckysMotorcycles

Gold is a truly remarkable and valuable metal that has captured the human imagination for thousands of yearsWith all of the current events, what is the best approach to profit from the present market? I'm still debating diversifying my $400k stock portfolio to obtain some profits while minimizing risk
Comment from : @DennisJack-km8ho

Hey Jordan, Gold is mentioned in Genesis, more than once So you could say it’s God’s money Similar with Silver ✝️🇮🇱🌎🇺🇸
Comment from : @jaytea42

What about SILVER?!?! The PEOPLES MONEY!!! Forget about banksbrIMHO
Comment from : @Freddy-Da-Freeloadah

Gold will be revalued UP in order to bring down the nations debt That's how i look at it If all the countries around the world are buying gold we should too Wealth insurance Keep stacking
Comment from : @Marky-j3o

Gold is the only metal that does not rust It will still be there in a thousand years Even silver rusts, although slowly Gold can be used to conduct electricity, used to make certain equipment and used as alloys So demand will always be there for gold
Comment from : @twu905

Jordan is great DW is garbage Hoping that he will move to another platform
Comment from : @tacojonny

He's mostly right, but I can't listen to him without raging because he comes off as a Gold Maxi who completely discounts that Silver was actually the Primary Monetary metal during those "thousands of years" he mentioned If you could look back, with only a few exceptions, you would see the working and middle (artisinal/managerial) classes did all their buying with silver 99 of transactions through history were with silver and copper, not gold Yet not a peep about silver from Adam Schiff
Comment from : @Bigswimgaming

Silver is more useful than Gold! Gold is great but what runs computers, electric cars, solar panels and so on is SILVER!
Comment from : @daniellbatten3863

Its great to she JP pushing back and peter coming up with the perfect answers to his questions
Comment from : @TacticalTimmyGoldandSilver

He never answered Jordan’s question though What is gold’s intrinsic value?
Comment from : @BrianCockburn

Gold is a limited resource that one has to find, dig up and refine Last forever Can be used for more than jewelry Unlike whipping out some sheets of paper and stamping some denominations on it, seems to be unlimited If you had a gold coin during early part of depression you were considered rich CHINA record amount, Russia last 5 yrs before ukraine and sanctions did not hurt their economy, Turkey and so on They Know But not US Just print, baby print until you can use it as wall paper
Comment from : @kathyshellen

All value is subjective and price is set on the margin Water is generally cheaper and less valued than gold That is unless you have been walking through a dessert for a day or two without water
Comment from : @DaveTromp

Buy YELLOW GOLD!!! @o@
Comment from : @GraceT-y4g

Gold can’t be destroyed
Comment from : @Supportfreespeech

THE NEW BRICS CURRENCY IS COMING SOON & WILL ABSOLUTELY REPLACE THE DOLLAR AS THE GLOBAL RESERVE CURRENCY! BUY GOLD & SILVER NOW!
Comment from : @jamesborders9841

I swear Peter is so full of herself and what he chooses to be willfully ignorant about amazing me it's as though he blatantly disregard why the reason necessity of a currency continuously plays a dominant role and why gold is still continuously just a base value you cannot use gold to go into the grocery store and buy some bread or go to McDonald's and he's so stupid and yes I mean stupid because it's damn sure willful
Comment from : @jensen5668

Im really interested in seeing how battle bank incorporates gold
Comment from : @DadInFastForward

Central Banks are buying gold for when their currencies crash in value They're not buying it to back up their currencies with it They're buying it because they know their currencies will crash They know they're currencies are already worthless so it's a good idea to exchange worthless currencies for gold while you still can before everyone realizes your currency is worthless Gold buying is an insurance policy for countries to try and insulate their governments from total bankruptcy when their currencies collapse There isn't enough gold to back up any currency That's the big problem why no one can back up their currencies with gold any more There just isn't enough of it The economy is too big for that
Comment from : @pharaohcaesar

It takes energy to mine gold and energy is money And thus Gold is a store of energy and thus money
Comment from : @zinmintun2001

Can't make gold or print gold ✨️
Comment from : @keithbriggs7001

Banks buying up gold with money created out of thin air Gold in exchange for worthless dollarsbrHeck, how can I join in the limitless access to the creation of fake money accepted by everyone in the world?brWe all know how this is endingbrWorse, their solution is replacing worthless physical currency not backed by anything, and replacing it with nonphysical digital money backed by nothing called CBDC Unlimited currency creation that only exists in peoples minds Legalized scam against the world, or at least everyone participating in itbrNothings changedbrAll currencies not backed by gold are just scams against the world
Comment from : @gusbarrera417

You don't even have to say who's buying upThe gold go around to the gold storePop-ups in the mall's has key a*b*/b and all the foreignersThey'll buy selling trade gold Americans don't seem to grasp the value of gold I do
Comment from : @HarveyWalbanger-mu7dz

Banks are buying gold and other Precious Metals because of they have remained stable or appreciated in this shambolic times with these banks collapsing, META down 40k, ALLP down 35k, Draft Kings down 6k, NIO down 15K, ABML down 8k, and my wife doesn’t know I'm just hanging on to Jim Cramer's words about opportunities in volatile times so perhaps, I either wait for a recovery or pick profitable investments to substitute for my loss
Comment from : @SeanTalkoff