Gold: The New Mega-Buyer You Haven’t Heard About | Weekly Market Wrap-Up
Gold is heading for four straight months of gains — and a new giant buyer has emerged, buying more gold than any central bank in Q3. Yes, more than China, more than Turkey. We break down who it is, why they’re doing it, and how this changes the gold market in 2025.
We’ll also cover the Fed’s sudden push for a December rate cut, the U.S. consumer cracking under record credit card debt, geopolitical surprises from Russia and Japan, and why Europe is selling gold while Asia buys aggressively.
Gold at $4,100+ isn’t just a chart—it’s the start of a capital-flow shift into real assets.
Timestamps
00:00 Intro
02:00 Retail sales, “record” Christmas spending & weak consumer sentiment
04:40 Credit-card usage and debt at record highs – is this sustainable?
07:30 Geopolitics (1): Russia–Ukraine peace plan and what it really means
10:30 Geopolitics (2): Japan–China tensions over Taiwan & UN escalation
13:50 The Fed, Waller’s comments & why markets now price a December rate cut
17:00 Gold price update – 4th month of gains and a fresh breakout above $4,100
19:00 The new gold whale: Tether’s 24 tonnes in Q3 & 116 tonnes total
21:30 ETF flows – Asia keeps buying, Europe dumps gold (especially Germany)
23:30 Gold miners & Barrick: activist pressure, free cash flow and high-grade assets
25:10 Copper in an uptrend – Anglo/Teck, BHP walking away & what might come next
26:10 Closing thoughts & what’s on the agenda next week (London trip & upcoming guests)
Credit to : Soar Financially