Central Banks vs. Reality: Gold’s Signal in a War Economy

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Tags: The Fed, Financial Markets, U.S. Economy, War and Foreign Policy

03/28/2026 Mark Thornton

On the latest episode of Minor Issues, Mark Thornton discusses the recent whiplash in precious metals: historic run-ups, sharp pullbacks, and renewed claims of manipulation. He also explains how, as war and liquidity pressures evolve, markets pivot back to credit stress, rising interest rates, and ballooning government debt. What will central banks do next?

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