Episode 170
Central Banks vs. Reality: Gold’s Signal in a War Economy
Mises Media · Mises Institute
March 28, 2026
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Show Notes
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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Topics
Financial MarketsThe FedU.S. EconomyWar and Foreign Policy