“Central banks accumulate gold in secret and leave the dollar behind”

Photo of author

By Berto R

  • The analyst Luke Gromen told how central banks use gold to hide their power.

  • Gold offers real privacy, unlike Bitcoin, and is used to evade sanctions,

The central banks are turning to gold, leaving the dollar in the background. Luke Gromen, a macroeconomic analyst, undressed this silent trend that challenges Bitcoin’s era (BTC). In an interview with Tucker Carlson, Gromen argued that the golden metal continues to charge strength as the supreme economic refuge when chaos stalks, something that probably aims to be done in secret, but that is known in many corners of the planet.

However, Gromen did whistle yesterday that it may sound uncomfortable in some sectors: The central banks are kneading gold at a fierce rhythmmoving away from the dollar in the shadows. This, with mass flows from London to Washington and Beijing.

Since 2014, central banks have sold $ 300 billion in US Treasury Bonds and have bought 600 billion dollars in gold, according to Gromen. “It is a sign of distrust in the fiduciary system,” affirmed. China leads this trend, seeing gold as a tool to internationalize yuan and challenge the hegemony of the dollar. However, Gromen denounces that official data on China’s gold reserves are “a shameless lie.”

“But why did gold survive in full era of cryptocurrencies like Bitcoin?” Carlson asked, which Gromen replied: “They have survived more than 6,000 years because Central banks do not trust anything else«.

The point is that, at present, 70% of the global monetary gold is transferred secret between countries, without informing its citizens. «It’s like in shark [la película]You see the impact, but not the animal, ”he compared. This secrecy, he warned, opens the door to “scams and manipulations,” especially when nations like Russia or Iran use gold to evade sanctions.

Behind all this, a geopolitical game is ongoing, with institutions selling treasury bonds and accumulating gold. All like “a secret turn that could dethrone the dollar and redefine the global future,” as Gromen said.

As part of this game, the analyst explained that the US and Europe have historically “suppressed the price of gold to sustain the prestige of the dollar.” But today, rival powers use it as “tax on Western coins.” An example: China would have accumulated approximately 20,000 tons of gold (not 2,000 declared), according to independent estimates. «If gold rises, the dollar falls. That is why it is a taboo on Wall Street, ”said Gromen, remembering a phrase from the former president of the Federal Reserve. UU., Alan Greenspan:” Gold is the only coin better than the dollar. “

Additionally, the United States, under the Trump administration, seems to be attracting gold from London, possibly to mitigate tariff risks or prepare a strategic revaluation. However, the lack of transparency in these movements raised suspicions in Carlson, who questioned: “Why is there a clear record if this is public money?” Gromen reaffirmed that, although Swiss data offers some visibility, The “monetary gold” moves secret.

Gromen and Carlson said during their conversation that the skeptics of cryptocurrencies, gold remains the “definitive insurance” in a world on the verge of recession. Source: YouTube/Tucker Carlson.

Gold reserves, another great secret to the world

The interview also touched a sensitive point: official gold reserves are wrapped in doubt. “Hanx has really been audited since the 70s?” Carlson insisted. His comments are related to the doubts that Elon Musk is awakening around the gold reserves of the United States.

Musk, is pointing to the place that stores approximately 59% of reserves of the American treasure. “Is the gold still there or is it gone?” He asked, while proposing a live transmission from the vaults to dissipate doubts.

This questioning, which Musk has transferred to the social network X, arises in a context of growing distrust of traditional financial institutions. Especially at a time when the auditing team of the Government Efficiency Department (Doge) discovered that the US Treasury has operated for decades with critically absent financial controls. So much so that, according to internal documents, more than 50 billion dollars annually – self -devoted to 1,000 million per week – deviated to fraudulent accounts without identification.

So, based on that discovery, are there reasons for weight for think that the United States gold reserves are not complete? Well, the answer that Elon Musk has given to that question is yes, something to which the president of the nation himself has joined.

The largest gold reserves in the world are possessed by central banks. Source: World Gold Council.

In his program, Carlson recalled how in the 1960s and 1970 countries like France demanded physical gold, reducing US reserves from 18,000 to 8,100 tons.

In itself, they highlighted the historical fact that took place at that time, when France, under the leadership of its president Charles de Gaulle, played a key role in putting pressure on the gold reserves of the United States. This fact is related to the Bretton Woods system, established in 1944, which linked world coins to the US dollar, which, in turn, was convertible into gold to a fixed rate of 35 dollars per ounce.

De Gaulle, a firm critic of the American economic domain and the “exorbitant privilege” that the dollar enjoyed as a world reserve currency, saw this system as a tool that allowed the US. finance deficits by issuing dollars without sufficient gold support. France, which had accumulated large amounts of dollars thanks to its commercial surplus, began to systematically demand the conversion of these dollars into physical gold at the end of the 60s. Between 1965 and 1968, the Bank of France redeemed hundreds of millions of dollars, withdrawing gold from US reserves. According to historical records, in 1965 France turned approximately 800 million dollars into gold, and by 1967 this figure exceeded 1,000 million annually.

This French pressure was a key factor in the crisis that led President Richard Nixon to close the “gold window” on August 15, 1971, suspending the convertibility of the dollar into gold and marking the end of the Bretton Woods system. De Gaulle, who left power in 1969, had died in 1970, but his policy left a mark: he exposed the vulnerability of the dollar and accelerated the transition to a Fíat currency system.

In Carlson’s interview, Luke Gromen uses this episode to illustrate how gold remains a “geopolitical metal”, remembering how France literally sailed to claim its physical wealth, a precedent that resonates in the current movements of central banks that accumulate gold in front to a weakened dollar.

And where is Bitcoin in all this panorama?

In the AI ​​and Bitcoin era, gold endures not by nostalgia, but as “the oldest and lethal financial weapon.” His next act, according to Gromen, could redefine global power.

The reflection that remained at the end of the program was that Gold is not only a refuge against unsustainable debt of the dollar systembut a tool to restructure the global economy. “It’s not about returning to the past, but preparing a more concrete future,” said Gromen, suggesting that the United States could be accumulating gold to relocate their industry and reduce deficits, while central banks see it as a “neutral active” to a dollar that, according to Senator JD Vance, cited by Gromen, has become a “curse of resources.”

From the point of view of Carlson and Gromer, Bitcoin is still a young contender to a king who still does not yield his crown. However, everything could be about to change in case the United States creates a Bitcoin reserve, something that could strengthen the US dollar and strengthen its position as a world reserve currency.

Bitcoin is positioned as a contender against gold thanks to properties that make it attractive as a financial alternative. First, by Your scheduled scarcity —With a fixed limit of 21 million units, established by its protocol – mimics the limited offer of gold, but without depending on physical mining.

Second, by its divisibility, since It allows fractionationovercoming the physical malleability of gold for small transactions. And third, due to its portability, since the currency can be transferred globally in minutes through the Internet, without the weight or logistic risk of physical gold.

Additionally, His decentralization frees him from government or banking controloffering financial sovereignty that gold, subject to historical confiscations, does not completely guarantee. There are also its transparency and verifiability in the network, which contrast with the opacity of gold reserves, such as doubts about the amount of metal that is now in Fort Knox.

Leave a Comment