AMERICA’S GOLD EXODUS: 260 TONS FLEE AS HONG KONG BUILDS THE NEW MARKET

“Kathleen Tyson, the British former central banker who helped design global market plumbing, just described a quiet physical shift that most markets have not priced. Gold is now the single largest export from the United States. Central banks are pulling metal out of American vaults and parking it in Hong Kong and London. The old paper system is losing its physical anchor in real time.”

It is useful to listen to Tyson’t brief explanation (1 minute): (12) Mark on X: “AMERICA’S GOLD EXODUS: 260 TONS FLEE AS HONG KONG BUILDS THE NEW MARKET Kathleen Tyson, the British former central banker who helped design global market plumbing, just described a quiet physical shift that most markets have not priced. Gold is now the single largest export from https://t.co/kZxBYJ3zkR” / X

Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

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