Part 3/8:
Fast-forward to the present day, and we find another gold rush underway, sparked by rumors surrounding potential trade tariffs on precious metals in the U.S. The speculation has resulted in a spike in gold prices. As traders scramble to capitalize on this uncertainty, we observe significant movements of gold from the UK to the U.S., notably by banks like JP Morgan and HSBC.
The underlying context hints at a remarkable disparity in gold prices across the Atlantic. Meanwhile, speculation lingers that impending tariff regulations might create widespread instability, ultimately leading to a financial disaster that the banking sector adamantly seeks to avoid, all while managing the gradual decline of the existing system.