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What is driving up the price of gold? Here's an answer.

cinque1543cinque1543 Posts: 393 ✭✭✭
edited February 12, 2026 8:13AM in Precious Metals

If interested, at about the 6-minute mark of this podcast, the guests share their views on what has been driving the increase in precious metal prices, and other metals.

Short answer: Countries like India, China and others are moving away from the U.S. dollar as a safe haven currency, preferring precious metals instead.

Comments

  • stevekstevek Posts: 31,598 ✭✭✭✭✭

    Looks like 5K is a gold magnet, one way or the other.

  • MsMorrisineMsMorrisine Posts: 38,213 ✭✭✭✭✭

    china and india didn't save it from falling below 5000

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • jmski52jmski52 Posts: 23,870 ✭✭✭✭✭

    Why do you think gold went up 65% in 2025 if China and India weren't involved? I'd like to know your "theory".

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • MsMorrisineMsMorrisine Posts: 38,213 ✭✭✭✭✭

    mania. bubble

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • derrybderryb Posts: 38,418 ✭✭✭✭✭

    BRICS

    When gold and silver move together, it signals the coming end of fiat money.

  • MsMorrisineMsMorrisine Posts: 38,213 ✭✭✭✭✭

    BRICS didn't keep it from falling under $5000

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MsMorrisineMsMorrisine Posts: 38,213 ✭✭✭✭✭

    5600 to 4600 to 5000

    where are the rest of the brics to buy it back to 5600 and higher?

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • johnny9434johnny9434 Posts: 30,616 ✭✭✭✭✭

    I hope the price holds, we shall see (for now)

  • derrybderryb Posts: 38,418 ✭✭✭✭✭

    @MsMorrisine said:
    BRICS didn't keep it from falling under $5000

    BRICS central banks control more than 50% of global gold supply.

    Their agreesive buying is the number one reason for record prices. One can be quite sure they are not selling.

    When gold and silver move together, it signals the coming end of fiat money.

  • GoldFinger1969GoldFinger1969 Posts: 3,270 ✭✭✭✭✭

    @derryb said:
    BRICS central banks control more than 50% of global gold supply.
    Their agreesive buying is the number one reason for record prices. One can be quite sure they are not selling.

    China paused gold buying several weeks ago and late-2025; the price still rose.

    They are big players, no doubt, but they are not the only ones with bids underneath.

  • MsMorrisineMsMorrisine Posts: 38,213 ✭✭✭✭✭

    a lot of players sold from 5600 to 4600

    the record prices haven't returned and we aren't up 50% of the recent low

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • jmski52jmski52 Posts: 23,870 ✭✭✭✭✭

    lol, keep denying it. FOMO, lol

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • GoldFinger1969GoldFinger1969 Posts: 3,270 ✭✭✭✭✭

    @cinque1543 said:
    Short answer: Countries like India, China and others are moving away from the U.S. dollar as a safe haven currency, >preferring precious metals instead.

    Actually, their citizens are afraid of THEIR OWN CURRENCIES and they want to own gold as a hedge or because of tradition.

    They're not betting against the dollar. In many cases, they have capital controls and would welcome dollar investments but their governments don't want to risk capital flight.

  • RedneckHBRedneckHB Posts: 20,068 ✭✭✭✭✭

    @GoldFinger1969 said:

    @cinque1543 said:
    Short answer: Countries like India, China and others are moving away from the U.S. dollar as a safe haven currency, >preferring precious metals instead.

    Actually, their citizens are afraid of THEIR OWN CURRENCIES and they want to own gold as a hedge or because of tradition.

    They're not betting against the dollar. In many cases, they have capital controls and would welcome dollar investments but their governments don't want to risk capital flight.

    https://www.bloomberg.com/news/articles/2026-02-18/foreigners-rebuff-sell-america-and-pour-in-a-net-1-5-trillion

    Hey jmski, what do you make of this.....foreigners bought $442 billion of US treasury bonds last year.

    Overseas investors bought a net $1.55 trillion of long-term US financial assets in 2025, data released by the Treasury Department on Wednesday showed. That’s up from a net $1.18 trillion of purchases the previous year. Of that total, $658.5 billion went into equities and $442.7 billion to Treasury notes and bonds

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • jmski52jmski52 Posts: 23,870 ✭✭✭✭✭

    Hey jmski, what do you make of this.....foreigners bought $442 billion of US treasury bonds last year.

    Hey coho, how does that compare to the amount of gold they bought last year and is the percentage of gold being held by central banks around the world compared to US 10-year Treasuries rising, or declining?

    Are you suggesting that your clients should go 60/40, or 60/20/20?

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • softparadesoftparade Posts: 9,810 ✭✭✭✭✭
    edited February 19, 2026 7:19AM

    What's the coho reference I keep reading? Banned account back as an alias?

    COPPER is gutter !

  • WingsruleWingsrule Posts: 3,263 ✭✭✭✭

    @softparade said:
    What's the coho reference I keep reading? Banned account back as an alias?

    RedneckHB’s previous handle was cohodk. Not banned, just changed the name.

  • RedneckHBRedneckHB Posts: 20,068 ✭✭✭✭✭
    edited February 19, 2026 1:14PM

    @jmski52 said:
    Hey jmski, what do you make of this.....foreigners bought $442 billion of US treasury bonds last year.

    Hey coho, how does that compare to the amount of gold they bought last year and is the percentage of gold being held by central banks around the world compared to US 10-year Treasuries rising, or declining?

    Hes just responding to your incessant comments about nobody buying treasuries. Just a reminder for you.

    But how do we even know China has been buying gold? Has anyone seen it? We constantly demand proof that there is gold in Ft Knox, but we never demand to see China's gold? Why is that?

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • RedneckHBRedneckHB Posts: 20,068 ✭✭✭✭✭

    @Wingsrule said:

    @softparade said:
    What's the coho reference I keep reading? Banned account back as an alias?

    RedneckHB’s previous handle was cohodk. Not banned, just changed the name.

    Gotta admit, this would have been an awesome avatar.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • dcarrdcarr Posts: 9,856 ✭✭✭✭✭

    @RedneckHB said:

    @Wingsrule said:

    @softparade said:
    What's the coho reference I keep reading? Banned account back as an alias?

    RedneckHB’s previous handle was cohodk. Not banned, just changed the name.

    Gotta admit, this would have been an awesome avatar.

    .

    It certainly fits the "false prophet" meme (as does the current avatar).

    .

  • MsMorrisineMsMorrisine Posts: 38,213 ✭✭✭✭✭

    @jmski52 said:
    lol, keep denying it. FOMO, lol

    fomo is the fear of missing out.

    whenit was 400 going to 4200 people felt fomo anddove it to 4400, then there was more fomo to 4600 and so on

    fomo ran this up and the lack of fomo drove it down. this 5000 thing is just a pause as people realize the party is over and they sell

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • jmski52jmski52 Posts: 23,870 ✭✭✭✭✭

    It's not going to $40. Your denial will keep you out of the market and all the while your FOMO keeps hoping it will crash.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • MsMorrisineMsMorrisine Posts: 38,213 ✭✭✭✭✭

    gold 2500

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • RedneckHBRedneckHB Posts: 20,068 ✭✭✭✭✭
    edited February 19, 2026 7:52PM

    @dcarr said:

    @RedneckHB said:

    @Wingsrule said:

    @softparade said:
    What's the coho reference I keep reading? Banned account back as an alias?

    RedneckHB’s previous handle was cohodk. Not banned, just changed the name.

    Gotta admit, this would have been an awesome avatar.

    .

    It certainly fits the "false prophet" meme (as does the current avatar).

    .

    I knew you'd like.it. Thanks!!

    And dont be dissin the beagles.

    Very strong opinions expressed in this thread which probably means yall are wrong.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,853 ✭✭✭✭✭

    Nothing drives the price of gold like desire, fear, and greed. But let’s look from an historic and economic view. It’s the basis of wealth.

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