Jim Rickards: Why isn’t the gold price climbing with governments buying?

By Jim Rickards, Thursday, 10 March 2022

In this video, Jim Rickards answers a reader's question: Why hasn’t the gold price gone through the roof over the last few years with governments buying up tonnes of the metal? Jim explains it's not as simple as the gold price going up or down.

In this video, Jim Rickards answers a reader’s question: Why hasn’t the gold price gone through the roof over the last few years with governments buying up tonnes of the metal? Jim explains it’s not as simple as the gold price going up or down.

Jim Rickards’ Strategic Intelligence Australia is a monthly communique that connects private investors from around the world…as part of Jim Rickards’ global network. Jim Rickards is no ordinary financial newsletter writer…and Strategic Intelligence Australia is no ordinary financial newsletter.

Jim answers these questions and more. Stay up-to-date with all the latest financial news with The Daily Reckoning.

All advice is general advice and has not taken into account your personal circumstances.

Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.

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All advice is general in nature and has not taken into account your personal circumstances. Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.

The value of any investment and the income derived from it can go down as well as up. Never invest more than you can afford to lose and keep in mind the ultimate risk is that you can lose whatever you’ve invested. While useful for detecting patterns, the past is not a guide to future performance. Some figures contained in our reports are forecasts and may not be a reliable indicator of future results. Any actual or potential gains in these reports may not include taxes, brokerage commissions, or associated fees.

Jim Rickards: Why isn’t the gold price climbing with governments buying?

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