In this conversation with Craig Hemke of TF Metals Report, we discuss what is really driving gold after months of volatility, why the recent U.S. intervention around the Japanese yen caught his attention, and why he believes the bigger story remains the weakening dollar and the measures governments will take to keep the financial system functioning.
Craig also breaks down China’s long-term push to build a more physically driven gold market outside the traditional London-New York pricing system, why he sees China moving from a price taker toward a price maker, and how central-bank demand continues to put a floor under gold. We also get into the levels he is watching for gold and silver, why mining shares may be signaling the next move first, and his core view that gold is not becoming more expensive — the dollar is losing value.