In a recent interview on the Pinnacle Digest Podcast, host Aaron Hoddinott sat down with Money Metals President and CEO Stefan Gleason to discuss central bank gold buying, Federal Reserve policy, the future of the U.S. dollar, and the growing debate surrounding America’s gold reserves.
Gleason argued that the global monetary system is undergoing a major shift as countries increasingly turn to gold to reduce their dependence on the U.S. dollar.
Why central banks are buying Gold instead of US Dollars
According to Gleason, the freezing of Russian assets following the 2022 invasion of Ukraine accelerated the global push toward de-dollarization. Nations around the world took notice that access to the dollar-based financial system could be restricted, increasing the appeal of gold as a reserve asset that cannot be frozen or sanctioned by foreign governments.
He believes central bank…
