Central Banks vs. Reality: Gold’s Signal in a War Economy
From Minor Issues by Mark Thornton
March 28, 2026 · Episode 170
About this episode
Mark Thornton discusses the recent fluctuations in precious metals and the implications of central bank actions in a war economy.
On the latest episode of Minor Issues, Mark Thornton discusses the recent whiplash in precious metals: historic run-ups, sharp pullbacks, and renewed claims of manipulation. He also explains how, as war and liquidity pressures evolve, markets pivot back to credit stress, rising interest rates, and ballooning government debt. What will central banks do next? Purchase a Minor Issues tumbler today! https://mises.org/MinorIssuesTumbler Be sure to follow Minor Issues at https://Mises.org/MinorIssues
People in this episode
Host: Mark Thornton
Topics covered
- central banks
- gold
- war economy
- precious metals
- market manipulation
- government debt
- interest rates
Keywords
- central banks
- gold
- precious metals
- market manipulation
- interest rates
- government debt
- liquidity
Sponsors
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Mentioned in this episode
Organizations: Minor Issues, Mises
Products: Minor Issues tumbler
More episodes of Minor Issues
- Two Important Graphs and Rick Rule · May 2, 2026
- Chemistry 101 · April 25, 2026
- Mark Thornton on the “Synthetic Boom” · April 18, 2026
- Why War Is Pushing Gold Down and Oil Up · April 11, 2026
- Gold Whiplash and the Petrodollar · April 4, 2026
- War, Gold, and the Fed’s Next Move · March 21, 2026
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