Central Banks vs. Reality: Gold’s Signal in a War Economy

Central Banks vs. Reality: Gold’s Signal in a War Economy

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

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