WallStForMainSt: David McAlvany: While Fed Hikes Rates More, Other Central Banks Buy Record Gold Tonnage In Q3 2022

  • Thursday, 03 November 2022 00:46
Jason Burack of Wall St for Main St interviewed returning guest, 2nd generation money manager and the CEO of the McAlvany Group of companies https://mcalvanyica.com/, David McAlvany McAlvany has been in the precious metals business for 50 years and they also have a money management firm for other assets. Central banks buy record amount of gold in Q3 and large chunks are from unknown buyers: https://www.kitco.com/news/2022-11-01/Central-banks-buy-record-amount-of-gold-in-Q3-and-large-chunks-are-from-unknown-buyers.html From the article: "Gold purchases from central banks reached a record during the last quarter, revealed the World Gold Council's quarterly report. But the caveat was that the big players remain anonymous. A total of nearly 400 tons was bought by central banks in the third quarter, the most on record. This also marked a 300% jump from the same period a year ago, the World Gold Council said in its Gold Demand Trends report released Tuesday. Year-to-date, central banks bought 673 tons, more than any other annual total since 1967." Over 200 articles (almost 250), audio podcasts & interviews with experts exclusive for Patrons with 83 new articles & audio podcasts out in the last 61 weeks! Plus, you are helping keep the free content free so it doesn't all end up behind a paywall. One of the best deals in the research space for only $5 per month! Come and join the almost 900 Patrons chipping in each month over on Patreon behind the paywall! Go to Patreon dot com slash wallstformainst or http://www.patreon.com/wallstformainst **Please check your debit or credit card on file with Patreon to make sure that it did not expire. This is happening a lot every month.** Please visit the Wall St for Main St website here: http://www.wallstformainst.com Follow Jason Burack on Twitter @JasonEBurack If you feel like donating fiat via Paypal, Bitcoin, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website or through Paypal. Send one time donations to our Paypal to the email address: [email protected] Donate Crypto Currency to WS4MS: Send Bitcoin to: 1N5iDrazojYX5rWxmoyp982RDXJzJrFoPC Send Ethereum (ETH) to: 0x748dD59fA5d5dF80E8C0038DD4F60DAb810fe61a Send Litecoin to: MW7g44j5FX9CYEkvfPvxsW5dFjHY84yup4 Send DASH to: XuEEhWptwf1XxP2nFYQxmBfBBJYehqRoBJ Send Zcash (ZEC) to: t1MGcxyWpiH6JeyF9nnWHw9poRpvTW4PT6S Send Bitcoin Cash (BCH) to: qr7mp7f053rwnpxalxljl3f9x5tulzv53ya88d7wch Wall St for Main St is also available for personalized investor education and paid research work (we write research reports and teach). But these will require the customer agrees up front to invoices with hourly billables for additional research and the price will be expensive. Please email us to learn more about the research work we offer at: [email protected] **DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**

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