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David Morgan delves into the recent fluctuations in the gold market, explaining how geopolitical tensions, such as the ongoing Ukraine-Russia conflict, have driven gold prices up as investors seek safe-haven assets. Morgan touches on the potential for a gold-backed BRICS currency, warning that despite this movement, the global financial system is still largely driven by the same political forces, whether in the East or West. Ultimately, he highlights the importance of gold as a hedge against the collapse of fiat currencies, stressing that while geopolitical events may cause short-term market fluctuations, the long-term trend remains focused on the devaluation of paper money.

Video length 00:21:15

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