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most people probably would not have anticipated price of gold to go up as steadily in recent weeks as it has um the the culprits so to speak that are listed as as driving the price of gold higher tend to be foreign central banks the Chinese in particular um I would add to that the Chinese retail buyer that doesnt really have good other options real estate sucks I think thats the technical term um the uh the stock market doesnt do well and because the Chinese economy is not very open there not many other choices so thats probably a key driver there historically I look at three groups of buyers outside of governments its the diversification buyer its the one concerned about the purchasing power and its the Speculator and until recently I would have said the Speculator is missing the recent uptick weve had here in the price of gold might suggest that the Speculator its kind of putting the feet back into the [Music] water welcome to thul money Im its founder and your host Adam ta
