Gold’s Pullback Is Hiding a $40 Trillion Warning

E315 - Gold’s Pullback Is Hiding a $40 Trillion Warning

Published: October 23, 2026

Duration: 9:50

Gold prices have pulled back from recent highs. Silver is showing strength. Oil has eased, and markets increasingly expect the Federal Reserve to pause before potentially tightening again later.
But Dean Heskin and Chris Agelastos argue that focusing only on the latest daily move can obscure the much bigger monetary story.
In Episode 315 of The Secret War on Cash, the Swiss America Trading hosts examine the competing forces moving precious metals.
Persistent inflation and elevated interest rates can pressure gold. At the same time, geopolitical uncertainty, federal debt, concerns about long-term dollar purchasing power and...