Is Global Gold Shortage Brewing? Real Reason Behind Gold Flooding Out of London to U.S. | Josh Phair

Gold is making record moves, and behind the price surge, major shifts are happening in the physical market. Large amounts of gold are being transferred from London to the U.S., raising questions about supply constraints, central bank accumulation, and hidden risks in the system. Josh Phair, Founder & CEO of Scottsdale Mint, joins to break down what’s really driving gold’s rally, the impact of China’s new $27 billion gold investment policy, and whether we’re heading toward a global shortage. Key Points: -Why gold is being moved to the U.S. and what it signals -China’s $27 billion gold policy and its impact on BRICS and global markets -Is a gold shortage real, or just speculation? -How central banks—including China, Russia, and Turkey—are reshaping the market -U.S. Treasury Secretary Scott Bessent’s stance on gold and the potential for a revaluation -Why gold stocks are underperforming despite record prices Follow Jeremy Szafron on X: @JeremySzafron (https://twitter.com/JeremySzafron) Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow) Follow Josh Phair on X: @JoshPhilipPhair (https://twitter.com/JoshPhilipPhair) 00:00 Introduction and Market Overview 01:01 Gold Market Insights 01:12 Gold Shipments and Market Reactions 04:31 Speculation and Market Dynamics 17:47 Retail Demand and Market Trends 26:54 Global Gold Policies and Future Outlook 34:59 Conclusion #Gold #GoldShortage #GoldInvesting #BRICS #GoldMarket #PreciousMetals #Investing #ChinaGold #GoldRush #CentralBanks #Silver #ScottsdaleMint #KitcoNews __________________________________________________________________ Like, share, and subscribe to Kitco News—and turn on alerts to stay current with expert interviews, market insights, and breaking news coverage. FOLLOW US: X: https://x.com/kitconewsnow Instagram: https://www.instagram.com/kitconews Facebook: https://www.facebook.com/KitcoNews LinkedIn: https://www.linkedin.com/company/kitconews Visit: https://Kitco.com/ for live gold, silver, and crypto prices, the latest mining news, and macroeconomic insights. Live gold price and chart: https://www.kitco.com/charts/gold Live silver price and chart: https://www.kitco.com/charts/silver Live crypto market data: https://www.kitco.com/price/crypto Learn more about Kitco News: https://www.kitco.com/news/about/ For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: https://www.kitco.com/advertising Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.