# Central Banks vs. Reality: Gold’s Signal in a War Economy

Page: https://stenobird.com/podcast/minor-issues-6016417/central-banks-vs-reality-gold-s-signal-in-a-war-economy
Text version: https://stenobird.com/podcast/minor-issues-6016417/central-banks-vs-reality-gold-s-signal-in-a-war-economy.md
Podcast: [Minor Issues](https://stenobird.com/podcast/minor-issues-6016417)
Published: 2026-03-28T11:00:12+00:00
Episode link: https://mises.org/podcasts/minor-issues/central-banks-vs-reality-golds-signal-war-economy
Audio file: https://dts.podtrac.com/redirect.mp3/cdn.mises.org/2026-03/170_Minor-Issues_Thornton_20260328.mp3
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JSON: https://stenobird.com/v1/public/podcasts/minor-issues-6016417/episodes/central-banks-vs-reality-gold-s-signal-in-a-war-economy

## Resource

On the latest episode of Minor Issues, Mark Thornton discusses the recent whiplash in precious metals: historic run-ups, sharp pullbacks, and renewed claims of manipulation. He also explains how, as war and liquidity pressures evolve, markets pivot back to credit stress, rising interest rates, and ballooning government debt. What will central banks do next? Purchase a Minor Issues tumbler today! https://mises.org/MinorIssuesTumbler Be sure to follow Minor Issues at https://Mises.org/MinorIssues

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## Transcript

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