Get “The Last Time Central Banks Did THIS, Gold Went Vertical” research report for free

The companion research report to Felix Prehn’s video, prepared by Goat Academy Research. Enter your email address and the report opens immediately.

A 27-page research report on why gold fell while central banks kept buying, and why the location of their reserves matters. It examines Goldman Sachs’ estimates of official gold purchases, the movement of gold between New York and London, and the trade-offs between access, security and political risk. It connects America’s interest bill to financial repression: holding interest rates below inflation so that government debt shrinks in real terms while savers lose purchasing power. The report revisits 1971 to 1980, explains the limits of that comparison, and sets out the signals that would weaken the case for gold. Bonus sections cover physical bullion, allocated storage and gold-backed funds, with a glossary and a checklist for reviewing savings and pension exposure. It is an educational explanation, not a prediction of the next gold price move.

Goat Academy is an online financial education institution founded by economist and former investment banker Felix Prehn.