Gold has surged past $4,200 per ounce, sending shockwaves through global markets. In this short clip, Ron Paul explains why this historic move matters, what it signals about inflation, central banks, and the weakening dollar—and why he’s been warning about this moment for years.
| Time | Text |
|---|---|
| Wow, look at this. | |
| Sarkon, did you see this? | |
| Gold, $4,200? | |
| It's corrections are there, but believe me, there's something big going on with the price of gold. | |
| People shouldn't think about the price of gold only because it's the value of the dollar and the spending that we're doing, the deficits are going up, that is the real problem. | |
| But also, Gold prices is a signal something serious is going on, and we ought to wake up and pay attention. | |
| And it is true. | |
| A lot more people are starting to think about that. | |
| Central banks are buying gold. | |
| So I tell you what, Bernanke was wrong. |