Grant Williams, Gold under Trump

Grant Williams explained, “Gold is a 6,000-year asset. When you look at new all-time highs in gold, you’re talking about 6,000-year high prices, and that’s how you should view it—not just as a short-term trading vehicle.” He emphasized that gold serves best as a store of value and protection against inflation over the long term, rather than for short-term speculation.

He highlighted that the recent pullback in gold prices after the election result was likely due to traders selling off short-term positions. However, Williams stressed the importance of looking at gold as a long-term investment, particularly after the 2022 freezing of Russian central bank assets. This event served as a wake-up call, illustrating that central banks could have their reserves confiscated, making gold a crucial hedge against such risks.