How Illegally Smuggled Gold Is Fueling The U.S. Gold Boom

[@lakeguy65616]

the headline of this video has it backward. the rising price of gold is fueling demand for smuggled gold. I expect more out CNBC. increasing the supply lessens the "boom"...

[@earlysda]

lake, actually, there were several errors in this report, as is common in CNBC reporting.

[@Aaron-x1x5f]

Agreed, terribly inaccurate reporting and assessment

[@ah5836]

Fully agree. I wouldn't expect any better from an NBC station, though. Rubish.

[@markharris2912]

CNBC seeks to demonize gold and give a back-door rationale for you not to save gold. Hmm What could possibly be a reason they don't want you buying gold? One obvious answer is the inflation of the dollar. Gold (even more than other things) is worth more dollars every day. They try to make gold ownership seem morally reprehensible, siting abusive working conditions of gold miners. As if this hasn't always been the case for most things we pay for and consume. Just look at Walmart/China Inc. When Wall Street booms the workers suffer. Workers get to make the products and provide the services, without sharing in the bounty. And no, $12/hr is not sharing in the bounty. But even if that's all you make, every penny you put towards gold will be a strong investment right now. You will never have trouble cashing out of gold, and you may see a tidy gain in value. They have been keeping the price low because they are buying up all they can. That won't last much longer. Silver same thing.

[@cameronf3343]

If you actually think value is derived from scarcity, you’ve been completely conned.

[@lukeecle117]

Gold is better than dollar paper bills

[@auroralflame8515]

100% but when times come gold will be useless when food and water become limited....the end is near my guy...

[@Neeper78]

True, but Bitcoin is better than gold.

[@paulheydarian1281]

Na aah! 👎🏼🤫

[@hightonesdrifterkent6600]

American system hates gold.

[@mindyourbusiness4101]

​@@Neeper78if you have electricity, internet, and government allows you to use it.

[@mikorara]

African nations should come together and really protect their resources..

[@syamkumarkaturi9761]

SO UNO SHOULD START GREEN GOLD MINING LEGAL BY HIRING MINNERS AND PAY THEM GOOD JOB FOR MONEY..

[@raybans8712]

Africans are far too greedy and corrupt

[@alainportant6412]

@@thenotoriousgoob they are not the smartest bunch

[@DogonChild]

​@alainportant6412imagine that

[@blakiniknorguild142]

Never will happen. If they can make a buck, money wins.

[@livesimply_]

The take away is that the price of gold should actually be much higher.

[@therealityarchive2380]

Oh it will be

[@Salisboury]

Indeed, but there’s a lot of price manipulation to keep it down.

[@richardmccann4815]

​@@Salisbourybecause the elites want to buy it cheap!

[@cryptosinternational1785]

@@therealityarchive2380 what about silver ...it should 100x

[@blaynoku617]

I am a Ghanaian from a typical mining community and i like how they put the emphasis on how the arrival of Chinese nationals have caused a great harm. Galamsey which is illegal mining has been part of Ghana, until the arrival of the Chinese there was very little pollution because it was done at a very small scale by farmers who discovered gold on their farm lands. They brought heavy machines and put them on our water bodies and in less than 5 years things are so different and pollution is at ticking point.

[@MANADOSTREET]

Ghana is world producer of cocoa why they don't make it as their 'gold' European pay Penny on Ghana cacao

[@Ynalaw]

Judging by the video, it seems that Ghanians are polluting their own country with these illegal mines.

[@Agnelum1]

I understand what you are saying, but my issue (with all of us Africans) is that we just sit and watch these outsiders (whether chinese, russians, europeans, or americans) come in and do this. There's NO WAY that you and I could just show up anywhere in china and start mining with complete disregard for the environment and get away with it. Those guys would finish us in no time.

[@blaynoku617]

@@Agnelum1 it all boils down to corruption and incompetence from our leaders. It has now gotten so bad that all the citizens are now corrupt.

[@BLESSED1591]

@@Agnelum1look at trump on his tariffs in America!!!!

[@redtree2242]

The west would buy cheap gold from Africa and then make a report on human rights violations by the gold miners

[@sarkaranish]

china buys the most of this gold

[@upendo.3570]

Keep quiet Chinese illegally mines gold in Africa

[@ValyrianCode]

​@@sarkaranishoh yes.. let's blame China who joined the game less than a decade ago and ignore the western countries that's been looting gold and other natural resources since time immemorial.

[@mamotalemankoe3775]

​@@upendo.3570Dude just said most it goes from uae then Switzerland then USA. Also check recently two American and Canadian gold miner ceos were arrested and had their assets seized due to their illegal tax evasion in Mali and Burkina Faso.

[@beebee_0136]

​@@sarkaranishThat's only in modern times. Prior to now, the West was the main culprit.

[@lazy-rich]

When choosing between hunger, poverty and ethics, ethics always loose 😑

[@bobbysuazjFhvcfgh]

It’s not illegal mining, it’s their gold. Illegal minors are foreign companies who steal resources through sweetheart contract awarded by corrupt politicians installed by those foreign companies 😡😡

[@Atheist603]

When it comes to survival, there's. No room for morality.

[@wrsmith711]

there is nothing ethical about digging in the mud...never has been,

[@MANADOSTREET]

If you hungry you cannot Dig a hole

[@LorenaHernandez-n3h]

I feel one Of the greatest challenges that we first timers face in the financial market is that we end up losing all we have,making it difficult to find ourselves back to our feet. My biggest advice is to always seek the services of a professional just like I did when I ventured into it for the first time. I now make huge profits by weekly through her services while still learning to stand on my own. Big thanks to Celebrity Hilda Leticia Novoa

[@rogertayloRRR]

Smh lol this isn't why gold is "booming" The boom is causing the smuggling

[@l.h.tnguyen4916]

Why is mining illegal for the people who live there but not for foreign companies moving in?

[@OrientalStories]

It's africa, they get nothing.......

[@n.e.g.u.s]

Their attempts to extract gold present a clear ecological hazard by providing poisonous elements within rivers that could be used for drinking or bathing. Notice attempt is the key word meaning sometimes no gold is there so now people drink water with mercury in it without anyone at least financial benefitting.

[@RK-cj4oc]

Because the companies paid the goverment for the right to survey and once they took the risk and founs gold they paid again for the right to mine it.

[@l.h.tnguyen4916]

@@RK-cj4oc The gold belongs to the people, not the government.

[@RK-cj4oc]

@l.h.tnguyen4916 If your goverment does not represent the people that is not the fault of that company.

[@tatianastarcic]

I'm all in on gold 100%. I have no other investments except my house. Right now, im doing good. Got my money out of the banks many years ago. I'm so happy I have almost nothing to do with anything fiat or pays in fiat including Ira's 401k's stocks, bonds, treasuries etc. I saw this coming. Gold and a lead is all I need

[@winifred-k9e]

gold to me is an inflation hedge for long term, but not quite profitable in the short run. luckily some find solutions in financial advisors

[@ThomasLuke-u3v]

The issue is people have the "I will do it myself mentality" but not equipped for a crash, hence get burnt. Ideally, advisors are reps for investing, and at first-hand encounter, my portfolio has yielded over 300% since covid-outbreak to date, summing up nearly $1m.

[@JacobsErick-u8r]

Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.

[@ThomasLuke-u3v]

I have worked with a few financial advisors before now but i ultimately settled for Melissa Terri Swayne. She is SEC regulated and licensed in US. You can easily look her up

[@LUCIASMITH-d1z]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@CohnmanTheBudbarian]

But but they keep telling us gold is an old relic and not worth having.....

[@suggadeg]

If gold didn’t matter, they wouldn’t make videos like this trying to make you feel bad for owning it

[@gmgssilverplate]

​@suggadeg right, like your going to make Africans not mine gold, maybe the responsibility lies with the corrupt African government, shocking to suggest that.

[@mcld4214]

Who said that lol

[@billspencer8540]

I was told by Ben Bernanke that Gold is not money but just this old and obscure banking tradition. Them bankrupt banks would rather have you hold crypto vapor ware than anything of lasting value.

[@SmithsnMoz]

CNBC pushes BITCOIN on America.... But it's all fantasy money unlike GOLD 😅

[@rodcodes]

In South Africa, there has been a recent disaster where 78 zama zama's (illegal miners) unfortunately lost their life. It's a massive problem, cause it's organised crime with significant resources and weaponry.

[@RaysNewLife]

South Africa has propped up its economy by shaking down zimbabwe exports. It's hard to see the difference between the criminals and the government

[@leebutz4727]

🙏🏿

[@SuperKillerdog]

This is rampant all over Africa! Terrible $36 billion is a crazy amount to lose every year.

[@johnl.7754]

But with the large amount of corruption happening with African governments not sure that illegal mining would be worse locally (except maybe environmentally)

[@prolific1518]

​@@johnl.7754 don't try to talk about govt corruption while your people are always corrupt around the world. The pink people will pay to keep corruption in power.

[@RaysNewLife]

Try doing business in Africa and you'll immediately understand why all their people smuggle

[@temiladealamudun5063]

FACTS 💯💯

[@mattatuckmanful]

Lose 36 billion? How did that 36 billion entering the African economy get “lost”?

[@stuartAF888]

The riverbed is clay, so it’s not possible that the river in question was clear before the illegal mining started. It’s bad journalism to make an outlandish statement without verifying first. Did you look for pre-mining photos of the river? Of course not. You need to go back to journalism school!

[@MrOREO86]

I live in the country in question;Ghana and i can tell you all these river bodies were not only clear, but very clean until the canker began.. I could show you the before pictures if you so desire...this is in no way justifying what is going on.. It is a huge menace we fighting here.. Unfortunately elements in the government are complicit, making it extremely difficult

[@G3rmanhenry]

You should maybe do some research before calling out someone lazy. Almost all riverbeds are made out of clay/silt but they settle last since they are the finest. If you dig up dirt to look for gold deposits and have to wash the clay/minerals off with the local water source the water becomes murky again and needs time until it settles at the bottom of the riverbed. Just google Tano River, they probably couldn’t get any of their own footage because it hasn’t been clear in forever

[@juanshaftpatel7488]

@@MrOREO86so fix it

[@amosbatto3051]

@@juanshaftpatel7488 , You have no clue about how hard it is to "fix it". I live in Bolivia which is facing a similar problem with illegal gold mining. Bolivia has had a dollar crisis for the last year because it doesn't have enough exports, so it can't import enough gasoline and diesel to keep the automobiles running. Illegal gold mining is allowed by the Bolivian government because it brings dollars into the country, which are needed to import fuel. If Bolivia shuts down its illegal gold mines, people can't buy gasoline and diesel, and that means that meat and vegetables can't be transported into the cities, so people go hungry. On top of that, the gold miners can pay the authorities to look the other way, which is exactly what is happening. They are digging up the beds of Amazonian rivers and poisoning the water and fish. The Chinese are bringing in machinery to accelerate the illegal mining, but nobody can stop them, because the miners have so much money to bribe officials and the police.

[@ShiningTimePreciousMetals]

what a load of BS, this is not what is Fueling the Gold Boom, At All.

[@kwakuali2893]

Educate us and tell us.

[@mattatuckmanful]

Its cnbc what do u expect lol.

[@mattatuckmanful]

@@kwakuali2893educate yourself! Its not anyone else’s job to make u understand whats going on

[@TC2020-w8u]

​central banks buying gold by the thousands of tons. U.s. consumers don't buy hardly any in comparison. The real reason for this is currency debasement.

[@MegaBoolaBoola]

@@kwakuali2893 Central banks have been the largest buyers of gold recently. This enables a settlement and reserve system free from foreign control. Individuals also buy gold, to protect themselves from currency debasement and other government policies.

[@anderson2718]

I hate how they just say "Africa" africa is a massive continent be specific

[@yafim89]

Agreed! However, Americans barely know where Africa is, do you really think they'd know or care which country specifically CNBC is talking about?

[@holycrapchris]

Ghana is pretty specific. That was the focus of this report.

[@sulaak]

@@holycrapchris The program said Africa is losing $36 billion list the African countries

[@jeffhays1968]

@@sulaak Just say Sub Saharan Africa and you pretty much have it. It's all the same actually, run by criminals.

[@lucianamunhoz9818]

Same here, América is a continent, not just USA!

[@princesshemen9414]

Illegally smuggled gold and lithium is also a rampant problem in Northern Nigeria. People talk about the 'electric revolution' when most of the minerals needed for those things are being scraped away from Africa at little cost in money and a large cost in lives.

[@JodyMorar]

aistockadvisor AI fixes this. egally smuggled gold fuels boom.

[@tonyprice2256]

What ever happened to all the gold that the US military stole from Iraq, Libya, etc?

[@Jerry-b7f]

The world NEEDS the gold, but people need to be treated good and paid well when mining it

[@frederickbruton]

With the Fed cutting interest rates by 25bps, what do you think will happen to the stock market? My portfolio has performed exceptionally well this year, but I am concerned about the possibility of a market crash and losing my gains though but, it's all on a brighter and splurging side for Gold, should I look that way?

[@AllenHaggins]

Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated over $800,000

[@frederickbruton]

Can you pls provide instructions on how to contact your advisor? I think I'm in need of one to help me scale through

[@AllenHaggins]

Yes i will and his name is Gabriel Alberto William, he is not just a broker, he is a financial adviser that give advice on any financial matters and you can make a research with his full name

[@frederickbruton]

Thank you for this tip, it was easy to find your coach by just googling his full name and his credentials shows up immediately. Based on his résumé, he appears to possess a high level of proficiency, and I am grateful for the opportunity to work with such an elite

[@michaelblades8271]

you missed the point of the whole video. Is the only thing you care about the $$ in your investments? God is returning to balance the accounts friend and desires a relationship with you. The love of money is the root of evil. Repent and true to God before it is too late.

[@sutats]

Solid gold, nothing beats it.

[@DumbledoreMcCracken]

Non productive asset

[@devinward461]

​​@@DumbledoreMcCrackenagreed, it's good for countries that don't want to be tied to any specific country's bonds and to the currency that country's bonds will pay out, but if you want to maximize your expected value as an individual over your career, index funds are the way to go

[@ShelitaCrosby]

Platinum

[@DumbledoreMcCracken]

@@devinward461 I think that argument would hold if gold was free to extract from the ground, it was thought of to have value, and could be exchanged to other countries which lacked a plentiful supply. Because gold cost money to extract, the sunk cost of gold creates a net zero value exchange. Meaning, paying money to get money (gold) so that you can exchange money for goods, seems unnecessarily costly when the goods themselves have value.

[@therealityarchive2380]

Gold is the best money, not the best investment.

[@Tsuchimursu]

Gold isn't gaining value, the dollar is losing value.... You're benchmarking your concept of value on an unstable thing.

[@jb-vz4wb]

There is a premium on top of the intrinsic value of gold, the value exceeds its actual value because not many investments are like gold

[@adamburns2452]

Oh really 🤣🤣

[@Tsuchimursu]

@ true. Though most of the price increase hasn't really changed its purchasing power - if you had bought some ten years ago and compared what you could have bought for the price of it to what you can get if you sell it now, the amount of real stuff like food is roughly the same.

[@tedosmond413]

@@jb-vz4wb what is the intrinsic value of gold?

[@hannahguin5428]

@@tedosmond413 The intrinsic value of gold could be things such as it's applications in industry, and to some extent jewelry. Clearly the market value of gold is far more than that.

[@GordonKhan-e7k]

Come together my African brothers and sisters.. do the best for Africa.. God bless AES ❤❤❤

[@Eat-Z-Bugs]

So I'm hearing "unethical" and "illegal" = "We don't control". Am I close?

[@TheBastyPastyShow]

True 👍 I find it interesting they are trying to make Gold look bad.

[@rickt.1870]

You nailed it. They're trying to discourage the plebes from buying gold by making them feel guilty about the source of the gold. This tells me that our masters are beginning to worry about the price of gold, and individuals investing in it.

[@nocapnobs7845]

Africa is a CONTINENT!

[@JmJmmmmm]

Man, my mind just switches off when they use the Africa label on a single country. It's like saying 9/11 happened in Canada, North America

[@The-Dirty-Straw]

Thanks for the redundant school lesson

[@talion7268]

​@@The-Dirty-Straw the Point is they're referring Africa as some sort of one big country when there's 54 countries! They barely ever say the name of the country in question in most of the western reports

[@thewingedringer]

@@talion7268 They said it's Ghana, don't cry about it

[@talion7268]

@@thewingedringer they barely said it was ghana cause for the most part they kept referring to it as Africa and that's the case for the vast majority of report on any country in Africa

[@JJj-sb5pz]

Why can't Ghana make Ghana its own gold capital like Dubai? I've always wondered.

[@chargedx5768]

puppet govenrments, IMF reforms directly controlling our economy and tax rates....lots of external factors

[@peterschmidt1453]

Using mercury to concentrate gold is just criminal if you don't have the means to recover it

[@azwelke2638]

This shows you that water is worth more than gold. Silver and water.

[@chargedx5768]

if that was the case westerners would not come to africa for gold they would come for water

[@azwelke2638]

If you're dying of thirst in the desert, and you have an ounce of gold, if the person that has the water is also dying of thirst, your gold will not buy a glass of water.

[@chargedx5768]

@ well I am not dying of thirst in the desert, lmfao...I am dying of debt...Gold is MUCH MUCH more important than water

[@cryptosinternational1785]

10000%

[@azwelke2638]

The dollars are a debt note backed by fear. There is no way out.

[@mandandi]

It still boggles my mind how much mineral wealth Africa still has. It has been exploited for centuries, yet there is more in the ground across the continent.

[@vahjayjayaddict]

I knew a gold smuggler from the 80's in Honduras & Guatemala. He owned his aircraft, & a house on a communal landing strip in Texas. It was all so perfect, I thought there is no way this guy is just a gold smuggler. He has to be working for CIA or NSA. He told me he put the gold inside the wings because it is nonferrous metal. Customs never looked there, but they would need an XRay or disassembly to find the gold. I asked him why he just doesn't sell it in Central America instead of smuggling it in. He was mining it illegally out of creeks & didn't want anyone to know how he got it.

[@TC2020-w8u]

That is awesom

[@JoeStacks419]

I'm world traveled and lived in Ghana for 8 months. They're among the top friendliest kind people on earth. Only a few other places compare.

[@Sumodf]

Bank of England must of made an insane profit from the gold they decided not give back Venezuela. Several tonnes. Wish i was a banker

[@omarwilliams1145]

Why did they NOT give it back, according to you?

[@thadhargrove1994]

Legal and so called illegal gold mining , pollutes the rivers.the water is always more valuable.meze moyo water of life.

[@ednorton47]

What about unethical printing, did they look into that?

[@therealityarchive2380]

This is the cover story for that

[@joshs3916]

Thanks for keeping the light on this important issue.

[@therealityarchive2380]

Don't blame gold. Blame the AHJ (authority having jurisdiction)

[@MaximusWashington]

Africans keep your gold and don’t sell it - keep it - make it growth - build wealth

[@XxXenosxX]

Too corrupt

[@StacksSats]

Bitcoin is better

[@chiquita683]

If Africa tried they would be colonized again. Its cheaper to pillage than colonize but the world will do what it needs to take their resources

[@user-nifinei34jd9]

Name one African country that is successful. I think there are reasons for that

[@prolific1518]

​@@user-nifinei34jd9 because you pinks still steal the natural resources.

[@steve-wu7jp]

China stealing gold from Africa is crazy

[@chiquita683]

They arent chosen

[@MyLifeMyMoneyMedia]

China is the new Anglo man which is very dangerous

[@myspace1876]

I don't see even a single chinese with a showel in the mine.

[@magic-eric7328]

The CCP is colonizing Africa. They could be working with the European far right who's ancestors where the European colonizers of Africa

[@Voltsii-]

Many African countries owe debt to China, and often, they exploit their people. Most of the time, this issue is overlooked. I hope this explanation helps.

[@davidanalyst671]

Let me assure you. Ghana is the least places that anyone has to worry about. They traveled here because it is allegedly one of the most friendly to Europeans other than South Africa. People resort to Gold mining because the government of ghana created inflation and made everyone poor. this is good that the country is resilient, but they would be safer and use less mercury if the government wasnt so terrible. The USA government cozied up with bankers and now nobody can buy a house in the USA governments are the problem

[@ERICLnj]

I'm a silver guy. I love it, Looks so gorgeous and it is just soo much more affordable. I wish I got into gold long ago but premiums on smaller fractions is just too high

[@rkirby7183]

This headline is completely backwards. While the higher gold price may incentivize bad miners, additional gold supply from ANYWHERE helps to hold the price down. So this mining is NOT "Fueling the US Gold Boom". Is CNBC really this ignorant?

[@heyRex]

They write bogus headlines to manipulate AI algorithms into a specific narrative. CNBC is fake news.

[@world-uk2vj]

They are

[@happyfunnyfoo]

Most of the world's gold is mined in China, Australia, and Russia. Most African gold is produced in well-run professional mining operations. Now run a special on how crypto is creating as many CO2 emissions as the state of Colorado from its energy use....

[@johnl.7754]

But with the large amount of corruption happening with African governments not sure that illegal mining would be worse locally (except maybe environmentally)

[@toliu4u]

Thank you and you are always a trustworthy source.

[@S_C_]

That thumbnail…that’s their land. So who’s really smuggling the gold?

[@prolific1518]

The pinks

[@mcld4214]

The illegal aliens in the land

[@agneskayange2804]

Our resources make other countries so rich!!! Africa's leaders where is your mind!?? Leaders are unhelpful! May God of our Lord Jesus Christ intervene in this regard

[@chargedx5768]

they are puppets...blame their masters the real culprits

[@MrTannerreed]

I could care less where gold is from. Just give me the best deal. 😉

[@DheaMediana]

I feel sorry for Ghana 💔

[@superfluous5162]

I don't .

[@BFVsnypEz]

The only reason it's an issue is because the big companies want that gold themselves, and government are losing money because they can't tax it.

[@love_life_forever1]

The reporting in this video only tries to make it seem, is not bad as it seems. It tries to shield the real players involved as if they’re naive to what is happening and how the gold is being mined. Power to the people in Africa though.

[@6point5by55]

So...that Nigerian prince who emailed me about helping him to get a ton of gold out of the country by sending him $500 by Western Union wasn't trying to scam me??? 🤣🤣🤣

[@somap8380]

Gold worth - $10 billion : Environmental damage - Priceless & irreparable; health damage - permanent.

[@vlastimirvukovic]

Gold and diamond are produced, unethical way, at cheaper price. Me: That is terrible! Where?

[@TuffEnuffIII]

Gold is real money. Bitcorn is a scam

[@mattatuckmanful]

Worlds gonna learn…

[@chriskeller5516]

Real money is what ever is acceptable between at least two parties.

[@TuffEnuffIII]

@chriskeller5516 Nah... It's actually Gold and Silver.

[@BRIANVANDUYN]

Government manipulation of gold is crazy

[@TuffEnuffIII]

@BRIANVANDUYN I agree

[@Patrick-yh5yd]

The Chinese want Africa gold.

[@miamibitch305fl]

Here comes the victim training getting ready for the next 100 years.

[@niyijayei5395]

Off course they do. They want the whole continent if they could have it. that is why they are drowning the continent in loans for which the loan terms are not to be publicly disclosed.

[@kengaroo5170]

That's the international bankers job. Taking resources and putting liens on countries and trading currency for assets.

[@chargedx5768]

@@niyijayei5395 you mean the USA and the IMF

[@craigenputtock]

The rise in gold prices directly correlates to the decline of the value of the dollar. Every time you see the value of gold go up, it means that the value of your dollar has gone down.

[@oteyokwa2544]

it's their resources

[@milesprice2639]

Nice. When display molds get to my State? Braclets look right

[@ecoideazventures6417]

Could regulating the mercury market help in controlling the illegal gold miners?

[@TC2020-w8u]

Oh wow. Regulating mercury. Listen to yourself. Leftist.

[@hannahguin5428]

Regulating illegal miners is as simple as looking at google maps and having police raids. It's a government problem more than a technical problem of policing.

[@jusdsun8319]

It's their land, let them do what they want with it. Let their communities and countries thrive!

[@gxguy2906]

Who cares where gold is properly sourced??? Gold is god.

[@randomgrinn]

If you don't mind abusing children and the Earth God gave us, if you are completely evil, then yes, there is no reason an evil person would care.

[@mostknownunknown-dq3bb]

Gold is good glory to god

[@pouglwaw5932]

@@mostknownunknown-dq3bb Truth ! Gold is God's money.

[@EvertonHylton-iq9tc]

Africans must be blame for the smuggling.

[@chargedx5768]

africans dont smuggle the gold...ask yourself where it is smuggles to..thats the real culprit

[@kame1624]

Africa is not the only continent that mines gold. But it’s the only continent where gold mining is more harmful than gainful. It’s a mismanagement problem, like usual in Africa.

[@chargedx5768]

ah yes blame the guy that is being controlled by the IMF...not the euros that control the IMF..typical yt man and shifting blame

[@UkpeneBlessing-v9y]

Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️

[@parkereric6397]

I'm 37 and have been looking for ways to be successful, please how??

[@UkpeneBlessing-v9y]

Sure, the investment-advisor that guides me is..

[@UkpeneBlessing-v9y]

Elizabeth stark

[@kathyfrederick7172]

Same, I met Elizabeth stark last year for the first time at a conference in Wilshire, after then my Life has changed for good.God bless Elizabeth stark

[@larryhenry2070]

Her services is the best, I got a brand new Lambo last week and paid off my mortgage loan thanks to her wonderful services!

[@irenmolnar221]

Is true pollute too much!!!!

[@zookiable]

@CNBC Don't think I didn't notice you guys only captioning the 2 Ghanains who contributed to this story, but not to the European. The European was honestly harder to understand. If you're gonna caption, caption across the board for all of your non native English speaking contributors.

[@terrellnewman1991]

Karen Bass is Black 🤷🏽‍♂️

[@anonym-c1v]

who's buying the illegally smuggled gold? you can bet it's europeans

[@Varatheraj]

i recently asked a regular working young man where he would rather be in the world. and he said USA without delay. so i had to look at him to see if he was going to tell me why. he didnt say anything just gave me smile and a wink which obviously said much more than words could. and this story gives credence to his thoughts dont it

[@shutinalley]

Prior to the 2008 collapse gold was 400 bucks and once. It's a measurement of the devaluation of fiat currency.

[@progamerdude712]

JUNCTION Business District, South St Elizabeth now the fastest growing town in Jamaica. Serving both tourist and locals alike, welcoming all business investors and shoppers to our new ECO MEGA blocks. Black River, Alligator Pond, Treasure Beach, Appleton Estate, Santa Cruz, Holland Bamboo, Lovers Leap etc.

[@DenishaSolomon-j2l]

I was skeptical at first, but the ADX tokenomics make so much sense. Adaxum token could be a game-changer for long-term investors.

[@KavitaKavita-zr8bx]

If you’re still scrolling, wondering why manifestation isn’t working, maybe it’s time to face the truth: all the tips you’ve been following are surface-level fluff. I thought I had it figured out until I found Vibrations of Manifestation by Alex Lane. Chapter 3 ripped apart everything I thought I knew-it doesn’t sugarcoat the reality of how your energy blocks your goals.

[@DiscoveryGlobeLifeDocumentaryY]

The video sheds light on a hidden yet critical issue in the global gold trade. It’s fascinating-and alarming-to see how illegal gold smuggling operates within a seemingly regulated industry. This raises significant questions about the role of global supply chains and the accountability of corporations profiting from gold’s boom. How can governments and companies collaborate to ensure transparency without negatively impacting small-scale miners who rely on this trade for survival?

[@TC2020-w8u]

They can't. It is a non issue Move on.

[@gkbhai8962]

The illegally smuggled gold is not fueling the boom. If this gold was not mined or available, gold price would have gone up much higher because supply would be lower.

[@kenofken9458]

This is a perfect example of how natural resource wealth is actually a trap for countries that depend on it.

[@Drozzix]

Where can the working class get their hands on this potentially lower priced or below spot gold?? Asking for a blue collar friend.... he he he 😂

[@pouglwaw5932]

Buying gold even at the spot-price, Gold is still cheap. You'll be thankful later.

[@genrichyagoda715]

@@pouglwaw5932not good time to buy gold is at 87,000 usd now few months ago it was at 40,000

[@dennisniemier3024]

🎉 BUY THE DIPS 🎉💕😺😺

[@RTmadnesstoo]

Nobody knows how much gold is in the vaults of Switzerland.

[@wadedavies3924]

Japan is also enforcing a ban on it's citizens and seizing it at the airports. I see a contradiction between financial advisors telling the public that gold has lost it's utility in the face of a massive scramble to acquire a stash from Central banks all the way down to the man on the street.

[@keithstubblefield9089]

I don't care where the gold comes from. I think you should leave these people alone.

[@fer1847]

CNBC capitalizes every word. That's ridiculous.

[@chuxtuff]

IF I wanted to come across as a gold hater that's what I'd say and do. All while I kept stacking. Because "Gold is money and everything else is credit", said J. P. Morgan in 1912

[@alastairjhunter3666]

Uganda has the biggest gold reserves are the largest in the world and it’s hardly been touched. . .

[@jondoe406]

Ghanaian politicians make a lot of money allowing foreigners to smuggle gold out of Ghana.

[@GoBayside]

How would an increase in supply raise prices CNBC? Please explain.

[@Baystateboy125]

The word “Artisanal” used for small independent gold mining is no different than lipstick on a pig.

[@4eyefoxbodyfanclub625]

OMG😩 those poor people in Africa! Bitcoin fixes this, quick somebody give them the bitcoins!

[@SSKMoses]

Really? Ghana, South Africa are the largest gold producers in Africa? What about Guinea, Sierra Leone, Mali and Burkina Faso. It is all debatable. Please do some research rather than assumption. God 🙏 almighty Allah bless us all ❤but 😂🎉

[@chargedx5768]

Ghana is the lead producer followed by south africa

[@jeremy-b]

Basic micro and macro teaches that an increase of supply, all other things remaining equal, leads to a decrease in the price of a good or service. That's not what we're seeing with the price of gold. This is poor journalism, not that I expect much else from legacy media.

[@cristopherdale]

Customer asked the jeweler. He is this ethically sourced jeweller says oh yes absolutely, as if it’s that easy.

[@andreasgotte691]

Only Gold is Money, all other is credit

[@MILESThacker]

I´m bullish on Adaxum and their ADX token, presale at its finest, don´t miss

[@NORBERTMagdaleno]

The key move is to get in early, with Adaxum token you can do that

[@TRyan3]

Settling ponds would solve the issue, a little more effort/fuel. The USA does not tax gold production to create jobs etc. Mining brings foreign cash into communities, just ask them to do it right.

[@shelbynamels7948]

in other words, you can buy gold a lot cheaper if you go to Ghana and buy directly from the producer. Good to know.

[@johnhumphrey515]

A 2% supply increase doubles the gold supply every 36 years. There is a better saving tech out there.

[@pureum1720]

Why I just invest in #NEM and #GOLD...

[@Friday_Trouble]

Nana Addo do all, herh!!!!😂😅😅

[@BrianJones761-wc4hu]

I know Ghana well and galamsey is a serious issue but without it the local people will never see a penny of the wealth of the country. The government politicians and chiefs will never do anything serious to stop it because they are 100% involved and own the operations. Legalising galamsey, licensing each operation and taking small tax revenue is the only way it could be controlled, but that's not going to happen.