The War Gold That Funded Secret Operations | Izabella Kaminska & John Butler

In this final Future of Gold roundtable from Cape Town, Alexej Jordanov hosts Izabella Kaminska and John Butler on for a discussion that goes deep into some of the most debated and controversial questions in the gold market. The panel explores what Basel III really means for gold, why so many investors misunderstand its role as collateral, and whether gold is truly being elevated inside the financial system or still treated unfairly next to government bonds. From there, the conversation moves into central bank balance sheets, unrealized gains on official gold reserves, and the political implications of revaluing gold in a world of rising debt and failing collateral. The session also ventures into the more speculative side of monetary history, covering wartime gold movements, hidden reserves, old sovereign bond claims, Fort Knox rumors, and the idea that gold has long played a role behind the scenes in geopolitics, regime change, and covert finance. The roundtable closes with a broader discussion on paper gold, physical settlement, market manipulation, and why gold continues to matter at the highest levels of finance and state power. It is a wide-ranging conversation on gold, trust, power, and the myths that continue to shape the modern monetary system. 📲 Download the GoldRepublic app: - Google Play: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://play.google.com/store/apps/details?id=com.goldrepublic⁠⁠⁠⁠⁠⁠⁠⁠⁠ - Apple Store: ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://apps.apple.com/nl/app/goldrepublic/id475643876⁠⁠⁠⁠⁠⁠⁠⁠⁠ 🟠 Buy and store physical allocated gold, silver and platinum. 👉 Open an account: ⁠https://bit.ly/38stf7p ⁠ ⚠️ DISCLAIMER ⚠️ The views and opinions expressed in this program are those of the speakers and do not necessarily reflect the views or positions of any entities they represent. The information provided in this video statement is not an offer, investment advice, or financial service. It is also not intended to encourage you to buy or sell a product or to purchase a service from GoldRepublic, nor as a basis for an investment decision. A decision to invest in a GoldRepublic product can and may only be based on the information contained in a final prospectus and any Key Investor Information and other information about the product concerned (such as annual or semi-annual results). This information is available on the website (www.goldrepublic.com). If necessary, call in an advisor.