GOLD 'Absolutely' Headed to All-Time Highs This Year - We're in a New Paradigm

Why It Matters

Gold’s evolving role as a fiscal hedge, backed by record central‑bank and ETF demand, reshapes portfolio strategies and positions stable jurisdictions like Botswana as prime grounds for junior mining growth.

Key Takeaways

• Central banks projected to buy over 700 tons of gold in 2026.
• ETF gold holdings surpassed 4,000 tons, fueling price momentum.
• Gold‑dollar correlation weakened; gold now acts as fiscal hedge.
• Iran‑Hormuz conflict drives inflation, could boost gold long‑term.
• Botswana offers stable, mining‑friendly environment for junior explorers.

Summary

The interview with Adam Burke, CEO of One Bullion, frames 2026 as a pivotal year for gold, with the metal already up more than 40% year‑over‑year and poised to breach previous all‑time highs. Central banks are expected to purchase over 700 tons of gold this year, while exchange‑traded fund holdings have topped 4,000 tons, creating a structural demand base that goes beyond traditional cyclical buying. Burke highlights three enduring catalysts: sustained central‑bank accumulation, record ETF inflows, and a broader "dollar‑ization" trend as investors shift reserves away from the U.S. dollar. He also notes a fundamental shift in the gold‑dollar relationship, with the 30‑day rolling correlation turning mildly positive, suggesting gold is increasingly viewed as a fiscal hedge rather than a pure inflation hedge. Specific examples underscore the new dynamics: the Iran‑Hormuz conflict has spurred an unprecedented energy shock, raising inflation expectations and keeping real yields elevated, which, paradoxically, can still support gold despite higher yields. Burke cites a sample from One Bullion’s Vumba project showing 679 g/t gold, illustrating the company’s data‑driven approach and the upside potential for junior explorers in Botswana’s stable, mining‑friendly jurisdiction. For investors, the convergence of institutional buying, weakened dollar correlation, and geopolitical risk points to a higher floor for gold prices and a renewed case for exposure to junior miners like One Bullion, which stand to benefit from both the macro environment and a jurisdiction that mitigates political risk.

Original Description

Adam Berk, CEO of One Bullion (TSXV: OBUL) believes the paradigm for the gold market has shifted to a world where a strong US dollar and rising bond yields aren't applying the same headwinds on the metal that they used to, as accelerating dedollarization is set to push the gold price to new all-time highs in 2026. Adam also unpacks how One Bullion fits into the picture, with their full ownership of prospecting licenses relating to three high-potential gold projects across Botswana, backed by data, scale, and a bold vision for discovery.

One Bullion Website: https://onebullion.com

Follow One Bullion on X: https://x.com/OneBullionLtd

Disclaimer: Commodity Culture was compensated by One Bullion for producing this interview. Jesse Day is not a shareholder of One Bullion. Nothing contained in this video is to be construed as investment advice, do your own due diligence.

00:00 Introduction

00:32 Tailwinds and Challenges Facing Gold

03:51 Gold Versus US Dollar

05:29 Iran War and Gold Price

08:27 Opportunity in Gold Miners?

10:53 Overview of One Bullion

13:17 Is Botswana a Safe Jurisdiction?

15:32 High Grade Gold Sampled at Vumba

19:02 One Bullion Cash Position

20:20 Upcoming Catalysts and Newsflow