BBC Interviews CEO Gregor Gregersen on Gold’s Record-Breaking Rise

In a live interview with BBC, Gregor Gregersen, founder of Silver Bullion and The Reserve, unpacked the forces behind gold’s record-setting highs and the renewed global interest in physical precious metals.

Gregor noted that while recent price movements have been driven by short-term catalysts such as potential U.S. government shutdowns and tariff uncertainty, the deeper momentum comes from long-term structural concerns. These include rising sovereign debt levels, intensifying geopolitical tensions, and domestic political divisions—all factors pushing investors and central banks toward assets that are independent, durable, and free of counterparty risk.

During the segment, Gregor brought a one-kilogram gold bar—valued at roughly US$300,000—to illustrate gold’s enduring role as a store of wealth. Institutions may come and go, he explained, but physical gold has preserved value for over 5,000 years and remains one of the few financial assets that can be owned outright without reliance on intermediaries.

He also highlighted the global flow of physical gold and silver, noting that price differences between markets often reflect shortages in specific locations. Earlier this year, U.S. futures markets saw a scramble for physical delivery as banks moved gold from London to avoid tariff exposure, driving U.S. prices higher. A similar dynamic is now unfolding in silver, with metal flowing back toward London amid tightening supply.

Looking ahead, Gregor believes the rally in gold and silver is far from over. He expects a prolonged period of stagflation, shaped by geopolitical friction, tariff regimes, supply-chain disruptions, and slowing global growth—conditions historically favorable for precious metals. Drawing parallels to the 1970s, he noted that addressing today’s systemic imbalances would require interest-rate moves far beyond what the U.S. could afford given its US$37 trillion national debt, making physical metals a compelling long-term refuge.

The BBC segment concluded with Gregor reaffirming that until global confidence—particularly in the U.S. dollar—is restored, demand for physical gold and silver is likely to remain strong.