Swiss Gold Tariff Clarified, Sparks Record Market Action - Mike Maloney & Alan Hibbard

Get up to $2000 FREE SILVER by choosing GoldSilver as your dealer. Details here: https://goldsilver.com/freesilver/?af... Dive into the explosive fallout of the U.S. decision to impose a staggering 39% import tariff on Swiss-refined gold bars and what it means for the global gold market. In this episode of The Gold Silver Show, Mike and Alan dissect:

How the CBP ruling on 1 kg and 100-oz bars upended expectations and sparked chaos in bullion flows

The immediate spike in COMEX futures to record highs above $3,500/oz, and why markets are scrambling

Why Switzerland, the world's bullion refining powerhouse, now faces an export crisis

The ripple effects across futures trading infrastructure, shadow banking, and global settlement platforms

Whether this shock will accelerate a move to London-based delivery, alternative supply chains, or domestic gold sources

Don’t miss this timely analysis — with global inflation fears, shifting monetary policy, and geopolitical volatility all primed to reshape the monetary landscape, gold has become a lightning rod.

Chapters:
00:00 – Introduction: Is this the spark for another global financial crisis?
00:46 – Tariff news & initial reactions
03:15 – Chart breakdown: the futures spike
06:16 – Switzerland’s refining role & import share history
13:44 – Global context & market dislocation
20:14 – The warning: Those without gold may be hurt most