did some digging, came to a conclusion; trust.

After the confiscation of assets, particularly $300 billion worth from Russian citizens, markets have lost trust in the US dollar and the Western investment case. 

This confiscation, when measured historically, has been the biggest confiscation of assets in history in a single order. 
Large purchases of gold signals fragility of markets, priced in, but very uncertain. The East in particular seems to be moving away from the dollar and Western investments because just two years ago, if you were an entreprenuer or businessman or even a well off individual in a yacht in the wrong port, your property or business could be seized.

For example, Roman Abrambovic was forced to sell Chelsea football club. In fact they impounded most of his assets, force sold the club and pocketed it all. 

Chelsea, at one stage, was the richest club in the league. Buying Torres was a huge deal and big for English football. 

Why should any foreigner invest their capital or assets in the UK, you could be from any country and they would seize your assets. 

Another example is Venezuelan gold, that was in stowage in London. After several discoveries of oil and 'political issues', the UK refuses to return the assets of Venezuela. They obviously want drilling rights in exchange for the gold. 

Now, why would any country trust people who operate like this?

This is what the gold price signals; a lost of trust in Western investment. 

nostr:nevent1qvzqqqqqqypzpn0vcvwxm9qxaxnadvqxwsf25esan5cusq6u8lt9cp3sr5w2cwujqy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qghwaehxw309aex2mrp0yhxummnw3ezucnpdejz7qpq4ryej8wdr8a06vurxt5ev8vxujmnlvf3mjn3kf96sswtve6cpdhszlz3jn 

 Veron 

 what do you mean?