Goldnomics
Goldnomics Podcast Ep3 –Is The Gold Price Going To $10,000?
In this the third episode of the Goldnomics podcast we ask the question; “Is the gold price going to $10,000”.
GoldCore CEO Stephen Flood and GoldCore's Research Director and world renowned precious metals commentator Mark O'Byrne in discussion with Dave Russell.
We discuss what will drive gold to new record highs over the coming months and years. We look at the dangerous developments in monetary policy and the geo-political tensions that make an allocation to gold a prudent move for your portfolio.
As the “Everything Bubble” continues fuelled by the mainstream media and the effects of quantitative easing does this mean higher gold prices are on the horizon?
Cutting through the financial markets jargon and looking at the risks to your investment portfolio that aren't spoken about in the mainstream media.
Listen to the full episode or skip directly to one of the following discussion points:
1:07 Is the gold price going to $10,000 and when?
3:58 The 5 major driving factors that will be the key to driving gold prices higher.
4:39 What impact and influence will monetary policy play?
5:50 Why the debt to GDP ratio is crippling economies.
6:22 The dangerous trend that began with LTCM being bailed out by Wall Street.
6:55 Why you are now the lender of last resort for the banking system!
7:18 The little known fact that we are now in an era of bail-ins rather than bail-outs and what this means for your savings.
6:28 How bail-ins will impact small businesses and everyone that they employ.
10:05 Why “money in the bank”, is no longer “as safe as houses”!
10:39 How the old wisdom of “Cash is King”, can quickly become; “Cash is Trash”!
12:08 How governments have snuck in the highly controversial bail-in laws under the radar.
14:01 Why SMEs need to start to manage their exposure to banks just like large corporations.
14:58 Why high-net-worth individuals and those that manage family money need to manage their exposure to the banking system, just like large corporations.
15:05 Why higher interest rates are good for gold!
16:25 The interest rate environment that is not good for gold.
18: 18 The ongoing effect of quantitative easing and how it’s artificially inflating all asset prices.
19:50 Why gold is no longer being pushed higher by quantitative easing.
20:30 The compelling research from PWC that proves the wisdom of gold’s inclusion in your portfolio.
22:29 Inflation, deflation and stagflation, where we are now and what it means for the gold price.
24:44 The inflationary and deflationary elastic band pressures in the economy.
26:58 Geopolitical tensions are rising and sabre-rattling is getting louder. Life in the Trump era and the breaking down of old alliances.
31:10 How to deflect attention – The Goebbels strategy!
33:45 The fault with the media and how they have let us down.
34:37 James Steele of HSBC and the performance of gold during times of uncertainty and war.
35:58 A new multipolar world emerging.
37:13 Why the basic fundamentals of supply and demand are very strong for gold.
37:35 Elon Musk mining gold on mars!
39:18 Have the Germans copped on to this risk to the Euro that other countries are blindly ignoring.
40:35 What underlies jewellery demand in Asia and the Middle East. It’s not what you think.
42:05 The increase in demand for segregated allocated gold and viewing gold as money.
43:58 The continuing Central Bank demand for gold, is it set to increase further.
44:50 These governments are encouraging their citizens to buy gold now!
46:35 Why we shouldn’t believe what these people say but instead watch what they do.
47:10 The breaking down of trust between nations can be seen by this one move.
47:30 What will happen to keep the gold price from appreciating anytime soon.
51:30 All gold is not equal.
People mentioned in this episode:
James Steel – HSBC Precious Metals Analyst
Jim Rickards - https://jimrickards.blogspot.com/
Make sure you don't miss a single episode......
Subscribe to the Goldnomics Podcasts on iTunes, Soundcloud, or YouTube:
https://soundcloud.com/stephen-flood-381451255
YouTube.com/user/GoldCoreLimited
Follow us on social media:
GoldCore on Twitter: https://twitter.com/goldcore
GoldCore on Facebook: https://www.facebook.com/GoldCore/
GoldCore on Linkedin: https://ie.linkedin.com/company/goldcore
Visit our website at: https://www.goldcore.com