Young Guns of Gold Podcast – ‘The Everything Bubble’
– Young Guns of Gold Podcast – ‘The Everything Bubble’
– Precious Metal Roundtable discuss gold in 2017 and outlook
– Gold +9.1% year to date; Performing well given Fed raising rates, lack of volatility and surge in stock markets
– “People are expecting too much from gold”
– Economy: Inflation indicators, recession on the horizon, global debt issues
– Global demand: ETF inflows, Russia central bank purchases, Germany investment figures and international coin demand bode well for gold
– “First monetary inflation, then asset inflation, next is price inflation …”
– Gold bull market resumed; silver should outperform gold
Indicators point to inflation, a recession is on the horizon and the ‘Everything Bubble’ is the great threat to financial stability – these are the conclusions of the Young Guns of Gold who hosted a Precious Metal Roundtable, this week.
Jan Skoyles from GoldCore and Jordan Eliseo of Australia’s ABC Bullion were hosted by Ronald Stoeferle of Incrementum in a reboot of their Young Guns of Gold podcast.
The Young Guns of Gold discussion was broken into three parts:
- Gold, Markets and Macro
- Gold’s Role in a Portfolio, 2017 and beyond
- Gold on the international stage
- Engagements and buying diamonds : )
Executive Summary
- High expectations of Trump’s reflationary growth policy dampened the gold price increase in 2016. However, Gold was still up 8.5% in 2016 and is up 10.6% since Jan. 2017
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