Young Guns Of Gold Podcast – ‘The Everything Bubble’

October 11, 2017

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:

  1. Gold, Markets and Macro

  2. Gold’s Role in a Portfolio, 2017 and beyond

  3. Gold on the international stage

  4. 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.

  • The further development of the normalization of monetary policy in the US is the litmus test for the US economy and it is decisive for how the gold price will develop.

  • If the normalization of monetary policy does not succeed – which we expect so – gold will pick up momentum.

  • Based on the premise that the bull market in gold has resumed, we expect the gold-silver ratio to decline.

In order to listen to and watch the Young Guns of Gold podcast click here.

Allocation to gold contributes to outperformance. Source: Bloomberg

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Mark O'Byrne is executive and research director of www.GoldCore.com which he founded in 2003. GoldCore have become one of the leading gold brokers in the world and have over 4,000 clients in over 40 countries and with over $200 million in assets under management and storage.We offer mass affluent, HNW, UHNW and institutional investors including family offices, gold, silver, platinum and palladium bullion in London, Zurich, Singapore, Hong Kong, Dubai and Perth. 

Gold is using for heat dissipation in some cars.