Cam you're an amazing man, articulate and insightful we so appreciate you taking the time to speak with Jay. I've listened to your two interviews repeatedly. Thank you so much for sharing your expertise
from mines located in their own nations. that is why switzerland, norway, netherlands, belgium, france, spain, austria, japan do not buy any gold for a loooong looong time. there are only small exceptions like Singapore, Poland, Hungary who buy a liiiiiitle gold not having any mines.
2012 gold etfs isn't legitimate comparison. Mines deplete, has production been replaced. Have costs gone up? Gold ETFs when gold was over 2022 are legitimate.
Is it possible that only paper gold in the control of third parties is being “ignored” because it isn’t trustworthy anymore? Buying physical is a hassle and takes more time to do (causing more stable pricing), so maybe there’s a lag as customers learn the ropes and dip their toes in. Senior investors may seek physical this time but youngsters are waiting to join a parade and don’t see one yet.
When a real investor finds an asset that is gaining 10 percent a year basically has no counter party no risk has a track record of 6000 years they don’t talk about it to anyone just be glad you discovered it and quit yapping off to everybody and their dog about it. Or are you just possibly trying to make your living from said asset 😮
Before God gave the Ten Commandments to Moses, he first directed him to create the Ark of the Covenant. Which was directed to be made with acacia wood and gold, nothing else. That's good enough for me as far as which metal was the most valuable.
The USD just get manipulated to hold its value, with 32 Billion in debt it should be in the toilet. But that manipulation is going to get harder over time. Which will be good for gold.
It is obvious to the most casual observer, some form of manipulation is holding down the prices of both Gold and Silver. With the amount of debt, inflation, and demand for them, the prices should have, in a free market, have exploded. Neither are traded in an actual free market...that is a problem
I'm not so sure. If you look at the gold chart, it looks like it's in the beginning stages of going exponential. Like a lot of other charts that are denominated in dollars. It's an exponential curve that's spread out over a long time period, but as time goes on, exponential curves accelerate at high rates. This next decade could get pretty weird.
Narrative schmarative....Metals are suppressed and manipulated. Love how these guys come up with their own "narratives" to convince themselves that we have anything close to free markets.
This is a nothing interview. Stop the somber serious routine when nothing is being said. Gold is a relic, too expensive to trade physically. Crypto has taken over the precious metal game. We all know this 'gold is money' crap. Gold will not save the monetary system. We will simply destroy each other when the current fiat system folds.
Best to have both. Depending on risk appetite. They serve similar but different purposes. There are too many risks and unknowns in current environment so hedging with a bit of gold, property, and crypto is a good idea. Personally did security and getting out of suburbia is the most important
