Best vids highly rated make gold, etf investment, gold exchange, and Can Buy Gold Bullion From Bank, Mark Valek guest on Silver Bullion TV.
In the wake of the recent In Gold We Trust report, Mark Valek appeared for an interview on Silver Bullion TV and discussed the main topics of the report and the economic situation in general.
We are indeed living in unprecedented times. The year 2020 is full of surprises and we are only about halfway through it. Even though the big thing was of course the Covid-19 virus, the prognosis for 2020 was not too good even without the virus. Still, as Mark Valek notes, it feels like the world is spinning faster and faster.
Why the bubble has not burst yet.
Although the virus hit the global economy hard, it remained relatively unscathed. For the first time we are seeing record highs in equities during a period of very reduced productivity. Only the incredibly large monetary and fiscal stimulus packages were able to re-inflate the bubble to its all-time highs in a very short time. The world’s central banks were much better and faster at countering deflationary pressures. The big question will be what happens if this changes.
The Artificial Boom
The 20th century saw the slow transformation to pure fiat money. First in 1913, then in 1933 and finally in 1971 to get rid of the last remnants. The problem, however, is that our current currencies do not have a firm foundation, but are based more on debt than on a solid foundation. If you look at the crisis of the 1930s, you may forget that already in the 1920s the money supply expanded dramatically. At the end of the cycle, the amount shrank again. Everyone is aware that this is not a good time. In order not to feel the pain of this step, Keynesians try to artificially re-inflate the bubble. Thus, instead of solving the problem of money and credit expansion, the patient is kept alive only with drugs until the next crisis appears.
The Internet and telecommunications as a whole, opened up completely new possibilities and could be a good basis for a new monetary system. Blockchain technology also allows more people to access gold more quickly. However, there is a certain risk here as well, because you cannot own the block chain like physical gold. A certain risk will therefore always be present. Instead of replacing gold completely, Mark Valek sees a complementary coexistence.
Discussed in this interview:
01:47 Living in unprecedented times
05:27 In Gold We Trust report: The Dawning of a Golden Decade
10:34 Why hasn’t the Everything Bubble popped given the Covid-19 crisis?
20:44 Central banks in a trap to perpetually print money
31:36 Real economy down, stock markets at record highs
33:57 Does gold have limitations that may need the help of money printing?
39:12 The advent of gold-backed tokens and the role they will play in the future
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Can Buy Gold Bullion From Bank, Mark Valek guest on Silver Bullion TV.
Gold Bullion Investment Tips
Unlike other physical commodities, gold can be kept to have its value maintained or increased over time. For this, online research and existing statistics can be available in useful. It appears that way on the surface anyways.
Mark Valek guest on Silver Bullion TV, Watch interesting replays related to Can Buy Gold Bullion From Bank.
In Tough Times, Buy Gold
The gold market is greatly reliant not just on the need and supply, however likewise on the expectations of financiers. This implies that you can easily trade this agreement. They frequently trade on the Canadian Venture exchange.
The US dollar is already very weak and it will most likely continue to fall. However, nations all over the world are refusing to believe that the dollar is falling. Since of this worldwide currency is losing its value which will trigger gold to rise significantly. Gold is bought and sold in US dollars. So whenever the value of the dollar goes down, the cost of gold goes up.
However, prior to going out and purchasing gold, or shares in gold mining business or in Gold ETF funds, it is important to understand the reasons to own gold. Gold is not an investment like purchasing shares of stock. It is a storer of value. It will not deserve more tomorrow than it is today. What? The value of gold is consistent. Rather, it is the value of the dollar and inflation that makes the cost of gold fluctuate. Essentially it uses a method to secure the value of your cost savings.
Purchasing mining business is another easy way to be a successful gold investor. There are various ETF’s that spend money on companies that almost my own gold.
The data strongly suggests that offered stockpiles will not keep speed with need in coming years. Gold Mining Stocks’s worldwide production peaked in 2002. Several of the world’s biggest mining business anticipate further declines in production next year, and are in a scramble to increase reserves through the acquisition of brand-new mining properties. South Africa, as soon as the world’s biggest gold manufacturer (now supplanted by China), mined its lowest quantity of gold because 1922 – and its general output is down 72 percent from its 1970 peak. Whereas China and Russia have actually ended up being a major force in gold production, they likewise seem inclined to hold onto many of it – adding these valuable ounces to their own reserves.
The financial investment goal of the Trust is for the shares to show the efficiency of the cost of gold bullion less the costs of the Trust’s operations. The shares are created for financiers who desire a cost-effective and practical way to purchase gold.
A website in this specific niche can help you appear to be a professional if you are interested in investing in gold or you presently do this as a living. It will provide you credibility amongst your peers. You can share all of your knowledge and suggestions to other people looking to start, and they will begin to try to find you and your website for guidance and details. As you acquire more followers you can market yourself as the next Gold Investment guru.
When another employee was eliminated at the Kloof mine, more bad news hit Gold Fields this week. The main shaft was shut for examination and security purposes and will affect output by a yet to be identified quantity.
It’s hard to picture, however perhaps sometime I’ll simply sell them all. I’ve seen several times where a coin collector was made an offer he/she could not refuse, and chose to sell. I guess it would much better for me to sell my coins, than for another person to liquidate them after I die.
When the ETF launched in 2003 they had just 8 tons. Then there are professionals who are predicting gold costs to go as high as $8,000 per ounce before 2014. Gold bullion is a store of value and safe house in times of crisis.
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