This week, Chris talks with Jeff Clark, Senior Precious Metals Analyst at Casey Research, where he serves as editor of their Big Gold newsletter.
They tackle head-on many of the questions weary precious metals investors are wondering after enduing the volatile yet range-bound price action of gold and silver over the past year:
Have the fundamentals for owning gold & silver changed over the past year? No
What are they? currency devaluation/crisis, supply-chain risk, ore grade depletion
How should retail investors own gold? Mostly physical metal, some quality mining majors (avoid the indices), and ETFs only for trading
Is gold in a bubble? No
Could gold get re-monetized? Quite possibly
Where is gold flowing? From the West to the East. At some point, capital controls will be put in place