🆕 Egon von Greyerz interview: Gold or no gold⁉️
Interest in gold is increasing worldwide. In South Korea, mint sales are suspended and China is encouraging insurance companies to invest some of their assets in gold. In the USA, there are discussions about revaluing gold reserves, but the effect would be negligible. But is the gold even there? A full audit has not taken place for decades. Elon Musk now wants to make up for it. Either way, the demand for gold remains high, especially from central banks, which are thus avoiding a possible expropriation of their dollar reserves. Pension money in gold? If you have the option, yes. Silver offers a great opportunity at the current high gold-silver ratio, as the historical ratio is 15.
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0:00 Intro
1:00 South Korea has a gold shortage and China encourages insurance companies to buy gold
3:45 Despite the recent price rise, the share of gold in financial assets is low
6:05 Revaluation of US gold reserves would have no effect with this level of debt
9:45 If gold is in Fort Knox, it is most likely on loan
12:00 Musk hopes the gold is still there and he wants to check it out
15:00 Central banks will continue to buy so that their dollar reserves cannot be expropriated
17:10 Pension money in gold? If you have the opportunity, yes!
19:00 How to use the gold-silver ratio trade?
20:30 Silver now offers a fantastic opportunity
22:00 Gold should rise to at least $10,000
23:45 Hold physical gold outside the banking system, not paper gold
Sources and further information
Korea/China
https://www.mining.com/web/south-kore...
https://www.zerohedge.com/precious-me...
https://www.kitco.com/news/article/20...
Gold
https://fortune.com/2025/02/11/adjust...
https://x.com/elonmusk/status/1891566...
https://www.foxbusiness.com/media/elo...
This is not investment advice.
#egonvongreyerz #gold #stocks #crash