In this week’s episode of Live from the Vault, precious metals expert Andrew Maguire is joined by returning guest Peter Grandich, author and former Head of Investment Strategy for a leading New York Stock Exchange firm. The two open the episode with a detailed discussion on gold price m**********n and the mining space.
Grandich explains that gold prices have been manipulated for decades by large financial institutions, who use massive paper gold trades to suppress the price of physical gold. This m**********n, according to Grandich, has artificially kept the price of gold low and discouraged investment in the mining sector.
Maguire adds that the mining space is also facing challenges due to declining grades and increasing costs. However, he notes that there are still opportunities for investors in the sector, particularly in junior miners with strong management teams and promising projects.
The conversation then shifts to the impact of Bitcoin on the precious metals market. Grandich notes that while Bitcoin has garnered a lot of attention in recent years, it is not a substitute for gold and silver. He explains that gold and silver have intrinsic value and have been used as stores of value for thousands of years, while Bitcoin’s value is based on speculation.
Maguire agrees and adds that Bitcoin’s price volatility makes it a risky investment compared to gold and silver. However, he notes that Bitcoin has brought a new wave of investors to the precious metals market, as many have turned to gold and silver as a hedge against Bitcoin’s volatility.
The conversation then turns to the changing global order and the impact on gold and silver. Grandich explains that the rise of the BRICS nations (Brazil, Russia, India, China, and South Africa) is shifting the global balance of power away from the traditional Western powers. He notes that this shift is leading to a greater demand for gold and silver, as these countries look to establish their own monetary systems.
Maguire adds that this demand is particularly strong in China and India, which have long histories of gold and silver usage. He notes that China has been accumulating large quantities of gold in recent years and is poised to become a major player in the precious metals market.
The episode concludes with a discussion on how Peter would weigh gold and silver in a portfolio. Grandich explains that he would recommend a 70/30 split between gold and silver, with a focus on physical ownership. He notes that while gold is the ultimate safe haven asset, silver offers more upside potential and should be included as a hedge against inflation.
Advertisement
______________________________________________________
Maguire agrees and adds that investors should also consider mining stocks as a way to gain exposure to the sector. He notes that junior miners can provide significant upside potential, but come with a higher level of risk.
Overall, this week’s episode of Live from the Vault offers a comprehensive overview of the precious metals market and its place in the changing global order. With expert insights from Andrew Maguire and Peter Grandich, investors will come away with a better understanding of the opportunities and challenges in the space.
Moreover, It’s worth noting that understanding the complexities surrounding the gold and silver market, including price m**********n and supply and demand factors, is crucial, as well as being aware of macroeconomic trends and global power shifts, which can greatly impact gold and silver prices. Ultimately, diversifying one’s portfolio with a mix of precious metals can provide a hedge against inflation, market volatility, and geopolitical risks. Therefore, assessing and allocating a portion of one’s portfolio to precious metals should be based on one’s risk tolerance, investment horizon, and financial goals.
______________________________________________________
If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © Dinar Chronicles
