A Gold Bull Not a Gold Bug

Published on
September 5th, 2019
10 minutes

A Gold Bull Not a Gold Bug

Gold ·
Featuring Marc Chandler

Published on: September 5th, 2019 • Duration: 10 minutes

Marc Chandler, chief market strategist at Bannockburn Global Forex, tells Ed Harrison why he is bullish on gold, but not a "gold bug." Chandler argues that the yellow metal is set for a breakout considering its recent bull run, rising geopolitical tensions, and the abundance of negative yielding bonds. He argues that gold will not be the basis for a new financial system, but rather will evolve as a financial alternative. This clip is excerpted from a video published on Real Vision on August 19, 2019 entitled "Long Gold, Short Renminbi."



  • RS
    Robert S.
    13 October 2019 @ 22:47
    The value of fiat money is that it allows to increase the total amount of money in circulation effortlessly. However, fiat money requires constant economic growth in order to allow for positive interest rates. The question whether continued economic growth is possible in the future is rarely addressed. If we are heading towards an economic future with no or only little economic growth, then gold may be the better money than fiat in the future.