Gold and China: Physical vs. Paper

Published on
August 29th, 2019
9 minutes

Gold and China: Physical vs. Paper

Gold ·
Featuring Brent Johnson and Luke Gromen

Published on: August 29th, 2019 • Duration: 9 minutes

Brent Johnson, CEO of Santiago Capital, and Luke Gromen, author of Forest for the Trees, sit down for a conversation on investing in physical gold versus gold contracts. Gromen argues that the demand for physical gold has far outpaced the demand for gold contracts because of China trying to defend the value of the renminbi. This clip is excerpted from a video published on Real Vision on February 11, 2019 entitled "The New Drivers of Gold Prices."



  • SH
    Simeon H.
    22 February 2020 @ 20:09
    Brent's a superb contrarian indicator. Since I started noticing him he's been wrong on everything. (3 years give or take.
  • BC
    Burton C.
    9 September 2019 @ 00:34
    Bad call Brent...Exiting the space at the beginning of an uptrend. I remember when I watched this for the first time in FEB. Recall me thinking I don't really care where he thinks gold is going I would prefer to hear why he thinks it. He never says why just "I think".
    • ED
      Edward D.
      16 September 2019 @ 03:00
      Brent thinks that the other currencies out there will be first to collapse, and there will be a bull run on US dollars.. Which will drive Gold down first,, USD very high,,, then the USD will roll over and Gold will rise. Lots of negative yielding debt in the bond markets. Big world rushing to safety...
  • AH
    A H.
    1 September 2019 @ 22:34
    Brent Johnson: "less than 5%" Tony Deden: "about 35% of our capital"
  • JS
    Jim S.
    29 August 2019 @ 23:13
    now in late August seems a peculiar time to put out an interview from six months ago. What's the point?
    • as
      andrew s.
      31 August 2019 @ 08:38
      Less and less point to RV