Updating the China-Based Gold Play

Published on
October 23rd, 2019
15 minutes

Updating the China-Based Gold Play

Trade Ideas ·
Featuring Alexander Campbell

Published on: October 23rd, 2019 • Duration: 15 minutes

Alexander Campbell, founder of Black Snow Capital, returns to Real Vision to review his bullish outlook for gold and to update his options trade on $GLD. He updates his bearish thesis for China, notes the mounting pressures facing their banking system, and discusses why gold should continue to outperform when denominated in Chinese renminbi. Campbell also presents a hedge trade - shorting bonds through options for a more sophisticated degree of insurance. Filmed on October 22, 2019.



  • JD
    Jon D.
    5 November 2019 @ 06:47
    Spike of food cost you say? I hear pork's looking pretty cheap in China these days...
  • AW
    Austin W.
    2 November 2019 @ 01:48
    Prefer strongly that he would be interviewed by a human being. Always prefer "conversation."
  • DW
    Denton W.
    29 October 2019 @ 21:53
    The old interview format is way better
  • JG
    Jim G.
    25 October 2019 @ 12:18
    I prefer the interview format by far, it lends a more casual and intimate atmosphere and I believe Pura the interviewee more st eade. Also for those that prefer to listen than stay glued to the screen the interview format is more digestible.
  • DB
    Doug B.
    24 October 2019 @ 21:54
    I love the "prompted presentation" format. It puts the focus much more on the interviewee and their ideas.
  • AD
    Anna D.
    24 October 2019 @ 14:39
    This format works well too
  • AK
    Ado K.
    24 October 2019 @ 08:36
    This format works great, the important thing is the knowledge provided, the format is of secondary importance. Alexander has a great idea here and the basis of it is that China essentially will devalue. If China somehow did not devalue over the coming 24 months, I would see that as a huge surprise. So like all gold trades at the moment the upside is rather large and the potential downside is rather low, makes perfect sense!
  • KS
    Ken S.
    24 October 2019 @ 04:28
    I greatly prefer the interview format to the presentation format in this video.
  • MC
    Michael C.
    24 October 2019 @ 02:25
    Although the content is the same I prefer the conversational format. I like to see the spontaneity of the interview process.
  • JB
    Josh B.
    24 October 2019 @ 01:37
    I prefer the older format. This seems a bit canned and choppy. Too much like a pitch for my taste. I think the conversational style was better, they either make the argument or they don't
  • CA
    Cal A.
    24 October 2019 @ 01:18
    great job adding question voiceovers!
  • DF
    Dominic F.
    23 October 2019 @ 06:07
    It would be nice to hear the questions.
    • CA
      Cal A.
      24 October 2019 @ 01:16
      it would make sense, considering there is already an introduction VO
  • TR
    Travis R.
    23 October 2019 @ 22:07
    Agree that reading the question is helpful. Bookmarking the questions is another great feature, seems as though RV bookmarks about half of the published videos.
  • GF
    Gordon F.
    23 October 2019 @ 21:27
    Hmm... Lots of comments asking for audio on the questions, which is something I have asked for since a long time ago, but when I watched it just now, the questions were nicely voiced over. Thanks, RV, for listening and letting us just listen.
  • sm
    shantanu m.
    23 October 2019 @ 18:12
    I found the video too technical to understand.
  • SS
    S S.
    23 October 2019 @ 14:43
    You have to read out the questions, as I along with many others I believe do not watch the video, but rather listen to it in the background whilst we are doing other things e.g. driving, running at the gym, working on others things on the computer and so on.
  • GK
    Gilbert K.
    23 October 2019 @ 13:57
    The personal interviews are much more engaging than the presentation format.
  • WB
    William B.
    23 October 2019 @ 12:59
    I want to hear questions it is very important I listen to these primarily to and from work in my car.
  • RM
    Russell M.
    23 October 2019 @ 12:58
    The presentation format works. Its better for a trade idea. I see audio only listeners requesting audible questions. I guess that makes sense, but my comment is that in some other videos, the audible questions are too loud, which is annoying.
  • SC
    Scott C.
    23 October 2019 @ 10:56
    Without audio questions, the utility of videos when either listening or multitasking falls materially, and detracts from the experience/value