Perspectives on Gold

Featuring Grant Williams, Brent Johnson, Simon Mikhailovich

Joined by Brent Johnson and Simon Mikhailovich, Grant Williams gives us his views on the drop in price in the gold market, and reiterates the reasons to hold physical gold far beyond the daily price movements.

Published on
10 August, 2015
Topic
Gold, Sentiment, Positioning
Duration
29 minutes
Asset class
Commodities
Rating
14

Comments

  • SM

    Simon M.

    27 8 2015 14:45

    2       0

    Aleksey, miners provide levered exposure to gold price but are not systemic insurance as shares rely on fin. intermediaries and functioning equity markets. Only bullion is completely independent.

  • PJ

    Paul J.

    24 8 2015 12:12

    1       0

    Your analysis/viewpoint hasn't changed since your excellent writings in TTMYGH. Insurance is always something you don't need...... Until you do!!

  • DH

    Dale H.

    21 8 2015 04:13

    1       0

    Well, gold is having a pretty good run at the moment. Gold shares virtually the only green in Aus. Maybe Druckenmiller's recent $300 mil bet is prophetic + his $30 mil NEM buy. Ok for pet rock 4 now..

  • CR

    Carl R.

    12 8 2015 17:09

    0       0

    Great video - I have already purchased some gold from a London bullion merchant but eager to buy more... Thanks for a great video.

  • LT

    Luc T.

    12 8 2015 13:47

    0       0

    Another aspect few are focusing on: its liquidity thats truely internatinal and its privacy; something like a 5 K year old bitcoin, but better.

  • JO

    John O.

    12 8 2015 12:24

    0       0

    Perfect timing. Just as the U.S. equities top is confirming and gold rising. Long physical and short everything else. If gold stalls, can always hedge with short GLD but hold onto that physical.

  • AE

    Aleksey E.

    12 8 2015 05:13

    4       0

    Why not just buy gold companies that denominate their earnings in weak currencies i.e. AUD? Get a claim to cash flows from physical gold whilst benefiting from strong dollar.

  • WM

    Will M.

    12 8 2015 01:15

    7       0

    Great review by Grant et al. I made out well between 2001 and 2013. The world situation is now far worse and I am now back in for 25% of my net assets. When most want it, there will be none of it!

  • DM

    Daniel M.

    11 8 2015 19:30

    0       6

    Why is Grant's skin colour blue? Is that shirt really blue or is it actually white and you guys don't have the right white balance?

  • KT

    Kevin T.

    11 8 2015 15:58

    4       0

    If you measure it in USD its down but if you pick almost any other currency it's doing fine. This interview is just the flip side of Raoul's USD bull market presentations...

  • JV

    James V.

    11 8 2015 14:12

    0       0

    Sorry...omnipotence OF central banks...

  • JV

    James V.

    11 8 2015 14:08

    3       0

    central banks, then you don't need gold. That is the bear case. I doubt many RV subscribers are willing to make that bet.

  • JV

    James V.

    11 8 2015 14:06

    1       0

    As for Thomas's desire to hear the bear case for gold, Jim Grant described gold as "an investment in monetary and financial disorder". If you believe in the omniscience and omnipotence in...

  • JV

    James V.

    11 8 2015 14:01

    2       0

    Absolutely fantastic. One of the best interviews I've seen on RVTV and one of the best explanations of the case for gold.

  • TM

    Tim M.

    11 8 2015 11:31

    0       0

    Great video– Would it be possible to make this public so I can share it with family who has also invested in gold? It is a timely reminder as to why we continue holding it in this very uncertain world

  • CA

    Christopher A.

    11 8 2015 02:42

    2       0

    I feel like Goldmember. I love gold!

  • DH

    Dale H.

    10 8 2015 22:47

    6       0

    Thanks. We don't need the bear case, it's a dime a dozen.. A lot of very smart people have been wrong on timing, eg Hussman Funds admission + prognosis =VG. Unprecedented times.. U 3=A+ long term! IMO

  • jd

    john d.

    10 8 2015 21:34

    9       0

    The pain in gold is nothing compared to the pain felt by those digging it out of the ground, or more accurately the shareholders of those companies !!

  • MB

    Martin B.

    10 8 2015 19:07

    5       0

    Just keep stacking...

  • TH

    Timo H.

    10 8 2015 18:38

    4       0

    Nobody talks about currently ongoing futures backwardation. Isn't it important? For gold , it should be impossible.

  • MD

    Mark D.

    10 8 2015 17:59

    8       0

    Interesting and persuasive arguments for the long-term bullish case for gold as a hedge against the financial missteps of governments and central banks.

  • EL

    Elizabeth L.

    10 8 2015 17:39

    10       0

    Thanks so very much Grant. I really needed to hear the three analyses . It helps me to think clearly and not to worry about my gold investment.

  • PR

    Peter R.

    10 8 2015 17:05

    4       0

    Gold is an intriguing metal. It has always been seen as special and valuable from the Aztecs to Oligarchs. And when the markets for transferring bits of paper to each other fall apart...I've got mine.

  • SM

    Simon M.

    10 8 2015 16:46

    20       0

    Thomas - gold bear case is well covered. It assumes that fin. assets & monetary policies are sound & sustainable. It is a BIG assumption & most investors cannot afford for it to be wrong.

  • TJ

    Terry J.

    10 8 2015 16:06

    6       0

    Most reassuring and timely for those of us whom believe the fiat debt system will end in tears and that gold will once more take its rightful place as real money.

  • TR

    Thomas R.

    10 8 2015 16:02

    25       4

    This purports to be a rounded debate on gold, yet the three perspectives are all long term bullish! Would it have hurt to make time for an intelligent bear case for gold as well?

  • CD

    Colin D.

    10 8 2015 15:25

    7       0

    Thanks Grant - great video. Nice to hear some sympathetic views in the midst of a weight of sentiment against gold. As was said true price discovery will only be possible when the next crisis hits.

  • CE

    Christopher E.

    10 8 2015 15:08

    9       0

    Great format for the interview, Grant. Thanks for the compelling analyses from three perspectives.

  • GT

    Graham T.

    10 8 2015 15:02

    1       4

    It's a bugger, isn't it Grant. It's either that or the fav on the 3.30 p.m. at Goodwood .