Count Your Blessings

Published on
July 28th, 2015
Topic
Gold, Monetary policy
Duration
10 minutes
Asset class
Equities, Commodities

Count Your Blessings

Featuring Brent Johnson

Published on: July 28th, 2015 • Duration: 10 minutes • Asset Class: Equities, Commodities • Topic: Gold, Monetary policy

Brent Johnson of Santiago Capital updates us on the recent price volatility in the gold market, reiterating the long-term importance of gold as part of a portfolio and cautioning against the worship of 'unicorns', in Count Your Blessings.

Comments

  • BH
    Brian H.
    20 September 2016 @ 13:17
    Ray dahio
  • PH
    Philip H.
    5 August 2015 @ 08:32
    I think you mean $17 TRILLION in regard to Central Banks balance sheets. At this rate, very soon we'll be talking real money!
  • TJ
    Terry J.
    30 July 2015 @ 07:43
    Succinct, timely, reassuring and hopefully prophetic!
  • Dd
    Diego d.
    29 July 2015 @ 12:28
    In my opinion, gold is a tail risk investment; especially with the dollar bull market ongoing
  • AA
    Ali A.
    29 July 2015 @ 11:59
    Speculative banter
  • BG
    Branislav G.
    29 July 2015 @ 10:39
    CC: when ever you bought it in the last 3 years and you are still holding you would have lost money. It is just another commodity that rises, bubbles, crashes and then unwinds.
  • CC
    Christopher C.
    29 July 2015 @ 02:36
    1.) Interest rates can not rise too far without blowing up the machine. 2.) Having "all your money in gold for the last 3 years have shown...." depends on when you bought it.
  • BJ
    Brent J. | Contributor
    28 July 2015 @ 21:23
    BG: No 1 should have all their money in gold. The last 3 years have shown that to be very unwise. But in a world full of unicorns having all your money in equity is equally unwise. Gold has its place
  • TW
    Thomas W.
    28 July 2015 @ 21:02
    Good piece, but no mention of the manipulation/ suppression scheme. Really? Why ? It's THE determining factor of price. Gold peaked 8/11. Declined in earnest 9/12 from 1800. 3 yrs., NOT 5
  • GR
    Gregory R.
    28 July 2015 @ 19:36
    Gold prices are suppressed by central banks to manipulate interest rates and currency values. They will not stop naked shorting until the price is determined in the physical market.
  • BG
    Branislav G.
    28 July 2015 @ 18:41
    You gold bulls are now beyond funny, it's now getting sad that after being wrong for 5 years you are still trying to convince yourself that you are right. Thats the definition of insanity
  • CY
    C Y.
    28 July 2015 @ 16:29
    I get all the fundamental reasons for owning gold and think it has its place...but one could also foresee a situation where interest rates start to rise and gold does really poorly.
  • PW
    Phil W.
    28 July 2015 @ 15:55
    well on July 24 it hit 1072.3. So far it holds! time will tell
  • KT
    Kevin T.
    28 July 2015 @ 15:42
    Some of those technical analysis lines look pretty arbitrary to me.
  • FS
    Fred S.
    28 July 2015 @ 13:35
    Trump hair = Flock of seagulls. Love It!