Also in this playlist...
This transcript is automatically generated
Listen to you but I want it to say with him because when -- -- -- gold -- say that gold is it gonna be going.
Anywhere this year -- all but however in -- barrel of being compass on an abacus he says gold is actually be soaring you to have completely different views.
Us -- right now gold set for nearly -- 2% gain this week there has been talk potential talk about.
A more -- obviously Marshall you think that gold is gonna hit.
Well I think it's very possible that that the timing is always difficult to know.
But for the last eleven years gold has hit a new high and we think it's very possible little happened.
Well we're out we're confident that it will happen the timings in little more difficult but it could very well happen.
Abkhazia takes one -- well gold is gonna hit 2000 dollars -- equities.
I think we've seen the majority of the run up you know obviously -- done very well we tend to be contrary -- in nature so after a major run up.
In a commodity like gold intend -- to stay away we're not necessarily concerned about.
The the metal itself but the reason that investors have bought into it a lot of times investors have not bought gold because they understand the fundamentals of how it trades.
They bought the commodity simply because it's gone up and we realized what can happen when it doesn't go up anymore.
A lot of investors go out the same door at the same time there's no such thing as a safe investment I've heard that gold.
Is a safe investment one too many times.
Okay see you -- to many times Marshall what do you say why do you think investors.
Should be buying golden mean is seems like we kind of had that -- up earlier this year.
Well we've had that run up each year for the last eleven years and we think GAAP gold as volatility moves up and down as do the mining stocks involved -- gold.
But we think that once again gold will resume its rise -- it has it's gone from.
-- few months ago to 1630 now we think it'll continue its rise.
Because of a number of factors.
The pretty presses running around the world.
The uncertainty from elections -- Greece and France in the United States.
And -- supply demand supply demand is not given enough attention.
In our view.
The demand increases from central market as central banks from the individuals that Chinese the Indians have a history of wanting to own gold in.
Various forms jewelry.
-- -- And there's more Chinese are more Indians there's more people around the world that have money and -- -- have some of their assets in gold so we think the demand side continues to be very strong.
And the supply side is -- called it takes far longer.
Defined a gold in the ground -- would explode explore for -- To get the permits to deal with the environmental issues -- deal with the local people's so the demand is says slower than they accuse me -- -- slower in the demand.
All right -- great points from new -- -- points from you if there's such great ones and I have both dating back later on in the show to talk about some other investment ideas.
Our for our viewers Donna thank you very much -- gold is only one piece of the investments are.
Filter by section