Physical Gold Fund Hosts Global Perspectives with Alex Stanczyk and special guest Duncan Cameron April, 2020
Welcome to Global Perspectives, a new podcast featuring some of the sharpest minds in the world. We delve into the key concerns, opportunities, mindset, and practices of some of the most successful professional money managers, entrepreneurs, and world class personalities today.
This episodes special guest is Duncan Cameron.
*Covid-19 Stay-At-Home update
*US Unemployment Claims have exceeded 26m over the last 5 weeks
*Why a “V” shaped economic recovery is unlikely
*The first crash (wave down) in equity prices has been the most violent in many years
*If this economic crisis were a baseball game, we would still be in the first inning
*Current equity market rally is likely a “suckers rally”
*Patterns from the last Great Depression include: Destruction of businesses in the middle of the supply chain
*End user prices to rise
*First order producers to fail
*Farmers go bankrupt, lose farms
*Rise and Fall of Empires
*US empire in Decline
*China empire on the rise
*During decline of empires other rising nations test the declining empires strength
*US Warships ordered to open fire on any Iranian vessel coming close to US Vessels
*Why we are on the path to the next worlds reserve currency
*How the coming negotiations for the next currency system will be done by sovereigns, and whoever has the largest stockpiles of physical gold will have the greatest negotiating leverage
*Why central banks shifted from net sales to net buys of physical gold
*How the physical reality of physical markets versus futures markets can diverge during crisis
*How the problem in the oil complex is the opposite of the gold complex – there is not enough storage space for oil, while delivery of gold has been constrained
*Scenario where gold could go no-offer, forcing gap ups in price
*US Energy independance, barring government subsidy, is dependant on an oil price above $35/bbl
You can follow Alex Stanczyk on Twitter @AlexStanczyk
You can follow Duncan Cameron on Twitter @Duncan_ACameron
You can access transcripts of our interviews at: https://www.physicalgoldfund.com/learn/transcripts/
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