Low Cost Gold In The Age Of QE, AI, Trump And War
Stephen Flood, CEO of GoldCore presentation (28 minutes) was well received at the conference, which is a strategic mining and investment conference for leaders in the mining and investment sectors, bringing together attendees from 20 countries.
Key topics in the video:
– A bullion dealers view on ‘What will drive the markets in 2018?’
– QE, inflation, Fed rates, debt bomb, China, populism, EU cohesion, Brexit, digital disruption, cashless society, demographics, Trump (war), Artificial intelligence (AI)
– Solve global debt crisis with humongous amount of debt!?
– Inflation – U.S. health insurance has increased 13% per annum since
– How Artificial Intelligence (AI) is the “big one,” likely be massively disruptive
– Trump: ‘No respect, no capacity, no strategy’
– Brexit and EU – ‘Poor outlook’ for Europe and euro doomed?
– “We are getting older and getting fatter” … “less useful & less fair”
– “We live in uncertain times … there is no map”
– Gold’s excellent c.10% per annum performance over long term (see table)
– Low cost gold = Low “utility” gold
– Avoid “single point of failure”
‘Fear and Loathing In the Age of QE … AI’ can be watched on Youtube here
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