MI263: Gold Through The Ages: Understanding it’s Role Under Different Monetary Regimes w/ Dana Samuelson
发布时间 2023-03-14 09:00:00 来源
摘要
Rebecca and Dana Samuelson chat about rare gold coins, their differences from other gold/silver investments, gold's changing role in the monetary system, and its impact on pricing, and more.
Dana Samuelson is the President of American Gold Exchange, Inc. with 42 years trading precious metals and rare U.S. gold and silver coins.
IN THIS EPISODE, YOU’LL LEARN:
0:00 - Intro
3:00 - What rare gold coins are, and how does this investment differ from other gold/silver investments?
10:54 - How gold’s role in the monetary system has changed over time and how that’s impacted the price.
15:06 - What is the relationship between Gold, the USD, and other currencies?
23:45- How the price of gold changed after being fixed in the 1930s to then floating in 1971.
24:00 What are the main factors that drive gold prices to go up and down?
25:59 - How the money supply impacts the price of gold.
29:59 - Is there a typical market cycle for gold?
34:03 - What would happen if people lost faith in the US’s ability to service the country’s massive debt loads?
35:41 - How a payment system of gold for oil would work and is this a likely scenario?
38:41 - Could China be stocking up on gold to potentially go on a gold or silver standard?
49:30 - Dana’s outlook for gold and silver.
55:49 - Why does it matter if less dollars are used internationally?
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
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Check out: American Gold Exchange.
Related Episode: Listen to MI248: Inflation Is Here To Stay w/ Tavi Costa, or watch the video.
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