Ronald Peter Stöferle-What is The Future of the Dollar System & Gold
Supply chain also strongly affected in the gold sector.
Ronald responds to Jay’s question that there is currently a major supply problem in the gold market. Not only are there large quantities of gold in Asia, where demand is not very high, but it is also very difficult to get this gold to the places where demand is high. In addition, the Swiss refineries, which are responsible for a large percentage of the gold products, are closed.
Gold in the time of unlimited quantitative easing
As Roland describes it, the main problem will not be Corona, but the economic failure and the possible depression. This is only intensified by the huge state interventions. Since the beginning of the crisis, huge interventions by central banks have been the order of the day. Closely linked to this are not only monetary but also fiscal interventions in the market. This in turn leads to an all-time high gold price in almost all currencies.
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