Episode 1 – Gold Becoming "Money" Again?, Europe & Some Speculation

The first episode where Minesh Bhindi discusses:

– Gold being re-introduced as “Money” again

– Europe’s explosive debt scenario

– Some 3-5 year fun speculation

Links to articles mentioned:

Gold Re-entering Monetary System: http://www.resourceinvestor.com/2012/07/03/gold-re-entering-monetary-system?ref=hp

Gold Holdings: http://www.resourceinvestor.com/2012/06/28/bears-cant-convince-precious-metals-etf-holders

Leave comments & let me know what you’d like to hear in future episodes.

0 Comments

Ron Drakeford

July 4, 2012 at 2:55 pm - Reply

Hi Minesh, good content, but the Euopean/German stance could be elaborated. As far as I understand it, although not confirmed as of yet,Angela Merkel is is pretty adamant about issuing Eurobonds. A compromise deal has been mooted I believe, whereby troubled States can borrow up to 40% of GDP. If they are already above that figure and need to borrow more then the loan has to be collateralised and gold seems to be the only acceptable asset as a lot of the Eurozone countries hold Gold. If it becomes a tier one assett as is likely, these reserves will put troubled states in a better situation finanically because of their holdings. Germany on the other hand stands to gain collosal gold reserves if it is propping up the member states, and will therefore possibly become even stronger in Europe and will possibly become the preferred trading country (as far as Europe is concerned) with the rest of the world. Could be interesting also when there is also a move away from Petrodollars. Ron.

Neil Gray

July 4, 2012 at 3:50 pm - Reply

Hi Minesh,

Really enjoyed episode one, lots of great content. Just one thing though. . . If you could make the links open in a separate window rather than diverting from this page it would be better. That way you can go to the links whilst carrying on listening.

Other than that good stuff . . keep up the good work!

Neil

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