Interview Talking Points:
*Gold inflows have exceeded $13 Billion so far in 2016
*Paul Singer, Stanley Druckenmiller, Jeffrey Gundlach, George Soros all recommending gold
*Gold is the best performing asset for both 2016, as well as the last 16 years since 2000
*There has been a change in the conversation and narrative about gold in the West
*Investors are losing confidence in Central Banks which is fueling the awareness about gold
*As we have discussed previously on The Gold Chronicles, the technical set up for gold to rise has been in place for some time, and was only awaiting a shift in Western sentiment
*PIMCO economist suggesting an official re-pricing of gold to defeat current deflation and reach Fed inflation targets
*Discussion of how open market operations by the Fed to raise the official price of gold would work
*Kenneth Rogoff is recommending developing economy countries to increase their gold reserves to 10% to diversify reserves composition
*Chief Economist BIS indicates the world monetary system is lacking an anchor - why we think this anchor could be gold
- Source