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Turning Hard Times into Good Times

Turning Hard Times into Good Times

Tuesday at 12 Noon Pacific

October 19th 2010:Who is Buying Gold? Who is Selling Gold?

Ian MacDonald will help us understand who the buyers are that are driving the price of gold higher. Is it speculators? Or is gold flowing from weak hands into the strong hands of those who seek to protect their wealth? This at a time when nations around the world are creating endless amounts of paper money in an effort to cheapen their currencies in order to gain a trade advantage against their neighbors. As James Turk has pointed out, gold follows wealth. As wealth grows in Asia and declines in the West, are there reasons to expect the Chinese and other gold-hording nations to force a mov

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Featured Guest

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Ian MacDonald

Mr. MacDonald has worked as Executive Director of the Dubai Multi Commodities Centre (DMCC) where he launched a $200MM Shariah compliant asset management company for the Government of Dubai. Prior to that, Ian worked in the precious metals divisions of Commerzbank AG, Credit Suisse, and Billiton (UK). He currently serves in the Advisory Board of Gold Bullion International, a firm that is the first company to exclusively offer the wealth management industry access to the most secure and transparent process for acquiring, transporting, and storing gold bullion for their affluent retail clients.
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https://www.voiceamerica.com/show/1501/turning-hard-times-into-good-times 25/11/2017 11:00 25/11/2017 12:00 Turning Hard Times into Good Times https://www.voiceamerica.com/show/1501/turning-hard-times-into-good-times Ian MacDonald will help us understand who the buyers are that are driving the price of gold higher. Is it speculators? Or is gold flowing from weak hands into the strong hands of those who seek to protect their wealth? This at a time when nations around the world are creating endless amounts of paper money in an effort to cheapen their currencies in order to gain a trade advantage against their neighbors. As James Turk has pointed out, gold follows wealth. As wealth grows in Asia and declines in the West, are there reasons to expect the Chinese and other gold-hording nations to force a move toward a gold-backed currency? Secret talks have reportedly occurred between China and France toward that end during the past year. Is it possible we will soon witness a new global monetary system that is at last partly backed by gold? If so, what might that mean for the price of gold? Answers to those and more questions will be asked of Ian. VoiceAmerica | Talk Radio | Online Talk Radio studio@voiceamerica.com false DD/MM/YYYY Add to Calendar
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