We’re Already in Cold War 2.0 – So What Does This Mean for Gold?
Geopolitical tensions have been on every investors mind and today’s Kitco News guest says it may only be the beginning. On this edition of “On The Spot,” Daniela Cambone speaks with Martin Weiss, founder of Weiss Research, to see why he thinks we may already be in ‘Cold War 2.0.’ According to Weiss, the source of the conflict back in the 1950’s Cold War is similar to the conflicts we are seeing today. “Then and now, the primary source of conflict is competition over scarce resources around the globe,” he says. “It is even more so today because both sides are functioning on a similar economic system.” He adds that two major areas to benefit from this increasing competition are precious metals and energy. “The three [assets] that I like is cash[….]precious metals investments – bullion and select shares – and I like energy.” Watch now to see what asset class he thinks may be in most danger once the Fed starts raising rates and to see if he thinks gold may be the safest asset class out there. Kitco News, August 20, 2014. (show less)
Geopolitical tensions have been on every investors mind and today’s Kitco News guest says it may only be the beginning. On this edition of “On The Spot,” Daniela Cambone speaks with Martin Weiss, founder of Weiss Research, to see why he thinks we may already be in ‘Cold War 2.0.’ According to Weiss, the source of the conflict back in the 1950’s Cold War is similar to the conflicts we are seeing today. “Then and now, the primary source of conflict is competition over ... (read more)
On The Spot
Editor-in-Chief Daniela Cambone puts some of the A-list names in the commodities space 'on the spot'. From key political & economic leaders to metal market opponents, she has guests from all over the globe answer some of the most challenging questions surrounding the resource industry. Tune in to hear what the elite have to say about the hottest topics in the industry.Disclaimer: The content on this website, including, without limitation, news, videos, interviews and commentaries, is provided by Kitco Metals Inc. ("Kitco") for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an "as is" basis without any warranty of any kind, whether express or implied and your use of the information provided in said content is entirely at your own risk. In no event will Kitco be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this website.
