China, Bullion, & The Trade of the Century | Tavi Costa (Video)
China, Bullion, & The Trade of the Century | Tavi Costa Video by Silver Doctors
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Bullish bullion and bearish the full fiat yuan Chinese currency, our guest this week (Tavi Costa) give us insights into why and how they are positioning their investor capital headed into the 2020s.
You have any idea how many times China has “reset” their fiat currency over the last 100 years. We were surprised to find out this figure and much more insight from Mr. Costa this week.
Silver and gold close this week a bit higher than last.
The silver spot price is just over $14.60 oz in fiat US dollar terms.
While the spot price of gold is likely to close around the $1,286 oz mark in fully fiat Federal Reserve notes.
The gold-silver ratio remains currently at 88, a more than 26-year high level. The last time the gold-silver ratio hit 90 was in early 1993.
This week we are pleased to welcome a new guest to this bullion podcast. I think you will find his comments on China, the current financial climate, and bullion bullishness insightful.