Central Banks pushing Gold To All-Time Highs! Trump Trade | Joe Cavatoni
It is time for a deep dive into the fundamentals of Gold. We catch up with Joseph Cavatoni, Senior Market Strategist at the World Gold Council, to discuss what is happening on the ground. ETF buying in the West is still lagging and FED interest rates are just one of many factors for owning gold. The central bank buying continues ... and Idris Elba is in a role of a lifetime. Let's discuss the latest gold price move and gold news. --- Thank you to our #sponsor CONTANGO ORE, Inc. (NYSE American: CTGO) - Developing Alaska's Next Gold Mines. Make sure to pay them a visit: https://www.contangoore.com/ --- Guest: Joseph Cavatoni, Senior Market Strategist Company: World Gold Council https://www.gold.org/ Recorded at the Rule Symposium 2024 Check out the recordings of ALL presentations from the Rule Symposium including Grant Williams, Danielle DiMartino Booth, Jim Rickards, Rick Rule and many more! Register here: https://opptravel.zohobackstage.com/TheRuleSymposiumonNaturalResourceInvesting2024#/?affl=SoarFinancial --- Save the Date DEUTSCHE GOLDMESSE November 21 & 22, 2024 in Frankfurt, Germany www.deutschegoldmesse.com --- Follow Us! Twitter: http://twitter.com/soarfinancial Website: http://www.soarfinancial.com/ Chapters 01:10 Guest Introduction 01:32 Role at World Gold Council 02:24 Gold Marketing Campaigns 03:13 Purpose of Educational Videos 05:19 Energy Transition and Mining 06:03 Gold Performance 07:17 Central Bank Gold Demand 08:02 Geopolitical Factors Affecting Gold 10:13 Managing Portfolio Risk with Gold 11:14 ETF Market Dynamics 13:09 Investor Expectations on Rate Cuts 14:15 Recession Risks 15:02 Coin and Jewelry Demand Trends 16:46 Current Gold Market Dynamics 17:57 Consumer Demand in China 19:27 Investment Trends in India 20:07 Gold vs. Silver Investment 21:52 Costco Gold Sales 23:32 Speculative Factors Affecting Gold Price 24:39 World Gold Council Membership 25:14 Catalyst for Gold Market 27:16 US Debt 29:12 Gold Market Outlook 31:12 Role of World Gold Council in Market Development 33:16 Artisanal Mining and Market Perception 34:24 Expected Gold Price Movements 35:32 Conclusion **Disclaimer:** Some of the links presented might be affiliate links. We might receive a commission if a purchase is made using those links! Unless specifically disclosed, all information available on Soar Financial and its affiliates or partners should be considered as non-commercial in nature. None of the content produced by Soar Financial should be considered an endorsement, offer or recommendation to buy or sell securities. Soar Financial is not registered with any financial or securities regulatory authority in Canada, the US, Europe, or the UK, and does not provide, nor claim to provide, investment advice or recommendations to any consumer of the content that Soar Financial produces and publicizes. Always do your own due diligence and/or consult a qualified legal, tax, or investment professional if personal advice is deemed necessary. Soar Financial and its related companies (including its directors, employees, and representatives) or a connected person may hold equity positions in securities detailed in communications. When this occurs a disclosure will be made. Disclosures on social media will be made using the hashtag #coi (short for conflict of interest). Soar Financial, its affiliates, and their respective directors, officers, employees, or agents expressly disclaim any liability for losses or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of this site or any decision made or action taken in reliance upon the produced content of Soar Financial, whether authorized or not. By accessing Soar Financial’s content, each consumer of Soar Financial content releases Soar Financial, its affiliates, and their respective officers, directors, agents, and employees from all claims and proceedings for such losses, damages, or consequences.