HTML5 Incompatible Browser

In addition to U.S. economic uncertainty driving gold, what are other international factors that contribute to the growing demand for gold?

Bob Wiedemer

For more information please get in touch with a Monex Account Representative at 1-800-444-8317.

A Year for Accumulation ReportFree “A Year for Accumulation” Report
Learn why 2019 is the year for accumulation in our new report written by widely-recognized financial market analyst, author, and Managing Partner of CPM group, Jeffrey Christian. This insightful report will provide you with informative facts, statistics, charts, and more details that explain why investors should begin to think about accumulating precious metals in 2019. Monex offers this report completely free of charge in an effort to keep our customers and prospective customers informed about the events occurring within the precious metals market. Claim your free report now with a quick, easy phone call to a Monex Account Representative. Call now: 1-800-444-8317.

IMPORTANT NOTE: The information presented in these video clips is solely a highlight of the opinion of a third-party and is incomplete. Please visit the website and/or subscribe to the publication for the full and timely opinion of the individual and call a Monex Account Representative for any additional up-to-date information. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.

Video Transcript

A country like China has its own uncertainty, domestic and international. A country like India has its own uncertainty, domestically and internationally. Meaning, domestically they may be banning all past cash. You have to turn it in, as they did, and get new notes. Or China has its own scandals, and problems, and debts, and so forth, that brings up uncertainty and believe me, people do see that. So, when they do, just like in the U.S., they do tend to go for gold, even more than in the U.S., because in countries like China, the biggest gold consumers, they have for a long time looked to gold as safety when the government is not doing well or their financial institutions are not doing well. So, when I talk about uncertainty, it is about the U.S., but let's be clear, there is uncertainty growing in these other countries as well and that's also driving an international demand for gold that clearly pushes the price up. So, maybe at some point, maybe I should do an Uncertainty Index for China and India, but let's just be aware that those are two other countries whose uncertainty is very likely to rise over the next few years as well.