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Considering the unstable economic conditions worldwide, and the loss of trust in banks and fiat currencies, is gold on the precipice of its next “shining” age?

Bob Wiedemer
July 6, 2016
Video Transcript

Announcer: Considering the unstable economic conditions worldwide, and the loss of trust in banks and fiat currencies, is gold on the precipice of its next "shining" age?

Robert Wiedemer: Historically, gold has been trusted as the best stored value, the best way to make sure that you have the freedom to move about various countries, move around, that you can have financial freedom. That's really what gold has meant for a long, long time, certainly, long before America was around, same in Asia, Middle East, Europe, it's been a source of that financial freedom. I think to some degree that's what's coming back today, all around the world, not just in the U.S, but a sense that in times when you can't trust everything that's going on and certainly there's a feeling about that we've seen that in recent election issues in the U.S., we've seen trust has come up all over Asia, all over in Europe. I think when people are losing some trust in their financial system, maybe in their own financial future, we're certainly seeing some of that in the U.S. and all over the world, they go to something they can trust. Gold is one of those things that they trust. This is historic. I'd say it's certainly cultural in Asian countries or the Middle East and it's been true. I mean, it's not just a legend, it's just the truth. It really has been a key source of financial freedom and security in times where people are getting more worried and I think certainly we're in a time where people here and around the world are getting more worried about out futures, our financial futures, and stability in general. It's a real source of comfort.

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