U.S. Dollar To See ‘Demise’, This Is How Central Banks Are Preparing

U.S. Dollar To See ‘Demise’, This Is How Central Banks Are Preparing | Shane Williams

Shane Williams, President and CEO of West Red Lake Gold Mines (TSX-V:WRLG) explains why the gold price has been rallying despite gold ETFs seeing outflows.

0:00 – Intro
1:04 – Gold price recap
2:10 – Central banks buying gold
4:30 – Repatriation of gold
6:00 – Gold ETFs
9:00 – Gold vs. miners
15:00 – Mining M&A
18:00 – Raising capital
19:22 – $2,500 gold forecast
20:41 – Headwinds to gold
22:30 – West Red Lake Gold assets
26:28 – Timeline to production
30:24 – Management strategy
32:17 – Stocks are overextended

#gold #investing #economy
Credit to : David Lin