• 394 days Will The ECB Continue To Hike Rates?
  • 394 days Forbes: Aramco Remains Largest Company In The Middle East
  • 396 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 795 days Could Crypto Overtake Traditional Investment?
  • 800 days Americans Still Quitting Jobs At Record Pace
  • 802 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 805 days Is The Dollar Too Strong?
  • 806 days Big Tech Disappoints Investors on Earnings Calls
  • 806 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 808 days China Is Quietly Trying To Distance Itself From Russia
  • 808 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 812 days Crypto Investors Won Big In 2021
  • 813 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 813 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 816 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 816 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 819 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 820 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 820 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 822 days Are NFTs About To Take Over Gaming?
Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

GoldMoney

GoldMoney

GoldMoney

GoldMoney is based in Jersey, one of the British Channel Islands, which has a long-standing tradition of respecting private property. GoldMoney's shareholders are comprised mainly…

Contact Author

Ron Hera

Ron Hera

Ron Hera, who is the founder of Hera Research, LLC and the principal author of the Hera Research Newsletter, holds a master's degree from Stanford…

Contact Author

  1. Home
  2. Markets
  3. Other

Ron Hera and Alasdair Macleod On Why Gold Will Reemerge as a Safe Haven

Ron Hera, founder of Hera research, and the GoldMoney Foundation's Alasdair Macleod discuss mining stock valuations, the continuing economic decline across much of the developed world, and how gold will reemerge as the ultimate safe haven asset.

They also discuss the outlook for gold and silver mining stocks. Although the gold price has dropped recently, it has not been that big a drop in percentage terms, in contrast to gold mining stocks - with the shares of some mid-range and smaller gold producers having dropped by over 50% from their 52 week high.

Hera and Macleod note that the recent US dollar rally is the mirror image of the euro's decline, and expect the dollar rally to run out of steam shortly. Hera expects that in the coming years more and more people will realise that gold is ultimate safe haven asset, and argues that the US economic recovery is built on sand.

This podcast was recorded on May 16 2012 at the Hard Assets Investment Conference in New York.

 

 

Back to homepage

Leave a comment

Leave a comment