Jan Nieuwenhuijs: Central Banks Hoarding Gold
To subscribe to our newsletter and get notified of new shows, please visit http://palisaderadio.com
Tom welcomes Jan Nieuwenhuijs onto the show to discuss the commodity markets, gold, and the problems within central banking.
Jan explains how many issues with the Comex are due to misinterpretations of the data, and so far, he doesn't see any fraud. There are only unsubstantiated rumors that the Comex has failed to deliver.
Futures markets act as a hedge for many players, and it is normal for open interest to be concentrated in the near month. This year's deliveries are higher than in the past, but it's quite normal to see large open interest positions. Jan discusses how speculation on these markets work and why there were many lucrative arbitrage plays early this year.
He discusses central bank's activity and why inflation has yet to appear in the financial system. QE is creating imbalances in the system, and eventually, inflation will appear because central banks are in a dead-end street and can't reverse. Deflation is like kryptonite for central bankers because lower prices result in lower wages, making it more difficult for people to repay debts.
Jan discusses how gold is fairly evenly distributed amongst the world's nations, and why the trend may be toward a new multi-currency system where gold becomes the benchmark standard.
Lastly, Jan explains the strategic secrecy around gold by governments and central banks and the risks to the financial system if they discuss gold openly.
Time Stamp References:
1:25 - Problems in the Comex?
2:20 - Open interest and delivery.
3:30 - No evidence of failure to deliver.
6:15 - Reasons for large open interest.
8:00 - Arbitrage and bullion banks.
11:40 - Optimal gold in your portfolio.
12:20 - Recommends holding some physical.
15:10 - Bitcoin being better than gold.
17:20 - Inflation and currency creation.
20:40 - Why the Fed can't have deflation.
22:50 - ZIRP, NIRP and Bond Bubbles.
25:10 - China, world gold reserves, and treasuries.
28:30 - Europe and a global gold standard.
30:30 - Secrecy of central banks around gold.
36:35 - Could gold go lower?
Guest Links:
Twitter: https://twitter.com/JanGold_
#JanNieuwenhuijs #KoosJanzen #Gold #CentalBanking #Comex #MonetarySystem
-
48:21
Palisades Gold Radio
10 days agoSimon Hunt: Markets, Bonds, and Currencies are Heading for a Last Hurrah as the Risk of War Grows
5161 -
20:10
Degenerate Jay
9 hours ago $7.18 earnedThe PlayStation 5 Pro Is Bad News For Gaming
61.8K14 -
11:47
Colion Noir
21 hours agoKamala Harris Panders To Oprah Saying If Someone Breaks Into My House They Getting Shot
59.5K63 -
14:30
IsaacButterfield
1 day ago $4.19 earnedMy Girlfriend Is Trans But I’m Not Gay
61.6K45 -
5:51
Dr. Nick Zyrowski
1 day agoBerberine, Fat Loss & Your Blood Sugar | Must See!
56.8K10 -
10:23
Sideserf Cake Studio
8 hours ago $1.61 earned2 Easy Hyperreaslitic Cakes YOU Can Make!
63K6 -
13:46
Tactical Advisor
1 day agoCan a Gun This Small Be Any Good? Smith & Wesson Bodyguard 2.0
49.8K9 -
59:51
Trumpet Daily
1 day ago $5.61 earnedWhat Is Kamala Harris Trying to Say? - Trumpet Daily | Sept. 20, 2024
53.8K28 -
1:01:22
The Christopher Prosch Show
22 hours ago $1.31 earnedAre the National Polling Institutions lying to you!??
34.8K5 -
13:34
Ethical Preparedness
22 hours ago $1.81 earnedThe Cannibals Attack: The Fatal Cost He Paid in His Battle Against Marauders -Post Collapse Medicine
31K7