Gold and Silver Dealer Reveals What He's Seeing on the Demand Side: Patrick Yip

Director of Business Development at APMEX and OneGold Patrick Yip provides insight into retail buying of gold and silver, and what he sees might surprise you. Patrick also discusses the advent of digital allocated gold and silver using blockchain technology, and whether this could help usher in a new gold standard.

OneGold: https://onegold.com
APMEX: https://apmex.com
Bullion Card: https://thebullioncard.onegold.com

Follow me on Twitter: https://twitter.com/jessebday

Disclaimer: Commodity Culture was compensated by OneGold / APMEX for producing this interview. Nothing contained in this video is to be construed as investment advice, do you own due diligence.

00:00 Introduction
00:22 Patrick Yip Origin Story
02:18 Macro Outlook for Gold & Silver
05:07 Retail Demand for Gold & Silver
07:14 Outflow From ETFs
09:20 Central Bank Gold Buying
11:06 Silver Supply Constraints
14:02 Are Precious Metals an Investment?
16:05 OneGold Platform
19:06 Taking Delivery of Digital Gold
21:36 Digital Gold and Sound Money
23:26 Precious Metals Credit Card
25:02 Cryptocurrencies VS Digital Gold

#gold #silver #preciousmetals