Rob talks about the surprising trend of countries, including Poland, buying large amounts of gold, focussing on the potential reasons behind this, such as a shift towards a new gold standard and the need for countries to meet the gold to GDP ratio requirement set by the EU.
KEY TAKEAWAYS
BEST MOMENTS
"Gold is the ultimate anchor of trust. If the entire financial system collapses, you still have the gold and the gold retains its value."
"The more you read into it, the more you realise this probably, probably not saying it will, but it will probably happen, is that there's going to be a new shift to a gold standard."
"If we shift to a new gold standard, that could then lead to a massive revaluation in gold itself."
"Gold just has this allure to it. It has this aura. And it has this reliability. Gold never lets you down."
VALUABLE RESOURCES
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ABOUT THE HOST
Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s.
BOOKS
Property FAQs = https://amzn.to/3MWfcL4
Buy To Let: How To Get Started = https://amzn.to/3genjle
101 Top Property Tips = https://amzn.to/2NxuAQL
WHERE TO FIND US