Рет қаралды 58
In the second of an exclusive series of joint webinars, Edison’s Neil Shah is joined by Lord Ashbourne to discuss findings from his recent thematic report, Why gold is hitting new highs.
This webinar delves into the report’s key findings.
Key themes discussed include:
• Fundamental monetary relationships establish a base value in the low $2,000s/oz.
• Striking parallels with the 1970s real interest rate cycle suggest early stages of a major rebasing.
• Unprecedented central bank buying provides structural support for 15 consecutive years.
• Average all-in sustaining costs at $1,400/oz versus spot price of c $2,700/oz.
• Gold equities historically outperform physical gold by two to five times in bull markets.