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Podcast: Hedgeye Podcasts
Episode: Ep. 31 - Real Conversations: Stefan Wieler - A Deep Dive on What’s Next with a Top Commodities Strategist
Description: Most investors will dismissively tell you gold prices are entirely driven by greed and fear, and that the only way gold works as an investable asset is if the world ends.That’s simple-minded. Gold is a stable store of value. It’s money.“If you saved in gold over the past 20 to 25 years rather than any currency anywhere in the world, gold has outperformed all these currencies,” says Stefan Wieler, Vice President of Goldmoney. Wieler continues:“We don’t think that gold will make you rich but it will help you retain your purchasing power. So yes it has gone up seve...