Why Central Banks Are Hoarding Gold | Chris Mancini

What’s the safer investment, Bitcoin or gold? Chris Mancini of Gabelli Funds breaks down why gold might be your safest investment and why central banks are stocking up on physical gold amid economic uncertainty.
In this episode, James Connor speaks with Chris Mancini, Associate Portfolio Manager of the Gabelli Gold Fund.
Chris breaks down why he thinks investors should consider gold and gold equities as a crucial part of their portfolios, especially during times of economic uncertainty.
Discover why central banks are aggressively buying gold, the potential for stagflation, the ongoing debate between gold and Bitcoin as a store of value and more!
If you would like to learn more about purchasing gold, how to own it and store, consider visiting our sister company HardAssetsAlliance.com for more!
Did you like this episode? Check out Chris Mancini’s recent interview with Sean Boyd, the chairman of Agnico-Eagle Mines linked here: • Agnico's Sean Boyd Dis...
Hit the like button and let us know what you want to see in future episodes in the comments!
TIMESTAMPS:
00:00 - Introduction
02:15 - Why Should Investors Allocate to Gold?
03:34 - Stagflation Possibility
04:58 - Central Banks Buying Gold
06:40 - Investor Interest in Gold
07:34 - Long-term Target Price for Gold
08:48 - Views on Silver
10:58 - Why Silver is Underperforming
14:04 - Valuations and Equities
16:13 - Geopolitical Elements in Gold Production
18:26 - Gold Price Factoring in Equities
20:17 - Central Bank Buying and Price Stability
21:14 - Gold vs. Bitcoin
23:24 - Younger Generation and Investing
24:34 - Bitcoin vs. Gold Performance
28:07 - Costco Selling Gold
30:35 - Closing Remarks
#gold #centralbank #investing #wealthbuilding #podcast #bitcoin #economy
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[@Wealthion]

If you would like to learn more about purchasing gold, how to own it and store, consider visiting our sister company HardAssetsAlliance.com for more!

[@bennyboy5374]

9:50 no american retailers don't buy silver because it feels nicer to hold but because silver is needed for so much more things then gold. All electronics(soldering got 3% silver), solar panels, EV, laptops, smartphones, everything use silver, thats why we buy silver. Not because it feels nicer to hold.

[@JM-gu3tx]

"There is a lot of champions behind it..."? "The are a lot of champions behind it." Subject-verb agreement was missing.

[@dougashton2607]

Gold is congealed ENERGY
Bitcoin requires constant ENERGY.

[@JohnRuhlJr-wf1on]

Gold and silver are real assets, not some imaginary number on an electronic screen !!

[@Lukky_Luke]

whats the name of the game, sounds liek a gmame when one learn TA

[@thesolitaryadventurer]

Talk your book much?
Ever think the Chinese AR happy to let consumers buy gold because it is easily confiscatable when the time comes.