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Gold Is The “Kardashian of Commodities” – Herbert & Keiser Interview Skoyles

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Published : October 26th, 2016
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Category : GoldWire

Max Keiser and Stacy Herbert have interviewed Jan Skoyles to discuss how gold is the “Kardashian of Commodities” and “future-proofing your portfolio with gold”.

Topics covered are

  • Double Down asks Jan Skoyles, of Goldcore.com, if there is enough gold in the world to hedge against a President Trump
  • U.S. Election – Trump and Clinton most hated Presidential candidates in history
  • Goldman Sachs says that gold is a ‘good hedge against politicians’
  • Skoyles says that, in the West, gold is considered ‘the Kardashian of commodities,’ something not taken seriously as an investment — until the likes of Goldman Sachs says it might be so
  • Dubai and Middle East is “environment where people automatically understand gold”
  • Gold reaching new highs in Russian rubles and South African rand and close to new highs in pounds sterling
  • UK media do not cover gold and gold price in sterling so people do not understand
  • Keiser and Herbert point out how gold has value because people believe it has value
  • BBC Newsnight studio has “religious moment” when people are drawn to gold bullion
  • How gold will protect from bail-ins
  • The importance of having outright legal owership and being able to take delivery of individual coins and bars

Listen to interview 

Gold Prices (LBMA AM)

26 Oct: USD 1,273.90, GBP 1,043.45 & EUR 1,166.13 per ounce
25 Oct: USD 1,269.30, GBP 1,037.53 & EUR 1,165.85 per ounce
24 Oct: USD 1,267.00, GBP 1,034.89 & EUR 1,163.61 per ounce
21 Oct: USD 1,263.95, GBP 1,033.79 & EUR 1,160.69 per ounce
20 Oct: USD 1,269.20, GBP 1,034.65 & EUR 1,156.75 per ounce
19 Oct: USD 1,269.75, GBP 1,031.29 & EUR 1,154.97 per ounce
18 Oct: USD 1,261.65, GBP 1,031.15 & EUR 1,145.33 per ounce

Silver Prices (LBMA)

26 Oct: USD 17.66, GBP 14.46 & EUR 16.17 per ounce
25 Oct: USD 17.73, GBP 14.49 & EUR 16.30 per ounce
24 Oct: USD 17.64, GBP 14.41 & EUR 16.19 per ounce
21 Oct: USD 17.51, GBP 14.34 & EUR 16.08 per ounce
20 Oct: USD 17.60, GBP 14.35 & EUR 16.03 per ounce
19 Oct: USD 17.69, GBP 14.38 & EUR 16.11 per ounce
18 Oct: USD 17.65, GBP 14.37 & EUR 16.03 per ounce

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Mark O'Byrne is executive and research director of www.GoldCore.com which he founded in 2003. GoldCore have become one of the leading gold brokers in the world and have over 4,000 clients in over 40 countries and with over $200 million in assets under management and storage.We offer mass affluent, HNW, UHNW and institutional investors including family offices, gold, silver, platinum and palladium bullion in London, Zurich, Singapore, Hong Kong, Dubai and Perth.
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