Bloomberg TV: Gold & Edelmetalle auf Erholungskurs?

Christian Takushi auf Bloomberg TV: Gold & Edelmetalle (Gold & Precious Metals, 22 min) from Revivalist Films on Vimeo.

Bloomberg TV from Frankfurt: Monika Rziha interviews Alfred Grusch (fund manager) from Kapital Invest and Christian Takushi (economist/fund manager) from Swissca about the severe price decline of Gold and the renewed interest in other precious metals like Silver.

While Mr. Grusch sees new demand for gold, Mr. Takushi sees no other precious metal in a position to overtake gold and industry consolidation (as positive signs). The price of gold has experienced a severe decline and now even Central Banks are publicly adding to the selling pressure by committing to selling off parts of their gold reserves. Despite the prevalent negative sentiment on gold, both experts believe gold will not sell off, but rather recover again.