저자: MarcFaber · 외국인
요약 보기
트럼프 재정법안은 재정적자를 늘리고 인플레이션을 유발해 나쁘다는 입장이다. 금과 귀금속을 장기 보유 자산으로 권장하며, 백금이 금 대비 122년 최저 수준이라 12~18개월 내 백금이 금보다 비싸질 것으로 본다. 금 가격은 최근 크게 올랐고 조정 가능성도 언급했다.
다듬은 글
Well, I don't see any positive in that bill. I think it will increase the deficit of the United States. And if you look at the reaction of the bond market when the bill was passed, uh the market didn't perceive it as say positive for interest rates to go down. You understand? and Trump both of them are money printers.
They want to print money and they they want to deficit financing because they are populist. So they don't want to tell the people look you have to pay higher taxes for these services and that those services. No, they prefer inflation. And so my view is uh the bill is actually a disaster like like everything Trump touches that the best for him would be to play golf and stay on the golf course and let the economy work on its own.
The only good thing that he does occasionally is to diminish the regulation in America. But otherwise his interventions are very poor and it's impossible for a man of his intellect or for anyone in the world to be a politician domestically and an economist and a central banker and at the same time have a feel for geopolitics how to organize the world and I don't think any country should organize the world because sooner or later you would have an evil leader that would organize it very badly.
So my view is that he has a view of the world that he would be the best federal board reserve board chairman. He would be the best treasury secretary. he would be the best uh ruler of America, decide what people can do and how they should do it and so forth and that he would be the best to organize an international order in the world, right?
You can't be the best at everything. And uh he grossly overestimates his abilities grossly. And uh in this situation aside from making money in life you know you and I we are working and we make money and so uh we want to preserve wealths. So a young person I would tell him look do the same as I did.
I bought every months in my life some gold. uh I tell the bank buy this quantity of ounces of gold every month and just keep them aside because it will keep its value. Now I do not dispute the fact that gold has gone up a lot recently in the last say 12 months or so and that it could come down somewhat, right?
But if it actually as a buyer of stocks and bonds and anything you want to buy when things come down actually you understand if we start today and say every month we're going to buy 1 ounce of gold say we are happy if the price would come down because then we can buy the ounce of gold at a lower price Right now I look at precious metals in terms of physical precious metals which you hold somewhere in a safe deposit box at home or under your bed or you dig a hole in the garden or whatever and you put it there.
and also in terms of mineral shares of mining companies. And I would build my portfolio of gold and precious metals mostly in physical form. But occasionally like say at the turn of the year, gold became very cheap. uh gold shares became very cheap relative to the price of gold, right? And relative to the price of the S&P 500.
Now, we also have three major precious metals, gold, silver, platinum. Latinum and I wrote about this for the last 6 months developed a special situation because as of 3 months ago it was at 122 years low against gold. Wow. In other words, with one ounce of gold, you bought more platinum than ever before in the last 12 years.
And what happens with the price of gold? The price of gold moves say like this and the price of platinum goes above the price of gold occasionally and is then at a discount to the price of gold and now this discount is very wide. Say the price of gold was as of two months ago three more than three times the price of platinum.
Right? And my view is that within 12 months or 18 months we will see platinum selling at a premium to gold. You know the platinum goes it's in in sort of a rocket uh mode going up vertically. Right. So I think that is an opportunity. I would call this actually a life opportunity. You buy something, it has a big upside potential and limited risk.
That would say you buy around $1,400. I think it may drop to I'm not No, I don't think it will, but it could drop to say back to around a,000, right? But at the same time, my view would be it's been there before. It could go to twice the price of gold. I'm not I'm not projecting that, but I think it will go back to the price of
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