Physical Gold Demand “Very, Very Strong” — LBMA Conference Wrap Up w/ Mark Yaxley


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This interview was filmed on October 20, 2022.

Physical demand for gold is “very, very strong,” but western buyers seem to have missed the memo. Mark Yaxley of bullion dealer SWP said that people in eastern countries like China and India are taking advantage of low prices to snap the yellow metal up.

“My advice … to my clients, who are mostly Canadians and Americans, is maybe you should be mirroring eastern investors and taking advantage of these dips at this price level,” he commented, noting that westerners tend to wait until prices rise to buy.

#Investing #Gold #Silver

0:00 – Intro
0:32 – Sentiment positive at the LBMA event
1:44 – Physical demand “very, very strong”
5:10 – Western investors missing out on a sale
7:52 – ESG in focus, still a long way to go
12:36 – Mining industry pursuing new tech
14:25 – Gold, silver price expectations
18:33 – Outro

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SWP website: http://www.swpcayman.com

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About Inside The Vault:
Expert tips on gold and silver delivered to you directly from inside Strategic Wealth Preservation’s Cayman Islands gold vault. This exclusive series provides investors with insights and education about a variety of topics related to owning precious metals:

Coins vs Bars – Gold vs Silver – Which one should I buy?
Gold vs Silver – Which metal is better to own?
Travelling With Precious Metals – Tips for the airports and customs
Shipping Gold and Silver – How to prepare a package for shipment?
Testing Precious Metals – Five ways to avoid fakes
Testing Gold Bars with PAMP Suisse’s Veriscan authentication technology
Home Storage vs. Offshore Storage – How much should I keep at home?
Collecting Rare Coins – Expert advice on collecting gold coins
Storing Gold and Silver – At home, at the bank and in a secure storage facility
Going Global – Owning gold and silver offshore

Join host Mark Yaxley, as he takes you inside SWP’s Cayman Islands vault, and shares his expert knowledge with you.

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SWP website: http://www.swpcayman.com

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