This Country is going for GOLD... maybe you should too?

The Property Nomads Podcast

Rob talks about the surprising trend of countries, including Poland, buying large amounts of gold, focussing on the potential reasons behind this, such as a shift towards a new gold standard and the need for countries to meet the gold to GDP ratio requirement set by the EU.

KEY TAKEAWAYS

• Poland's central bank has been aggressively buying gold in recent years, with the goal of bringing its gold to GDP ratio in line with the eurozone average. This suggests that there may be a potential shift towards a new gold standard in the future.
• The EU has a covert requirement for nations to have a certain amount of gold to their GDP, indicating a possible hidden agenda for a gold standard.
• Gold has an allure and reliability that makes it the ultimate anchor of trust, according to the head of the Dutch Central Bank. This is why central banks and individuals around the world have been buying gold as a means of protecting their wealth.
• The revaluation of gold, based on the world's debt, could potentially lead to a significant increase in its price. Some experts speculate that gold could reach prices as high as $5,000, $10,000, or even $20,000 per ounce.

BEST MOMENTS

"Gold is the ultimate anchor of trust. If the entire financial system collapses, you still have the gold and the gold retains its value."

"The more you read into it, the more you realise this probably, probably not saying it will, but it will probably happen, is that there's going to be a new shift to a gold standard."

"If we shift to a new gold standard, that could then lead to a massive revaluation in gold itself."

"Gold just has this allure to it. It has this aura. And it has this reliability. Gold never lets you down."

VALUABLE RESOURCES

GET YOUR DEVELOPMENT FINANCE HERE:

https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration

SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast

SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast

ABOUT THE HOST

Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ’s.

BOOKS

Property FAQs = https://amzn.to/3MWfcL4

Buy To Let: How To Get Started = https://amzn.to/3genjle

101 Top Property Tips = https://amzn.to/2NxuAQL

WHERE TO FIND US

https://linktr.ee/thepropertynomadspodcast

uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast