Streaming issues? Report here
Temp 702 logo 1000 x 1000 2020 Temp 702 logo 1000 x 1000 2020
Best of 702
00:00 - 04:00
volume_up
volume_mute

Up Next: Early Breakfast with Africa Melane
See full line-up
Best of 702
00:00 - 04:00
Home
arrow_forward
Absa Insights 2021

Inflation is not dead. Gold will continue to glitter once fear subsides

17 September 2020 11:39 AM

There is just so much money-printing going on in the world right now, says Bevan Jones, CEO of African Source Markets.

Gold is trading at near all-time highs, but will investors lose interest when the crisis wrought by Covid-19 passes?


Related articles:


“Gold has always kept its value ever since the Pharaohs of Kush got theirs from the mines of Ethiopia,” says Bevan Jones, CEO of African Source Markets. “It has rallied on fear but also the sheer amount of quantitative easing that has come into the market. A lot of cryptocurrencies are also backing themselves with gold.

“I have no doubt that it’ll go back above $2000 - before the end of 2020 most likely - and continue going up. It will always keep its value as a hedge against inflation.

“Inflation is not dead. It’s in a deep slumber and it’ll come back like a thief in the night.”

“I understand why people hold onto gold as a store of value,” says Ilja Graulich, Head of Investor Relations and Communications at Tharisa. “I have gold in my portfolio. There’s an allure to it. I’m not sure inflation is dead.”

For more detail, listen or watch the discussion below.

Watch the entire, unedited discussion below.




17 September 2020 11:39 AM

More from Absa Insights 2021

The future of renewable energy is bright

18 February 2021 8:34 AM

The untapped potential of Africa’s treasure trove of natural wealth presents its beneficiaries with a prosperous future, if exploited.

Share this:
Read More arrow_forward

Energy is the gatekeeper to a prosperous future

18 February 2021 8:20 AM

Tackling Africa’s energy crisis starts with policymakers and evidence shows that they’re not moving fast enough.

Share this:
Read More arrow_forward

The race to win the battle of energy storage is on

18 February 2021 8:20 AM

Wherever there is a problem, there is a solution and in the energy sector, a solution is an opportunity.

Share this:
Read More arrow_forward

Coal to gas shift – a major step toward energy stability in SA

18 February 2021 8:19 AM

The market exists and, so does the technology – the question is, who is capable of operating energy storage in South Africa?

Share this:
Read More arrow_forward

Sustainable Energy: A fascinating dynamic for the resources sector

8 February 2021 7:20 AM

Issues such as climate change are no longer “soft” elements that can be tucked away in a sustainability report somewhere.

Share this:
Read More arrow_forward

Fixing “the Eskom problem” is going to require a serious restructure

27 January 2021 6:30 AM

Fixing “the Eskom problem” is going to take much more than just throwing good money at it – Eskom needs to be restructured.

Share this:
Read More arrow_forward

Black Friday taking consumers from bricks to bytes

13 December 2020 7:00 AM

With the Festive season upon us, it is worth unpacking some of the data to better understand exactly how consumers reacted this year.

Share this:
Read More arrow_forward

Consumer goods sector is consolidating - and supply chains are de-globalising

23 October 2020 2:19 PM

The pandemic has hastened much-needed consolidation and made clear the value of bringing supply chains closer to home.

Share this:
Read More arrow_forward

Consumer goods sector: How the next 5 years may play out

22 October 2020 2:17 PM

Covid-19 has changed the consumer goods sector. Some changes will reverse, but others are permanent and may even accelerate.

Share this:
Read More arrow_forward

Covid-19 is shoving retail – and consumers - into the future

21 October 2020 3:10 PM

Along with the pandemic, the future of the consumer goods sector has arrived with a bang.

Share this:
Read More arrow_forward