Pessimism about China is unfounded. Consumption of metals continues to increase, but investors, despite getting their expectation of higher demand correct, end up over-supplying the market. We have over-globalised and a correction had to happen.
Watch the full discussion below:
Key Takeaways
- Why pessimism about China’s economy is unfounded
- Continued increase in metals consumption despite market sentiment
- How investors over-supply the market despite correctly anticipating demand
- The effects of over-globalisation and the necessary market correction
- What record gold prices signal about the current global economic environment