Global Macro: Tavi Costa on China, Bullion, & The Trade of the Century

Silver and gold close this week a bit higher than last.

The silver spot price is just over $14.60 oz in fiat US dollar terms.

While the spot price of gold is likely to close around the $1,286 oz mark in fully fiat Federal Reserve notes.

The gold-silver ratio remains currently at 88, a more than 26-year high level. The last time the gold-silver ratio hit 90 was in early 1993.

This week we are pleased to welcome a new guest to this bullion podcast. I think you will find his comments on China, the current financial climate, and bullion bullishness insightful.

Tavi Ocosta, from Crescat Capital, will be joining us after this brief message from our show’s sponsor.

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Welcome to this week's Metals & Markets podcast, I am your host James Anderson of SD Bullion.

With us this week, a first time guest to the show, Mr. Otavio Costa, a global macro analyst for Crescat Capital.

Tavi thanks for taking the time, and welcome to the show.

1)
Your background and introduction.

2)
You all’s perspective on gold at the moment?

3)
Other views on possibly other precious metals such as silver, platinum, even palladium.

4)
Bullish gold, there have been fundamental reasons for years to be this way.

Why now especially and timing wise?

5)
What other sectors are you all eyeing and or positioning your investors?

6)
What are your 2020s view on the fiat US dollar versus other major currencies?

Are any fiat currencies other than precious metals that you all deem to be safer havens?

7)
How can people find you, follow your works?

Tavi Ocosta’s twitter handle - https://twitter.com/TaviCosta

Youtube channel - https://www.youtube.com/channel/UCH1gkvmtAWe85N4qHmXlDug

Crescat Capital’s quarterly letters - https://www.crescat.net/perspectives/investor-letters

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Thanks again to Tavi and you listeners out there for tuning in.

Until next week.

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James Anderson
James Anderson
Senior Market Analyst & Content

A bullion buyer years before the 2008 Global Financial Crisis, James Anderson is a grounded precious metals researcher, content creator, and physical investment grade bullion professional. He has authored several Gold & Silver Guides and has been featured on the History Channel, Zero Hedge, Gold-Eagle, Silver Seek, Value Walk and many more. You can pick up Jame's most recent, comprehensive 200+ Page book here at SD Bullion.

Given that repressed commodity values are now near 100-year low level valuations versus large US stocks, James remains convinced investors and savers should buy and maintain a prudent physical bullion position now, before more unfunded promises debase away in the coming decades.