Paul talks with UK-based economist and author Peter Sainsbury. Paul starts by asking Peter how his new book on navigating the daily barrage of information prepared him for the pandemic. The two then discuss whether the global gold market is manipulated and if there is a ceiling on the gold price. Paul and Peter also talk about humans’ innate desire for precious metals and stones, whether the contract-backed-structure of selling diamonds is ideal, where we are in the current commodity cycle, if there will be another “China-like” economic boom in our lifetime, what the super lower interest rate environment means for commodities, and finally, what other assets have a low price-elasticity-of-demand like diamonds.

 

Hosted by: Paul Zimnisky

Guest: Peter Sainsbury

Guest plug: https://materials-risk.com

More information on PZDA’s State of the Diamond Market report: www.paulzimnisky.com/products

 

Show contact: [email protected] or visit www.paulzimnisky.com.

 

Please note that the contents of this podcast includes anecdotes, observations and opinions. The information should not be considered investment or financial advice. Consult your investment professional before making any investment decisions. Please read full disclosure at: www.paulzimnisky.com.