Interview with ABC Bullion & the World Gold Council

On November 17th, Jordan Eliseo, General Manager ABC Bullion Australia, and Jaspar Crawley, Head of Institutional Sales, APAC ex-China, sat down for a discussion on all things gold and precious metals.
At the time, gold had begun to regain its bullish momentum, breaking out of the funk that had seen it trade down toward USD $1630 oz in early November, in what now looks like the culmination of a two-year corrective period that dates back to late 2020.
Gold has continued to strengthen since the interview, at one point trading back above USD $1,800 oz, with demand continuing to build, though it has since pulled back to USD $1,770oz.

In their discussion, Jordan and Jaspar delved into a range of topics, including

• The key drivers of the gold price rally that took place from early November to the time of the interview

• Why gold hasn’t fallen further in 2022, given the spike in rates and the US dollar that we’ve seen

• The difference between retail demand for physical gold bars and coins, vs the gold ETF market

• The outlook for central bank demand and their importance to the gold market

• The differences between gold and cryptocurrencies, which have become so apparent given Bitcoins’ recent price crash

• Why the ‘correct’ allocation to gold in a portfolio (if any) depends on the individual investor, rather than it being a one size fits all approach

This is a fascinating and timely chat to contextualise market movements that have taken place this year, the outlook for precious metals going forward, and the ongoing role gold can play in a portfolio.

ABC Bullion
Level 6 88 Pitt Street Sydney NSW 2000 Australia | GPO 2435 Sydney NSW 2001
P: +61 2 9231 4511 
E: [email protected] | W: abcbullion.com.au

Disclaimer: This document has been prepared by Australian Bullion Company (NSW) Pty Limited (ABN 82 002 858 602) (ABC). The information contained in this document or internet related link (collectively, Document) is of a general nature and is provided for information purposes only. It is not intended to constitute advice, nor to influence any person in making a decision in relation to any precious metal or related product. To the extent that any advice is provided in this Document, it is general advice only and has been prepared without taking into account your objectives, financial situation or needs (your Personal Circumstances). Before acting on any such general advice, we recommend that you obtain professional advice and consider the appropriateness of the advice having regard to your Personal Circumstances. If the advice relates to the acquisition, or possible acquisition of any precious metal or related product, you should obtain independent professional advice before making any decision about whether to acquire it. Although the information and opinions contained in this document are based on sources we believe to be reliable, to the extent permitted by law, ABC and its associated entities do not warrant, represent or guarantee, expressly or impliedly, that the information contained in this document is accurate, complete, reliable or current. The information is subject to change without notice and we are under no obligation to update it. Past performance is not a reliable indicator of future performance. If you intend to rely on the information, you should independently verify and assess the accuracy and completeness and obtain professional advice regarding its suitability for your Personal Circumstances. To the extent possible, ABC, its associated entities, and any of its or their officers, employees and agents accepts no liability for any loss or damage relating to any use or reliance on the information in this document. It is intended for the use of ABC clients and may not be distributed or reproduced without consent. © Australian Bullion Company (NSW) Pty Limited 2020.

Important Notice: This message and its attachments are confidential and may contain information which is protected by copyright. It is intended solely for the named addressee. If you are not the authorised recipient (or responsible for delivery of the message to the authorised recipient), you must not use, disclose, print, copy or deliver this message or its attachments to anyone. If you receive this email in error, please contact the sender immediately and permanently delete this message and its attachments from your system. Any content of this message and its attachments that does not relate to the official business of any member of the Pallion group of companies must be taken not to have been sent or endorsed by it. No representation is made that this email or its attachments are without defect or that the contents express views other than those of the sender.