Oct 22, 2019 Guest(s): Trey Reik Managing Member, Bristol Gold Group
When it comes to gold's price performance, while monetary policy is an important driver, the long-term key force remains the overall debt to gross domestic product (GDP) ratio, this according to Trey Reik, managing member of Bristol Gold Group.
"In my view, gold's all about monetary imbalances. If I can reduce the whole gold thesis to one chart it would be debt to GDP, and we haven't accomplished any deleveraging in the United States," Reik told Kitco News on the sidelines of the 121 Mining investment Conference in New York.