Buy Gold As An Insurance Policy

Aug. 03, 2018 4:15 PM ET9 Comments1 Like
Gregor Gregersen profile picture
Gregor Gregersen


  • Gold to silver ratios (crustal abundance, production, price) are out of whack.
  • Rarity of large gold deposit discoveries and primary silver mines.
  • Buy physical gold as an insurance policy against systemic crises.

SBTV's latest guest is Mickey Fulp a.k.a the Mercenary Geologist. Given his geology experience, we asked him about the disparity between the gold and silver crustal abundance ratio, production ratio and the price ratio. We also covered the issue of peak gold in gold mining, the rarity of silver mines and the negative correlation between the US dollar and the gold price.

Discussed in this interview:

  • 03:50 Gold to silver crustal abundance ratio.
  • 06:04 Gold to silver production ratio.
  • 08:17 Top challenges for gold miners.
  • 09:46 Time frame from exploration to production.
  • 13:00 Huge gold deposits are rarer today.
  • 16:40 How real is peak gold?
  • 19:47 Peak oil did not happen.
  • 23:14 How rare are primary silver mines?
  • 26:54 Impact of electric vehicles on lead & silver.
  • 29:45 Correlation between US dollar and gold price.
  • 35:29 Low gold prices is a buying opportunity.
  • 37:05 Behavior of a bull market.
  • 40:56 Gold not an investment, it's an insurance policy.

This article was written by

Gregor Gregersen profile picture
Gregor Gregersen is the founder and CEO of Silver Bullion Pte Ltd and its subsidiary, the Safe House SG Pte Ltd. Originally from Germany and having lived all over Europe and US, Gregor understood how dependent the Western world has become on money printing to fund otherwise unsustainable debts. It led him to seek permanent refuge in Singapore and found Silver Bullion. As CEO of Silver Bullion, Gregor leads the team to ensure that all legal, jurisdictional, counterparty, insurance, authentication and physical security issues are addressed so as to provide bullion owners the worldwide safest place to store silver and gold. In 2018, Silver Bullion clients are also able to buy and store cobalt and nickel with the company in Singapore.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

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