In this episode, Robert Snijder van Wissenkerke talks to Frank Knopers, also known from Geotrendlines. Frank gives his analysis on the lower Gold price And what role higher interest rates play in this. At the same time, a situation has arisen that people in China pay more for physical gold than we do in the West. He explains where this situation comes from. Robert then asks if there is a manipulation of the gold market.
Frank addresses this by mentioning the difference between the paper and physical gold markets. He outlines a situation comparable to a 'bank run' in which people lose confidence in paper gold and the physical gold price can rise sharply. Finally, Robert and Frank discuss the oft-heard term 'soft landing', a scenario in which inflation will fall, the economy will continue to perform well and interest rates can or will stabilize again. Frank indicates that the current situation is significantly different from that in 2008. Which raises the question of whether a soft landing is really a possibility?