With rising inflation it's time to get into hard assets: Silver, 'gold on steroids'  




In this episode of #FinancialFox, Steffy speaks with Ian Williams, CEO of Charteris Treasury boutique investment manager and precious metals specialist. They discuss currency devaluation, inflation-hedge assets and moves in commodities markets. 




Highlights


============


Rising inflation


The current monetary policy is likely to cause a more permanent inflationary state, says Ian. It is time to get into hard, inflation-hedge assets like gold and other precious metals. 




============


Silver, 'gold on steroids'


Silver is the big winner in the commodities space, says Ian, adding that silver is more volatile allowing for more gains in the near future. Growing industrial demand helps push silver prices up. 




===========


Bitcoin, digital gold?


Ian is more skeptical about cryptocurrencies and how regulation from central authorities can impact the crypto market. Ian also believes that the issues around energy usage can undermine the value of Bitcoin. 




===========


China geopolitical power


Ian comments on China's moves around digital currencies, geopolitical strategies and how it can shift global economic balance. The next years should be crucial to establish China as the new economic superpower.