Asia's Richest Man Is "Aggressively Adding Direct Exposure To Gold"

Tyler Durden's picture

Authored by Mac Slavo via SHTFplan.com,

The world is awash in crisis with wars looming, economies crashing and revolutions brewing. Doomsday bunkers sales are soaring and individuals from coast to coast are getting ready for whatever tomorrow may bring. Moreover, even governments like China and Russia are preparing, having gone so far as to create their own exchange mechanism to trade directly with gold in the event of a global currency crisis or financial meltdown.

But it’s not just governments who have taken notice of the problems facing the globe. According to Gold Mining Chairman Amir Adnani and Sprott U.S. Holdings CEO Rick Rule, some of the biggest billionaire investors on the planet are actively seeking out precious metals like gold as wealth protection insurance amid the uncertainty of the current geo-political climate.

In a recent interview with SGT Report, Adnani explains that several super wealthy individuals with whom he works very closely, including mainland China’s biggest billionaire investor and the richest man in all of Asia Li Ka-shing, have a renewed and urgent interest in diversifying their assets into both, gold mining firms and the physical asset itself:

This individual’s net worth is about $35 billion… For the first time in a number of years of working with his team when it comes to investments in commodities that they believe were important to the strategic growth of China… for the first time they are looking for gold related investments.

 

The comment from the person heading this initiative for Li Ka-shing is very interesting… His right had man said to me ‘He’s not just looking for investing in gold mines… he literally wants to find more ways to take physical gold back to Hong Kong and have that exposure.’

 

This is the largest individual investor in mainland China and I tell you over the last few years of having worked with him on the energy side, this is the first time I have seen him so aggressively looking for gold related opportunities.

In the full interview, insiders Amir Adnani and Rick Rule share their experiences working with others large investors, current strategies and expectations of what’s to come:


(Watch at Youtube)

The reason for why these high net worth individuals are rapidly moving into gold related assets, notes Adnani, is that they are not necessarily all that concerned with the current price and how high it may go in the future, but rather, because precious metals are backed with thousands of years of evidence that they are the asset of last resort during crisis:

That’s one… the second one… we’re very fortunate at Gold Mining… one of the board members of our company who has been a founder of the company since day one is a Brazilian billionaire by the name of Mario Garnero…

 

When I look at the level of interest that his organization has in terms of wanting that direct exposure to gold… I talked to them about why they are looking at this…

 

They’re focused on one factor that we seldom think about… We’re so fixated on price of gold… what they’re focused on… what the super wealthy are focused on… what the billionaires are focused on… is the fact that gold plays that hedge in your portfolio… that’s it’s the insurance in the portfolio…

 

It may not necessarily be as critical to think whether it’s $1200 an ounce or $1300… we fixate so much on the price… and we forget that irrespective of what it’s trading at on any given day it’s meant to be an insurance policy… it’s meant to be protection of wealth and preservation of wealth…

 

It’s a great reminder when you look at the first trading day after Brexit… I remember looking at my own portoflio.. and looking at the market… and everything is red… the Dow is down over 500 points… the only thing up are gold stocks…

But while insurance and wealth preservation are the key motivating factor for the super wealthy, another billionaire, Sprott U.S. Holdings CEO Rick Rule, says that even a tiny boost in investor demand could drive prices to new highs from here as investors stampede into hard asset stocks and physical holdings as the current bull market gains steam:

Let me give you a startling statistic that tells you what an awakening might do… physical precious metals, certificated precious metals, and precious metals equities occupy about one-third of one percent of the savings and investment assets of the United States.

 

The corresponding number at the top of the last bull market.. real bull market in 1981… was 8%…

 

One third of 1% now… 8% at the top.

 

I’m not suggesting to you that gold and precious metals related investments will ever get back to 8% but I would suggest to you that they will, in this bull market, approach the three decade median, which was 1.5%.

 

If that occurred, you would see a more than four-fold increase in demand for precious metals and precious metals related equities… I think that could be reasonably dramatic.

 

I am not one of these doom and gloom guys who says that gold is going win the war against the U.S. dollar.

 

But if gold lost the war a little less badly… in other words, if gold and gold equities market shares got up to 1.5% of the investment savings matrix of the United States, that would represent a four-fold increase in demand.

The world is primed for a serious, potentially devastating collapse of life as we know it. That may come with war, economic collapse, or both simultaneously. What we know from history is that those who prepared ahead of time and understood the ramifications of such events were positioned to not only survive, but thrive.

The high net worth individuals who are moving into gold related assets see the writing on the wall, and they are positioning themselves now to ensure their wealth will be preserved.

We strongly encourage you to do the same.

 

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Uchtdorf's picture

From the article: "including mainland China’s biggest billionaire investor and the richest man in all of Asia Li Ka-shing"

 

I bet his real name is Li Cha-ching.

Sanity Bear's picture

Sounds like he is looking for a Pan Galactic Gargle Blaster.

Kotzbomber747's picture

He's probably just a gvmt proxy.

tuetenueggel's picture

Did you join Mrs. Kotzmürksel on her flight to Drump ?

OK. checked. How can you make Mrs Kotzmürksel laugh ?

Turn her upside down.

 

Mr 9x19's picture

you lost me at " authored by mac slavo "

crakerman's picture

Probably nothing

Blue Snowflake's picture

MMoonman! Wazzzzzup?! Been missing you in chat

 

Wrt the article? Tldr

natxlaw's picture

GLDF did not do bad today, up 7%. I cashed my initial stake in that one, but after it hit a buck and a half (having bought at .47 when it was Brazill Natural Resources). It'll go to 100+ if the U.S. dollar is ever replaced as the global currency. Right now, the dollar still the prettiest girl at the ugly contest.

 

I waste a lot of time on ZH, but it's worth it when they put me on to something like GLDF.

sinbad2's picture

I bought a $50(face value) half ounce gold coin.

newbie vampire's picture

I believe gold will be more valuable than any currency currently in existence.

However, in the event of a nuclear conflict, some countries may only survive in a dysfunctional state.

What is the price for gold or any commodity when markets cease to exist ?

TimeIsTheFire's picture

It already is more valuable than any currency and has been for some time.... by about a factor of 1000 or so. And if it's a currency (rather than commodity) it doesn't need a market price, just purchase power.

HillaryOdor's picture

Comparing an ounce of gold to a unit of currency is ridiculous and arbitrary, just like comparing 1oz to 1btc.  Why not a gram?  Why not a pound?  Why not an atom?  Just because gold is usually priced in ounces doesn't make that one "unit" of gold.  You can cut it in half and it retains the same value. 

Comparing market capitalization of gold and USD is not even close.  USD wins bigly, which is why gold must be repriced much higher.

tuetenueggel's picture

Peace > war > destruction > nuclear contamination > cleaning > population again > money needed > gold-silver.

GunnerySgtHartman's picture

What is the price for gold or any commodity when markets cease to exist?

Whatever the price is, it will be worth more than fiat.

sinbad2's picture

China can destroy the global fiat system anytime it wants, but that would mean seriously damaging the Chinese economy, so they have held off.

At some point the military threat from the American regime will outweigh the economic threat.

The Trump regime's threat to nuke North Korea might be enough for the Chinese Government to decide now is the time to economically destroy the US, to stop the rabid American war machine permanently.

This guy would have good intel, maybe he knows China intends to pull the pin?

Socratic Dog's picture

What the fuck would a high net worth individual know?

Now if he was a rich cunt, that would be different.  But he's not, he's only a high net worth individual.

The next time I hear that phrase I'm going to punch someone in the mouth.  Why do these fuckers have to bastardize the English language so?

peterk's picture

nations frequently  devalue  AFTER going to WAR, like after Vietnam, the US  basically defaulted by removing the  gold peg to the $US. The reason for the default is offcourse DEBT.

This time, the US has  alot of DEBT already , same  as a % of GPD as it was AFTER WW2.

So yes, gold will go up in $US terms, but thats devaulutaion, and NOT a GOLD bull market.

A gold  bull market can only come at the expense of  a collapsing  financial secor,  so gold is a hedge against

credit risk of the  financial sysytem.. not  ever has it been an inflation hedge...  thats a financial myth.

In a WAR the $US will  go up, so look for  gold to COLLAPSE FIRST to 50% where it is today.

 

Redhotfill's picture

Uhm yeah ASS-u-me' n that the US isn't on fire... I knew we would have problems when I heard that in  Army basic training the snowflakes could call a time out in the 1990's rather than a DI jump their shit.  There is a reason we cant fucking take a shithole like Iraq or Afghanistan ...  The capable part of our force is growing smaller. Especially now with G.I.Janes everywhere.  The stupid cunts I was forced to slaute in the early 90's in O-5 slots scared me then. Can't imagine it has improved any.

HowdyDoody's picture

"There is a reason we cant fucking take a shithole like Iraq or Afghanistan"

The main reason is that they are not a national security threat to the US. The wars don't and won't end because they are just profit centers for the MIC.

SoilMyselfRotten's picture

In a WAR the $US will  go up

 

...if it wins

Redhotfill's picture

"exposure" lol makes it sound like he goes into the vault naked.

J. Peasemold Gruntfuttock's picture

"exposure" lol makes it sound like he goes into the vault naked.

 

You haven't been peeking in my bedroom window again have you RHF?

But by a remarkable coincidence you have discovered, by proxy, my good lady wife's secrect gold stash!

You see Buttercup had fashioned a solid Au dildo, life size, and I am proud to say she asked for the cast to made from my member.

In times of trouble, home invasion, or para-military police incursion she is quickly able to secrete an enormous store of wealth in a warm and moist cavern where few would dare to tread, and let me assure you I have first hand (and, on occasion second hand) experience of that capacious and endless tunnel of love.

So there you have it, my wifey is a RedHotFill personified, and in a most efficatious manner.

J. Peasemold Gruntfuttock

Megaton Jim's picture

What an idiot! Doesn't he know that gold is a barbarous relic?!?

CHX13's picture

Ultimately, gold will back again all fiat money, but WITHOUT a gold standard. As they inflate everything, everything will go up - stocks, bonds et al., but gold will surpass them all by many many multiples. It will not trade up, it will gap up as nobody will be willing to sell fizz, and nobody will want the CONeX paper. Golden fireworks are in the making.

williambanzai7's picture

Li Ka Shing is from Hong Kong not Mainland China and according to Forbes he is no longer Asias richest man.

Get your facts straight.

2500saturdays's picture

An insurance policy with a one time premium.

Not annual.

You can make it annual for additional coverage.

Maestro Maestro's picture

Worse than the bankers rigging gold and silver prices and not having the gold that they sold you (or selling gold that they don't have via fraudulent COMEX Futures contracts) is the fact that we don't even have MONEY today.  Therefore all financial transactions and economic numbers predicated on the existence of money are FRAUD and FORGERIES presently.

Electronic digits and paper fiat currencies in use today are NOT money, according to the law of the country that issues the reserve currency of the world, the US Dollar (Article 1, Section 10 of the US Constitution); or by the tenets of the science of Economics (i.e., fiat currencies are not money because they are not a store of value nor a unit of account due to the fact that NOT ONE fiat currency's value is actually determined or stipulated in concrete legal terms).  Dollars and Euros and Yens are not even lawfully DEFINED as to what they all are exactly; what their economic worth and transactional value is. Hence, fiat currencies simply cannot constitute the legal foundation of any lawful contract!

(Also, there cannot be either inflation nor deflation in the ABSENCE of money.  Both inflation and deflation are monetary events which cannot take place where there literally is no money.)

What we have today is massive GLOBAL FRAUD mascarading as a monetary system based on the (fraudulent) US dollar because all fiat currencies are basically only a derivative of the US dollar, including the Euro, the Yen, the Yuan, the Rouble, the Shekel and the Riyal.

Furthermore,

Why do a few people get the right to print fake fiat money out of nothing and buy your goods and  services with it whereas you have to WORK to obtain the same worthless money created out of nothing?

THAT is the question at the heart of the matter.  That the bankers manipulate interest rates or the price of gold via fraudulent Futures trading (by selling gold that they don't have) with fiat money is a moot point.

To put it differently: why do the bankers get to have anything that they want without working for it and you, you don't?

All this talk about market rigging, monetary theory and fraudulent (paper) gold trading is a cover-up for INJUSTICE.

The US Constitution FORBIDS the use of debt as money; the US Constitution proscribes (debt) notes which is what the US dollar is presently.  Think, all other currencies are just another name for the US Dollar.

What passes for money today is a CRIME, no more no less.

 
People,

You are all aiding and abetting this crime every time you buy, sell, pay or get paid.

And then you ask, Why our leaders, the politicians, the bankers, and our military men and women are EVIL?

The answer is, because they are just like YOU. They are your sons and daughters.