There are different gold bugs out there, and all of them have a very unique outlook on precious metals in general. Dr. Martin Murenbeeld has made a name for himself in this industry through a lot of hard work. Even today, some of his earlier market outlooks still hold a lot of value.
Who is Dr. Martin Murenbeeld?
For those unfamiliar with the name, Martin is well-respected in the precious metals industry. Not just because he runs a very successful firm in this space, but also because of his overall knowledge of the precious metals and the broader financial industry.
Following his graduation from the University of California, Berkeley as a Ph.D. in International Finance, Martin enjoyed a brief stint at the Faculty of Management Studies at the University of Toronto. It did not take him too long to try and go his own way, however.
This effort culminated into founding the M. Murenbeeld & Associates Inc consultancy, which specializes in gold and foreign exchange markets, as well as economic trends. This consultancy also provides the Gold Monitor, Economic Monitor, and Equity and Bond Observer newsletters.
For those who want to gain some insights into this personal work, Dr. Martin Murenbeeld is often found at conferences organized by international mining firms or events tied to economics. You may also come across interviews with him in the media, as he continues to provide insights into how the world’s economy is evolving.
Predicting the Bull Market in 2016
One of the articles by Dr. Martin Murenbeeld that got a lot of attention in 2016 can be found here. In the article, he comments on how gold has entered a bull market in April of that year. Despite expecting some headwinds to push the price down again, the outlook was very bullish, all things considered.
This outlook was strengthened by a World Gold Council report indicating that a market momentum shift had taken place. During Q1 2016, the gold price noted a sharp increase, as well as an increase in demand for ETF bullion.
It was also a time when negative interest rates started to become more apparent. Today, those are nearly unavoidable in any developed country, with no real expectation of improvement.
Advising to Hold in 2018
As it turned out years later, Murenbeeld had made another accurate market assessment. He provided another crucial update on the market in October of 2018, during the Mines and Money Americas conference. After all, the gold price noted some wild swings in the first half of that year, making people wonder if now if the time to sell had come.
Murenbeeld remained confident that late 2018 wasn’t the right time to sell gold. In fact, he advised people to keep acquiring gold if they hadn’t diversified their portfolio prior. Especially those with a diversified portfolio won’t lose out on much if gold notes a bit of a struggle. The other assets in their portfolio tend to appreciate in the same period.
Overall, Murenbeeld remained optimistic about the future of gold. Given how the gold price has evolved in 2020, the advice to keep holding onto one’s diversified portfolio has certainly paid off. With new highs still within reach, continuing to hold may be the only viable course of action.
Many investors remain incredibly bullish on gold. More often than not, they maintain this outlook for years on end. Ben Davies is one of the top fund managers for precious metals and commodities.
The Career of Ben Davies
When a gold bug appears in the media on a rather regular basis, he will always be worth looking into. Ben Davies has become a frequent guest on outlets such as CNBC, Bloomberg, and Sky Business News. All of this interest stems forth from his personal view on the precious metals markets, as well as his professional opinion.
In regards to that latter aspect, Davies is the co-founder and CEO of Hinde Capital. Founding this company came after building up over a dozen years of experience in financial and commodity markets. Previous employers include Credit Lyonnais, Aubrey G Langston & Co, Greenwich Capital, and Blue Sky Capital Australia,.
Following this lengthy career, he founded Hinde Capital and became a partner of Variant Perception. What makes Hinde Capital so interesting is how this investment manager firm pays a lot of attention to gold.
This is evident when looking at the Hinde Gold Fund, which is the primary business venture. Partaking in this fund requires a minimum investment of $100,000.
Through Hinde Gold Fund, investors can hedge their capital against the loss in purchasing power associated with paper money. All of the Fund’s assets are located as physical gold bars stored in Bank Julius Baer vaults in Switzerland.
Ben Davies on Gold
Despite offering the Hinde Gold Fund to investors all over the world, Ben Davies hasn’t always been bullish on gold. It is impossible to maintain a positive outlook on a specific market for years on end. Market sentiment will change over time, whether one wants to deal with it or not.
Back in 2012, Ben Davies made some very interesting gold-related comments. Not only did he confirm that gold would turn a bit bearish that year due to Europe’s economic crisis, but he also offered some hope. Unlike any other asset, gold tends to maintain its purchasing power.
Keeping that in mind, Davies expected gold to eventually hit $6,000 per ounce. Given some of the more recent predictions by analysts, that wouldn’t be an outlandish claim either.
Back in 2012, the sentiment toward precious metals was very different compared to today. As long as Asia remains a big buyer, things will continue to trend higher over time.
Ben Davies on Bubbles
Thanks to all of his expertise in the financial industry, Ben has been able to closely study market patterns. As such, he knows all too well when a bubble is forming. In his opinion, gold has never shown much of a bubble, primarily because it has proven incapable of sustaining a disorderly rise.
To some, that may seem like a negative point. In reality, however, it quickly becomes apparent that gold will not be in a bubble state in the future either. It tends to move up slowly and surely, rather than noting exponential growth out of the blue. Unlike stocks or most commodities, gold and other precious metals are a long-term play.
Among the many gold bulls are ample people who have a soft spot for silver as well. Jim Wilie CB, best known as the “Golden Jackass”, firmly believes that both precious metals will ride off into a successful sunset together.
The Career of Jim Willie
Precious metals enthusiasts and aficionado will have heard of Jim Willie before. He is a very popular analyst of the economy and financial markets. Moreover, his content is often very insightful, catering to both newcomers and industry veterans alike.
During his regular working career, Jim focused on three fields of statistical practice. He worked for multiple firms, including Digital Equipment Corp and Staples HQ. During his stints, he also focused on quality control procedures – some of which are used globally today – and marketing research. Forecasting and sales analysis were added to his repertoire later on.
After leaving the industry, Willie continued to work on his own website, titled Golden Jackass. Most of the content found on this platform touches upon very different topics. Another venture run by Jim is The Hat Trick letter, a subscription-based newsletter service.
Even today, Jim is still active in the financial world, primarily as a writer and analyst. He is happy to share his opinions on gold, silver, and a lot of other topics through various publications. All in all, he is one of the most fascinating individuals in the precious metals industry.
Jim Willie on Gold
There are many intrinsics of the gol market which deserve to be highlighted. Simply looking at a price chart only tells a sliver of the entire story. Jim Willie recently shared some interesting opinions on what is happening to the gold price and what could be happening to it in the very near future.
As one would expect, he expects a big impact due to COVID-19. Several things have changed in the financial sector, although others have remained the exact same. Even today, gold is used in trading and banking reserves. Until that situation changes, keeping the gold price down will prove virtually impossible.
Jim Wille on Silver
In a very recent YouTube interview, Jim Willie gave some very interesting opinions on silver as well. He mentioned how both silver and gold are primed for launch, indicating that the future prices of both precious metals may be much higher compared to where they are today.
Especially silver seems to be in a very good position to push higher. It has industrial use cases which gold doesn’t necessarily have, especially during the post-COVID-19 recovery phase. The coming year and a half will prove rather remarkable for all precious metals. Big things are looming on the horizon.
The amount of people who have seriously high gold price expectations seems to grow year over year. Many moons ago, Shayne McGuire already predicted a price of $10,000 an ounce, a value that still holds merit to many precious metal experts.
The Career of Shayne McGuire
Similar to most gold bugs, McGuire did not necessarily start out in this particular industry. Following his BA in history and political economy, he obtained an MA in History and an MBA in Finance. All of this educational “baggage” paid dividends for McGuire during his professional career.
Speaking of which, the first career move by McGuire comes in the form of being a journalist. In Mexico City, he worked for The news, and primarily reported on NAFTA and deep financial reforms implemented by Salinas. It was a stepping stone for his financial career, which kicked off at Banorte – formerly Afin Case de Bolsa – where he wrote a daily analysis of economic and stock market developments.
Other jobs held by McGuire include working for ING Barings, Deutsche Bank, and working for Teacher Retirement System of Texas. For those unaware, this latter firm is one of the world’s biggest pension funds, and manages over $150 billion in assets.
This latter venture has proven very interesting for Shayne, as he also manages the fund’s Gold Fund since 2009. This further confirms his belief in the world’s leading precious metal, and how it has the potential to appreciate in value beyond imagination.
Shayne McGuire the Gold Bull
Uttering a bullish statement pertaining to the future value of gold is something anyone can do. Offering proper reasons as to why this statement is making sense, is a skill that very few people possess today.
Back in 2008, Shayne McGuire was already expecting big things for gold. This statement came on the heels of the publication of his “Buy Gold Now” book, which hinted at an imminent collapse of traditional finance. The financial crisis later that year proved McGuire right across the board, and further validated why his bullish views on gold should be taken a bit more seriously.
Two and a half years later, McGuire painted another outlook for the world’s leading precious metal. He claimed how the price of gold could surpass $10,000 an ounce in the years to come. So far, this has proven to be a rather optimistic view, yet gold has proven to be incredibly bullish in the past year or two. Given some recent predictions by analysts and experts, the $10,000 target can still come into play in most people’s lifetime.
Shayne McGuire on Silver
Although most people will attribute gold price predictions to Shayne McGuire, he hasn’t overlooked silver either. Back in 2013, he ensured that the Gold Fund under his management would begin buying up silver as well. This diversification of assets is crucial to keep an eye on, especially given the way that silver has moved throughout the first half of 2020.
A lot of people are very bullish on gold as of right now. Others have maintained this outlook for years now, and even turned it into a business. Ned Naylor-Leyland is clearly a gold bug, but he also keeps close tabs on the silver market.
The Life of Ned Naylor-Leyland
In the world of gold, silver, and other precious metals, Ned Naylor-Leyland is a well-known and well-respected name. He has quite the baggage in terms of financial expertise and track record to back up any claims made. With over 17 years of investment experience, Ned has successfully made a living in this cutthroat industry.
Finding a market to focus on is crucial if one wants to be successful in investing. For Naylor-Leyland, the precious metals markets have always been of keen interest. By actively putting money into both gold and silver, he has made a lot of money over the years.
Jobs-wise, Ned has worked for Quilter Cheviot, Smith & Williamson, and so forth. He helped set up a dedicated precious metals fund for Cheviot Asset Management in 2009. At that time, it was clear that traditional finance would continue to pose too many risks, and gold and silver would be the better investment options.
Ned Naylor-Leyland on Silver
A lot of people expected Ned to come out in favor of precious metals in 2019. Representing Merian Global Investors, he confirmed that, in 2019, there were plenty of opportunities for investors keeping tabs on both gold and silver. The year 2019 has been a good year for precious metals all round, and that trend has continued this year, barring some dips along the way.
What made his statement in 2019 all the more remarkable is how Ned expected a better performance by silver compared to gold.
This has always been interesting to keep an eye on, primarily because silver is valued much lower. However, as the year 2020 has shown, silver can be a very resilient metal. It is even appreciating in value when gold comes under a bit of pressure.
Ned Remains Bullish on Gold in 2020
Given the performance of precious metals in 2019 and early 2020, it appears that Ned Naylor-Leyland’s optimism was more than warranted. Silver performed more than adequately. Gold, on the other hand, has shown signs of willing to go much higher, although there is still ample pressure on this market.
During an interview with Morningstar, Ned confirmed that he remains very bullish on gold for the foreseeable future. He even claimed that there is a good chance to see the gold price move higher, although Ned doesn’t offer potential price targets.
Theoretically, gold should have a “strong double-digit annual performance”. What the future will hold for silver, remains to be seen, but there will be some accumulation taking place.