By John Butler Bilal Hafeez 03-04-2020
In: hive-podcasts | Commodities

Ep. 3: John Butler On Why Gold Could Go To $5,000

(1 min read)
Resize text:


In this episode, I have a conversation with one of the leading experts on gold, John Butler. He’s has spent 25 years in the financial industry, worked at some of the top banks and has even written a book on gold (The Golden Revolution). In the podcast, we talk about:

• Valuation frameworks for gold

• The relationship between oil and real interest rates with gold

• The insurance properties of gold

• How gold behaves around regime changes in political and monetary systems

• Comparisons between gold and bitcoin

• Projections for gold in the next few years.


It’s a great discussion, so please enjoy

You can read some of John’s work here:

Gold: A Modern Investment Framework For An Ancient Asset

Gold: A Modern Investment Framework For An Ancient Asset, Part II

Gold: A Modern Investment Framework For An Ancient Asset, Part III

Coronavirus: A Stagflationary Supply Shock?


Make sure to subscribe to the show on Apple, Spotify or wherever you go for your podcasts.

You can follow us on Twitter and LinkedIn

John Butler has 25 years experience in international finance. He has served as a Managing Director for bulge-bracket investment banks on both sides of the Atlantic in research, strategy, asset allocation and product development roles, including at Deutsche Bank and Lehman Brothers.



(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)



For access to our Slack Chat Room, where we discuss all things markets with our researchers and subscribers



FOMC Preview: The Market Is Short Growth and Short FAIT (3 min read)

By Jon Turek | Jul 26, 2021
Following the recent bond market rally, there is an interesting disconnect between market pricing and market narrative. The market...

ECB: New Language, Same Policy Stance (2 min read)

By Caroline Grady | Jul 22, 2021
The ECB’s first meeting post strategy review produced no policy surprises. The central bank adjusted forward guidance on interest rates...

Six Myths About Brazil and the Market Implications (1 min read)

By John Welch | Jul 19, 2021
Local and international press paint Brazil in the throes of never-ending crises, between COVID-19, spiralling fiscal deficits and debt...