When the ‘nuclear triggers are dusted off’, own this asset for protection – Randy Smallwood

Video: Randy Smallwood, CEO of Wheaton Precious Metals, discusses the best safe-haven play in time of extreme geopolitical uncertainty with Michelle Makori, editor-in-chief of Kitco News on the sidelines of the BMO Global Metals and Mining Conference.

When it comes to assets to own in times of extreme geopolitical uncertainty in the world, there is only one that acts as the ultimate store of value, and that is gold, said Randy Smallwood, CEO of Wheaton Precious Metals.

Smallwood told Michelle Makori, editor-in-chief of Kitco News on the sidelines of the BMO Global Metals and Mining Conference that markets have so far been rather complacent in regards to the threat of nuclear war.

His comments come as Russian President Putin threatened the West with "consequences greater than any you have faced in history" should any nation intervene with his invasion of Ukraine. Read More

Source: Kitco News

Timestamp:

0:00 - Russia/Ukraine

4:17 - Precious metals

5:30 - Monetary policy

6:30 - Gold price outlook

7:55 - World Gold Council

10:33 - Silver

15:10 - PGMs

16:23 - Best metal to protect against war

17:51 - Wheat Precious Metals

Disclaimer: This article and video are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or any other advice.