In this conversation with Simon Marcotte, former CEO of Northern Superior Resources following its $375 million acquisition by IAMGOLD, we revisit his long-standing $30,000 gold thesis and why he says nothing has changed in his outlook.
Simon explains why he believes 2027 could become a major turning point for gold as the Fed moves away from its current hawkish stance, why massive U.S. deficits and the approaching debt ceiling matter, and how pressure on long-term Treasury yields could eventually force further monetary intervention. We also discuss why Chinese investors have played such an important role in the gold rally, why he believes gold has now found a bottom, and how renewed Chinese liquidity could help restart the debasement trade.
Simon also gives his view on the changing relationship between Saudi Arabia and the U.S., what it could mean for the petrodollar system, and why he believes AI ultimately strengthens rather than undermines the long-term case for hard assets like gold.
