Goldbug

A Swiss financial news platform published an interview with me on their site, where I stated that:

• Gold inhibits the function of asset protection in times of crisis
• Gold bullion coins are a mean of payment in times of an extreme crisis when our financial system is not working. Because they are traded at big premium they are not attractive.
• We therefore recommend to hold 5-10% of your assets in physically backed gold etfs.
• Other commodities/precious metals are following other economic drivers (different from asset protection), and are mostly not physically backed (massive performance difference in regard to underlying).