SmarterMarkets™ Gold for the 21st Century Episode 5 | Gregor Gregersen, Founder, Silver Bullion Group
16 snips
Apr 26, 2025 Gregor Gregersen, the visionary Founder of Silver Bullion Group, dives into the crucial role of gold and precious metals for wealth protection in today's economy. He shares insights from his experiences during the 2008 financial crisis, highlighting the need for reliable physical infrastructure and trust in financial systems. Gregersen also discusses Singapore's emerging status as a business hub and explores the shifting dynamics in the gold market amid global tensions, showcasing innovative verification techniques to combat counterfeiting.
AI Snips
Chapters
Transcript
Episode notes
Crisis Sparks Gold Passion
- Gregor Gregersen experienced firsthand the 2008 financial crisis as a senior data architect at Commerzbank in Germany.
- He realized the importance of physical gold and silver for removing counterparty risk when trust in banks collapses.
Build Trustworthy Gold Storage
- Build local vaults with transparent contracts excluding mysterious disappearance and force majeure to remove counterparty and jurisdictional risks.
- Use non-destructive multi-test verification to guarantee real physical gold, standing behind the product.
Understanding Mysterious Disappearance
- Mysterious disappearance insurance excludes losses where the cause cannot be proven or documented, like inventory miscounts.
- To insure such risks, insurers require strict systems and checks to minimize potential errors or losses.