SmarterMarkets™

We continue Gold for the 21st Century this week with Sakhila Mirza, President of Responsible Gold. David Greely sits down with Sakhila to discuss the role of standards, data, and technology in building an ecosystem of trust for responsible and sustainable gold.

In this special edition, Ben Hunt, author and co-founder of Second Foundation Partners, discusses the evolving role of semantic structures in understanding data. Mark Lewis of Andurand Capital dives into the complexities of the EU emissions trading system and its global implications. Josh Crumb from Abaxx Technologies emphasizes the need for trust infrastructures in today's digital marketplace. Together, they explore the urgent transition to cleaner energy and the transformative impact of technology on market dynamics and sustainability.

Steve Lowe, former Managing Director and Co-Head of Global Base and Precious Metals at Scotiabank, shares his wealth of experience in the gold markets. He discusses the urgent need for market infrastructure and technology to enhance accessibility and trust in gold investments. Lowe highlights the complexities of gold lease rates and their impact on risk management. The conversation also examines the role of gold as a stable asset amidst geopolitical uncertainties and the potential for innovative technologies to transform the gold supply chain.

Michael DiRienzo, President & CEO of The Silver Institute, delves into the critical role of silver in the green economy. He discusses its surging demand in industries like photovoltaics and how it’s evolving in investor portfolios. The conversation uncovers the dynamics between silver and gold markets and highlights current supply deficits. He also addresses the impact of geopolitical tensions and tariffs on the silver market, emphasizing silver's resilience and its potential both industrially and as an investment asset.

In this engaging discussion, Josh Crumb, Founder & CEO of Abaxx Technologies, explores the evolving gold market and its essential role in today’s economy. He shares his journey from skepticism to advocating for gold as a stable asset amidst financial uncertainties. Crumb delves into the intersection of gold, cryptocurrency, and financial tech, while introducing innovative gold futures contracts in Singapore. He also discusses the future of gold ownership with 'full digital title,' set to revolutionize market efficiency and trust.

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.

We continue Gold for the 21st Century this week with Don Casturo, Founding Partner and Chief Investment Officer at Quantix Commodities. David Greely sits down with Don to discuss the role of gold in protecting investors' portfolios, the drivers of recent gold market performance, and how de-dollarization is changing the way gold trades relative to other assets.

We present a Special Episode of SmarterMarkets™, bringing you exclusive interviews from the FT Commodities Global Summit 2025. SmarterMarkets™ returned to the annual Financial Times Commodities Global Summit in Lausanne, Switzerland this March, where commodity traders get together to talk about the markets and how they’re navigating them. In retrospect, this year was the calm before the storm of the wide-ranging U.S. tariffs imposed by President Donald Trump. We partnered with the FT to once again interview commodities markets participants to ask them about the big developments being discussed at the conference this year. We also discussed the ways that markets and market infrastructure need to change to keep pace with the changing commodities trading landscape and what tools and technologies they need most. We've compiled a selection of those interviews into this Special Episode of SmarterMarkets™ with an introduction by Leslie Hook, Natural Resources Editor for the Financial Times. If you would like to listen to the full interviews, they are available on the SmarterMarkets™ Presents media portal. Our guests in order of appearance in this episode are: Leslie Hook – Natural Resources Editor, FT Helima Croft – Managing Director and Global Head of Commodity Strategy, RBC Capital Markets Mark Kristoff – CEO, Traxys Fernanda Ávila – Congresswoman & Former Secretary of Mining, Ministry of Economy, Argentina JP Aubin – Co-CEO, BGC Group Sacha Lifschitz – Head of Battery Materials, Abaxx Exchange

Wade Brennan, CEO & Co-Founder of Kilo Capital, dives into the turbulent waters of the gold market. He sheds light on how tariff-related price volatility impacts gold users and the crucial role of bullion banking in managing this chaos. Wade also discusses the need for a modernized spot market in the U.S. and explores gold's multifaceted applications in technology. With insights on price risk management and the challenges facing the sector, this conversation highlights the evolution of gold in the 21st century.

Sunil Kashyap, Managing Director at FinMet Pte Ltd. and a specialist in gold markets and Asian finance, delves into the evolving significance of gold in the 21st century. He discusses the transition from traditional buying to innovative digital platforms in Asia, shedding light on contrasting investor perspectives between East and West. Sunil highlights the critical role of kilobar sizing in trade and the impact of geopolitics on gold demand, revealing a shift toward investment over jewelry in a dynamic market.