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Peter Hug is the Director of Global Trade at Kitco Metals Inc, which has retail and online departments for trading metals as well as a news division called Kitco News. Peter is one of a handful of experts who have succeeded through multiple bull and bear cycles using skills honed during the dramatic fluctuations of the 1980s. Prior to joining Kitco, Peter served as Senior Vice President at Guardian Trust Company, now a part of Laurentian Bank, which became one of the largest international trading houses for precious metals.  With equity markets surging, we wanted to hear from Peter on his views of precious metals, where they belong in your investment portfolio and how fed and geo-political variables can affect prices. Peter also shares with us daily operations at Kitco and some interesting insights to the purchasing of physical metals. Links: Kitco Try Fundrise – Invest as little as $1,000 with this link (un-accredited Investors OK)   Where are we: Peter - California   Discussed: ILAB 38 – Chris Dunn: Bitcoin, Crypto-Currencies, and How to Profit ILAB 21 – Silver Bullion CEO: Why and How to Buy Precious Metals ILAB 12 – Real Estate Investing with Fundrise CEO Ben Miller   Book: Emergency - Neil Strauss   Time Stamps: 03:15 - Peter’s background 04:57 - The face of Kitco 06:48 - Equity market since Trump's election 11:48 - Peter’s personal asset allocation model 12:48 - Should you buy gold? 21:14 - Hong Kong gold crafts 25:11 - Buying gold from the US government 30:10 - Silver and gold % in your portfolio 32:57 - Fed raises rates and inflation 34:50 - Buying mints for liquidity 37:23 - Agnostic gold 39:45 - Highest volume coin in retail store 40:44 - Who buys good delivery bars 42:38 - Johnny’s father is alive because of gold 43:59 - Stealing $20,000 of gold coin 46:06 - Carrying a gold coin in your pocket 49:26 - Trading Cryptocurrencies in the future 50:42 - Investing in precious metals   If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!   Copyright 2017. All rights reserved. Read our disclaimer here.