SUNARES Co-Fund Advisor Udo Sutterlüty speaks with Jochen Staiger at Ducascopy TV in Geneva about gold and the current technical situation that is brightening. Udo does not only talk about technicals and fundamental reasons (money printing!) to own gold, but about something overlooked by investors. It is the gold/oil ratio that has been in a strong bullish up-move since 2014 and has more than doubled from 11-12 to over 26 (barrels of oil needed to purchase one ounce of gold). Indicating that more and more oil exporting countries are converting their oil revenues into the gold market for safe-keeping, instead of buying US-Treasuries. Is this the start of a trend signalling that the strength & power of the US-Dollar based global Petro-Dollar-(Treasury)-System is diminishing? At the end Udo speaks a few words about the GDXJ-ETF problems and one of their major gold holdings (Midcap producer) in Canada.