Gold and silver are so manipulated to the point where it’s a literal joke lmao

@kirilmihaylov1934

2 жыл бұрын

Yes gold even more so

@ianblake2598

2 жыл бұрын

When the dollar crashes gold will skyrocket.

@michaelkavanagh5947

2 жыл бұрын

Exactly buy Bitcoin.

@houmus649

2 жыл бұрын

@@michaelkavanagh5947Best to remain diversified and invested in both.

@rudy8409

2 жыл бұрын

Bitcoin is speculative, gold is a true asset

This guy is really knowledgeable. Perfect combination of history, economics, and finance. Loved it💜

@Achilles5937

2 жыл бұрын

Ditto. Well grounded and knowledgeable guest who doesn't live in the Matrix.

@gdwalker13

2 жыл бұрын

He only misses 300 steps in economics

@umbrellakitty6531

2 жыл бұрын

@@gdwalker13 Could you identify a few?

Finally, someone who can comprehensively articulate the questions we all want answers for! Thank you Kitco

Straight up the best interviewee you've had on during this P M summit.

This was one of the best interview in a while... Great guest, focused and collected and with strong arguments.

$10k gold? Let’s first try to stay above $1700…. 🙄

I’ve gotten to the point where I don’t have to watch these…”the fundamental case is good for gold/silver” …meanwhile we fall 10% in a week

@SCARYANDINTIMATE

2 жыл бұрын

Innit

@Mike-dd9vv

2 жыл бұрын

just pay attention to the sentiment, people are in doubt/despair, we are near bottom. Yes the fundamentals are good and the videos are repetitive, but it's the truth. eventually the market will reach fair, then over value.

@shadow-bf4ve

2 жыл бұрын

Just look around you and see the amount of debt everyone has and the amount of inflation. Be patient and you will be rewarded many times over. Staxkers account for maybe 1% of real money holders

@flywheel702

2 жыл бұрын

Initially, as the market collapses so does the paper dirivative price of PM's as investors sell off their positions to cover margin calls. Look back at other years.

@user-rr7hu3yi1d

2 жыл бұрын

Be patient the end of the manipulation is near gold silver to the moon

Unlike most interviews, this was done with someone that has their feet firmly planted on the ground.

@Achilles5937

2 жыл бұрын

Indeed!

@dhrabarchuk

2 жыл бұрын

Ya not a CEO. Great answers.

@WEF2030SLAVE

2 жыл бұрын

Literally

@zzbudzz

2 жыл бұрын

I'm surprised this kinda talk isn't illegal by now!

@lvpatfleming7465

2 жыл бұрын

Because he confirms your beliefs ?

This guy should be the fed reserve chief or president of USA. He has. Common economic sense and outlook on life unlike the government finance people who never ran a hotdog stand.

@CosmicSeeker69

2 жыл бұрын

I doesn't happen that way- you should know that. The FED was set up with one intention: take from the poor - transfer to the rich.

@zzbudzz

2 жыл бұрын

He doesn't wear a tiny hat , so he isn't qualified.

@stratcaptain66

2 жыл бұрын

No, the corrupt Fed should be abolished and a fair and honest monetary system should be set up, backed with silver and gold and full reserves.

@Jumbosock

2 жыл бұрын

Why would you want a central bank or government?

Dan Oliver is more knowledgeable and articulate than most on the financial podcasts.

@briangore4133

2 жыл бұрын

Dude is crazy smart

This is one of the best interviews that summarizes the complete current financial issues North America is trapped in

To back every dollar with gold, the gold price would need to be 40k as of right now. To think it can’t get to 10,000$ is naive.

@andrewfallon2719

2 жыл бұрын

40k and growing every month

@bahmak2003

2 жыл бұрын

40k and growing every month! Oppps… it’s Bitcoin!😂😂😂

@lamarravery4094

2 жыл бұрын

@@bahmak2003 Shouldn't be bitcoin, it should be gold that's $40k.

@rogerburn5132

2 жыл бұрын

You are right according to the 30 trilion dollars government debt and 156 trilion dollars unfunded Liabilities there is a lot more printing to come Gold on the way up 25. or 35.000 for 1 troy ounce

@zzbudzz

2 жыл бұрын

No kidding..10k is really low. I don't have any gold ..I have the working mans metal silver.

This was really interesting. You’ve got a great job David. Andrew

There is an elephant in the room. It’s called the price of gold. The price of gold is not an opinion.

Dan is one of the few outstanding folks in the Gold industry. Great work David !

This guy is one of my favorites. You should have him on more.

@modo203

2 жыл бұрын

Why? Is it because he gave you the morphine shot that you like? the $10K gold jab? Dude, the guy owns a gold fund. He's a stakeholder. I wouldn't buy his words with a penny, particularly when he's talking about gold.

@modo203

2 жыл бұрын

@Erushbass whether from the mouth of a bus driver or a plumber, the truth is always the truth. Gold to $1,400 within the next two months. Mark this comment.

@darioebhard1477

2 жыл бұрын

@@modo203 that means the stocks will also go down

@deandeann1541

2 жыл бұрын

Rawandi- Gold going to $1,400 within two months? The day after you're kidnapped by aliens?

@modo203

2 жыл бұрын

@@darioebhard1477 It's anybody's guess at this stage. The markets reaction to cerveza virus in the last two years is enough proof that if you use logic and fundamentals you're gonna end up losing a shitload of money I'm afraid.

By far the best interview this month! This guy is on top of it! Thanks Kitco and Dan

@gener8423

2 жыл бұрын

Really? I don't think he made a case for 10k gold. I didn't hear anything convincing or anything new from this interviewee.

@911aircooled5

2 жыл бұрын

@@gener8423 Interesting, I have listened to many, not just Kitco and thought that Dan gripped it up very well. But it's always good to have a differing opinions, to get ones balance. We are in uncharted financial waters and anything could happen?!?! Time will tell, the market needs a re-set, and when it does Gold and Silver will be the only safe havens, hence a hugh rise. IMO of course, but appreciate differing views. cheers

Dan Oliver said in the video that Bitcoin or cryptocurrencies are too volatile and he's correct. But I don't think he understands the solution to that problem. The problem is that the market for Bitcoin and other crypto currencies isn't large enough. If Bitcoin had a 10 trillion dollar market cap if someone sold 50 million dollars worth of Bitcoin into another currency it wouldn't have much of an impact because 50 million compared to 10 trillion is comparatively small. But if someone were to sell 50 million dollars worth of Bitcoin while the market cap is only 900 billion (like it is today) it moves the market much more in terms of volatility. The larger a cryptocurrency's market cap gets, the more stable it becomes.

@minesadab

2 жыл бұрын

Yes, it's strange how otherwise intelligent people sometimes just don't see this. I think it must be because the idea of bitcoin having a $300+ Trillion market cap is just to far out them to consider? Who knows, but I completely agree with you.

$10k gold at the very least. Hell, Bitcoin is at $45k, I don't get it. That's way too much for digital digits.

@patrickmurphy8222

2 жыл бұрын

Bitcoin is worthless. Just digits on a computer.

@michaellanglois5320

2 жыл бұрын

Why do you refuse education?

@patrickmurphy8222

2 жыл бұрын

@@michaellanglois5320 Oh, please, educate us.

THE LAST 2 SPEAKERS-- 1 ON SILVER & 1 ON GOLD WERE BOTH VERY KNOWEDGABLE AND INSIGHTFUL ---EXCELLENT COMMENTARIES

Well I guess they haven’t run a 10k gold video in a little while! 😑

@likuidmethod

2 жыл бұрын

Lmao so true! It was due

@TheInvisibleOne1026

2 жыл бұрын

Yup never going to happen, but plebs here love being pumped

@eelamtamil7621

2 жыл бұрын

Same thought

@gener8423

2 жыл бұрын

Let's worry about getting back to 2k first. All this talk of 10k gold is just plain silly at this point.

This guy is incredibly intelligent

@murkawicz

2 жыл бұрын

I'd say he's pretty smart

Thank you Dan for having David Lin on your show he learned a lot today!!!

I agree with Dan Oliver's opinion... Great interview! 👍🏼

Great program, thanks!

Tic tac toe - this paper system is about to blow

@houseofstone3560

2 жыл бұрын

They can do this for a good long while.

@rudeawakening3833

2 жыл бұрын

Please !

Excellent interview Very smart & knowledgeable guest

David, you da man. Great question, great guest and great interview.

There is a big difference in the devaluation of the German mark(Weimar Republic)Germany's government from 1919 to 1933. The big difference in the U.S. dollar's devaluation and the Weimar is the dollar also happens to be the world reserved currency and so that get's a little complicated.

The real question is why is silver and gold falling right now? IMO it's about to run up but precious metals could fall for at least another month or two.

@cryptocentral5162

2 жыл бұрын

Consolidation?

@audemars_piguet13

2 жыл бұрын

@@cryptocentral5162banks manipulating it so they can buy it cheap while the regular peasants don't bother because the news haven't told them to buy the dips

@williamboyle1906

2 жыл бұрын

Expect to see Gold fall to 1630 USD and Silver to 16 USD!

@audemars_piguet13

2 жыл бұрын

@@williamboyle1906 and then the collapse

@frucajse

2 жыл бұрын

Gold price can't go up since the Russian Central Bank is not buying it anymore for more than one year. It's very simple to check this information. So bulshitting here is just manipulation. Ask yourself why Warren Buffet doesn't own gold or gold mines???

If gold hits $10,000/oz wouldn’t everything else go up in price as well?

@SergiuM42

2 жыл бұрын

Potentially but the dollar would tank in value

Best interview so far guys!! Wow, this guy knows his stuff, so much excellent information! Mind blowing!! Thanks again for all your help, it's really appreciated

Thanks David and KITCO this is Good Gest Good information. Thumb UP

He talks alot of sense. More Dan Oliver please

Great interview 👏🏼👏🏼

Dan The Man----This Guy Gets It!!

Lets talk about 2k gold first

@audemars_piguet13

2 жыл бұрын

Is gonna shoot up over night. God's money cannot and will not be manipulated for long, JUDGEMENT IS COMING and the prices will explode but many will get the judgement and won't be able to survive or resort to lawlessness just as prophecied in Matthew 24... JUDGEMENT IS COMING

@bahmak2003

2 жыл бұрын

@@audemars_piguet13 Gods money your ass!😂😂😂 Money in itself is a human construct!

@billyhurst4319

2 жыл бұрын

@@bahmak2003 He was referring to Gold , that was not a construct of man. Watch the destruction of stars in the Universe , different channel, then come back to us

@bahmak2003

2 жыл бұрын

@@billyhurst4319 is gold gods money?😂😂😂

@frucajse

2 жыл бұрын

Gold price can't go up since the Russian Central Bank is not buying it anymore for more than one year. It's very simple to check this information. So bulshitting here is just manipulation. Why Warren Buffet doesn't own gold or gold mines???

Sorry,10k gold is not attractive. 60k maybe would drive people to gold and away from crypto. Crypto has hurt gold big time. No lame premiums to dealers on BOTH sides of deal. No unknown supply, minimal games played to crush the individual.

In the top three best interviews on KZread of 2021!

Besides interest rates, the FED has the authority to set margin requirements. Less leverage is less risk and more stability. Margin requirements could increased and decreased, not by much, without killing the little guy.

Great contextual insight Dan. thanks to both.

Gold keeps going down 🤬I cant wait till I'm dead for gold to go up .people have been saying 10,000$ gold for the last 50 years and never happens

@quantusentertainment7721

2 жыл бұрын

Havnt had a global pandemic in a long while... this is going to make a difference... when the markets crash things are going to change

@eelamtamil7621

2 жыл бұрын

I was not even born 50 years ago.

@luciferlight5082

2 жыл бұрын

@puppet joe biden : job well done Jerome Powell ,print yourself another couple billion on that good old money printer and dont forget to leave a little tip for hunter biden 😉

@anthonypink7361

2 жыл бұрын

Unfortunately that’s how long it takes . 1930 to 1980 was 50 years and 1980 to 2020 is 40 so we might have to wait another 10 years yet . I totally agree waiting is frustrating and I wish I could make millions if I was to gamble in Bitcoin but I’ll never be a multi millionaire over night but the flip side is I’ll never be broke over night too. Comes down to that old saying “ good things come to those who wait. Don’t under estimate the waiting game . Just look at the taliban 20 year waiting game

@gener8423

2 жыл бұрын

if the Covid-19 pandemic and lockdown cannot even push gold to 2k, all this talk of 10k gold is nothing but hopium at this point.

I see Dan Oliver. I click 👌

Bring on the collapse and be quick about it. May the Comatose citizens finally awaken.

@feelnrite

2 жыл бұрын

I really think that is all that will straighten people out.

Great interview, thanks!

A fresh, cogent and insightful speaker. Very good.

Gosh you really praying for the downfall of your own country just because you own loads of gold. 🤣🤣 Everyone knows u can't lose with hard assets. Just buy, hold and ur grandkids will thank u

@sergeshoemaker5218

2 жыл бұрын

How about to put those grandkids to work to be productive?

@davidmercer5561

2 жыл бұрын

Nobody's praying for anything, they're the ones doing it, we're just preparing for it

@caseyrindal1815

2 жыл бұрын

If the cabol doesn't go down our kids will never see the freedom the founders intended for them.

@rudeawakening3833

2 жыл бұрын

@Other Barry cabal ? What’s that ?

@frederickmuhlbauer9477

2 жыл бұрын

@@rudeawakening3833 Carlin’s “ Big Club”

thanks Kitco really enjoyed this, one of your better guests

Dan Oliver FTW!!! Makes convincing argument using FACTS!!!

@morganvon5664

2 жыл бұрын

There's just one problem. We've had asset inflation (real estate, stocks, bonds, commodities) since 2009 and gold has gone down. But I guess guys like you never learn. Gold and silver are no longer relevant.

Another educational video from you David! Dan did an outstanding job explaining the market and his' thesis for the rise in gold.

@gener8423

2 жыл бұрын

Sorry but in the interview I didn't hear any convincing thesis for 10k gold.

Why don’t you ask them why have all of them been wrong? They are all in the precious metal selling business. All those people you interview, pretty much daily, said that by March 2021, silver would be $100+ and gold $5,000+…. We are all still waiting….it’s time you interview other people.

Sounds interesting; but I've been hearing this since the 1980's. The waiting and anticipation are the most difficult task in this scenario.

@claudius_drusus_

2 жыл бұрын

It's already happening and has happened. Real wages have been left in the dust by prices. Our GDP growth has slowed down a lot since then. The cost of rent has skyrocketed. The cost of college is thru the roof. Medical costs are insane. A family with 2 working parents is now necessary. Back then it was a lot more common for 1 parent to support the family. Things are not going good right now. The CPI has reached 5%! Labor force participation rates are at historical lows.

@tomivanov5265

2 жыл бұрын

Yes and 20 years from now we’ll still see the clowns calling for 10k gold.

Knowledgeable + interesting guest. 👏

Silver is so weak, it's unreal....

@josephgarman213

2 жыл бұрын

Buy buy buy

@327MONEY20

2 жыл бұрын

It is and it's extremely laughable

@roccoforte6889

2 жыл бұрын

@R.K. RocketKnight raised their entry points on comex and stock exchanges trading silver ETFs and major silver stocks mostly more stringents conditions to take position in those markets subsequently to the squeeze however slv etf fund prospectus was rewritten on the 4th of Feb 2021 in a way that limits physical silver amounts being sold and liquidated in case silver delivery is initiated on a large scale.

@neonnoodle1169

2 жыл бұрын

Ridiculously weak. They won’t let it be strong. Look at the patterns of its fall over the past month…none of it is natural. It’s not a real “market”...

@frederickmuhlbauer9477

2 жыл бұрын

@@327MONEY20 It’s not laughable if you own it schmuck

We shall see $1600 gold we’ll before $10,000. The paper market won’t allow for $2000 gold never mind 10,000

@audemars_piguet13

2 жыл бұрын

Collapse will happen when they say "peace and safety now"...

@lamarravery4094

2 жыл бұрын

So let's get rid of the paper market.

@rudeawakening3833

2 жыл бұрын

@@lamarravery4094 EXACTLY !!!!!

This guy is smart as hell

@greghadaller

2 жыл бұрын

He thinks so fast, his mouth can't keep up!

Before you can even have a conversation about precious metals, you have to talk about market manipulation. If you say there's no market manipulation, conversation over.

@morganvon5664

2 жыл бұрын

When will you morons realize that gold and silver are simply irrelevant? No one cares and they haven't for a long time now.

@davidmercer5561

2 жыл бұрын

@@morganvon5664 you're pretty funny

@caseyrindal1815

2 жыл бұрын

@@morganvon5664 I guess that's why central banks are buying gold at a massive rate. Got to be the reason.

@rudeawakening3833

2 жыл бұрын

@@caseyrindal1815 BINGO !!!!!

@morganvon5664

2 жыл бұрын

@TheStefaner If I thought gold was truly insurance against a falling dollar, I'd be there with you.

Also the jobs available don't pay enough to pay the rent in the area those jobs are available at

@JosephWetten

2 жыл бұрын

were screwed. And now they want to be able to see how much is in our bank accounts to see how much longer they can keep screwing us into the dirt.

@jd2931

2 жыл бұрын

@@JosephWetten this is the reason why Jefferson killed the banks in his time. said if we left the banks control money we wake up for and homeless on the land are for Father's conquered

@lvpatfleming7465

2 жыл бұрын

@@jd2931 Where did you read Jefferson and banks ?

@timan206

2 жыл бұрын

@@lvpatfleming7465 That is a very well known quote, if you have not heard it, it can be seen in his own hand in letters and used in a speech. Suggest you read more. This is a brain numbingly complex subject.

@lvpatfleming7465

2 жыл бұрын

@@timan206 its a misquote , if u think it’s accurate please reference it , it is often used by the far right , at that time banks were state chartered and printed there own currency , one of his quotes refers to a return of “ to the people” so state banking would be prohibited . if you are referring to Jefferson’s letter to Eppes , that is also a misquote , making reference to the state banks ability to create paper . I love Jefferson and my favorite phrases are his wishing the Constitution be rewritten for each generation. Jefferson is not very well liked at my gun club !

Literally, this needs to be taught in high school.

Nobody can pass a drug test...lol. Build the wall

12 minutes in... great interview

Thanks for the video

I feel like just about every country is in some type of credit crisis. So this might be a world wide depression.

@lexiemaep7930

2 жыл бұрын

It will be inflationary depression

@timan206

2 жыл бұрын

@@KOL630 I recall recently the uk paid off that debt, there are likely others.

@boxingbrenno

2 жыл бұрын

Dollars dead and everything is backed by it

never heard of this guy but he seems to talk a lot of sense

I’m definitely buying more Gold at these prices!

@MPlain

2 жыл бұрын

yes. just watch out. the short run may fall a bit more yet. it all depends on where exactly the retracement craps out. and yes... it is a retracement. this drop should establish a new higher low. should. however there is a case for a double bottom with another strong rejection of lower levels.....so think another drop to 1630 with another massive rejection on the same candle to close with a higher low. the double whammy of a double bottom plus a major rejection and put it on a higher time frame would signal a very long term and very strong UP trend.

Great interview!

Great and useful interview.

They gonna print money till the printers going to broke

Kitco and Lin do a service with these interviews, thank u. Lots of education for those with ears to hear. Not everyone will agree and that's fine, but these kitco interviews are a wonderful way to listen to intelligent people. that's never a bad thing, even if you don't agree. i do agree, i'm a bug and questioning it daily now but the finance system is scary these days. GLTA

So with $10k gold I get rich but everything else is falling apart. Not sure I want that to happen.

@GITAHxgCoo

2 жыл бұрын

rather than $10k gold we should say 1/10,000 oz dollar. you won't be rich

Mic drops @ 16:45...and then my head started spinning...:Debt Triangle"

Gold cant stay above 2k and he is calling for 10k. Rickards has been calling for 10k gold for 15 years and it hasn't happened. They are not going to allow gold to skyrocket

always informative, good interview,

David is so amazing!!

This is one smart knowledgeable dude.

Money is gold, everything else is credit. In written Chinese the word "gold" and "money" are the same. And price in fiat currency is not the gold going up it's the currency going down.

@rudeawakening3833

2 жыл бұрын

You are insightful …

@9xxxxxxxxx

2 жыл бұрын

JP Morgan.

@gener8423

2 жыл бұрын

The problem is that the currency has been going down (inflation), but gold HASN'T been going up!

I was absolutely mind blown by the comparison of how copper to fiber is relative to the relationship of Bitcoin to gold lf. This guy just rolled of his tongue a thought experiment that demonstrated very clearly a very compelling explanation for how price could easily be explained the relative values of these items in relationship to each other. I am actually going to download that and watch it periodically. Simply stunning and a story that should get out to a much broader audience. Make sure you listen to the last ten minutes !

this dude is such a good interviewer

3 yrs, same story, never happens, when?

@gener8423

2 жыл бұрын

10 yrs, same story, never happens, when?

10k Gold price!!!! Keep dreaming 💭

@rudeawakening3833

2 жыл бұрын

It has to happen .

@sivi9741

2 жыл бұрын

It’s only 5X for gold . From 2009 s&p500 went up 4X while gold same price from 2011 🤷‍♂️.

Chock full of on point info right here!

I may have just learned more about everything than everything I've ever learned combined up to this day.

Brilliant!

Macro people are always right, but have notoriously bad timing. Sometimes they can't even get the decade correct.

@chandal804

2 жыл бұрын

I think they get the timing wrong because they overestimate the ability of an average joe to figure out this madness

So if you there is no one to lend to , why is inflation going up? Where is the money leaking out to? It sounds contradictory. Grateful for any thoughts on this.

Great interview. The U.S. dollar is supported by more than the Fed's balance sheet. There is the productive capital of the country too.

Great interview with someone who uses sound knowledge to understand his business and its environment without the need to spruik it.

Two weeks later and gold is STILL falling 😅

Great guest Kitco 👍

Great interview. Great point about Crypto currency, besides sovereigns are not going to give up their power to toys, good speculative toy...but not a currency.

VER CREDIBLE GUEST THANKS.

I have heard this broken record message of $10k gold since 2008. We are at a time where the workd debt is breaking $45 trillion and yet gold hasn't run up more than $700

let's get over $2k first.

I really like this guy you should have him back sometime.

I'd be rich indeed if all of these $5 or $10K gold predictions had come to pass over the past decade. Instead, it's done nothing.

@gener8423

2 жыл бұрын

we can't even get back to $2k... which makes all this $10k talk just plain silly at this point. I am selling some hopium in case you're interested?

Imagine thinking people don't want to work bc of the govt support. Bruh the bills still stacked up, millions lost homes, millions sick mostly these service workers. Always hate it when people with money paint the poor as less ambitious or spending their money wrong

He gets to the point around 27:15. The primary case for owning gold imo has always been the amount of currency creation vs the amount of official gold held by the US government as well as gold overall. They’ve been printing it much faster than it’s been dug out of the ground for decades. Gold could go to 10,000 next year and still be cheap relative to the money supply.

This guy talking about 10k. As much as I like gold, get over 2k and hold first. These pumpers...

@paulsommerhalder9049

2 жыл бұрын

These guys are financial extremists, toxic to portfolios everywhere. Maybe he should move to Thailand and join Marc Faber in exile😄

@Zb_Calisthenic

2 жыл бұрын

They sound like crypto guys now 😅

@user-rr7hu3yi1d

2 жыл бұрын

Hyper inflation incoming these gold forecasts will look tame keep stacking

@bahmak2003

2 жыл бұрын

@@user-rr7hu3yi1d lol tame your ass!😂😂😂

Meanwhile ... gold & silver dive for the ground.

Bring on Garth Soloway!!!

@CosmicSeeker69

2 жыл бұрын

I was thinking the same about 20mins back