Said China was toast back in 2019. The worst is yet to come for them. 🔥🥃

@2is1gold

2 ай бұрын

You're almost swimming against the current around here. I keep seeing people lauding China and Russia. Seems like a really strange away team fandom. Cheers! 🥃

@brendonmize

2 ай бұрын

BRICS is the result of our foreign policy.@@2is1gold

@philippjulien8549

2 ай бұрын

You are correct. The renminbi really is clearly worth 30% less I suspect. Violent crime rising, poverty and social unrest increasing. Wonder CCP tightening. Unemployment shooting up. They are not selling us much to EU countries and there buying from Germany dropped off a cliff.

@grizzalo

2 ай бұрын

@@2is1gold 俄罗斯将导致世界的毁灭

@gmanlee575

2 ай бұрын

@2is1gold If you made a prediction for a specific year and it turns out to be a dud just take the L mate instead of calling people fanboys, aint nothing fan about calling you out for being wrong. Gd vid thou🍵

Don’t forget not only does China buy alot of gold, but they are a gold producing country. They are quiet about their gold holdings, but the US may not have the gold they claim they have, it hasn’t been audited in decades.

@alexpearson8481

2 ай бұрын

Safe to say the US has no gold. Until they prove otherwise.

@danielcaissie1207

2 ай бұрын

I know that Canada has no gold reserves, they used to but sold it all

@acarroll6842

2 ай бұрын

China also producing all the most convincing fakes, they cornering every market.

@busterbiloxi3833

2 ай бұрын

Cough! Fort Knox! Cough!

@busterbiloxi3833

2 ай бұрын

Wrong!

Dollars held in a bank or under your mattress are depreciating at about 12% per year in purchasing power. It’s a no brainer….. ! Gold wins over dollars saved.

@rodrigodiaz1321

2 ай бұрын

Depends on your time window of observation

China, being a big manufacturer, doesn't want to smoke the economy of their best customer

China, plans LONG, don't disregard the idea under the premise of "recent attention."

@whoops8412

2 ай бұрын

China plays chess while the rest of the world plays tick tac toe lol

Don’t even care just get what you can while you can.

@bornforfreetaxtothedeath..7542

2 ай бұрын

Still make sense to buy low, and sell high, if possible...

@danielcaissie1207

2 ай бұрын

​@@bornforfreetaxtothedeath..7542don't sell unless you have to

@caryphillips4885

2 ай бұрын

@@bornforfreetaxtothedeath..7542 Buy high and sell even higher, or... buy high, and have the ability to sell at all in comparison to dollars

@busterbiloxi3833

2 ай бұрын

So said Joe Namath.

Not just China, our central bank RBI, India is also buying gold big time … It’s crucial for d process of de-dollarisation…

I'm not sure, but I bought lots of gold when it was under $2,000 $1,993 to be exact

Here in Britain the value of my Gold stack rose by 7.45% this month alone....no British Bank would give me that for Depositing, and in effect, for the Banksters, 'Giving' them my money.

Personally, I think investors will start to seek more market diversification. can i confidently invest about $350k into the financial markets in 2024? I'm still not sure how rates will effect the market just yet, which worries me a lot.

@cloudyblaze7916

2 ай бұрын

I think investors who are wary of changing market trends should seek out bear market directions from certified strategists/planners. Safer that way

@hushbash2989

2 ай бұрын

No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q4 2024.

@selenajack2036

2 ай бұрын

Being heavily liquid, I'd rather not reinvent the wheel. Since this strategy works for you, how can I contact your advisor?

@hushbash2989

2 ай бұрын

Marisol Cordova is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.

@bsetdays6784

2 ай бұрын

I appreciate this share. I set up a call with her and I am keen on getting to talk to her particularly. Lady looks really great though even with the exams and other stuff.

Best precious medals channel period!

@TK0_23_

Ай бұрын

You mean like Olympic medals?

Been eyeing on my fifth Gold Buffalo...👀

@Jackaroo.

2 ай бұрын

Get it.

@bidmcms3

2 ай бұрын

What’s your eventual plan for those? What percent of your portfolio is in gold? That capital could (potentially) be earning a greater return elsewhere. Just trying to weigh pros/cons of allocating more to bullion

@bradspaugh9827

2 ай бұрын

Expensive

@dessmith7658

2 ай бұрын

It's addictive tho

@gmanlee575

2 ай бұрын

Hope you bought 12 days ago the price is very different nw

Good job thank you

Thanks...good analysis.

@2is1gold

2 ай бұрын

🤜🤛

This is the only guy that makes true points and doesnt just keep saying 'gold n silver is about to rally, this might be the big one'. Love this guy here.

Brilliant thoughts on the big picture of this subject matter. Well thought out and communicated. Thank you!

@2is1gold

2 ай бұрын

Thanks!

Gold and silver...the TRUE universal currencies

Gold is becoming more relevant every day, central banks are trading paper for gold at the fastest rate ever. You should too before your locked out one day.

Is there a special show coming once you reach 100k subscribers?

Great and informative video.

@2is1gold

2 ай бұрын

Thanks!

Just glad im holding what i already am but always wish i had more. The same goes for silver in that regard and that's why i get way more excited when the prices are lower.

i bought silver eagles at $30 at local coin shop san antonio

@airvicemarshalsirgeorgemas2083

2 ай бұрын

I'm a fan of silver.

@revpgesqredux

2 ай бұрын

Reasonable

@tcroft1903

2 ай бұрын

What shop?

@pajewlz5825

2 ай бұрын

I bough 3 tubes of 2021 silver eagles from a pawn shop at 21.50 per coin when silver dipped under 20. I think there were released at 50 some dollar each from mint?

@fredfarkle-bp9en

2 ай бұрын

did you steal it ? Must be another visitor from Mexico

Not sure we care about China and gold…just make sure you hold some!!!

@Jackaroo.

2 ай бұрын

Got mine.

@fredfarkle-bp9en

2 ай бұрын

I care bro

Ty

Thank you for the video.

@2is1gold

2 ай бұрын

Have a good weekend!

@ferebeefamily

2 ай бұрын

@@2is1gold . Same to you Sir and a good Easter to everyone.

Very clean, thought out choice of words. Zero editorializing. Zero attempts to appeal to the prepper crowd. Hard data. 10/10 you are by far my new favorite stacker channel

Yes sir, I believe that gold is very much taking on a position of being very relevant to our global economic systems and China is definitely going to have influence over it. Thank you for your work brother.

@2is1gold

2 ай бұрын

🤜🤛

Getting close to 100 k lucky subscribers. We appreciate your hard work!

Allister McCloud said the Chinese have been suppressing the silver price

Thanks for a look at gold prices from a geopolitical perspective.

Cheers

Random walk. Single events describe price movements retrospectively but have no impact on future price movements. Markets, even gold, are not predictable.

Gold price will increase at least for the next twenty years we are at the begening of a huge bullish cycle, thank you bye

@iraschellenberg-kollenstei2247

2 ай бұрын

I think the same.

@TK0_23_

Ай бұрын

Unfortunately that is a terrible, terrible thing. It means that the global economic system will be decaying as that happens. And billions of people will suffer immeasurably. I am so grateful that I am able to afford gold. But my excitement on it's ascent is tempered by this realization.

I like that quote. Mark Twain was an interesting guy.

it feels like gold is on a massive upward breakout to 3000 dollars an ounze this year, if you are already holding gold id hold on !

My predictions for gold going up or going faster than what I anticipated so I might have to reevaluate what I'm looking at. There is a lot to investigate. One thing I might want to add is that gold stocks are undervalued and if there is an explosion in the gold price that's going to pick up as well

I’d like to hear more about these Wild speculations 🍿

$2200 for a second or two 🕑🕝😮🎉

I would say that correlation does not always mean causation. Especially when there are so many influences on the final result. It's likely China's buying habits of gold contribute to the price increases we see, but so do many other things. One thing I am sure of- inflation is rampant and destroying the middle class, and my best option for savings is gold.

@busterbiloxi3833

2 ай бұрын

What about the working class? How are they doing?

Just hit $2348 according to one website. Seems to be going up $20 per day at this rate.

As long as it fits into the budget, I'll keep stacking. Cheers!

@2is1gold

2 ай бұрын

🤜🤛

Always appreciate your insight! Ill keep buying my US gold!

@2is1gold

2 ай бұрын

🤜🤛

Rate cuts ? Thought the fed said 6 this year then 4 now 3 lucky if we see 2 ! I trust the fed like I trust china

@2is1gold

2 ай бұрын

I've only seen the forecast for three cuts (3/4 of a point) for 2024 unless we're looking at individual fed official comments in which case we get opinions across the board.

Great video brother thanks for info 🥃🥃🥃

@abrahams.lincoln6749

2 ай бұрын

🍺🍺

I believe the difference in spot between china and here are pushing it up now. That doesn't work out good here when folks buy here sell in the china exchange, thats whats happening there will be a shift in who has the gold, supply and demand will kick in as it gets sold off. Big shit happening

@TK0_23_

Ай бұрын

You are describing a carry trade. Carry trades are always available. They emerge as a matter of shifting market forces, but the larger the arbitrage, the sooner market forces bring it back towards equilibrium.

Nice Shirigorov😊

@2is1gold

2 ай бұрын

Good eye ✊

I'm liking the Salt & Pepper intro

It's interesting that the relative difficulty of gold assay compared to bitcoin means that it is a less transparent asset to hold for geopolitical negotiations. Your video reminded me that it is good for us that nobody knows if we really have 8kT of gold or not. Gold is like playing draw poker, BTC is like playing stud.

China's Silver price is over $27, last I heard!

The dollar is losing 2 too 3% of it value every year and gold keeps going higher on a percentage basis year bye year.

Got mine, getting more.

Watched the video because of the headline but I am pleased that there is no hard evidence that China is trying to manipulate prices. At least beyond the fundamentals of continuing to buy when the price is low. Which leads me to my main point. I bought a bunch in Dec.-Feb. and made a couple of purchases in March. I will continue to increase my stack when there are short-term buying opportunities but I anticipate the price will rise to around 2500 USD by year-end, possibly higher. What I am most interested in, of course, is whether we will be in WW III by that time. Like the author, I am not planning to sell my gold long term, which is likely the same overall strategy of China. I am quite interested in the price variance, since it resembles what one sees at the blackjack table. In blackjack, the variance is amplified when you increase your bet because of the deck's positive count. This same sort of phenomenon could happen with countries buying large purchases at selected times and falling afoul of the variance. I don't count cards in blackjack and stick with basic strategy. Occasionally I will double or triple my bets but it is rare. For gold stacking, I think a basic strategy based on long-term goals is the best idea. It seems to be working for me.

I think it does affect our daily lives, Just price of gas and everything else Increases Bro 🏠 And every Thingy else Not too mention people get short tempered all the rest of it 😮

Not exactly China is not driving the gold price but under their Shanghai Gold exhange is different..

It doesn’t matter , all that matter is governments keep printing . Gold and silver are your only escape

Like you said it's hard to determine which factors currently influencing gold price behavior. It was pretty easy before DXY goes up, gold goes down and vice versa, until it isn't so easy anymore. Gold is pretty much ignoring DXY now. We can only look at available facts. 1) Eastern nations central banks been buying and continuing to buy gold. 2) Western gold ETFs have been seeing major outflows since last year. (normally, this would have a negative effect on the price of gold, but not anymore) 3) Eastern ETFs have been adding gold during same time period. 4) Drums of war are beating louder. 5) What is the endgame for China and those other nations accumulating gold. 6) Don't think gold strong price performance is due much to rumor of rate cuts, otherwise sticky inflation numbers would have pushed the price down in the meantime.

@2is1gold

2 ай бұрын

I'm with you until #5. Gold price patterns have been directly correlated to Fed meeting commentary. Cheers 🤜🤛

Hello 🤠 It doesn't matter who takes over Gold. We Must keep Stacking physical Gold Bullions 😊. No Matter what 😊

Tell it, tell it, tell it

What if US govt has been silently amassing gold?

Buy gold now or wait and see if it pulls back? What's your thoughts?

There's never been a time quite like this, where after more than a decade of declining faith in gold, people now view it as an essential asset for hedging, reflecting a significant shift in mentality. This change comes alongside growing doubts about the US dollar and treasuries, compounded by concerns over CBDCs. Historical patterns such as the decades-long cup and handle, triple top, all signal a historic moment to invest in gold. 🌟💰 This is just my personal viewpoint; please make sure to assess the risks on your own. ⚖📈

I love strategery!

@2is1gold

2 ай бұрын

😄

I have no idea if China is holding more gold than they are reporting or not. Either way it's not like they're pushing for gold standard, which I suspect is the hope behind that reporting. If anything they want more widespread acceptance of the RMB. Since none of us can get into the Chinese vaults I expect that wild speculation will continue

Regarding gold Cina has this principle: Gold in China does not leave China.

Time well spent

There’s a reason they own so many gold mines.

Why would China buy more Gold than it declares? Doesn't make sense. Its Bricks currency value depends on the amount of Gold reported as owned!!

I think China has more pressing problems in its economy to worry about gold. Their last college graduate unemployment rate reported was around 21.3% last june (even that is grossly underreported) before they decided to stop releasing the numbers. A possibility nonetheless.

Only buy metals if you can , once you do, forget about them

The directly proportional relationship between gold price & having much of it, does lead to speculation that, if they can drive the price of the asset up it would help when getting rid of it to alleviate their debt problem. Would chyna try it? Sure they would. They have time, and other world 🌎 events could also be the driver of the benefit they seek to gain. So, why wouldn't they get involved?

I believe the USA still holds the most gold gold. More than than second and third countries behind them

@2is1gold

2 ай бұрын

True.

👍

@2is1gold

2 ай бұрын

🤜🤛

Hey 👋 man

@2is1gold

2 ай бұрын

👋

So, you're saying China is a reason why the price of one ounce of gold keeps running away from me as I try to save up for it? 😂

@2is1gold

2 ай бұрын

😄

I was an exchange student in China in the late 90's. An incredible experience chock-full of exotic memories. Nothing really to relate to this topic but how about a snippet of advice: don't buy a ¥200 bicycle in China without doing a little research first. 😅

why spend that much money on an oz of gold knowing it costs roughly 1400$ to produce. a thousand dollars difference 2400$ seems too expensive. there are better investments out there

Gold has out performed the S&P 500 since the turn of the century.

@abrahams.lincoln6749

2 ай бұрын

No

@vostok2360

2 ай бұрын

That’s not true. Since 1999 gold is 1000% up, SP500 5000% up.

With the forex reserves that China has today, it can buy the gold held by everyone else in the world.

What a country China is like it or not, they really are the chess grandmaster of world economics, long term planning and moves and moves ahead!

@tingtong5898

2 ай бұрын

Or maybe China is planning for hard times. Foreign investment down to 30 year lows. Property collapse (over built by over 200%) Youth unemployment above 21%, they stopped publishing the data at this level last year. Deflation due to low economic activity.

@fredsmith9570

2 ай бұрын

Don't confuse these people with facys

@jordanw8382

2 ай бұрын

​@@tingtong5898"Appear weak when you are strong, and appear strong when you are weak." -Sun Tzu ~500 BC.

The Yuan is absolutely terrible

A question I have, which raises a point... If the Chinese were buying gold to protect themselves from being cut off by SWIFT etc. Wouldn't it be cheaper for them to buy Russian gold. And if they were buying Russian gold, that would be off market gold, meaning, it shouldn't put the price of spot gold up in the West. Or am I missing something?

Sorry guys I don’t quite understand the importance of China and gold? What’s the significance of them specifically?

@fttt6607

2 ай бұрын

I don't get it either.

I appreciate that your analysis differs from Channel Sponsor S D Bullion.

@2is1gold

2 ай бұрын

They're a big outfit. They have people on the team with a variety of viewpoints. They're just all long on gold, though. I line up with that for sure. Cheers!

Chjina probably has much more than 5300 tons of gold....

@pipeorganSI

2 ай бұрын

56.000 tons ...

US should take over the silver price

Raise your hand if you said this a long time ago.. BRICS is something to take seriously. The dollar is toast

@user-ql5nz9hc7k

2 ай бұрын

@Tuff: You sure are a true patriot 😞

@TuffEnuffIII

2 ай бұрын

@@user-ql5nz9hc7k I am 100% a patriot, which is why I'm telling everyone what's going on so they can prepare!

USA says that China will be forceful, China never said that.

Except for the whole 1 child policy, screwing over Hong Kong, the insane foreign investor capital outflows, the shrinking economy the Chinese are well ahead of us

God, Guns, and Gold and that just about sums it up other than Like & Subscribe to the voice of reason here on KZread 2 is 1. Life is good.....God Bless. 👍👍👍

Put a gold value on you're product, and start moving away from fiat currency, what benefit do you actually get from using fiat currency, apart form it's general acceptance?

look, i don't care how much i pay, as long as i get to keep eating it.

Their china panda has only 30 g of gold not 31.1 grams…. Gold is the only money.

I just hope Elon doesnt find a ton of gold in Uranus.

@rogerjohnson8707

2 ай бұрын

Me too. That would hurt.

@SergheyCSA

2 ай бұрын

it would still be high, as it is with OIL and Diamonds! He would put all that gold into a huge Vault and release slowly in the market to keep price high! Gold will be used for high tech spaceships and all electric industry replacing copper. Not to mention the huge cost to mine in Space, even if they use the strategy to bring gold nuggets on Earth using gravity!

@ironmanjakarta8601

Ай бұрын

@@SergheyCSA I didnt think about that, very smart!

Can you compare gold to Bitcoin? Both can be created/ found by anyone, and both are in limited stock (until we find a way to create gold from something else). In this regard, bitcoin or other secure crypto could be used as security assets?

@nick000002

2 ай бұрын

Bitcoin is a ponzi scheme, it isn’t real.

Too many people believe in lies...Its cosly for those who do...

Your video's are always very informative. Your sponsor, SD bullion however, their customer service is Worthless!!

I have approximately 20 or so, more trips around the sun ..im 61...and although im not a betting man. I believe the US ..as we know it today...will be Far Worse in those last trips of mine . I decided to Move out of country..hopefully in a year...Wish you all the best..!! That stay..!!!

@ptaeiy

2 ай бұрын

Where you heading?

@rogerjohnson8707

2 ай бұрын

You just may be oblivious to where you are heading.@@ptaeiy

....................

I enjoy your conversations and everything but you know China is the largest producer of Gold and we know that they do hold all those treasury notes and we do know that well they're kind of sick of us being hedgemon everywhere so it's only logical that they're going to try to Corner the market on gold as best they can and it really doesn't matter anyway because just keep buying gold every week or every two weeks or whatever you buy and dollar cost averaging never stop.....

China? Lie?

@timgibson3754

2 ай бұрын

USA? Lie?