Could Gold Hit $5000 in 2024? Mike Maloney & Alan Hibbard
More at www.GoldSilver.com In this video, we delve into the intriguing possibility of gold hitting $5,000 an ounce in 2024. Join us as we explore the Federal Reserve's interest rate cuts, economic resilience, geopolitical tensions, and the impact on gold prices. Uncover the insights into the U.S. election, Russia-Ukraine dynamics, and the looming global monetary crisis. Buckle up for an in-depth analysis of the factors that could send gold soaring and what it means for investors. Are we heading towards a significant economic shift in 2024? Watch to find out…
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Пікірлер: 299
At the risk of stating the obvious…the title is a question, not a prediction. Enjoy.
@lyeworld2065
5 ай бұрын
LOL
@mintcocobrown
5 ай бұрын
What are your thoughts on cyrpto backed gold?
@briansmythe3000
5 ай бұрын
Just Admit Its Clickbait Like all the rest of them
@tomaszser470
5 ай бұрын
Hudge CUP formation suggest move till ~ 4000 $
@niranpatel593
5 ай бұрын
Them BANKERs ignoring the technical cup and handle :)
the price of gold and silver in fiat currency is 100% irrelevant. all that matters is their purchasing power. i.e. how many ozs for an acre of land, a car, or a month's worth of groceries....
@litigioussociety4249
5 ай бұрын
Those are slighlty connected. It's not perfectly proportional, because precious metals don't have as stable supply and demand as other markets. In terms of inflation, the price of an ounce of gold from 1900 would be around 1000 dollars today. However, industrial demand and other things has caused it to be around twice as much. Silver is much closer to matching inflation as a dollar/ounce a hundred years ago was worth between 30 and 40 dollars today market. That's one of the proofs that the price is suppressed by governments.
@genericdude6551
5 ай бұрын
Unfortunately, nothing is priced in terms of ounces of gold or silver.
@lepton31415
5 ай бұрын
@@genericdude6551 not true. I bought a 14ft jon boat for a 1/4oz gold eagle. I paid to have my windows re-glazed with a tube of silver eagles. I only leave tips in 90% silver coins. It's up to us to revive gold and silver as currency. The banks wont do it and it's not going to happen magically.
@bengmelea8646
5 ай бұрын
100%? I have debts in fiat currency. If the "value" of precious metals rises in this fiat currency then I can sell and pay off these fiat loans. I can also borrow more fiat when using precious metals as collateral for a loan.
@lepton31415
5 ай бұрын
@@bengmelea8646 you shouldn't be buying precious metals if you have debt. gold and silver are not investments. they are money. debt is the money of slaves. so you should never borrow fiat anyway.
I've been hearing this $5000/oz. prediction for at least five years. I'll believe it when I see it.
@tomaszser470
5 ай бұрын
did you belived in 90' and gold 250$/oz that gold will be 8* higher? Like now at 2000$ ?
@DavesNotHome
5 ай бұрын
It won't happen.
@ronfesta771
5 ай бұрын
Me thinketh the guys talking about how he doesn't want Gold to go to $5,000 because then we., will have........homelessness and wars!@!?🤪🤪😜 Chuckle chuckle......Mike!!🤑🤪
@user-qm6xy6ie6r
4 ай бұрын
The dollar will cease to exist, so there will be no conversion to dollars. A new currency will be implemented. Gold will retain its purchasing power as it always has. You are completely missing the point.
@Ty-lz3iz
4 ай бұрын
Predict rain long enough.
We’ll be lucky if gold hits 2500 this year. Extremely lucky
@CanesFan65
5 ай бұрын
Haha,,,,,,Exactly what I just said!
@chuckmorton8823
5 ай бұрын
exactly
@DavesNotHome
5 ай бұрын
Most people will be lucky if they are still alive by the end of 2024. Good luck and hope you're prepared both mentally and physically. Gold and silver will be helpful to those who make it through 2024.
only 5000$? what a disappointment
@calibre92
5 ай бұрын
That's just for 2024
I looked at Walmart gold and silver prices and they were charging more than my regular source. I wish I had bought more gold back when I started buying gold at $1000 per ounce. With a gold/silver ratio of 88 I'm going to stick with buying silver instead of gold.
@michaelmccotter4293
5 ай бұрын
Silver will outperform Gold by far, as it historically always does.
@ccorm3350
5 ай бұрын
Silver is good, but it won’t become a world standard. Gold may go-up dramatically to equalize government debt. Silver is more of an industrial metal. It may follow the industrial economy (down).
@gwills9337
5 ай бұрын
You want to have a clutch of silver but gold is what the Fed and the Annunaki want, so you need exposure to that
@gerryboy3699
5 ай бұрын
i disagree, whenever gold dramatically goes up Silver will follow and exceed in %, it happens every time gold gets too expensive@@ccorm3350
I think it was maybe 2004 or 5. There was a radio ad that said, 'Gold could reach $600 / oz. I'm on My way to work for a 12 hour shift laughing at the radio. Whatever! Then it blew right through it.
If central banks get forced into once again backing fiat with gold 5000 per ounce seems minimal.
@John-wf5if
5 ай бұрын
Central banks aren't going to tie themselves to anything. They are scoundrels who are addicted to debasement and the simultaneous degradation of many elements of society.
@scottosborne8735
5 ай бұрын
Unless epic deflation...
@brianb6957
5 ай бұрын
It is
@shadowbanned4days
5 ай бұрын
Usps is completely bankrupt. They even steal
@gwills9337
5 ай бұрын
$25k to $50k
HI Mike, just curious why you've mentioned several times that the book "The Great Taking" was written from a conspiracy theory perspective? I found all claims made by the author to be supported by his citations and laws on the books. I guess connecting the current laws on the books that support "the taking" of all collateralized assets may be somewhat conspiratorial but why else would those laws be in place? Thanks for all your great info!
@jamesers99
5 ай бұрын
I totally agree with you. Some people get uneasy about conspiratorial viewpoints because of the way that "tin-foil hat wearing conspiracy theorists" are caricatured, ridiculed and ignored (often by design).
Our investment advisor told us we shouldn’t do any gold. We cashed out and now are doing gold for saving purchasing power and will have to educate ourselves on investing before we do it again in the future.
@michelgrandmont8268
5 ай бұрын
Get Mike's books to educate yourselves! They really are, by far, the best sources!!!
@Have.An.AmicoDay
5 ай бұрын
Gold goes up 15% a year, proven track record of last 20 years. If in one or two years it doesn't perform, it will make up for it in the following year or two.
I’m not sure what Mr. Maloney means by “The Great Taking” being written from a conspiracy theory point of view. Mr. Webb wrote that book and showed evidentiary receipts for each of his claims and positions, the very antithesis of “theory”, conspiracy or otherwise.
@HandsomeHank357
5 ай бұрын
Bank bail-in
Here are some acronyms I was playing with 1. BRISEA Union 2. BRICSAE Coalition 3. BIRECA Alliance 4. BRACTIDE Pact 5. BRISEAFED Assembly 6. BRICSA+ME Unity 7. BRICSEA-UAE Accord 8. BRICSAME Federation 9. BRISEA+ Summit 10. BRICMEA Coalition 11. Braise Summit
@Sticks-of-TNT-tf1tn
5 ай бұрын
BRICSAME flows off the tongue and is easy to remember. Good job on the list. It may be a futile exercise though as I understand there’s a long line of additional countries wanting to join. I don’t see any stampede to join the “collective west.” 🧨
@MurphWilds
5 ай бұрын
Bractide pact 🤣
@markconsentino3013
5 ай бұрын
I cheated using AI but best I got was BRICSEUISE
Alan was 🔥, great show!
Do you predict more bank layoffs? And/or downsizing in 2024?
Thank you Mike and Alan,appreciate all of your insght
The meme at the end was too funny. Thanks for a good laugh!
Fascinating update.
I think a new name for BRICS should be The Eastern Economic Union
Quick search on on this channel. 12 years ago: 20000 gold. 10 years ago: 5000 gold. 4 years ago: 5000 is cheap for gold. 3 years ago: 5000 gold.
👏🏾👏🏾👏🏾Good Job, please keep it up.
doubt it very much
I love this new setup with the two of you. Guest request: I hope you can have a conversation with Whitney Webb on your show.
$5000 gold in 2024? No. Video is clickbait. Gold might hit $2200. Where is the silver breakout?
But, you're still pricing gold to the dollar or the Fiat system
Thank you After the 1980 spike gold and silver prices plummeted and stayed low for decades. Please make a video exploring the odds of this history repeating.
@georgeorwell3501
5 ай бұрын
The goal is to sell the metals at near all time highs and use that currency to buy the next undervalued asset. I’m only in metals as they are extremely undervalued. Once they are overvalued buy the next undervalued asset class.
@Myscentsei
5 ай бұрын
That was when a home avg under 100K and gas was almost a buck.
@Have.An.AmicoDay
5 ай бұрын
If you take a strait line from the lows in 1980 till today, that silver line is somewhere around 17 dollars. The 1980 Hunt brother thing was manipulation, and should not be calculated in any figuring of prices, it was an anomaly and nothing else.
@user-qm6xy6ie6r
4 ай бұрын
Zero. Its been manipulated, and the mechanism has been destroyed. A new currency is coming. Gold backed.
I love that meme at the end of the presentation.
Mike, to answer one of your questions - Credit Suisse was founded in 1856 to fund the development of Switzerland's rail system. (Wiki). Worrying times but thanks for another great video interview.
Mike, Are you saying you will only buy back metals if you sold it? That has been my concern and also my experience with dealers. Not as universal and liquid when you experience that.
@herrrechtschreibprufung7807
5 ай бұрын
you do not want to sell to dealers other than small quantities. You want to exchange your metals for assets under foreclosure
I agree. We need to develop a methodology for measuring the value of gold rather than discussing prices in terms of fiat currency. It's totally irrelevant. I'm surprised Mike talks about gold in this way.
@michelebroyles6941
5 ай бұрын
Russia/Putin announced at least a year ago that they (BRICS) will have their own version of COMEX and will be setting the valuation. Somehow the media did not cover it and I’ve seen no one else even mentioning something so YUGE.
Everyone guess in regards to gold price , i don’t think anyone has been correct for years , so i will make a guess = by the end of 2024 gold will be 2, 750 dollars = see you in 12 months.
Thanks Mike! Watch gold hit 5 digits where it belongs, yet we need to quit exporting both gold&oil
@DavesNotHome
5 ай бұрын
5 digits of toilet paper currency? Who cares?
Assuming a person counts at a rate of one number per second without any breaks, it would take approximately 1,077,000 years to count to 34 trillion. This calculation assumes there are no pauses for rest, sleep, or other activities.
It was mentioned during Above Posting that maybe it might be appropriate to have another "WORD" to replace the acronym for "BRICS", ( but I do not agree ) unless the letter "K" was simply added = "BRICKS". To all those reading these comments here, the reason for the Word "BRICKS" ( to replace the Current word "BRICS" ) = How many of you reading this have seen the MGM Movie: "THE WIZARD OF OZ" ? Do you Know the "SIGNIFICANCE" of Use of that FIRST Song in the TECHNICOLOR portion, and what is "IMPLIED" in that Lyric? The song being referred to here is "FOLLOW THE YELLOW BRICK ROAD", what do you Think this Lyric is Referring to? And "WHAT ARE THE YELLOW-BRICKS MADE-OF? The Original Books that made up the FILM VERSION of "WIZARD OF OZ" were by Author FRANK L. BAUM. Could it be that the Author Frank L. Baum knew a Thing or Three about "REAL-MONEY" and what consists of True earthly Wealth ?
Can silver hit whopping $30?
@Jaypilot100
5 ай бұрын
It will hit it but will probably fall back to 22-23
We could pay off the 34 Trillion debt at $100 per second, ($360,000 per hour) and it would only take 10,781 years.
Walmart and Costco, are they also selling silver?
What if BRICS countries decide to reposition price of gold and push CITY OF LONDON and JP Morgan on side and tell them now is this much and your money worth this much and all trades will be calculated by new policy of trade in new gold price
All this talk about coups, revolutions, marshal law, food and gas shortages, etc, is making me nervous. Hopefully it won't happen but I never expected my country to get to this point.
@andleschwing2259
5 ай бұрын
I feel like most of that talk is Qanon type BS (propaganda spread to gullible people online) to keep people in fear or to get them to not take any action because some 'good guys' group is secretly going to come out of the woodworks to take out the evil 'bad guys'. I'd suggest being as prepared as you can for anything but don't let it worry you to death.
the CRIBS
The gold price will be whatever the banks say it will be.
@bobsilver3983
5 ай бұрын
The FED/Mega Banks
Hey Mike and Aan - You may very well be right. When Gold finally becomes untethered , and I don't think this would have happened without the emmergence of the BRICS plus, an actual price discovery will transpire no longer tethered by the dictates of the US financial crime syndicate. It will be spectacular and very satisfying. p.s. Alan your a great orator and have a pleasant face, you could loose the goofy faces that are posted on the cover photos for your videos. p.s.p. is Mr Maloney grooming you as a takeover face and personality, if so I say good choice. Thankyou both for the real intel
BRICS plus
It would take 31000 years to count to a Trillion. So you better get started.
If you don’t hold it you don’t own it! I love what you do Mike, but if SHTF hits how is your storage helping us then? Grid down? Banks off?
Could .. is it possible .. maybe .. hmmm!
GOCC: Gold Oil Commodity Countries
Hudge CUP formation suggest move till ~ 4000 $
If there is $10T in bank deposits now. Then you should brace yourself for higher for longer. The FED will not be cutting. I anticipate this year 4 rate hikes. Jamie Dimon was correct
@gwills9337
5 ай бұрын
Impossible - this is an election year. The FED will support the incumbent and can’t afford to let debt rollover at current levels.
🙏
Yup sure
That meme is hilarious 😂
Lol. Mike. Come off the mountain in Puerto Rico and live in Detroit, Chicago, San Francisco then make your comparisons.
How did we become such a banana republic, you ask. The answer is simple: The World Economic Forum.
@joefer5360
5 ай бұрын
US economic export is debt and "culture".
Belt and Road Initiative Countries. Rev 17:12
Quite possible.
@John-wf5if
5 ай бұрын
Not remotely.
@aab-el9bd
5 ай бұрын
Most people don’t understand why gold isn’t still 800, or 400. Claiming to know what “remotely” would happen is not an argument.
If you set a computer count 3 "ticks" a second, it would take over ten-thousand years for it to count to 1 trillion.
New name “GOLDBRICS”
Remember these predictions are for the price at the end of 2024. Prices could be higher (or possibly lower?) anywhere during the year...
$5,000. Is fair market value today. Gold is way too cheap right now.
I’m in the camp that gold will do whatever gold will do…. The upside could be scary the down side well….. are central banks selling????
member of parliament of Lithuania got convicted for bribery ant put to jail. However. His membership at parliament was not suspended (do not ask how - more of the banana republic stuff) and now parliament is in dilemma what to do. convicted MP should participate at parliament sessions and even vote (remotely). it is both funny and sad.
In the nineties I met a Saudi and Libyan students Saidi said that all expenses were paid by Saudi government Same with Libyan but in addition all residents were paid a monthly oil royalties Compare that with a freer west
Gold going parabolic wouldn't be a sign of things falling apart, it would simply be a recognition that they already have. Remember the "Big Short"? The housing market was toast long before the MBS credit ratings were downgraded.
Gold and Silvers price is determined by "The Club"..... and thats the fact Jack!
That meme is hilarious
How can we get small businesses to buy and sell in gold n silver?
PM's have been basing since 2011, especially Silver. With the debt crisis that's dead ahead, prices will explode.
Mike your Saying 5k , thats peanuts compared to were it can really go with hyperinflation!! Like a million or billion an oz?? Its happened in Venezuela not long ago soon Argentina etc!!
If gold hits 5 grand ,what will silver be ?
@serraios1989
5 ай бұрын
$15 🤣
To put the National debt into perspective. If 1mm is $1Million , 1metre is $1Billion then $34 Trillion is 34 kilometres.
Look back on Jan 2025. Gold willbe 2500
Excellent show!!! You can quote me on that.
You can giggle all you like. But things are going to keep chugging along the way they've always been. It will confound you, and with each passing year you'll keep saying 'it's almost certainly going to hit the fan NEXT year' all the way to 2030 and beyond. We live in the twilight zone now. Get with the times Mike.
Gold is $2000 righ now and For gold to reach a value of $4000, its market cap would need to be double. Currently, the market cap is almost $14 trillion, which means that an additional $14 trillion or more would be required to achieve a number like $4000. I feel that's kinda impossible in the year 2024
@philippayne4951
4 ай бұрын
Governments keep on printing paper, which now is becoming worthless. If governments do not stop this, then gold will continue to keep on rising. I am interested to see what happens, in the river ufraties, as it has left a mountain of gold. Is this where the armies from the north, the east the west and the south fighting over it, Armergedon.
uh huh.....
Gold $5000? Haha 😂 NOOOO WAY!
So gold hits $3000. I sell and now I have currency. What do I do with it?
@tubesoupio
5 ай бұрын
You only sell a little at a time, as you need some currency to pay for whatever.
I sold all of my precious metals last week because the system will not last to the primaries and of the manipulation of the market by the goberments.
The BRICABRACS ?
Same for the US debt. The amount of US debt is also irrelevant since it will never be repaid. The debt is also demoninated in fiat currency which according to Mike is NOT real money.
@user-qm6xy6ie6r
4 ай бұрын
Its not real money as a matter of fact. Only gold and silver are money. Article 1, section 10 USC.
2008: Could gold hit $5000 in 2008? 2009: Could gold hit $5000 in 2009? .. .. 2024: Could gold hit $5000 in 2024?
The difference is that your house is going to burn down eventually. Some would say its better to get it over with.
larger brics acronym - Co-operative And Non aligned Economic Block - CANEB
another guy on You Tube is calling for 1880 gold, possibly to 1200 Makes my heart warm to read that, not
A chatbot put the price at $2100 to $2200 end of 2024. The chatbot is likely less biased.
I don't think I can listen to videos like this any more; they just make me tired..................
Mr gold Jim S. 50,OOO.OO
SCURBIEES !!! See you in the morning!
The Sticks! Because they are about to stick it to the Fed Bankster's!
18:09 The funny thing with a Trump president could running his presidency in jail and he have the power to pardon himself from jail and be free. That will be fun to watch.
Clickbait.
Much of the civil revolt in Central and South America over a hundred years ago was due to (1) Strangulation of the labour market by big business, and (2) The inablilty of governments to discriminate between business interest and national interest. If there is to be a coup in the USA, will it be for the purpose of protecting the privilege of big business, or for the purpose of attaining justice for the working populace?
BRICLOADS+
These kinds of click bait titles really piss me off. Gold has moved sideways for the last 13 years and is struggling to hold 2000 and Mike wants people to think it can more than double in a single year.
@jaroslawjakubowski8438
5 ай бұрын
Nie ważne kto co chce, pomyśl ile przez te 13 lat zostało nadrukowane pustych pieniędzy które zostały wpuszczone do gospodarki światowej. Dom który wybudowałem 11 lat temu dzisiaj jest droższy o 100% czy mój dom w którym mieszkam zmienił się? Nie to pieniądze straciły wartość, ja nie jestem bogatszy. Dlatego złoto również wzrośnie nie wiem kiedy ale wiem że to nastąpi.
The conspiracy side of this subject absolutely does matter, and I’m always flabbergasted that leaders in the industry don’t want to talk about it. Yeah, you can get some gold and maybe last a little longer the your fellow countrymen. But we have serious problems on our hands, and only in identifying the perpetrators of these scams, and of all the conspiracies we’ve been subjected to, will we be able to right the wrongs.
Welcome to Bannanarama where it's party time all the time.
100 trillion in 10 years
? Why would the world bank be so pessimistic toward the price of gold what tomfoolery is in place in either reality or lieing
The old man got into alle.s stash. They both high
..All this and silver is a 20 spot😅