Gold Prices Will SHOCK Everyone In 2024!! (Here's Why)

Ойын-сауық

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Пікірлер: 944

  • @August-Felix
    @August-Felix16 күн бұрын

    I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.,.

  • @Wilhelmina-Luisa

    @Wilhelmina-Luisa

    16 күн бұрын

    I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.

  • @August-Felix

    @August-Felix

    16 күн бұрын

    @@Wilhelmina-Luisa That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

  • @Wilhelmina-Luisa

    @Wilhelmina-Luisa

    16 күн бұрын

    @@August-Felix My advisor is Victoria Carmen Santaella

  • @Wilhelmina-Luisa

    @Wilhelmina-Luisa

    16 күн бұрын

    You can look her up online

  • @madidi_26

    @madidi_26

    16 күн бұрын

    @@Wilhelmina-Luisa The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?

  • @Jersderakerguoe
    @JersderakerguoeАй бұрын

    In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.

  • @CraigLloyd-fz6ns

    @CraigLloyd-fz6ns

    Ай бұрын

    If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.

  • @bernadofelix

    @bernadofelix

    Ай бұрын

    you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.

  • @Hectorkante

    @Hectorkante

    Ай бұрын

    this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

  • @bernadofelix

    @bernadofelix

    Ай бұрын

    My CFA ’Melissa Terri Swayne’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

  • @ScottKindle-bk3hx

    @ScottKindle-bk3hx

    Ай бұрын

    Appreciate this recommendation, hopefully I can get some insight to where the market is headed and strategies to beat the downtrend with when I hear back from Melissa.

  • @JuanCarlosparra436
    @JuanCarlosparra436Ай бұрын

    I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, aiming to retire comfortably.

  • @VeronicaLodge-do2sz

    @VeronicaLodge-do2sz

    Ай бұрын

    I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.

  • @JaneGallagher-ur9jp

    @JaneGallagher-ur9jp

    Ай бұрын

    A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k

  • @JaneGallagher-ur9jp

    @JaneGallagher-ur9jp

    Ай бұрын

    Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets

  • @FrankCutler-bh7oo

    @FrankCutler-bh7oo

    Ай бұрын

    Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

  • @jameswood9772
    @jameswood9772Ай бұрын

    Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions

  • @alexyoung3126

    @alexyoung3126

    Ай бұрын

    Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through

  • @bobbymainz1160

    @bobbymainz1160

    Ай бұрын

    Right, I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments.

  • @chris-pj7rk

    @chris-pj7rk

    Ай бұрын

    once you hit a big milestone, the next comes easier.. would you mind dropping info of your invt-advisor please? i'm in dire need of proper asset allocation in order to achieve an optimal portfolio till year end, thanks in advance ..

  • @bobbymainz1160

    @bobbymainz1160

    Ай бұрын

    Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with ''Melissa Maureen Ward'' for the last five years or so, and her returns have been pretty much amazing.

  • @chris-pj7rk

    @chris-pj7rk

    Ай бұрын

    Appreciate this recommendation, hopefully I can get some insight to where the market is headed and strategies to beat the downtrend with when I hear back from Melissa.

  • @PatrickLloyd-
    @PatrickLloyd-2 ай бұрын

    It’s always a good option to keep some gold. Well with the current market situation and everything at stake with the present economy, I’d say you’re better off staying away from stocks

  • @PhilipDunk

    @PhilipDunk

    2 ай бұрын

    Although the SEC's approval of the first cryptocurrency exchange fund (ETF) is predicted to boost the market's performance in 2024 compared to all other equities sectors, the market is still quite volatile, so if you're new to it, it's preferable to speak with an experienced counsel for advice.

  • @JefferyDuns

    @JefferyDuns

    2 ай бұрын

    I think having an investment advisor is the way to go. I've been with one because I lack the expertise for the market. I made over $490K during the recent dip, highlighting that there's more to the market than we average folks know.

  • @Mr-sweeny

    @Mr-sweeny

    2 ай бұрын

    who is your advisor please, if you don't mind me asking?

  • @JefferyDuns

    @JefferyDuns

    2 ай бұрын

    Amber Dawn Brummit is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

  • @Mr-sweeny

    @Mr-sweeny

    2 ай бұрын

    I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

  • @Cammimullens
    @CammimullensАй бұрын

    Great video, I have a quick question. I am an aspiring trader, I am looking study some traders and earn off their expertise rather than investing myself and lose money emotionally. Whats your take on copy trading? Do people really make money? Just looking for some reassurance. Thank you!

  • @TitaAnderson

    @TitaAnderson

    Ай бұрын

    Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder

  • @marlisamirabal

    @marlisamirabal

    Ай бұрын

    The truth is that this is really not as difficult as many people presume it to be. It requires a certain level of diligence, no doubt, which is something ordinary investors lack, and so a financial advisor often comes in very handy. My friend just pulled in more than $84k last month alone from his investment with his advisor. That is how people are able to make such huge profits in the market

  • @softy-bf5eg

    @softy-bf5eg

    Ай бұрын

    nice! once you hit a big milestone, the next comes easier.. who is your advisor please, if you don't mind me asking?

  • @marlisamirabal

    @marlisamirabal

    Ай бұрын

    ANGELA LYNN SCHILLING' is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

  • @softy-bf5eg

    @softy-bf5eg

    Ай бұрын

    Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

  • @mikey43221
    @mikey43221Ай бұрын

    It’s always a good option to keep some gold. Well with the current market situation and everything at stake with the present economy, I’d say you’re better off staying away from stocks fr awhile or better still reach out to an adviser for guidance.

  • @lawrencedyke

    @lawrencedyke

    Ай бұрын

    The checking and savings accounts are secured by FDIC upto $250k up to a credit limit. This ensures consumers that their money is safe during bank failures. The recent bank failures are base on poor management, too much lending, bank runs, unknown from bank consumers.

  • @DavidCovington-st2id

    @DavidCovington-st2id

    Ай бұрын

    true, A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far

  • @WillieNickell

    @WillieNickell

    Ай бұрын

    I find your situation fascinating. Would you be willing to suggest a trusted advisor you've worked with?

  • @DavidCovington-st2id

    @DavidCovington-st2id

    Ай бұрын

    Vivian Carol Gioia is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

  • @WillieNickell

    @WillieNickell

    Ай бұрын

    Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

  • @IAMBETTERTHANYYOU
    @IAMBETTERTHANYYOU4 ай бұрын

    I think I'll be investing more in gold mining stocks and other stocks going forward. The fact that stocks offer potential for growth, dividend income, and liquidity makes it more appealing. I am keeping my bullion still, but curious on where else to spread $400k for long term returns.

  • @TruckeeFam

    @TruckeeFam

    4 ай бұрын

    You shouldn't be looking anywhere else than the stock market, i still think gold prices are high manipulated and i want a store of value that is highly liquid. Consult a fiduciary advisor to help set up a good portfolio as one wrong move could significantly erode it.

  • @84gaynor

    @84gaynor

    4 ай бұрын

    Exactly, a good number of people discredit the effectiveness of financial advisor, but over the past 10years, I’ve had an advisor consistently restructure and diversify my portfolio and I’ve made over $4 million in gains… might not be a lot but i'm financially secure and that's fine by me.

  • @elizabethyork590

    @elizabethyork590

    4 ай бұрын

    Your advisor must be really good, how I can get in touch with them as i want to secure my financial future?

  • @84gaynor

    @84gaynor

    4 ай бұрын

    'Theresa Dana Peek' is the financial advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

  • @elizabethyork590

    @elizabethyork590

    4 ай бұрын

    Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.

  • @avilakamionctr
    @avilakamionctr5 ай бұрын

    In the face of a swiftly changing and unpredictable economic environment, possibly on the cusp of significant shifts, it's increasingly important to diversify your investment portfolio. Venturing into physical assets such as gold and silver, as well as engaging with more dynamic options like cryptocurrencies, can provide a strategic defense against inflation and economic turbulence. This strategy highlights the necessity of staying informed and proactive, combining classic and modern investment methods to foster financial robustness during uncertain periods. My own experience is a testament to this approach: by adopting Cheryl Atonal’s trading strategies, I have successfully gathered 26 bitcoins in just a two-month timeframe, which is a strong endorsement of her proficiency in this field.

  • @TumiNtsie

    @TumiNtsie

    5 ай бұрын

    Finding her name here is unexpected. As a beginner, she guided me, teaching essential trading principles and sharing her daily strategies. Her courses are excellent, and I'm now earning daily in cryptotrading , thanks to her.

  • @Lawrance-oq5xs

    @Lawrance-oq5xs

    5 ай бұрын

    I just looked up her name on Google and saw her impressive result. I will get in touch with her shortly, thanks for this.

  • @Roblesperez197

    @Roblesperez197

    5 ай бұрын

    In my opinion, the pandemic has underscored the significance of diversifying income sources. Merely having a job doesn't guarantee security; the true assurance lies in cultivating various investments.

  • @MooreRox288

    @MooreRox288

    5 ай бұрын

    Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Cheryl’s insights. It's akin to finding a diamond in a coal mine.

  • @mr.g1758

    @mr.g1758

    3 ай бұрын

    Spoken like a true academic professor.

  • @Riggsnic_co
    @Riggsnic_co5 ай бұрын

    At this moment, it is crucial for individuals to prioritize investing in alternative streams of income that are not reliant on the government, particularly with the existing worldwide economic crisis. Investing in stocks, gold, silver, and digital currencies can still be profitable during this period. Therefore, it is advisable to explore these investment options to secure one's financial future.

  • @CraigChap_6898

    @CraigChap_6898

    5 ай бұрын

    You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment.

  • @maga_zineng7810

    @maga_zineng7810

    5 ай бұрын

    In my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.

  • @usieey

    @usieey

    5 ай бұрын

    I agree, my profit has been consistent no matter the market situation, I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from an investment adviser that was recommended by a popular economist on a subreddit, long story short, its been 2years now and I’ve gained over $850k following guidance from my investment adviser.

  • @CraigChap_6898

    @CraigChap_6898

    5 ай бұрын

    I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you?

  • @usieey

    @usieey

    5 ай бұрын

    My advisor is ‘’Natalie Lynn Fisk’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

  • @Varsha-Dristi0038
    @Varsha-Dristi00385 ай бұрын

    Been stacking a lot of SYN24R and cash after DCAing a bit this year. Will buy more at least around the November December lows and below

  • @joetheox1202

    @joetheox1202

    5 ай бұрын

    SYN24R is moar potent than smack.

  • @Siddhi-Sudeepta65373
    @Siddhi-Sudeepta653735 ай бұрын

    They will both serve a function and niche. SYN24R has a lot more momentum right now and will decentralize as it scales

  • @Pubtomfoolery

    @Pubtomfoolery

    5 ай бұрын

    SCAMMER ALERT 😂😂😂

  • @joetheox1202

    @joetheox1202

    5 ай бұрын

    SYN24R is the next strain out of Wuhan

  • @Shukti-Dipali9252
    @Shukti-Dipali92525 ай бұрын

    institutional buying into SYN24R could totally break the cycle and the peak expectation of end of 2025 will likely spectacularly fail to appear. If the last double peak was odd, the next one will catch most people out again.

  • @SmithsnMoz

    @SmithsnMoz

    5 ай бұрын

    😅😅😅

  • @Pubtomfoolery

    @Pubtomfoolery

    5 ай бұрын

    SCAMMER ALERT 😂

  • @SmithsnMoz

    @SmithsnMoz

    5 ай бұрын

    @@Pubtomfoolery ... I knew it was a SCAM from the up-votes they give themselves...😆 🤣

  • @Inderjit-Sima386
    @Inderjit-Sima3865 ай бұрын

    I have a fairly large holding of SYN24R. And 90% or it is because I believe in the asset itself. Its actually the chain that makes me want to dev on top of it and learn Haskell.

  • @SmithsnMoz

    @SmithsnMoz

    5 ай бұрын

    Scammer ALERT 📢

  • @joetheox1202

    @joetheox1202

    5 ай бұрын

    Is that the latest variant of interest?

  • @youflatscreentube
    @youflatscreentube5 ай бұрын

    Gold and silver are two of the most manipulated commodities in the world (evidenced by the massive fines dispensed to JP Morgan and others). So, to consider the effect on pricing without identifying the manipulation is not reasonable. They “change” the pricing to arbitrage between different assets in the “off season” and then it does its job as a long term preservative of wealth. I appreciate George’s honesty on this one!

  • @sdrc92126

    @sdrc92126

    5 ай бұрын

    In that case it's pointless to try and figure anything out, just follow the big money

  • @antonioas709

    @antonioas709

    5 ай бұрын

    This is what ive been saying

  • @paulbunyon6324

    @paulbunyon6324

    5 ай бұрын

    except what you are talking about is paper gold related to paper currency. The purchasing power of physical gold never really changes over the long term, making it the true store of value over time.

  • @alanlawlor3134

    @alanlawlor3134

    5 ай бұрын

    So if the price of gold is merely what JP spoof it to then the price is pretty much irrelevant? If they want to make it 500 usd per ounce next year whats stopping them? We won't get it for that price cos mints will all claim to be out of stock but they can still smash it as low as they want?

  • @johndover3626

    @johndover3626

    5 ай бұрын

    However much they manipulate gold, it doesn't seem to stop the price from rising long-term. How much gold does the U.S. hold in its vaults?

  • @Liberty-tn3rs
    @Liberty-tn3rs5 ай бұрын

    George ; I believe the gold market is manipulated , yet all the major banks have loaded up on gold & silver.

  • @cornstar1253

    @cornstar1253

    5 ай бұрын

    That just means they have alot to sell pushing the price way down

  • @youtubasoarus

    @youtubasoarus

    5 ай бұрын

    Yep, I think they use it for leverage and sell paper against what they have which is smart of them and dumb for the paper holders.

  • @StephanePasquierThailand

    @StephanePasquierThailand

    5 ай бұрын

    All markets are manipulated.

  • @ThePolysyllabist
    @ThePolysyllabist5 ай бұрын

    Gold isn't going up, the value of the dollar is going down. Generally, gold price is manipulated to mask the decline of the value of the dollar, and we're all just waiting for those tricks to reach the end of their ability to be played.

  • @MegaHowtoMan

    @MegaHowtoMan

    5 ай бұрын

    This. It's manipulation by CME. And devaluation of USD.

  • @dr.davespinballrestoration3764

    @dr.davespinballrestoration3764

    5 ай бұрын

    So glad others get this as well

  • @wolfgangwust5883

    @wolfgangwust5883

    5 ай бұрын

    Austrian economists know.

  • @chesskid1635

    @chesskid1635

    5 ай бұрын

    Whichever Gold will reach 2500 next year with HUGE EVENTS happening world wide 😉

  • @sheshotjfk8375

    @sheshotjfk8375

    5 ай бұрын

    Yep 🎯 Interestingly, this is the one thing he doesn't mention.

  • @catfeline1530
    @catfeline15305 ай бұрын

    Gold isn't really a hedge against inflation, although it can be protection from it. What it really represents is trust, or lack thereof, in the political system and elites. If you think the system is going to be highly corrupt, and people are going to be treated by garbage by elites and politicians, abused, have their rights attacked, then gold is a sure bet.

  • @BPoweredLove

    @BPoweredLove

    5 ай бұрын

    Agreed. When adjusted for inflation, it's quickly apparent that gold today is worth FAR less than it was in 1980. This "all-time high" talk these days is wildly misleading.

  • @supermash1

    @supermash1

    5 ай бұрын

    Good point. Thank pretty much sums up why I like gold - I have no faith or trust in the government or the banks or anyone "in charge".

  • @neoscot9091

    @neoscot9091

    5 ай бұрын

    100 %

  • @Plinker007

    @Plinker007

    4 ай бұрын

    Bob Menendez wanted gold for payment.

  • @markcole8887

    @markcole8887

    4 ай бұрын

    @@Plinker007

  • @TemplarYogi
    @TemplarYogi5 ай бұрын

    Gold will have the best years ever starting 2024 !

  • @daleb4148

    @daleb4148

    5 ай бұрын

    Gold has had great returns from 2012 till now!

  • @shawngouza139

    @shawngouza139

    5 ай бұрын

    ​@daleb4148 about the same returns as spy

  • @daleb4148

    @daleb4148

    5 ай бұрын

    I will buy because George says so! 🤡. He can’t be wrong!

  • @WSmith_1984

    @WSmith_1984

    5 ай бұрын

    ​@@shawngouza139can you hold spy in your hand?

  • @user-ny5xe2hx7t
    @user-ny5xe2hx7t4 ай бұрын

    If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you, prevent inflation from eroding your savings, build generational wealth, and cultivate good habits and financial knowledge, you must be in the market.

  • @ZoeWalker-kc8ip

    @ZoeWalker-kc8ip

    4 ай бұрын

    You are right.!

  • @ZoeWalker-kc8ip

    @ZoeWalker-kc8ip

    4 ай бұрын

    That is why I had to start forex trading 2months ago and I now am making benefits from it..

  • @GeraldBarnett-su8vo

    @GeraldBarnett-su8vo

    4 ай бұрын

    I'm glad I was introduced to forex trading and got the best teacher and mentor who helped me understand the financial market l'm grateful to Mrs Shanita 🙏🏻

  • @JoeCloud-hy2uc

    @JoeCloud-hy2uc

    4 ай бұрын

    Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade

  • @KadreYilmaz

    @KadreYilmaz

    4 ай бұрын

    "I've seen a lot of good testimonies about her, she must be honest and committed for people to talk this good about her services"

  • @alleneverhart4141
    @alleneverhart41415 ай бұрын

    So basically, you're saying the price of gold will fluctuate!? Genius, George, genius! (Can I get my 13 min and 51 seconds back?)

  • @dpirkl4560

    @dpirkl4560

    5 ай бұрын

    I felt cheated to at the end.

  • @musemellow

    @musemellow

    5 ай бұрын

    Is that all you learned from the video? I've learned not to look at inflation rate, USD value and try to predict the gold price against these.

  • @jes3013

    @jes3013

    5 ай бұрын

    George’s videos always full of good content, but this WAS a bit of a click bait

  • @dennisondegregor1829

    @dennisondegregor1829

    5 ай бұрын

    George never gives his own prediction, he just makes fun of Schiff’s prediction then says nothing about how all his history charts are impacting future prices.

  • @TheFunkybert
    @TheFunkybert5 ай бұрын

    Why would we NOT follow what the central banks are doing and buy more gold if and when they do?

  • @Muricastuff
    @Muricastuff5 ай бұрын

    I love gold and silver

  • @cranberryeater7459

    @cranberryeater7459

    5 ай бұрын

    Silver makes no sense to buy because the spread between buy and sell at dealers is ridiculous.

  • @GreatestAudioBooks
    @GreatestAudioBooks5 ай бұрын

    According to reports, Central Banks of the world have been buying gold at record rates. Unlike US treasuries , gold has zero counterparty risk. This could be the ‘why?’

  • @sdrc92126

    @sdrc92126

    5 ай бұрын

    Haven't China and India been on a hoarding spree?

  • @bubbajones4522

    @bubbajones4522

    5 ай бұрын

    Yes, all part of the globalist destruction of western civilization. COMEX and others have been suppressing gold against the dollar in an attempt to prolong the dollar fiat ponzi scheme. China and others have been taking advantage of this by buying physical gold (not fake paper gold) at these artificially low prices. Eventually one central bank will revaluate their fiat currency to gold ration forcing others to follow. This I think will be part of the trigger that breaks gold out against the dollar.

  • @TheFoxxxxxxxxx

    @TheFoxxxxxxxxx

    5 ай бұрын

    @@sdrc92126yup both their central reserves and private citizens are crazy for gold

  • @fredm1
    @fredm15 ай бұрын

    Hello, my portfolio is diverse, with investments in silver, digital currencies and very little gold , but not as much as I would want. Would like to add a lot of more gold, just not sure how to go about it. Diversifying my $370k portfolio across the markets to withstand inflation is my goal. Can you help me?

  • @georgeh.5126

    @georgeh.5126

    5 ай бұрын

    I think there are more qualified fin. specialists to provide this kind of advice. So, to help you out, you should work with a CFP rather than speculating.

  • @josephbush

    @josephbush

    5 ай бұрын

    I was earlier advised to find and work with a licensed advsor because I needed a substantial push to keep my portfolio afloat. She was really helpful in helping me develop my reserve from $225k to almost $850k, despite the market downturns. Maybe that's also what you need.

  • @tommyers0

    @tommyers0

    5 ай бұрын

    @josephbush Do you mind sharing info on the adviser who assisted you? I also have a plummeting portfoIio.

  • @josephbush

    @josephbush

    5 ай бұрын

    I take guidance from a Colorado-based wealth advisor 'Heather Lee Larioni'. She has a contact webpage, if you care for supervision. She's firmly established and well qualified.

  • @tommyers0

    @tommyers0

    5 ай бұрын

    Thanks a lot for this. I really didn't know what to do at this point.

  • @badboy-gn8fu
    @badboy-gn8fu5 ай бұрын

    Gold and Silver is money, everything else is credit

  • @dr.davespinballrestoration3764

    @dr.davespinballrestoration3764

    5 ай бұрын

    Not quite. Everything else is DEBT

  • @BatmanBoss
    @BatmanBoss5 ай бұрын

    Gold goes up when people are in fear

  • @jean-louislalonde6070

    @jean-louislalonde6070

    5 ай бұрын

    Well I believe that fear will be here when stocks, bonds and real estate all collapse in that order.

  • @ahmedbenidir7098

    @ahmedbenidir7098

    3 ай бұрын

    Yes,Elegantly summarized.

  • @andrewhall9051
    @andrewhall90515 ай бұрын

    My suggestion would be to stack Gold and Silver irrespective. Keep your Debts super low and build a solid cash base. Why? When we do get the GFC 2.0 and there are bargain basement prices on most asset classes - you won’t need bank debt to buy, you will have the cash ready to roll to snap up cheap assets from desperate buyers. With super low debt, your serving won’t be a factor and you will therefore have more discretionary cash to expand asset portfolio. Gold and Silver will keep ticking over nicely in the background 🎉

  • @soullama7237
    @soullama72372 ай бұрын

    Per ounce gold real value is more than $10000 if you backed up dollar value by GOLD, so load your bag with some gold folks still the system is compressing gold real value for time being but can’t in coming days.

  • @yongsukmccarthy8571
    @yongsukmccarthy85715 ай бұрын

    I have been buying gold and silver!!! They will be up and down ,but continuously going high…..

  • @HarrisRyan-oy8eo
    @HarrisRyan-oy8eo3 ай бұрын

    Gold and silver are set to log an uptrend in their values in 2024, as per the forecasts by UBS, as quoted on CNBC. This expected increase is largely attributed to the anticipation of the U.S. Federal Reserve cutting interest rates probably from May, can I safely invest $220k in the markets? What should I do differently?

  • @Debbie.Burton

    @Debbie.Burton

    3 ай бұрын

    Gold’s pricing has historically shown an inverse relationship with interest ratesWhen interest rates fall, gold becomes a more attractive investment compared to bonds and other interest-yielding assets so I suggest you get yourself an expert advisor to be on the safe side

  • @benitabussell5053

    @benitabussell5053

    3 ай бұрын

    Accurate asset allocation is crucial right now, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. financial advisory is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly $1m ROI

  • @A_francis

    @A_francis

    3 ай бұрын

    Market behavior can be complex and unpredictable. Mind if I ask you to recommend this particular advisor to whom you have used their services?

  • @benitabussell5053

    @benitabussell5053

    3 ай бұрын

    *Natalie Marie Gentry* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

  • @BenTodd-fl8nv

    @BenTodd-fl8nv

    3 ай бұрын

    I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

  • @TB-ki1ux
    @TB-ki1ux5 ай бұрын

    Appreciate the honesty George G, quality content and insights as usual

  • @gabrielsoler5771
    @gabrielsoler57715 ай бұрын

    If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance,but if you want to make your money work for you...prevent inflation

  • @lucymorris4182

    @lucymorris4182

    5 ай бұрын

    What are you talking about and how could this be explained?can someone please explain

  • @garyweber9118

    @garyweber9118

    5 ай бұрын

    I'm really confused, especially in market analysis,how are people using trading with them?

  • @minidinusmark1794

    @minidinusmark1794

    5 ай бұрын

    Trading with an expert is really beneficial. This will help you not to lose your money in the trading market.

  • @j_k_s2357
    @j_k_s23575 ай бұрын

    Cashed in 2/3 of my gold stash to put down payment on a farm. Sold house in city, moved to said farm. I love gold as much as most of you, but my family can’t eat it. I would say that farmland > gold at this point in time. Take care

  • @john316godlovesyou5
    @john316godlovesyou55 ай бұрын

    Excellent video George! Thank you! Have a Merry CHRIST-mas and God bless you!

  • @BlueWaterSTAX
    @BlueWaterSTAX5 ай бұрын

    Thanks George. Precious metals are going to the moon in 2024. Get some ASAP guys,before the HERD wakes up 🏅🥈🏅🥈🏅🥈

  • @SuperStunningdunning

    @SuperStunningdunning

    5 ай бұрын

    I hate to tell you this, but they are selling it at Costco, and that's when know the herd has already adopted it.

  • @DavidS-bm2st

    @DavidS-bm2st

    5 ай бұрын

    Lets hope "they" revalue gold way up higher to help the bankrupt banks to balance their books or pay their debts. They could revalue silver too!

  • @daleb4148

    @daleb4148

    5 ай бұрын

    I bought it way back in 2012 and have had great returns; so glad I bought gold back then before the herds got in on it. George is always on it by the way, fantastic track record.

  • @curtisrandolph1887

    @curtisrandolph1887

    5 ай бұрын

    Costco is pricing way over spot. They still buy it there. @@SuperStunningdunning

  • @plumairalbannach8492
    @plumairalbannach84925 ай бұрын

    Love Georges work, honest and easy to understand for the low educated like myself, thanks a million 😊

  • @kxjewelry7809
    @kxjewelry78095 ай бұрын

    Love your non bias analysis! Looking at facts, history, and probabilities.. Fantastic job!

  • @badboy-gn8fu
    @badboy-gn8fu5 ай бұрын

    Gold is not meant as an investment, it's for insurance

  • @Ofelas1

    @Ofelas1

    5 ай бұрын

    Gold (or FIAT will go down) will go up. BRICS do not care what the West does with Gold manipulation, they are stocking up and awaiting the collapse of G7 FIAT.

  • @paulivankovich7349

    @paulivankovich7349

    5 ай бұрын

    Can't understand why people don't get this

  • @mustang67

    @mustang67

    2 ай бұрын

    For when the S..t hits the Fan...coming soon!

  • @123Goldhunter11
    @123Goldhunter115 ай бұрын

    If you wait for a dip/crash to buy - doesn't the rise in premiums make up for the drop in spot price? Love your honesty.

  • @sawymath
    @sawymath5 ай бұрын

    My friend paid £2million for a house he didn't live in in 2006 and sold it this year for £2.25 million. If he'd have bought gold, he'd have £12 million now.😅 He doesn't like me to mention it, though 😂

  • @BPoweredLove

    @BPoweredLove

    5 ай бұрын

    Wow. He bought at the second worst time in history, but selling this year was a good move in preventing further losses as the real estate crash is only just beginning to form.

  • @notfromthisworld7558

    @notfromthisworld7558

    5 ай бұрын

    Ouch

  • @AlphaAurora

    @AlphaAurora

    5 ай бұрын

    He had 2M pounds to throw around in 2006?

  • @garymcmillan6943

    @garymcmillan6943

    5 ай бұрын

    I was going to be sarcastic and say, 'do you know what a mortgage is' then I thought... a 2 million dollar house is still a mortgage normies couldn't afford in 2006@@AlphaAurora

  • @benfox383

    @benfox383

    5 ай бұрын

    “ItS aBoUt TiMe In ThE mArKeT nOt TiMiNg ThE MaRkEt”

  • @jodymcdonald6902
    @jodymcdonald69025 ай бұрын

    Great video George. IMO, price will be determined by CB demand. Supply is pretty much constant. Not to concerned about a big drop because of lack of retail and investment bank ownership. Cup and handle patterns are high probability of breakouts as well!

  • @maxvangent3793
    @maxvangent37935 ай бұрын

    I think the main price drive for is just because it’s gold. The properties and fundamentals of this product are very strong. And that helps it react with those other indicators.

  • @mikkimikki5376
    @mikkimikki53765 ай бұрын

    Great content. ❤

  • @nickoutram6939
    @nickoutram69395 ай бұрын

    I think this is why its always a good idea to have 'spare cash' in your portfolio (=money market account), so that if stocks fall especially PM stocks because Gold falls in a liquidation event, you have cash to buy cheap.

  • @DebbieRanch-vn7no

    @DebbieRanch-vn7no

    5 ай бұрын

    I think she trades for everyone I meet. I met her twice at a meeting in Germany and after her lectures from Querida I had to personally ask her to be my financial advisor. He is definitely good

  • @SebastianDiaz495

    @SebastianDiaz495

    5 ай бұрын

    I trade with her every week and make huge profits from him. His consistency is crazy.

  • @GastonMoulin

    @GastonMoulin

    5 ай бұрын

    Jasmine is the Definitely the best so far. she always surprises me with amazing results.. We also plan to surprise her. You must have heard of it.

  • @SebastianDiaz495

    @SebastianDiaz495

    5 ай бұрын

    “Queridafx”

  • @SebastianDiaz495

    @SebastianDiaz495

    5 ай бұрын

    Nicegram

  • @jason41a
    @jason41a3 ай бұрын

    I don't think money supply directly correlates to gold price, but is fundamentally involved. If the economy is booming then the increase in money supply or velocity of money goes into reinvesting in the economy, e.g. stocks. But if the people are fearful and the economy shaky, then the excess money supply goes into gold. In the short to mid terms, it's just speculation dictating the price to a moderate extent.

  • @fionnaheller1873
    @fionnaheller18735 ай бұрын

    As a general rule, from an uneducated novice perspective, I used to regard a rise as indicating a global unsettling event and a fall as indicating the resolution of that. For the last year or two, gold has performed in the opposite fashion. I assumed it was being used to cream off large profits, which also acts as a safety valve on price, and I think they'll carry on doing that, if only for the fun of it. I only want the stuff I can hold myself and its yield is irrelevant. Its there for my children.

  • @jnucleo
    @jnucleo5 ай бұрын

    Several other factors worth noting that George didn't discuss. The coming implementation of CBDCs should drive more fiat into gold. Also, the fact that many central banks are acquiring more gold, especially China and Russia to avoid US sanctions.

  • @morpher44

    @morpher44

    4 ай бұрын

    yet, it is unknown how much Gold China and Russia have. This is a secret.

  • @gianthills

    @gianthills

    4 ай бұрын

    so if the whole system goes cbdc, how do you cash in your gold?

  • @morpher44

    @morpher44

    4 ай бұрын

    Also, if China and Russia have a lot of gold they are using for war, it stands to reason that the west would try to manipulate gold prices down to take the bite out of their agenda (as is the case with oil being manipulated down in price).

  • @richhands5269
    @richhands52695 ай бұрын

    My three favorite channels: George Gammon, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥

  • @PrincessUrata
    @PrincessUrata4 ай бұрын

    The stock market is a way to protect against inflation. Particularly in the midst of a recession, investors must understand where and how to allocate funds to protect against inflation and still make profits.

  • @callieraya001

    @callieraya001

    4 ай бұрын

    In my opinion, the impact of the rise or fall of the US dollar on investments is multifaceted, but learning how to grow your money has never been easier than now that you can passively explore and experience a truly diverse market by using an advisor. director portfolio.

  • @AlyssaMonetMason
    @AlyssaMonetMason5 ай бұрын

    Thank you for the update

  • @roberttaylor662
    @roberttaylor6624 ай бұрын

    I'm mostly in cash and waiting for this market to re-level on the reality of our situation. Or are there any ways I can avoid a crunch and maximize my savings of $350k? I know election years are positive for the stock markets about 90% of the time.

  • @purplebliss6875

    @purplebliss6875

    4 ай бұрын

    In the current unstable economy with diverse market opportunities, Considering consulting a fiduciary advisor for guidance on growing your savings may be your best bet!

  • @Andreallln

    @Andreallln

    4 ай бұрын

    @@purplebliss6875 Apt!! I was self managing but suffered heavy losses in 2022 and i knew i couldn't continue like that, so i consulted a fiduciary advisor. By restructuring and diversifying my $250k portfolio with dividend-paying stocks, ETFs, Mutual funds and REITs, I significantly boosted my portfolio, achieving an annualized gain of 25%.

  • @dogmom-pt5we

    @dogmom-pt5we

    4 ай бұрын

    Impressive! How can I contact this advisor? My portfolio has underperformed, and I need guidance

  • @Andreallln

    @Andreallln

    4 ай бұрын

    I don't comfortably throw recommendations around on the internet, but I've been working with 'Monica Amanda McClure'. God, she's brilliant! I'm sure there are others who are good.

  • @dogmom-pt5we

    @dogmom-pt5we

    4 ай бұрын

    I searched for her name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon

  • @wrillywonka1320
    @wrillywonka13205 ай бұрын

    I do agree that just like anything else the price of precious metals should definetly be affected by inflation. Its manipulation that makes it hard to pinpoint. As soon as they lose control of ghe ability to manipulate precious metals like hyper inflation..the metals will do exactly what they are suppose to

  • @morpher44

    @morpher44

    4 ай бұрын

    re: As soon as they lose control. And in all this time, my entire life, they haven't lost this control. So...

  • @wrillywonka1320

    @wrillywonka1320

    4 ай бұрын

    @@morpher44 well you do have a valid point. I cant say you dont

  • @morpher44

    @morpher44

    4 ай бұрын

    @@wrillywonka1320 what is going to make this much more complex is that we have western world A.I, with its agenda, fighting the A.I. of other advanced nations that have dictators. The only thing we can know is that volatility will be wack.

  • @wrillywonka1320

    @wrillywonka1320

    4 ай бұрын

    @@morpher44 that definetly a wild card but i think its in the govs interest to hyper infation as well as deflation which could be possible, making paying the national debt off a possibility

  • @vbonzo
    @vbonzo5 ай бұрын

    you are one of the few who admits that the chaos in the markets leaves us many unpredictable calls. thanks for that!

  • @gordongroves8519
    @gordongroves85195 ай бұрын

    problem with gold is that it's an alternate currency to the dollar, which is why the Fed illegally suppresses it, and will keep suppressing it

  • @tdowell8615
    @tdowell86155 ай бұрын

    So we didn’t learn anything. Cool.

  • @KhanhNguyen-ew6gq
    @KhanhNguyen-ew6gq5 ай бұрын

    George - You are one of the best economics and finance analyst I have ever heard or read. Thank for you brillant analysis based on Facts and Data - not opinions or conjectures. Your analysis clearly shows you always do your homework and your conclusions are based on logic combined with facts and data. Thank you so much for your providing invaluable analysis for our use! You are one in a million!!! 🙏

  • @lahawtho

    @lahawtho

    5 ай бұрын

    He said there may be double digit unemployment at the kickoff of 2024. And we’ll have a big recession. We’ll see what comes but Would you say he maybe messed that one up a bit? A recession may come but he’s off on unemployment and timing of that unemployment.

  • @psabrsula

    @psabrsula

    5 ай бұрын

    Yes, he is!

  • @daleb4148

    @daleb4148

    5 ай бұрын

    Yes George’s predictions on the housing market in 2020 and 2021 were spot on for sure. 🤡

  • @shmerd1
    @shmerd15 ай бұрын

    George, I love your video's and most of what you say seems to be spot on, that being said, when you talk about gold and don't use a gold chart that goes back to 1970, you avoid how poorly all asset classes have performed relative to gold. You really need to get your head around what happens at the end of a currency cycle. I think Lynette Zang might be able to help you out here. You might even say, you think this time will be different!

  • @johnmorelli3775
    @johnmorelli37755 ай бұрын

    Great presentation George! Thank You.

  • @User0player1
    @User0player15 ай бұрын

    quick! sell gold and get fed promissory notes!!

  • @sisensi3721
    @sisensi37215 ай бұрын

    Cycles, COT Positioning, and Sentiment are relevant factors in predicting the price movement IMO. An understanding that PMs are manipulated is also very important

  • @sisensi3721

    @sisensi3721

    5 ай бұрын

    @Alan_Greenspan Correct. The 'regulators' 'fine' them a tiny percentage of their profits and nobody goes to jail. Rinse and repeat

  • @Plinker007

    @Plinker007

    4 ай бұрын

    @@sisensi3721 Some say that's part of the design of the system which would make sense why nobody is punished. Then again, isn't JPM one of the Federal Reserve owners?

  • @lubosimaboshe
    @lubosimaboshe5 ай бұрын

    George is right DXY and Gold are not "really" correlated - Gold is an inflation hedge. The DXY is the dollar against other currencies. Gold Vs Dollar. The winner is Gold because it preserves wealth. The problem with the dollar is some people don't know how to trade the derivatives. Gold is Gold. Anyway awesome video

  • @normfarrell7804
    @normfarrell78045 ай бұрын

    silver bells…silver bells 🔔

  • @mrj9881
    @mrj98815 ай бұрын

    Calm down peter schiff

  • @whatcarisit6665

    @whatcarisit6665

    5 ай бұрын

    😂

  • @Makarovnik12

    @Makarovnik12

    5 ай бұрын

    😂❤

  • @bradkeeney5236
    @bradkeeney52365 ай бұрын

    Thank you for your honesty!

  • @trevordowney6425
    @trevordowney64255 ай бұрын

    Gold has been manipulated for SO LONG that NO ONE knows which way it will move in the short term. We do know why people buy it however and that's to maintain purchasing power over the long run which many argue it does. It certainly has since 2000 but, versus the total money (fiat dollar) expansion can be argued. There's a strong argument to hold it now given the amount of instability of financial markets, geopolitical tension and propensity of government deficit spending.

  • @singlefathersurrogacy
    @singlefathersurrogacy5 ай бұрын

    Who cares were about to have breadlines soon

  • @Elon_Trump

    @Elon_Trump

    5 ай бұрын

    rich people

  • @livinthedream7714

    @livinthedream7714

    5 ай бұрын

    You were?

  • @arronhopsburg8532
    @arronhopsburg85325 ай бұрын

    Gold is inversely related to confidence in the financial sector and currency. The lower confidence in those sectors, the higher the demand for gold.

  • @dk101likeu
    @dk101likeu5 ай бұрын

    George has no idea about gold prices for the future! ...classic George..Love your honesty my man!

  • @personalfreedom2700
    @personalfreedom27005 ай бұрын

    Gold goes up on anticipation for a future need for liquidity, given projected liquidity constraints… then gold inevitably gets sold off when the projected liquidity crunch occurs. So gold is always forward looking as it is low liquidity insurance. Broadly speaking oil prices trail gold by 20 months for this reason, as that’s about how far ahead gold looks. So you buy gold when you think liquidity will get tighter for the next 1-2 years, then sell it just before people capitulate and cash in on their liquidity insurance (thereby selling gold).

  • @user-ov9eu4gx3z
    @user-ov9eu4gx3z5 ай бұрын

    GG is one of the only financial KZreadrs who aren't stuck using the flawed assumption that trends/patterns of the past will continue into the future.

  • @JohnnyKelvin-gp5ri
    @JohnnyKelvin-gp5ri5 ай бұрын

    Despite the Economy break down I was able to earn $9000 while being home with the help of Mrs Evelyn , she is really a miracle worker thank you Mrs Evelyn

  • @GlobalTopsecurity

    @GlobalTopsecurity

    5 ай бұрын

    I'm from UK 🇬🇧🇬🇧 Ever since I met Evelyn I'm now living big man life she is the best

  • @OFFICIALKEANU

    @OFFICIALKEANU

    5 ай бұрын

    wow😮i know her and i have also been trading with her, she's such an amazing woman with good skills keeps me happy all week knowing i earn 15thousand extra income trading with her.

  • @KeanureevesManagement-nf6rj

    @KeanureevesManagement-nf6rj

    5 ай бұрын

    I've got up to 700K returns since I came across Mrs Evelyn trading platform, my financial life has completely changed all thanks to Mrs Nora

  • @Blessing-kl7yl

    @Blessing-kl7yl

    5 ай бұрын

    I started this with just £ 4,570 bucks my portfolio is worth much more now within just a week of trading with her thank you Mrs Evelyn

  • @jimmyphillip5965

    @jimmyphillip5965

    5 ай бұрын

    How is it possible place explain more about it because I have been hearing about her.

  • @archiehung6361
    @archiehung63615 ай бұрын

    Loved the video. Thank you so much!

  • @SulisHana
    @SulisHana5 ай бұрын

    Great video as ever George. Thank you

  • @JointStock
    @JointStock5 ай бұрын

    it's about investor expectation of future real interest rates, not the current real rates.

  • @72Brundlefly
    @72Brundlefly5 ай бұрын

    We are currently in a depression. The recession was last year. If you can't see that by now, you are blind.

  • @ahjohng
    @ahjohng5 ай бұрын

    Gold and silver are manipulated. They only go up in the time of hardship in terms of financial difficulties aka recessions where the government has more trouble to produce more adequate currencies to short gold and silver.

  • @patricktipton6048
    @patricktipton60484 ай бұрын

    I love your straightforward honesty

  • @bmtenoch8230
    @bmtenoch82305 ай бұрын

    I shouldn't have bought that ounce of gold, said no one ever...

  • @geoffmcarthy7314
    @geoffmcarthy73145 ай бұрын

    The only person that gets rich from gold is the person that inherits it !

  • @mortensandnes4465
    @mortensandnes44652 ай бұрын

    Q: I have had stocks in Pension fund in Black Rock world Gold for a year now. How come that when the price of gold goes up, the stocks go down? Love your videos👍🏻

  • @Magamomma22245
    @Magamomma222455 ай бұрын

    I'm having coffee tomorrow morning, I would enjoy making a cup for you George.

  • @motley331
    @motley3315 ай бұрын

    C'mon George You didn't really need to make this video. You didn't have much to say.

  • @jakewilkinson1655

    @jakewilkinson1655

    5 ай бұрын

    There's always something to learn from George

  • @daleb4148

    @daleb4148

    5 ай бұрын

    George will make a few thousand from making this video, that’s why.

  • @user-py7wp6nw9h
    @user-py7wp6nw9h5 ай бұрын

    you finally said something worth listening to : " Gold is not a way tp grow your wealth". I ll give you the props George.

  • @AllNighterHeider
    @AllNighterHeider5 ай бұрын

    Thanks George and rebel crew

  • @larrystanley1704
    @larrystanley17045 ай бұрын

    We’ve never been where we are going in 2024……😳

  • @kiwiJetsurf
    @kiwiJetsurf4 ай бұрын

    Click bait, wasted 13minutes of my life for him to say he don't know

  • @JakesCustomParts
    @JakesCustomParts5 ай бұрын

    Tks George for the video.. but not every one stacks Gold for your reasons given in the video... Generational Wealth... cause GOLD is Money... nothing more .. nothing less ... tks George... cya tomorrow Josh👍

  • @Pritika-Shubhangi8568
    @Pritika-Shubhangi85685 ай бұрын

    Im DCAing in AMS900D as well. ETH heavier DCA and ALGO. Im taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!

  • @doctorG960
    @doctorG9605 ай бұрын

    George, I HAVE THE ANSWER. I'm 73. Gold was downplayed ALL these years. The financial community wanted YOUR attention to the stock and bond and real estate markets, NOT TO METALS. This had to happen because of what NIXON DID, TAKING US ***OFF*** the Gold standard. That was big and we have been wandering in the desert ever since. UNTIL NOW...UNTIL RECENTLY. PM were always in the background, NEVER the focal point but the SYSTEM our govt wanted us to follow was stressed to the point of learning it in BUSINESS SCHOOL. ALL OF THAT IS CHANGING..ie COSTCO sold $100 mil in gold bars. People are waking up, the debt based system is WRONG. and the USD as the world resrve currency backed by nothing, IS NOTHING. So what's left? another graph on your white board?

  • @mattanderson6672
    @mattanderson66725 ай бұрын

    Thanks George!!

  • @rm5902
    @rm59025 ай бұрын

    Appreciate honesty n analysis

  • @djbareshi6632
    @djbareshi66325 ай бұрын

    thank you for your honesty ;))))) Best Man !!!

  • @siferd18
    @siferd185 ай бұрын

    Didn't gold go parabolic at that time most in part to the spot etf getting approved?

  • @keithrussell1999
    @keithrussell19992 ай бұрын

    Thank you 🙏

  • @martinbeyst8834
    @martinbeyst8834Ай бұрын

    The primary driver for the price of gold is interbank deelivery algorithm searching for liquidity. When liquidity builds below or above market price that liquidity is perched and the cycle continues.

  • @Daniel12.4Ministry
    @Daniel12.4Ministry5 ай бұрын

    There are many things that impact the price of Gold. Some of the variables are the purchase power of the dollar, industrial use, jewelry use, central banks demand as well as other considerations. The real question is should we value Gold in dollars, or are we valuing dollars vs gold? Look for Gold to go up in 2024 to at least $2200. with some dips. It may move much higher depending upon what happens moving forward.

  • @rogerburn5132

    @rogerburn5132

    5 ай бұрын

    Like the impact of manipulated. Precious Metals by JP Morgan 😂😂😂

  • @txp158
    @txp1582 ай бұрын

    You hit the nail on the head man. Good job.

  • @AchimDrescher
    @AchimDrescherАй бұрын

    I think the answer is debasement of currency. Under that concept asset prices can only go one way: up in nominal terms. Look at Venezuela, Argentina or Zimbabwe and how the stock market and Gold prices behaved. Yes you can say the currencies collapsed, but compared to what? The global reserve currency. What happens when the value of the reserve currency collapses against what? All other currencies have the same problem - excessive debt. So relative to each other they have no major change, but relative to real money (Gold/Silver) they all lose value / buying power. Additionally, there is the Euro Dollar market and a shortage of dollars worldwide. So we see the phenomenon of a strong gold price and a strong dollar.

  • @hassanj1861
    @hassanj18615 ай бұрын

    Here is what i learn over the years. Rates up = Inflation Rates down = deflation Deflation means rates fall and dollar falls. Increasing the price of all commodities. Before last 10 years there as no need for gold but because of the weponiziation of the dollar other central banks are buying gold and not dollars. This is a system shift. I think alot of people dont realise. If less people buy dollar and less trade is settled in dollars, the inflation gets imported back home to the US, dollar and rates will fall, sending gold to prices we never could have imagined. If Energy stays low or stable prices, alot of gold companies will be cashcows. In general many commodities. Excuse my poor english.

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