More Money Printing Inevitable; This Asset Will Be ‘Explosive’ | Jon Deluce

Jon Deluce, CEO of Abitibi Metals (CSE: AMQ | OCTQB: AMQFF), discusses why the Federal Reserve may "take the easy way out" and sacrifice the fight against inflation to prevent a recession. This will pave the way for explosive moves for certain assets.
*This video was recorded on April 23, 2024 and is sponsored by Abitibi Metals
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*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.
0:00 - Intro
1:12 - Gold and copper price recap
5:25 - Fed monetary policy
7:55 - Gold price outlook
9:18 - Copper outlook
19:05 - Copper mining
22:24 - Abitibi Metals
#commodities #stocks #economy

Пікірлер: 129

  • @andrewhill1251
    @andrewhill1251Ай бұрын

    Coincidentally , I had an explosive move this morning

  • @shkottrendezvous6644

    @shkottrendezvous6644

    Ай бұрын

    In what way?

  • @danrayson

    @danrayson

    Ай бұрын

    @@shkottrendezvous6644 //looks at bitcoin price// idk man. :P

  • @martinellis7156

    @martinellis7156

    Ай бұрын

    I hope you had a good supply of TP handy...hahaha..

  • @Fearzero

    @Fearzero

    Ай бұрын

    Eat more plants.

  • @bbustin1747

    @bbustin1747

    Ай бұрын

    What the dividend ? 😂

  • @nancygreen8186
    @nancygreen8186Ай бұрын

    Maybe we should start printing our own money to keep up with inflation.😊

  • @Fearzero

    @Fearzero

    Ай бұрын

    It's called bitcoin.

  • @originalfred66
    @originalfred66Ай бұрын

    There is a limit on copper prices. After a certain point, aluminum and plastic will be substituted. Aluminum is not as good of a conductor, but you just have to make the wires a little thicker. Aluminum is also harder to work with, but there are work arounds. Copper pipes are great, but plastic pipes will be used instead if the price gets too high. As for Bitcoin, it is old technology. Transactions are slow and expensive. Bitcoin is the Atari 2600 of the crypto market. It will eventually be replaced by Nintendo.

  • @bbustin1747
    @bbustin1747Ай бұрын

    They have already cut essentially. Reducing the FED balance sheet run off from 60b to 25b a month starting in June.

  • @Theashleydenise
    @TheashleydeniseАй бұрын

    Inflation is here to stay! It definitely feels like it

  • @jaylinn416

    @jaylinn416

    Ай бұрын

    I am stocking up on canned food.

  • @Theashleydenise

    @Theashleydenise

    Ай бұрын

    @@jaylinn416 very smart thing to do!

  • @romoore2094

    @romoore2094

    Ай бұрын

    It takes manufacturing and production to lower inflation and they won't do that. Govt has more power the longer inflation hurts us

  • @romoore2094

    @romoore2094

    Ай бұрын

    ​@jaylinn416 get dehydrated meat. And dehydrate your own too

  • @Theashleydenise

    @Theashleydenise

    Ай бұрын

    @@romoore2094 you are correct.

  • @whdndrn
    @whdndrnАй бұрын

    Because of high debt and high interest payments even if inflation is high recession will happen so fed rate should be lowered?

  • @davidtaylor8447
    @davidtaylor8447Ай бұрын

    Thanks David!

  • @jjd1070
    @jjd1070Ай бұрын

    Didnt he say 'which isnt inevitable ' ??

  • @robertjosan
    @robertjosanАй бұрын

    Hey David, you should get the Legend Robert Friedland from Ivanhoe Mining and Ivanhoe Electric which is a technology company that facilitates the exploration of copper and gold exploration.

  • @shkottrendezvous6644
    @shkottrendezvous6644Ай бұрын

    Inflation will be managed within the constraints that remain. You’ll see it tend towards an inflationary environment with some dips as they do whatever they can, but it will get more and more difficult. It’s an absolute win win for Bitcoin holders.

  • @davenchop
    @davenchopАй бұрын

    right at the start this man claims "maybe they will start printing money again which is inevitable"...you cant use maybe then follow it up with inevitable.. Makes no sense

  • @cockyhemi-123

    @cockyhemi-123

    Ай бұрын

    He’s a numbskull.

  • @trailguy

    @trailguy

    Ай бұрын

    He mumbles his syllables. I think you’re right but I wasn’t sure if he said “isn’t inevitable” and of course he might have meant that printing will happen and it may or may not come in the short term. Either way, he isn’t a great speaker.

  • @Resmith18SR
    @Resmith18SRАй бұрын

    If gold goes to 10K an ounce my gold chain will be worth 25K. 😂

  • @graceamsterdam5404
    @graceamsterdam5404Ай бұрын

    🙏🏼, very interesting.

  • @pressplay7922
    @pressplay7922Ай бұрын

    the BRICS will be the first to introduce gold trade notes. and they will want to trade with the rest of the world too so as world currencies continue to disappoint, they will insist gold be used in trade. that is why banks are collecting it in their reserves. they will then offer gold-backed notes for trade, while keeping a strong backbone for their reserves.

  • @Mycochef
    @MycochefАй бұрын

    Careful with your predictions! Expect 10 year yield to settle around 5.5%. This will rattle the markets!

  • @gastUCR
    @gastUCRАй бұрын

    Where are those Mark Bristow share buybacks that have been talked about for years?

  • @onceANexile
    @onceANexileАй бұрын

    Precious metals...are assets...physical...

  • @Fearzero

    @Fearzero

    Ай бұрын

    And yet we're in a digital world. #bitcoin

  • @whdndrn
    @whdndrnАй бұрын

    David isnt pressing him at all to not be so biased.

  • @augustbruce
    @augustbruceАй бұрын

    Pointed questions---Exc. interview.

  • @saeidnazemi1312
    @saeidnazemi1312Ай бұрын

    David can you do an interview with Daniel Earle from Solaris Resources

  • @whdndrn
    @whdndrnАй бұрын

    So why didnt gold go up for past 4 years until only recently?

  • @sammyyourmammy8170
    @sammyyourmammy8170Ай бұрын

    Gold is still on sale and undervalued. Gold will not realize its true value until the dollar crashes and becomes worthless, until then , gold will contine to be supressed via manipulation......

  • @Fearzero

    @Fearzero

    Ай бұрын

    Gold is centralized, has 3rd party trust, isn't finite and its highly manipulated and is negative 40% vs inflation since 2014. Bitcoin is none of those. It's +23000% since 2014 vs inflation. If you don't hold Bitcoin you're not being financially responsible in 2024.

  • @vanaverbeke

    @vanaverbeke

    Ай бұрын

    The stagnation of platinum that has no monetary history but same quality than gold (no oxydation, rare, dense and used in jewellery) seems to tell us that the hype on gold is not only inflation but a return of monetary value of gold. BIS change that accept Gold as Tier 1 asset is probably the most relevant move in the last years

  • @kevinhuddleston6438

    @kevinhuddleston6438

    Ай бұрын

    The dollar is not crashing anytime soon... not in my lifetime anyway...

  • @sammyyourmammy8170

    @sammyyourmammy8170

    Ай бұрын

    @@Fearzero way ahead of you buddy , you seem like a smart guy so I am guessing you are holding gold bitcoin and CASH

  • @Fearzero

    @Fearzero

    Ай бұрын

    @@sammyyourmammy8170 Got rid of the gold last year. Bitcoin, tech and some cash for dips etc.

  • @Resmith18SR
    @Resmith18SRАй бұрын

    The Stock Market seems to look at everything the Fed does and will do as positive and keeps going up. When will there ever be a real correction?

  • @dashymandm6240
    @dashymandm6240Ай бұрын

    Looks like dollar found support at 105 will go higher from here and market will go down what you think?

  • @Fearzero

    @Fearzero

    Ай бұрын

    Dollar must go down. Japan is bleeding out. US will not allow Yen to die. Rate cut coming.

  • @dashymandm6240

    @dashymandm6240

    Ай бұрын

    @@Fearzero rate cut surprise will crash stock market?

  • @Fearzero

    @Fearzero

    Ай бұрын

    @@dashymandm6240 That's a short term possibility. Then risk on assets rip.

  • @SonicBonn

    @SonicBonn

    Ай бұрын

    Dollar is going to crash sending stock markets, commodities, and crypto up up and away. Then that will crash too!

  • @whdndrn
    @whdndrnАй бұрын

    8 years? There must be many copper mines getting ready to go online.

  • @mth469
    @mth469Ай бұрын

    David's hair suggests a storm is comin in.........

  • @larsdannemeyer9775
    @larsdannemeyer9775Ай бұрын

    „Very explosive Gold market…!“ 😅

  • @cockyhemi-123

    @cockyhemi-123

    Ай бұрын

    What’s so funny?

  • @jamesderoc6717
    @jamesderoc6717Ай бұрын

    mining in canada . . .good luck mate

  • @Resmith18SR
    @Resmith18SRАй бұрын

    Back to ZIRP and QE Baby!!!

  • @georghackl6178
    @georghackl6178Ай бұрын

    on 1.12.1923 1DM gold/ 1 trillion paper , I dont like paper

  • @lolo_VanGogh
    @lolo_VanGoghАй бұрын

    Bitcoin

  • @romoore2094
    @romoore2094Ай бұрын

    The problem w gold is that it's so difficult to sell, use and costs to store off site. Government can confiscate it, as they've done. I can't verify that my gold is actually in the off site storage for me to store it is tricky. It's just really not for the every day investor

  • @bbustin1747

    @bbustin1747

    Ай бұрын

    it’s only a problem when you are thinking you can do everything in life on a keyboard. In reality life isn’t that way. food and energy production isnt that way either.

  • @BubbaShaffer

    @BubbaShaffer

    Ай бұрын

    @@bbustin1747 Nicely put!!

  • @cockyhemi-123

    @cockyhemi-123

    Ай бұрын

    Government can freeze digital and bank accounts also

  • @BubbaShaffer

    @BubbaShaffer

    Ай бұрын

    @@cockyhemi-123 They can freeze crypto too. I can keep my gold and silver on hand (in my vault). For me a mixture of tangible commodities is best. Maybe you are correct I am just expressing what I do.

  • @romoore2094

    @romoore2094

    Ай бұрын

    @cockyhemi-123 exactly so why is your capital that can be used to buy supplies you'll need in the future....prepare for what's coming bc it must definitely is coming. Food will be in short supply and Healthcare will only be for the ultra wealthy and those w. A good social credit score. It's obvious when you look at the history of the collapse of countries

  • @ReVoltAgefilms
    @ReVoltAgefilmsАй бұрын

    Lol! Um Bitcoin is the elephant in the room.

  • @Fearzero

    @Fearzero

    Ай бұрын

    People get bitcoin at the price they deserve.

  • @trailguy

    @trailguy

    Ай бұрын

    @@Fearzero and sell it at the price they deserve.

  • @Fearzero

    @Fearzero

    Ай бұрын

    @@trailguy That too. Lots of oops moments this last dip.

  • @peterbedford2610
    @peterbedford2610Ай бұрын

    Explosive move? Like too much fiber?

  • @jeffsurfanderson
    @jeffsurfandersonАй бұрын

    If governments were smart and speeded up the lease and permit process instead of it being multiple years it would be done in months we wouldn't be having shortages I'm sorry about the environmentalist but you need to push them aside people have their needs to enhance Society there are plenty of places around the world that are protected for the Greenies

  • @violetlightburst
    @violetlightburstАй бұрын

    Stock market already priced money printing in today & yesterday ...

  • @maxangeles6279
    @maxangeles6279Ай бұрын

    good guest speaker.

  • @mikemarkowski4547
    @mikemarkowski4547Ай бұрын

    ❤❤❤❤

  • @stevehall9471
    @stevehall9471Ай бұрын

    Im sick and tired of all these gold bugs. Ive had enough. When I hear this i shut off the video

  • @pietbastaerts4006

    @pietbastaerts4006

    Ай бұрын

    The guy is a CEO of a gold miner. You expect him to be bearish in this environment??

  • @davenchop
    @davenchopАй бұрын

    perfect time to short copper.. when you see videos like this after the run copper has had you can assume we are at least close to a near term top and a correction is due ... for 30 years ive noticed whether its gold , uranium, copper or what have you when the crazy predictions start and the commodity has had a large run its over for at least a nice trade..

  • @mikedevere

    @mikedevere

    Ай бұрын

    It's tempting to agree with you and you're probably right in the short term, but the price of cper isn't much higher now than it was in 2012. Given the inflation we've had since then it's reasonable to expect further growth

  • @davenchop

    @davenchop

    Ай бұрын

    @@mikedevere ..looks like copper refuses to go down.. had a small correction this week but then back up.. seems bullish

  • @davenchop

    @davenchop

    23 күн бұрын

    well look at the bloodbath today.. wow copper was destroyed

  • @Arteshir
    @ArteshirАй бұрын

    BRICS aint sheeeet

  • @scott7521
    @scott7521Ай бұрын

    Why would they want to print? We have sticky inflation. Printing will cause much worse inflation. So stupid.

  • @WoJackHorseman24
    @WoJackHorseman24Ай бұрын

    Gold is a terrible investment. In the last year gold is up only 13%. In the same time period SPY is up 26%. QQQ is up 37%. Bitcoin is up 122%. Owning gold means staying broke

  • @maxangeles6279
    @maxangeles6279Ай бұрын

    these ads showing women fighting for the bill is so ridiculous!! women rather have someone else pay!! always!!

  • @cockyhemi-123

    @cockyhemi-123

    Ай бұрын

    Upside down world. 🙃

  • @dr.k.math.777
    @dr.k.math.777Ай бұрын

    I like Gold but I only love Bitcoin

  • @ronaldpike2568
    @ronaldpike2568Ай бұрын

    I disagree that gold will greatly appreciate in value in the future narrative (5x or more) because the price of gold is tethered to technology manufacturing for devices that use gold. This will constrain the price of gold. The reason gold went up in price in the 70's is because the US went off the gold standard and in a small part the US was in a recession. In the past gold only went up in price very slowly, but now is quite volatile At the time gold was not heavily used in technology. Gold is not a currency anymore and in just a commodity,

  • @cockyhemi-123

    @cockyhemi-123

    Ай бұрын

    Gold has and never will increase or decrease in value.

  • @whdndrn
    @whdndrnАй бұрын

    This guy has no specifics on copper use case.

  • @hailandfire1822
    @hailandfire1822Ай бұрын

    His forehead is blinding me

  • @buffett1000
    @buffett1000Ай бұрын

    Gold is old. Buy Bitcoin. It outperforms it hugely.

  • @Fearzero

    @Fearzero

    Ай бұрын

    Exactly.

  • @Fearzero

    @Fearzero

    Ай бұрын

    Buy bitcoin miners and MSTR they quadruple bitcoin growth.

  • @cockyhemi-123

    @cockyhemi-123

    Ай бұрын

    Aaaaahahahahahahaahahahaaaaa!!!!!!!

  • @garybacher236

    @garybacher236

    20 күн бұрын

    Personally I don't like Bitcoin I can't see it I can't hold it that the power goes out I can't use it really has no value except people perceive it to have a value which is like the currencies Jimmy golden silver is where it's at

  • @Fearzero

    @Fearzero

    20 күн бұрын

    @@garybacher236 Ummm first look at it's appreciation. 2nd understand what new technology has done to other industries. Think the telephone system, mail system, horse and buggy travel. You can't 'see' the internet, or a visa transaction, or 5g but if you'd invested in those infrastructures when they started you'd be a billionaire instead of a poor and getting poorer (inflation my dear) gold bug. 🤷‍♂️

  • @whdndrn
    @whdndrnАй бұрын

    This guy is so so biased to make gold go up.

  • @garybacher236

    @garybacher236

    20 күн бұрын

    So like the Bitcoin people aren't

  • @tjmooney4181
    @tjmooney4181Ай бұрын

    Investing anywhere other than bitcoin during these early adoption years is inefficient

  • @superstar5123

    @superstar5123

    Ай бұрын

    clown

  • @Fearzero

    @Fearzero

    Ай бұрын

    ​@@superstar5123You certainly are. Gold is negative 40 percent vs inflation since 2014. Bitcoin is +23000% since then. Only a moron ignores Bitcoin in a digital world.

  • @BubbaShaffer

    @BubbaShaffer

    Ай бұрын

    @@Fearzero And bitcoin can go to zero. I think the bitcoin is great in theory, I like the can not inflate part but because it is not tangible I have chosen to stay away. I don't understand the whole mining, storage, and block chain enough to be comfortable with it. I have seen where 3 billion have been stolen and more has been lost. Which is deflationary which should increase the price per coin but I would not want to be the one who lost or got stolen from.

  • @paulkieffer1189
    @paulkieffer1189Ай бұрын

    Bitcoin gonna rip so hard. I just sold all my gold & bought another 130k in bitcoin at 56k. Let’s go baby!!

  • @Dave-tg1pu

    @Dave-tg1pu

    Ай бұрын

    Seems like you are a knowledge investor and have a feel when to move out of BTC. Can you share what you will be looking for? You picked a great entry spot to get back in.

  • @cockyhemi-123

    @cockyhemi-123

    Ай бұрын

    Aaaaahahahahaahahahahahaaaaaa!!!!!!!

  • @Resmith18SR

    @Resmith18SR

    Ай бұрын

    You should have bought it at 70K. 😂😂😂

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