Thanks for the video. I finally established a way to increase my net income per month. My 2024 goal is to pay off the house by Sept 2024 (8 years total into a 30 year @ 4%). I have no debt other than mortgage. My 401k, HSA, IRA and emergency funds get maxed out. The mortgage is my last piece of debt left. I don't have any school loan or CC debt. I've made a lot of sacrifices over the years.

@suziehovic

Ай бұрын

Congratulations on taking the steps necessary to get yourself out of the financial bind you were in.

@mykreid

Ай бұрын

That's truly remarkable. I hope you don't mind pointing me towards their direction.

@cyrilmilton

Ай бұрын

She's Sophia Elaine. One of the finest portfolio managers in the field.

@cyrilmilton

Ай бұрын

she's mostly on Telegrams, using the verified user name.

@cyrilmilton

Ай бұрын

@PhiaElaine :That's her Handle!

Gold is the money of kings, silver is the money of gentlemen, but debt is the money of slaves.

@chinaboss6683

Ай бұрын

Michael Jackson said that, right?

@harryharrison362

26 күн бұрын

@@chinaboss6683 No, Bugs Bunny

@paulgermano7837

17 күн бұрын

I'm glad I own both.

@edb3877

7 күн бұрын

And copper is the money of peasants.

99% of Fiat currencies has failed through out human history, printing to infinity just accelerates a currency demise…

@Anthony.Ong.2023

Ай бұрын

Hi , Why no one stop the infinity printing ?

@retrodripsupport7510

Ай бұрын

@@Anthony.Ong.2023 they will never stop printing because the people that are printing the money can gobble up the remaining assets and have total control. At that point the price is irrelevant if you own it all.

@Anthony.Ong.2023

Ай бұрын

@@retrodripsupport7510 can all countries follow this style of printing?

When there is a rush to buy gold in several countries in turmoil, the gold price will definitely go up like any commodity. They still need to transact in fiat currency and not gold. In the digital world, physical gold is not as mobile and not earning interest - only capital gain. But look at the decade of stagnant gold price before, the value growth averages about the same or even less than with interest rate or other investment.

Fiat currency is equivalent to Hell Death Notes 🤣🤣🤣 Some of us do know the outcome of the end of this currency cycle......

I've been looking into investing in gold and other precious metals lately.

@ServerError-ub8fx

29 күн бұрын

That's a smart move. Precious metals are often seen as a safe haven during economic uncertainty.

@user-lw6wd6jm9n

29 күн бұрын

Do any of you know Katherine C Boone? She's been managing my portfolio.

@user-xt2fs4sh8g

27 күн бұрын

Really? How's that been going?

@user-lw6wd6jm9n

27 күн бұрын

Remarkably well, actually. Katherine C Boone took my portfolio from $350k to $2.190m

@ServerError-ub8fx

27 күн бұрын

That's impressive. I wish I had someone like her managing my investments.

Gold is not at historic highs. It would have to be over $3400/oz to match what it was in 1980.

@BrianHeimbuecher

Ай бұрын

It's kind of sad that so many 'in the know' don't seem to know that little fact.

@DrivenA111

Ай бұрын

@@BrianHeimbuecherJust because they don’t mention adjacent to real dollar concerning 1980, doesn’t mean they don’t know.

@BrianHeimbuecher

29 күн бұрын

@@DrivenA111 At best it's shoddy reporting... at worst, they don't know. Bold assumption on your part. It's called 'nominal dollars', FYI.

@DrivenA111

29 күн бұрын

@@BrianHeimbuecher I studied Finance in college. FYI.. It’s a matter of real dollars.

@lamentate07

28 күн бұрын

That high was a bubble. Future inflation expectations were baked into the price.

Gold's shining bright lately! ✨ Remember, when considering gold investments, staying informed about global economic trends and geopolitical developments can help navigate market fluctuations effectively.

Jewelry gold is 30% markup from spot price. We call it retail gold price, the resell value is lower.

ETFs is gambling on the gold price and investing in paper. No risks are mitigated and you don’t get the benefits of holding physical gold

The law of Supplies and demands are according to the weigh balances, as well as resourcefulness, environment friendliness of businesses.

Wow! S'poreans are now spending much more than before. Many thanks to the PAP govt for bringing them wealth by means of high-paying jobs.❤❤

@anthonychuan7279

Ай бұрын

IMO, you may like to add - Spore Govt historically has been buying US Treasuries until recently, increasing Gold Reserves. SGD has hold its value against the USD and increased against most currencies. With CNA's many recent interviews and gold presentations, does that not say something ? IMO, the government is advising indirectly you should also Accumulate Gold - according to one's ability.

It's not that gold price is rising it's fiat debasement and losing it's value.. added more printed fiat means it costs more fiat papers in an ounce of gold. Gold price is not rising.. there's more fiat paper in circulation.

Buy the real stuff….keep away from ETF, you might be buying nothing.

I stocked up few kilobar for emergency save. Just in case 😊

Dollars Overcapacity

Gold isn't going upbthe value of western currency is going down

@voiceofraisin241

10 күн бұрын

The price is indeed going up. It takes more of my devalued money to buy it.

Its not only usd printing currency dude....all the world govt are guilty and doing just the same like usd....printing and printing. Only one country mass currency printing wont change the raise or fall on gold price. Gold dont increase in value. Gold store currency value and adjust accordingly. If gold price go up means the currency value of that particular country has weaken due to too much currency in their system.

Maybe the melting speed causes the price. And the % of something, the numbers, what is the other % then is it silver or copper or the strength then iron or colour-priority but strong then is ladder? Is there such thing in business? Is there a way to split the metal once it's melted as new alloy % of at least 2? Maybe neodymium can pull the gold and take the other metal away?

People squammbles for gold but didnt ask anyone is it easy to liquidate?. Golds bars are best and easy but jewelrie?? Nope

@hailyrizzo5428

Ай бұрын

It's just women using 'gold investment' as an excuse to decorate themselves with expensive jewelry. If you really want to invest in gold, you would get the bars and keep it locked up and not let anyone know. But jewelry, they will probably take it out and flaunt it on special occasions because it 'would be a shame' to keep such a beautiful item locked away.

@lamentate07

28 күн бұрын

@@hailyrizzo5428 Bars or coins. Jewellery is BS. You just get melt down value anyway when you try to sell.

remember its only ath in nominal prices.. if you adjust for CPLie gold prices was 2600$ in 1980..

Becareful of gold price will crush down badly... 10years happen before it going to happen again

@silvarajoomuniandy4316

Ай бұрын

Only for a moment and will soar to new heights. Gold is gold.

The correct question should be, why are currencies' buying power in the world have dropped so much?

@edb3877

7 күн бұрын

The answer is obvious: uncontrolled spending leads to more money printing which then leads to more debt and higher interest payments. This is the dirty little secret of fiat currencies. No one can ever resist the urge to over-print them. When there was a worldwide gold standard, that standard served as the brakes on our financial engine. During hard times, people trusted gold coins so converted their paper money into gold. This reduced the amount of gold in the financial system, reducing the ability of governments to spend more. During good times, people preferred the convenience of paper money, bought it with gold coins, and additional gold was injected into the financial system. While this made more gold available for spending, there was less need for it because times were good.

It has to do with the US dollar losing its value because of over printing, and a harbinger of dollar collapse.

@edb3877

7 күн бұрын

Agreed. As an extra bonus, we also have massive debt due to over-spending and the requirements of servicing that debt via an ever larger portion of our national income. To say that this will not end well is an understatement of galactic proportion.

Seems like Katherine C Boone is the real deal when it comes to financial management

Last 4 months gold up 12+ % and they saying 3.4 - gold is right measures of inflation 😅😅😅😅😅

Gold stocks are undervalued compared with gold prices, stocks will skyrocket once earnings come in, not to mention bad market news will further fuel the prices…BUY GOLD Stocks !!

Buy. Never sell.

Buy your gold ..it is your wealth..dont let they take it..

Dollar is bullishly bearish or losing its purchasing power 🫵🏾🫣

Gold 10X on the way

During the first two months of 2024, China imported 367 metric tons of gold for non-monetary use. That was a 51 percent increase from the same period in 2023. Gold jewelry, coins, and bullion sales in China rose 24 percent year over year. Meanwhile, the People’s Bank of China has been gobbling up gold for over a year. The central bank has expanded its gold reserves for 16 straight months, adding over 300 tons of the yellow metal to its stash since it resumed reporting gold purchases in October 2022. At the same time, the Chinese central bank has been dumping U.S. Treasuries.

Id rather buy tokenized gold

PERI 😮

Gov. Have to buy diamond, platinum and leave gold and silver for comman people

@BrianHeimbuecher

Ай бұрын

You're kidding, right? PLEASE tell me you're kidding.... Platinum's role in the world's monetary history was that of spoiler... the miners HATED it because it was a pain in the neck to work with. Diamonds & gold, platinum & silver. First 2 worth it, latter two not so much. I fixed the pairing for you.

And quantum ? Huh ? 😅

wake up USD is a waste toilet paper not peg to any raw materials

What about bitcoin ? It outperformed Gold

@iggy5347

Ай бұрын

In times of war internet in shutdown better buy gold

@OIBAN

Ай бұрын

@@iggy5347 spaceX sats will be up and running :)

research etf dont just believe these stupid people on the videos. there is no backing for the etf you never know . as you are trusting people with physical you are the one holding the gold

China

SG not haved Mining But haved Gold Reserves in Top 15👍👍👍 Our neighbour have LARGE mining But not have gold reserves😂😂

Gold pays no dividend. You might as well buy Bitcoin.

Fiat money 💵 = 💩 🚽 Gold 🪙 💛 = 😛🤑 is 👑 King.

Nobody using yuan yen or rubies ?😂

There will be time to cut the profit for sure, don't fomo I guess.

usd is a debts not strong gold is raw materials few in planet earth and every country is distancing usd

@djibicisse

17 күн бұрын

China debt to gdp ratio is worse than usa Both are badly indebted yet usd still strong

@edb3877

7 күн бұрын

@@djibicisse So is Japan's debt to GDP ratio.

@djibicisse

6 күн бұрын

@@edb3877 yup most countries in the world are heavily indebted But not all. Are as rich as China or USA

a Despite A Strong US Dollar & Stock Market? Yea and were now all living on the good ship lollipop! Gold at $2300 has not kept up with inflation at all!It would have to be more like $2800 to be even with inflation!

High tax simple answer gov. Loot us

Simple way, stop printing dollar!!!

The only reason gold had a melt up was to mine it from the people. The price will sit where it is for quite some time.

@BrianHeimbuecher

Ай бұрын

And your expertise on the gold market is because of your job? Your education? Asking for a friend...

Countries spending the USD before it becomes "banana tree" currency. Worth nothing.!

@djibicisse

17 күн бұрын

Nothing will affect US dollar I guess Even Brics can’t do much 😂

buy bitcoin

@c00121314brave

Ай бұрын

Why so it can drop 10% in 24 hours buy real Gold not fools gold that's all btc is the 21st century version of fools gold.

Simple - 1. Multiple geo-political flashpoints 2. Excessive money printing of fiat currencies especially involving the world 4 top economies - US, China, EU and Japan 3. Inflated prices of real estates and equities make investment in these assets' class like gambling in casino 4. Digitalization of fiat currencies put too much power in the hands of the ruling parties!! 5. Bitcoin and such.........hmmm like investing in Tesla, always running too far ahead of the curve that can really end up like fools' gold of the 21st century😂😂😂

strong dollar my ass, printing money = strong , what kind of joke is this?, READ HISTORY

@djibicisse

17 күн бұрын

Dollar is very strong now Contrary to what trolls say lol

…it’s more like fiat currencies lost value, rather than commodity prices going up. It’s what happens when you print too much money.

USD is strong because USA forcing military might and Gold is well Gold 🥇🪙❤