Gold Hits All-Time High with Room to Run!
5:41
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@de_pin5835
@de_pin5835 12 сағат бұрын
Peace is more valuable than gold. Thx minuteman6
@user-oc2xf3oc1m
@user-oc2xf3oc1m 18 сағат бұрын
Good video
@MinuteManPreciousMetals
@MinuteManPreciousMetals 18 сағат бұрын
@@user-oc2xf3oc1m thank you
@MinuteManPreciousMetals
@MinuteManPreciousMetals 22 сағат бұрын
Do you believe the election cycle will drive gold higher?
@dadadannn
@dadadannn 2 күн бұрын
How do you think election will effect the direction goes in? I think we’ll continue seeing highs if democrats win, if trump wins we’ll see retracements as his economic policies come into effect
@MinuteManPreciousMetals
@MinuteManPreciousMetals Күн бұрын
I will answer your question in an upcoming video.
@user-gk2zm7sq5v
@user-gk2zm7sq5v 4 күн бұрын
Thats ok---- its heavily needed in the military and many other electronics 😅
@MinuteManPreciousMetals
@MinuteManPreciousMetals 4 күн бұрын
@@user-gk2zm7sq5v 18% of global usage is hard to ignore. Silver usage in the military is oversold to the public by other KZbinrs. My father worked for Phelps Dodge and manufactured the silver wire in Patriot and Tomahawk missiles. It is much less than what people are estimating, however due to my own rank in the military I will never mention specifics on that topic.
@davidpille3593
@davidpille3593 5 күн бұрын
I was lead to believe that higher gold is worse for the economy.
@MinuteManPreciousMetals
@MinuteManPreciousMetals 5 күн бұрын
@@davidpille3593 it is generally a reaction to inflation, softening dollar, interest rate reductions, etc. Our rising debt, dollar debasement, sovereign bank accumulations, petrodollar death, and BRICS are rewriting the script for Gold…
@davidpille3593
@davidpille3593 5 күн бұрын
@MinuteManPreciousMetals thanks for the input. I will continue to stack silver bullion.
@MinuteManPreciousMetals
@MinuteManPreciousMetals 5 күн бұрын
@@davidpille3593 thanks I stack both. Now that we have a 80+ to 1 GSR, I am back to stacking Silver.
@WvhKerkhof
@WvhKerkhof 6 күн бұрын
Recession will reduce silver usage even more.Silver is typical for americans, in other countries crypto is much more popular. I think only USA has silver shops, if i watch KZbin is see Amreican video's, i live in Europe.
@MinuteManPreciousMetals
@MinuteManPreciousMetals 6 күн бұрын
@@WvhKerkhof thank you for the feedback and European perspective!
@de_pin5835
@de_pin5835 6 күн бұрын
Ok thanks for the uncluttered concise info reporting. Glad you stopped the annoying beep sound that marked subject changes a few vids ago.
@MinuteManPreciousMetals
@MinuteManPreciousMetals 6 күн бұрын
Thanks. An external microphone made things much better.
@MinuteManPreciousMetals
@MinuteManPreciousMetals 6 күн бұрын
Is this the start of another run in the gold market, or will we see a retracement?
@MinuteManPreciousMetals
@MinuteManPreciousMetals 7 күн бұрын
As the price of silver increases, do you think we can expect technologies to innovate and utilize less physical silver?
@MinuteManPreciousMetals
@MinuteManPreciousMetals 8 күн бұрын
Gold is making more great gains in overnight trading. Will they continue? What could slow them down?
@glenvilleashby8850
@glenvilleashby8850 8 күн бұрын
Congratulations! Hard work pays!
@MinuteManPreciousMetals
@MinuteManPreciousMetals 8 күн бұрын
@@glenvilleashby8850 thank you!
@MinuteManPreciousMetals
@MinuteManPreciousMetals 9 күн бұрын
Do you expect Gold and Silver to continue to rise this week, or will we see a retracement?
@MinuteManPreciousMetals
@MinuteManPreciousMetals 10 күн бұрын
Do you see a new all time high for Gold this week, or do you think there will be some retraction? What drives your decision?
@MinuteManPreciousMetals
@MinuteManPreciousMetals 10 күн бұрын
Do you agree with GSC Commodity Intelligence's $50 prediction? Does their causation make sense to push Silver to that level?
@jasonmoad9784
@jasonmoad9784 10 күн бұрын
👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻Every year you get these KZbin personalities price hyping silver saying that it’s going to 50$ 80$ 500.00$ and it’s ALWAYS BS STOP IT ‼️ 💩💩💩💩💩💩💩💩💩💩
@MinuteManPreciousMetals
@MinuteManPreciousMetals 10 күн бұрын
@@jasonmoad9784 thanks for the response. Unfortunately, the context was lost on you. I am not a Silver pumper, but I regularly cover stories where analysts predict certain price points for precious metals. Some of these are lower and some are higher, all are the perspective of that specific analyst. If you watch enough on my channel you will learn that. Thanks for judging over 70+ videos based on 1 that you failed to understand the perspective.
@aaronmorber1943
@aaronmorber1943 11 күн бұрын
Unfortunately Mr Ramsey knows nothing about god wealth transfer plans yes silver will sky rocket to at least 500 perhaps even a 1000 an ounce his advice is bad if you look at the price of gold silver and copper over the last 10 20 and 30 years they have increased silver gold copper will always be needed until the great tribulation when the whole grid goes down that when they will throw their gold and silver in the streets and don't be afraid of Zion oil gas Tesla stocks because of new water engine Ford and yes even xrp xlm Shiba Inu xdc algorqn invest in these and diversify learn how to not get hacked
@tommymojica3691
@tommymojica3691 11 күн бұрын
Know any about 1993 ww1 75th anniversary 10$ coin
@MinuteManPreciousMetals
@MinuteManPreciousMetals 10 күн бұрын
Sorry, I do not. There was a gold WWII commemorative coin made in 1993.
@user-ql7yi1vt9g
@user-ql7yi1vt9g 11 күн бұрын
* nice job*
@MinuteManPreciousMetals
@MinuteManPreciousMetals 11 күн бұрын
@@user-ql7yi1vt9g thank you!
@MinuteManPreciousMetals
@MinuteManPreciousMetals 12 күн бұрын
We may have a sharp move up today if PPI data comes in better than expected or a sharp move down if it doesn't. Put an * in the comments if you enjoyed this video.
@de_pin5835
@de_pin5835 12 күн бұрын
Long term up,yes
@MinuteManPreciousMetals
@MinuteManPreciousMetals 11 күн бұрын
@@de_pin5835 the dollar is being devalued more and more every day. If Gold goes to $5,000 think about the price of bread and milk…
@bradleyjordan5365
@bradleyjordan5365 6 күн бұрын
Bread and milk wont go up the same percentage that gold does, it's not linear... yes the price of goods will go up but gold will go up more.
@MinuteManPreciousMetals
@MinuteManPreciousMetals 6 күн бұрын
@@bradleyjordan5365 agreed but if gold serves primarily as an inflation hedge they should be close in percentage rise. Ie Bread and milk doubles, gold should double (approximately).
@bradleyjordan5365
@bradleyjordan5365 6 күн бұрын
@@MinuteManPreciousMetals But gold is becoming more than just an inflation hedge, its breaking away from old traditions. Especially with talks about the BRICS backing their currency with gold.
@MinuteManPreciousMetals
@MinuteManPreciousMetals 13 күн бұрын
Do you think David Brady's price predictions are realistic? Where do you see Gold and Silver going near and long-term?
@MinuteManPreciousMetals
@MinuteManPreciousMetals 13 күн бұрын
Do we continue to test $2400 or does CPI data smack Gold and Silver down today?
@spqr9974
@spqr9974 13 күн бұрын
Do l care about lies of Jerome Powel????? l only wondering when the Crush coming ???
@MinuteManPreciousMetals
@MinuteManPreciousMetals 13 күн бұрын
@@spqr9974 here is the thing, whether you think he is lying or not, you should care what he says. When he speaks, the market listens. The traders and hedge fund managers that move Fiat money in and out of the huge Gold and Silver ETFs listen to him, and they are they are the ones that move the Fiat price of Gold and Silver. Just because I don’t like something, doesn’t mean that I don’t see the utility in it. Try to open your mind to that…
@alpardo4124
@alpardo4124 13 күн бұрын
Up, up, up....
@MinuteManPreciousMetals
@MinuteManPreciousMetals 13 күн бұрын
I love to see it go up, but like it cheap in order to buy more!
@MinuteManPreciousMetals
@MinuteManPreciousMetals 14 күн бұрын
Where do you see Gold and Silver prices headed in the short and long terms?
@de_pin5835
@de_pin5835 14 күн бұрын
Remember the trade bans on Iran and how many US companies found ways around it? So yes,China cheats always
@MinuteManPreciousMetals
@MinuteManPreciousMetals 15 күн бұрын
Do you think China is under reporting or failing to report Official Central Bank Gold purchases in order to negatively impact the price of Gold?
@MinuteManPreciousMetals
@MinuteManPreciousMetals 15 күн бұрын
What do you think impacted the drop in precious metals the most yesterday?
@Bullionexchanges
@Bullionexchanges 15 күн бұрын
We will always have the best prices for you! Great video, Minute Man! Can't wait to see more.
@MinuteManPreciousMetals
@MinuteManPreciousMetals 15 күн бұрын
@@Bullionexchanges thank you for the support! I have purchased 9 oz of Gold from you this year and have been pleased with every purchase!
@jeffwelch7618
@jeffwelch7618 16 күн бұрын
Thank you for what you do, Jeff .
@MinuteManPreciousMetals
@MinuteManPreciousMetals 16 күн бұрын
@@jeffwelch7618 I appreciate it Jeff. Thank you for the support.
@MinuteManPreciousMetals
@MinuteManPreciousMetals 16 күн бұрын
Precious Metals are down on profit taking in overnight trading. Do you think it will reverse today and for the rest of the week?
@williamswan9114
@williamswan9114 17 күн бұрын
What do you mean they're already the converting to a gold and silver
@MinuteManPreciousMetals
@MinuteManPreciousMetals 18 күн бұрын
The positive data is really stacking up for Gold in Silver and a September rate cut. It seems like I can't stack enough metals fast enough. What are your thoughts?
@royrauch9775
@royrauch9775 18 күн бұрын
About 45 years ago a class action lawsuit was brought against the Franklin Mint for PRICE GOUGING their silver products by 2x the price of silver. The suit was dropped when the price of silver went over $40 an oz. Thanks to the Hunt brothers! You would THINK some HOT SHOT LAWYER would start a class action lawsuit against the U.S. Mint as they are now charging OVER 3X the price of silver ( currently $31.50 or thereabouts!) What do you folks think about some lawyer taking up our case against the mint for PRICE GOUGING?
@MinuteManPreciousMetals
@MinuteManPreciousMetals 18 күн бұрын
Hi Roy, I don’t think a court case will come about, but I was not happy to read the email concerning the US Mint’s price increases. The US Mint should not be a for profit institution. Their products should be made available at a cost to the American people. Of course I understand that advertising, website development and management, numismatic programs, and many other things could add to the manufacturing cost, but again with these things added in products should be at cost. I would have no problem with reasonably marking up mint products for international sale. As collectors we can choose to not buy, reduce our purchases, or buy on the secondary market with hopes that prices come down on that side of the market. I plan to buy on the secondary market, only if I get a fair deal.
@lawrencehoward9646
@lawrencehoward9646 18 күн бұрын
I do think you timed your last buy perfectly.
@lawrencehoward9646
@lawrencehoward9646 18 күн бұрын
Up another $20- $25 ....then some consolidation
@MinuteManPreciousMetals
@MinuteManPreciousMetals 18 күн бұрын
I think that is a solid prediction. The possibilities of a September rate cut got much firmer this week and the market had no choice but to react. If this would have been a normal trading week the data may have pushed markets even higher.
@MinuteManPreciousMetals
@MinuteManPreciousMetals 18 күн бұрын
Gold is very near to $2400. Do we move up from here, or will we pull back next week?
@idonotknowanynames
@idonotknowanynames 18 күн бұрын
It had a pullback last time it tested these levels, so it could bounce around and move higher or retest it with a pullback. Either way I dont see it falling at the moment. Too much uncertainty in the market
@MinuteManPreciousMetals
@MinuteManPreciousMetals 19 күн бұрын
Where do you think today's data will take the markets? Will we have the buying opportunity that the analyst predicts in my video?
@lawrencehoward9646
@lawrencehoward9646 19 күн бұрын
Guess we just wait for the Data to be released and then decide what to do but I'm always going to buy pull backs. I stack dollars during run ups and then wait for Fibonacci retracements to dive in.😂
@MinuteManPreciousMetals
@MinuteManPreciousMetals 19 күн бұрын
@@lawrencehoward9646 that is a great strategy and one I use as well.
@lawrencehoward9646
@lawrencehoward9646 19 күн бұрын
@@MinuteManPreciousMetals I knew there was a good reason I liked your channel 🤣🤣
@MinuteManPreciousMetals
@MinuteManPreciousMetals 19 күн бұрын
Well the June nonfarm payroll data is out, and it could not be better for bulls. The economy continues to create jobs even as unemployment ticks modestly higher. (Crossing 4 %). Wage pressure appears to be moderating. It looks like we will not see a buying opportunity for Gold and Silver today…
@royrauch9775
@royrauch9775 18 күн бұрын
@@MinuteManPreciousMetals Honestly, whatever the government figures they put out, to me, are a bunch of BS! We have over 2 millions illegals allowed to be here, and if we keep the mind diseased president, in another 4 years that will double! I don't know about your area but here on Long Island, businesses are shutting down faster than the plague! You can't tell me that unemployment isn't getting worse and looking here on KZbin, HOMELESSNESS is getting worse! We can't even take care of our Veterans, much less all these illegals, who BTW, have never been checked for disease and CERTAINLY are bringing in disease that America eradicated years ago! Wait until the next Democommie push for tax increases! Sorry to get off topic but gouging on coin prices just goes along with the governments way of helping the bad guys our fathers fought against defeat us without us fighting back!
@ardenbowman4489
@ardenbowman4489 19 күн бұрын
LETS ROLL
@jimwright46
@jimwright46 19 күн бұрын
Baloney, Trump's 2016 to 2020 presidency term led to depressed Gold & Silver prices. Check the Charts!
@MinuteManPreciousMetals
@MinuteManPreciousMetals 19 күн бұрын
@@jimwright46 President Trump’s term started January 20, 2017 (the gold price at market open on that day was $1,199.10) and the end of his term was January 20, 2021 ( the gold price was $1,854.60 at market open). That is a significant price increase. Please present data showing price depression…
@johnnyb3126
@johnnyb3126 20 күн бұрын
Like seven 🎉🎉🎉
@MinuteManPreciousMetals
@MinuteManPreciousMetals 20 күн бұрын
Thank you!
@Eeee-uv5id
@Eeee-uv5id 20 күн бұрын
Cool
@DorisMeyo
@DorisMeyo 20 күн бұрын
I just don't know what I'm doing. I have lost a lot from my trading account and I'm sure I require the service of your expert?
@MarkPeters-dz2yi
@MarkPeters-dz2yi 20 күн бұрын
I'm really surprised Charlotte Williams was mentioned here. Last month I started with 8,000 euros and now my portfolio is worth over 27,000 euros more
@MinuteManPreciousMetals
@MinuteManPreciousMetals 20 күн бұрын
All data points this week have been positive for Gold and Silver. Is anyone else surprised that prices have not increased more?
@lawrencehoward9646
@lawrencehoward9646 20 күн бұрын
You're doing great
@MinuteManPreciousMetals
@MinuteManPreciousMetals 20 күн бұрын
@@lawrencehoward9646 thanks so much!
@MinuteManPreciousMetals
@MinuteManPreciousMetals 20 күн бұрын
What are your thoughts on Heraeus' predictions/assumptions?
@lawrencehoward9646
@lawrencehoward9646 20 күн бұрын
Facts and nothing but the facts.... love it.
@MinuteManPreciousMetals
@MinuteManPreciousMetals 20 күн бұрын
Thanks, trying to keep it as straight as I can...
@lawrencehoward9646
@lawrencehoward9646 21 күн бұрын
So what you're saying is that the real problem is that our system of government only offers us a choice of either Coke or Pepsi. No root beer, no orange, no Ginger ale, no Red Bull... nothing more than take it or leave it....
@MinuteManPreciousMetals
@MinuteManPreciousMetals 21 күн бұрын
@@lawrencehoward9646 I tried really hard in this video to be fair to both political parties and their members. I only aired my personal thoughts when you saw the picture, of the thinker. To answer your question, I do not feel that as a nation our two best leaders or brightest minds are in this race. With that said, we still have to make a choice in November…
@lawrencehoward9646
@lawrencehoward9646 21 күн бұрын
@@MinuteManPreciousMetals you are 100% correct on all accounts. Land of freedom of choice that no one is willing to use when it comes to elections because everyone is duped into thinking their only choices are Coke or Pepsi. Some of us remember the scare both parties got with H Ross Pero and John Anderson.
@MinuteManPreciousMetals
@MinuteManPreciousMetals 21 күн бұрын
@@lawrencehoward9646 I actually voted for Ross Perot in my first ever election. He had a real plan for reshaping the nation, and he presented it in the simplest of ways….
@MinuteManPreciousMetals
@MinuteManPreciousMetals 21 күн бұрын
Why do you think that the precious metals markets were slow to react to the positive inflationary data yesterday?
@MinuteManPreciousMetals
@MinuteManPreciousMetals 22 күн бұрын
Which way will Jerome Powell lead the market today? Up or down?