what happen to the $800 gold target that his been calling for, for years?
@stevecarew72813 ай бұрын
I think with nearly $1 trillion deficits, something big is possibly going to happen possibly sometime in the next few years …the time is not as important as the strong likelihood of the event…it’s more of a call for preparedness for unprecedented destruction or opportunity.
@DianaTownsend-kj5kj5 ай бұрын
With fears of inflation spiraling out of control and central banks losing credibility, a massive rush into gold could drive prices up significantly. It’s the ultimate hedge against a collapse in fiat currencies
@cherylhills32275 ай бұрын
That’s the positive side of gold. It holds its value when everything else seems to be falling apart. But $10,000? I don’t know
@ericbergman75465 ай бұрын
That would mean a complete breakdown of the financial system as we know it. Is that really what we’re expecting?
@rodgertim28815 ай бұрын
That’s the thing it’s hard to say. we’re seeing bubbles in nearly every asset class stocks, real estate, even bonds. If those bubbles pop simultaneously, people will look for safety, and gold could be the answer
@John-vf8qe5 ай бұрын
There’s also the argument that if gold does shoot up to $10,000, the world economy would be in such bad shape that owning gold might not be as beneficial as people think
@georgeearling9055 ай бұрын
You’d have to wonder what else would be happening at that point would governments impose restrictions on gold ownership, or would we be in a situation where bartering and other forms of trade are more common than using gold as currency?
@dawnlightening5 ай бұрын
A refreshingly original analysis, which, contrasts with the other Commodity Culture interviews. This accurately reflects the diversity of opinions which make up the actual commodity market. For every seller there must be a buyer. Which one did the right thing, the seller or the buyer? None of us has a crystal ball. You pays your money (or takes his money) and you takes your choice, to paraphrase the old adage.
@korbekleeninc.9745 ай бұрын
Yeah sure been hearing this s*** for 3 years
@yamajules13975 ай бұрын
I try to think what’s different this time to 2008. Well, massive gold buying by many central banks. Could this not signal something different in regards gold losing 35+%? Bitcoin. Why would people pile into Bitcoin in such an environment rather than precious metals?
@Popnpoff5 ай бұрын
Ya this guy thinks the US is the entire world
@RedondoBeach25 ай бұрын
29:32 "I expect to see oil down at $10."
@silverbullag47595 ай бұрын
In Fairness now, He was calling for $800 Gold at $1,600 ,Its now $2,500+ , It moved over $800 alrite just in the opposite direction. He got Gold very wrong. He may yet be right to some degree but i don't ever see Gold at $800 ever again. I certainly would not sell here to try and catch it again at a lower number, I think its more likely to go to 3,500 rather than 1,500
@jeffsurfanderson5 ай бұрын
If I saw a 30 to 40% decline in Gold I'm backing up the Brinks truck
@CommodityCulture5 ай бұрын
Me too.
@timverheyen94405 ай бұрын
Can this guy please stop making random calls!! Gold crashes to 1000 usd was his call for a decade…he failed….so now he calls 10.000??? What a joker!! This guy is an IT guy btw who sells BS newsletters to new traders. Stop inviting this guy he only confuses people.
@RedondoBeach25 ай бұрын
His $10 call is for oil, not gold. Nevertheless, it's a bold call. I don' t see oil dropping to that level.
@IanMacintosh-u4o5 ай бұрын
@@RedondoBeach2. Yes true. But if someone said one month ago that they see Trump assassination attempt and Biden dropping out...they would be scoffed at. A lot of shit can happen in a week...let alone from here to December. Buckle up.
@4udasgupta5 ай бұрын
He is a fraud
@SinergiasHolisticas5 ай бұрын
Love it!!!!!!!!!!
@davebellamy48675 ай бұрын
Hang on. Another channel had this guy on with the title like why S&P, gold and oil will collapse!
@PierreDeneaultDeneault5 ай бұрын
REALLY interesting
@fortstocktonjeff0124Barber5 ай бұрын
Jesse terrific interview. Please bring Henrik back in Q4
@CommodityCulture5 ай бұрын
Glad you got value from the discussion!
@ParisianThinker5 ай бұрын
Thank you for having this guest on your show. He is very knowledgeable and I learned a lot from him.
@Gorka735 ай бұрын
please dont. he is an idiot
@csalt94535 ай бұрын
The paradigm of silver and gold has changed since 2008. Silver stocks are now is being depleted quicker than it can be replaced, and Gold is now a Tier 1 asset again... I can see a dip maybe in price, but not the 50% haircut Henrik talks about
@wildpett5 ай бұрын
I didn't know that you are transmitting from Serbia
@todd88565 ай бұрын
Not same situation . . . awareness
@kissloveoddski_ghoul5 ай бұрын
How can he bet on SNP 6100 AND GOLD -30% AT SAME TIME !?!?!?!? He is betting on gold downside before November. And he is thinking about huge run in snp!?
@vince87915 ай бұрын
Did he say $300 Silver in the supercycle …considering we are about to run out of silver! Usage in Solar and industrial is off the charts, surely it would he exponentially more 🤔
@midnightsocean26895 ай бұрын
but how can we turn pupe into gold?
@mooretim275 ай бұрын
Good interview. Too bad David Hunter keeps copying him.
@kriss95935 ай бұрын
Everyone who gives you prices and times predictions should not be treated seriously, so many difrent assets and factors you dont even try predict. That was funny to listen anyway
@CommodityCulture5 ай бұрын
I tend to agree with you but it will be interesting to see how things play out from here on both Henrik and David Hunter's price calls for commodities.
@HeyU3085 ай бұрын
Frightening volatility ahead
@ianr56905 ай бұрын
He went short gold at $2000 USD...
@ParisianThinker5 ай бұрын
That's not true. He holds gold but says it will decline when margin calls come.
@dennistupper82625 ай бұрын
What a CLOWN.. He obviously doesnt realize what that would mean to Central banks .. Gold is now once again a TIER 1 Asset.. And ass the Dollar goes down the Gold tier one asset will go up. WAY UP... Why do you think we have been holding $2400 for over 6 months now or around there .. Thats not inclined to think its topping. LOL Thats BASE BUILDING...
@lancemairs49565 ай бұрын
These commodity pundits who largely missed it but who still want to increase their gold holdings have been calling for a reversal , a buying opportunity, for a year now. I knew when the retail market was not in this bull run that this would be it's real run- it's not coming back, you missed it!
@JohnAnderson-wc2fw5 ай бұрын
Great interview guys! It’s amazing to be able to get experts’ opinions from around the globe on their outlook on everything financial.
@1911olympic5 ай бұрын
There is only one thing good in his analysis: the presentation. The rest is c..p. It is precisely this quality of him that enables him to suck in many unknowing investors.
@HeyU3085 ай бұрын
Oil $10…how about negative?
@LeaPustetto5 ай бұрын
Michael oliver says top is in. ????
@Xylo584 ай бұрын
He has his opinion. I strongly disagree.
@Popnpoff5 ай бұрын
I dont think he is taking into consideration of the other countries that exist in this world
@tombox27595 ай бұрын
Hentik has a nice house. A great con that talks the talk. He is good but never right as no one knows what the markets will do. Gold from 10 dollars to 10000 so its anyone's guess...
@LaFonteCheVi2 ай бұрын
Currently his prediction is lining up. So.....
@JohnThompsonJT5 ай бұрын
Recorded on the 12th! But this isn't up-to-date! (I joke )
@CommodityCulture5 ай бұрын
I wouldn't be surprised to hear someone genuinely complain about that lol. Thanks for watching.
@AnonymousExotic5 ай бұрын
Deflationary bust??? You mean inflationary bust right? What is this guy talking about? Only guy in the space finance space I’ve heard say any of these things.
@CommodityCulture5 ай бұрын
No, deflationary bust at first and then stagflation is his call. Did you watch the interview?
@AnonymousExotic5 ай бұрын
@@CommodityCultureI watched it all. I just haven’t heard Bald Guy Money, Finance Log, Peter Schiff, Andy Schectman, Rick Rule or anyone else in the finance/commodities space call for the price of gold dropping, a deflationary bust or the strengthening of dollar; even temporarily. inflation isn’t going anywhere, the central banks are buying gold and repatriating it out of US and putting it in gold revaluation accounts.
@alan2102X5 ай бұрын
David Hunter, Harry Dent, and others have called for a deflationary bust.
@AnonymousExotic5 ай бұрын
@@CommodityCulture I watched it all. Just haven’t heard Bald Guy Money, Finance Log, Peter Schiff, Andy Schectman, Rick Rule or anyone else in the finance/commodities space talk about gold going down, a deflationary bust or a strengthening dollar, even in the short term. Inflation isn’t going anywhere. Central banks are buying gold at record levels and repatriating it out of the U.S. and holding it in Gold revaluation accounts.
@AnonymousExotic5 ай бұрын
@@alan2102X I’ll check them out. I just don’t see that happening when central banks are buying gold at record levels, repatriating it and holding it in gold revaluation accounts. I don’t see deflation or a strengthening dollar in the future but we will see.
@outback1095 ай бұрын
The Chanel looses all credibility with "experts" like this.
@patrickabergel40695 ай бұрын
This guy' summary: il will go up and down, then down and up, absolutely brilliant