Clueless Central Bankers are Driving Gold Price Higher: Craig Hemke

Рет қаралды 26,934

Күн бұрын

Craig Hemke points to comments made by the Fed about future monetary policy as one of the main drivers that pushed gold to all-time highs and he sees a $2,300 gold price within reach this year. Craig discusses the current macro setup for both gold and silver, his current outlook on precious metals mining stocks, why investors should be paying attention to oil and copper, and much more.
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00:00 Introduction
01:18 Gold at All-Time Highs
05:04 When Will Retail Investors Buy Gold?
07:42 Will Silver Play Catch Up?
11:16 Gold and Silver Miners
15:02 Finding Value in Mining Stocks
20:21 BRICS Nations and Gold
26:47 Mainstream Coverage of Gold
30:13 Waking People Up to Sound Money
34:15 Pay Attention to Oil and Copper
#gold #goldprice #preciousmetals

Пікірлер: 98

@CommodityCulture Ай бұрын

Visit our sponsor, ARK Silver Gold Osmium: arksgo.com Contact them at (307) 264-9441 Ian@ArkSGO.com

@goldismoney5899 Ай бұрын

I've been listening to Craig for many years. All us metals investors suffer from battle fatigue. Keep up the good work Turd. Gold is money. END THE FED.

@quintaviusbonaducci6606 Ай бұрын

I've been listening to him since he was in the zerohedge comments. Silver goes places after this system finally collapses.

@mr1234tempo Ай бұрын

The west will never live down the sanctions and even more so the confiscation of the Russian assets is international robbery!😮

@HollyAlvarez-tt7bq Ай бұрын

Well explained. Thank you for bringing up this video. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject ..... Thanks to Joyce Wooldridge the lady you recommended.....

@LibyanHagrieve Ай бұрын

I've actually been looking into mentors lately, the news I've been seeing in the market hasn't been so encouraging

@Jeremy10444 Ай бұрын

That is true everyone needs more than their salary to be financially stable. Investing it with a reliable source is the best.

@DaveRondon Ай бұрын

Getting Joyce Wooldridge,to help me really helped me clear all my debit. I started with what I have left and it's been the best decision I ever made

@Merit467 Ай бұрын

Definitely everyone needs a different stream of income, such as where on can invest some part of his or her monthly earnings

@SmithNorman Ай бұрын

Is there anywhere I can get across this woman for a startup???

@jackgoldman1 Ай бұрын

Gold is the mother of all commodities.Buy gold and hold. Gold is money. IOUs are not money. Protect yourself.

@Carlos-im3hn Ай бұрын

real inflation 10% and going higher, the commodities (e.g. CRBI) are in a cup-and-handle since 2022 and breaking out now.

@alanmrsic893 Ай бұрын

In Gold we Trust!

@richardlove4287 Ай бұрын

Who else remembers when Turd Ferguson was a young man? Has it been 20 years already!

@davidotness6199 Ай бұрын

Craig's my fave, my go-to guy who speaks my language. Thanks, Jesse.

@sankalp3513 Ай бұрын

Jim Bianco makes a seriously convincing case for zero rate cuts in 2024. That happening would be a major headwind to gold. Jesse, I think you should interview him about how his theory affects gold's trajectory

@ddprepper5227 Ай бұрын

Excellent report

@pdel303 Ай бұрын

Great discussion and I was cracking up at times. I think the old timers know Craig from his T.F. handle in the past. He kinda went off my radar but i'm gonna mosey over to his web page.

@regenerativeliberty7915 Ай бұрын

How much silver is under contract? Would seem like uranium most companies using silver would have three-five year contracts. So, is there information out there to say what % of production is sold under contract compared to the open market? Second, is there a time in the next year or two when silver manufacturing contracts will be renegotiated?

@johntynio3416 Ай бұрын

First big mining stock money flows will go into Barrick Gold and Newmont! Plus as you said, they are low priced! Plus they pay dividends! Of course Agnico-Eagle Mines is great and is starting to move too! Big money wants safety first and how much lower are GOLD and NEM going to go? I listen to Craig Hemke often and he is doing a great job for the mining stocks! Thanks Commodity Culture and Craig Hemke!

@robertdagge200 Ай бұрын

I did lots of research and bought heavily into SSRM. Wish I had done no research and bought Barrick.

@lauriekutcher4825 Ай бұрын

Keep in mind, jp morgan said gold is money everything else is credit(debt)

@nevillokapi3617 Ай бұрын

I PRAY PRAY TO GOD FOR THE FED TO CUT RATES SOON AS POSSIBLE 🙏🙏🙏❤❤❤❤❤

@BRenowden Ай бұрын

Great chat fellas as always .... Thanks. Silver is on its way 3/4/24 ... Hopefully from here, it's onwards and upwards! :) Cheers !

@Dianna369 Ай бұрын

I did go back and do a side by side of SLV and GDX. Just DAMN. Those charts are closer than fraternal twins. I knew it was close... but dang. Now, anout that 1 to 90 ratio Gold to Sliver.... that ratio ain't right. Its wrong by a factor of 100.

@pietbastaerts4006 Ай бұрын

When general inflows start, i am not sure if GOLD ,NEM would not be the best places to allocate resources. That might not be a bad base to start for people who cannot/will not spend countless hours in researching this sector.

@Tilor-vp6lm Ай бұрын

Craig, understands😊

@gmgssilverplate Ай бұрын

Haven't Barrick and Newmont the biggest stocks though? It shows how bad the industry has been spanked, i can't think of a single one pm mining stock doing well and I don't mean a tiny ass junior that Rick Rule owns 50% of.

@socalsilver6397 Ай бұрын

How about Equinox Gold EQX? Favorite of mine. Actually doing well today. Let’s hope the increase in Gold prices becomes the catalyst for equities.

@briangranger1741 Ай бұрын

Agnico Eagle Mines Ltd

@benjaminmale601 Ай бұрын

When main stream media finance are pumping up bitcoin whole slagging off gold, that tells you all you need to know. Understand what your eyes see & your ears hear.

@torarnemoxheim4756 Ай бұрын

🎯🎯🎯

@atillaar421 Ай бұрын

While investing in stocks, everyone should consider the possibility of nationalizin the mines in different countries.

@johngaccione5633 Ай бұрын

Galiano gold corp no debt champ

@I_Dolemite Ай бұрын

Hemke sounds crazy.

@silviofontana5144 Ай бұрын

The FED is as slippery as an eel in a bucket of snot.

@thephysicalsilverfox3474 Ай бұрын

Slipperier than a gynaeocologists handshake

@catfishcustoms6358 Ай бұрын

We need a bitcoin to gold ratio , or does that already exist ?

@theegunslinger4644 Ай бұрын

Depends if you can do math.

@chyka9572 Ай бұрын

America isn’t pushing up the price of gold. It’s the rest of the world!

@fzr1000981 Ай бұрын

Because US naively believes dollar is immortal, backed up by 35T in debt

@jeffsurfanderson Ай бұрын

Maybe that person who did that article should watch Ray dalio's changing of the world order where he goes over the currency rise and fall of every single Empire for the last 500 years. We are on the downtrend the dollar has been inflated away look at the purchasing power like how expensive everything is this is the end I give it 10 more years to the the dollar goes into hyperinflation or the government collapses. You have to pick one of those as the option there is no other option. Cbdcs coming online will not fix the problem

@rjm10031952 Ай бұрын

Craig, I think you should check your data more closely. Barrick has moved from $0.70/share in 1985 to $50+ in 2011 and now back down to $16+.

@TwitchRadio Ай бұрын

I'd like to think of silver as the little old lady with the Walker... slow and steady as it goes then one day, boom, she gets a power scooter and is able to go a little faster.... then eventually she gets a rocket put on it so she can fly... 😂... basically what I'm saying is silver is slow and steady knocking at the door, are roof witches are resistance if you want to be technical.. she can't really hear if she can come in the door cuz her hearing aids aren't turned up so being the modest person she is she turns around and bounces around waiting patiently for the right time... eventually that door swing open and eventually she'll be able to purchase that electric scooter... but till then this is the perfect opportunity to DCA on a weekly or monthly basis not too much not too little, which I think is Lost in Translation over the years..... anyways just something I thought of while watching your video and thought I would share... but overall I think we will go up eventually but not just yet but thinking length of time in years not months and you'll be good... my prediction still stands at a modest $60 by 2030 and if major variables change I'm not going to list them but you know what they are, then that price might be higher bear case I think we hit 40 - 50 and Float around there, bull case 60 and super bull 125ish but a lot of things have to happen for that to get to that far up by 2030😎✌️

@TheKlaus3001 Ай бұрын

Silver's alltime high was 50$ in 1980. Inflation adjusted it must be at 400$ in 2024.

@TwitchRadio Ай бұрын

@@TheKlaus3001 you say must like anyone has control of it... the only thing it must do is exist... but I'm not complaining if it goes higher that's for damn sure😂...

@claytonschemper8375 Ай бұрын

If I was ever forced to find a random KZbin comment to describe what ADD looks like, buddy, yours is the winner!!! A hyper random thought but with absolute genius analysis behind it to make you stop and think “🤔 Damn, that actually made a lot of sense!” Thanks for sharing your beautiful brain with us all. Go old Ladies!!!!! 🚀

@TwitchRadio Ай бұрын

@@claytonschemper8375 lol, thanks.. I do have Asperger's Savant syndrome.. and it is a bit hard for me to communicate at times.. 😎✌️

@INTERNETVID Ай бұрын

@@TheKlaus3001 The $50 high in 1980 was a non-market driven aberration and outlier and bears no meaningful relation or basis for spot price expectations.

@choosiewhoo1700 Ай бұрын

Buy some gold now as it is now certain gold is going higher soon. 😁😁😁😁😁😁

@rayhall7759 Ай бұрын

Somebody hand Craig a roll of duct tape for his head!

@Denniswen01 Ай бұрын

SILVERPRICE??? Why do the silver mining companies accept a silver price of ~25 $ ?? I would not sell my precious stuff to anybody for that redicolous price. 50 bucks for silver in the 80s, and 40years later the price sits at 25 $. That is total BS. JP Morgan fuck’s uss all!!! By setting the price only paper!!!!

@bver1149 Ай бұрын

❤John 8 32

@johnhenryreber2501 Ай бұрын

I totally agree, silver has to break out before the mining shares wake up. Maybe some will but for the most part silver will wake up the miners and I'm waiting for stupid silver to wake up

@jeffnightengale554 Ай бұрын

On Argentenia and the IMF. I believe the IMF doesn't help countries. I think they have an agenda far different than the countries they deal with. If your a leader in a troubled country you would probably be better served to bring in finance people, economists, business people and historians all with different ideas of what to do. Listen to them with an open mind and craft a plan to fix your problem. All of these people may have different agendas. You know that going in. You have to decipher what parts of their advice you can use in your plan.

@jackgoldman1 Ай бұрын

If prices fall the entire global house of cards falls down. Prices must rise or we all die.

@j3558 Ай бұрын

you can also get a deflation crash which will also cause a panic into gold bc god forbid people get affordable prices due to lack of demand

@planetcave Ай бұрын

They need something of value when the whole digital ponzi games come to an end

@Tilor-vp6lm Ай бұрын

You said it.. "The End Game"

@brysona466 Ай бұрын

FTCO ... Nevada Producer w/ Monthly Div. While You Wait

@maricel4083 Ай бұрын

Tecknic in gold and monaey people not now okay

@accidentalhomestead5522 Ай бұрын

The rise in deficits and interest are game changers. They look exponential on a chart, gold and to a lesser degree silver are a safe harbor. We could be in the early innings of an empire/ currency decline. I doubt even Trump will be able to wright the ship, because congress won’t be able to pull back on the spending. What ever the next emergency is will require more spending. And the next and next. And the fed will keep the big banks liquid. Empire type events are bigger than inflation or deflation arguments.

@mm17101978 Ай бұрын

Weimar Germany and even worse Yugoslavia 1992-1994!

@kokikoki12345 Ай бұрын

Really ?????

@hendo19742 Ай бұрын

AVERAGE JOE SIX PACK IS BROKE MATE👀🇺🇲🇬🇧🇿🇦

@maricel4083 Ай бұрын

Your so early to buy gold. Just wait when brics is working to mny country. Next yr totaly all they get hard situation in local fiat currency. So that's the best you buy in federation. I tk and eat all the gold in local then I use that also to the people hv earn in cash. Fiat local or international. Bcz I don't want the machin in central is open or working he need a rest so I'm advised don't buy bow. If no money printed gold and silver is down

@danielmann9135 Ай бұрын

Craig dumping on newmont and barrick just shows how horrible of a trader he is. He just admitted dumping nem at the low and then it took off on him. Nem and abx have huge reserves and cash. Most seniors and juniors have not done well due to aisc. Now is the time for these majors to shine. If gold can stay at these levels their aisc shoud be steady and profit will be huge. Any new investors to gold should be dipping their toes with these two majors. Craig has lost my respect and his credibility with these comments. Bad mouthing a successful billionaire is not cool. Im sure he did his research.