Economic Crisis: How To Profit from GOLD Going to $10,000 | David Hay

The Haymaker, David Hay, returns for an excellent discussion. We cover a lot of ground in this interview. We discuss a looming economic crisis, the state of the US economy, the battle of the SP500 vs Gold and Gold rallying to $5,000 or even $10,000.
#goldprice #gold #stocks
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Thank you to our #sponsor MONEY METALS. Make sure to pay them a visit: bit.ly/BUYGoldSilver
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Guest: David Hay, Co-CIO & Author
Company: Evergreen Gavekal, Haymaker
Recording date: June 25th, 2024
Substack: haymaker.substack.com/
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📆 Save the Date 📆
DEUTSCHE GOLDMESSE 🪙
November 21 & 22, 2024 in Frankfurt, Germany
www.deutschegoldmesse.com
Register today.
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Twitter: / soarfinancial
Website: www.soarfinancial.com/
Chapters & Timestamps (AI generated)
00:00 - Introduction
00:50 - Host Introduction
01:08 - Guest Introduction and Discussion Overview
02:30 - State of the Economy
03:25 - U.S. Debt Issuance and Market Demand
08:57 - S&P and Gold Comparison
09:17 - Bond Yields and Market Impact
11:52 - Consumer Spending and Savings
15:14 - Inflation Differences Across States
17:04 - Strategic Petroleum Reserve Release
18:37 - Crude Oil Prices and Inflation Pressures
21:11 - Unemployment Data Analysis
26:24 - Fed Policy and Jerome Powell's Performance
28:52 - Off-Balance Sheet Liabilities
31:34 - Economic Outlook: Landing Scenarios
33:30 - U.S. Budget Deficit and Student Loans
37:15 - Bank Failures and Debt Ownership
41:23 - U.S. Debt Compared to Japan
45:24 - Precious Metals Market Overview
47:56 - Impact of EVs on Infrastructure
51:46 - Uranium Market Acquisition
53:00 - Gold Miners and Q2 Expectations
55:02 - Closing Remarks and Follow-Up
#gold #copper #silver #palladium #usdebt #sp500 #stocks #investing #trading

[@FreestyleJameZ]

The incompetence and corruption that runs through this administration are getting more ridiculous. I feel for people with disabilities not getting the help they deserve. Thank you Leah Foster Alderman, imagine investing $1.5k and receiving $6.5k in 4 days.

[@AdamWright8fool]

That woman totally changed my life for good. I have come across individuals but none is as honest as Leah. So surprised you know her too.

[@SasiponPanavaravatn]

I've seen different people talking about this Leah, she must be very amazing for people to talk this good about her.

[@ArchieJohnson5h]

Please I'm new to this, how can I get her assistance?

[@AdamWright8fool]

Leah Foster Alderman. You'll definitely find out more if you look her up online

[@FreestyleJameZ]

Exactly that's her name, look her up with the name above!

[@rachmcd160]

Interesting discussion with very detailed answers to questions. Tks! 🙂

[@erikschall620]

Kai try to get David Jensen on to talk about LME/LBMA being the "real big dog" in Silver manipulation and not comex like everyone thinks ! Looking forward to it !!

[@ManuelNewell]

The most important thing everyone should think about right now is how to invest in different sources of income that are not dependent on the government. Especially given the current economic crisis around the world 🌍 . This is still a good time to invest in various stocks such as gold, silver and digital currencies, I would like to thank John Preston for my crypto education.....

[@techsavant3984]

Please how do I go about it, am still a newbie on investment trading and how can I make profit?🙏🙏

[@ManuelNewell]

HE’S MOSTLY ON TELEGRAMS APPS WITH THE BELOW NAME.

[@ManuelNewell]

@hoodsignal ⭐⭐⭐

[@techsavant3984]

Thanks for the information... I will contact him as soon as possible. I also want to gain good knowledge and stop losing..☺🙏👍

[@virginiakershaw6119]

I agree that there are strategies that can be used to generate solid profits regardless of the state of the economy or market, but such implementations are usually carried out by investment experts or advisors with experience..

[@annaweiers2947]

Good to see you Kai❤🇨🇦

[@Popnpoff]

Great video Kai

[@SoarFinancially]

Thanks 🙏

[@esioanniannaho5939]

I expect that there will be a last minute dash by BRICS into PMs in August before the Shanghai meeting of finance ministers in September when they detail the BRICS Unit backed up by PMs. Russia has the starting pistol. Per Jim Rickards says that over $200bn of their frozen assets is held by Euroclear brussels which has many overseas legal entities including Hong Kong China. All Russia has to do is to start legal procedures and writ petition and put a spanner in the global financial system by putting a Lieu on assets held in each jurisdiction. ICE 9 thus financial institutions will not be able to use Euroclear. Most likely to happen after the BRICS+ summit in Kazan Russia in October 24. This is fatal to the Bond Markets. When do Fund Managers rebalance their portfolios will it be pre or post summer and follow Sam Duncan Miller pivot from Tech into Newmont etc??

[@kevinjoseph517]

at 46 minutes...could be is what he says.

[@thorstentrapp274]

Kai really has no understanding about the FED at all. Asking for school grades for Powell is just a waste of time. He has to work out what Powell's job actually is and he has to figure where the FED head is in the hierarchy of power.

[@jamesconley9753]

“yeah, but gold is down from all time highs.” 😂 what a tool

[@geoffdaly3991]

wow.. the interviewer has never looked at the SPX/Gold ratio???... , someone give him a 100 year chart fairly lively... step out of the matrix and stop believing everything should be tracked in fiat currency nominal terms

[@jake8077]

I have NOT watched this video ..but it is a topic that I am very interested in .... but how in the "Chicken of the CAVE" is anyone going to stretch 30 seconds worth of information into 57 minutes of boring discussion???? .. just get to the fking point ..RUFKM???

[@ejbh3160]

The anti-EV stuff totally put me off what he had to say about all that other stuff. If he's so ill-informed (or deliberately misleading) about EVs then likely to be misleading on all the other stuff too. Hybrids... do me a favour. BEV will win hands down - that's why the western governments are looking to tax Chinese EV imports - they KNOW 100% that they will take over the entire market. And when your hybrids are all doing 1000km a gallon, how much will petrol cost? A whole lot more than the free electricity coming from your rooftop (ok not free - 2c per kwh).

[@WHATSUP7049]

ev's suck

[@kurgin]

EV’s are a total scam