Its not about gold go up, its about fiat currencies go down, how far will they dilute our purchasing power ?
@pablomalaga4676Ай бұрын
There Is no floor for the dolla
@ciscoguru69Ай бұрын
@@pablomalaga4676 Actually, there is. Historically, all fiats return to their intrinsic value of zero. The fiat US dollar will be no different. Hope that helps.
@donbxman7080Ай бұрын
Your vision is 20/20
@johnrday2023Ай бұрын
The only way the US can repay any of its $35.6 Trillion Dollar Federal Debt is to keep on printing more paper fiat money to repay in worthless depreciated US dollars !
@TheOnlySaneAmericanАй бұрын
@@pablomalaga4676 Yes there is. It's ZERO just like any other fiat.
@timelapse4989Ай бұрын
Gold is not meant to be sold to make a profit. It's insurance for yourself and family. Once you buy, you don't sell unless there's some kind of emergency and you need the money.
@Doradoo-h1qАй бұрын
Hmmm all change now, like silver is not money anymore ! Yes gold it insurance but in now days FED BRICS or BASEL 4 can make you rich depends on their solutions !
@thatsteveguy8220Ай бұрын
Totally agree
@hudcummings2979Ай бұрын
agreed, but behold how capitalism becomes a travesty of indifference against the face of humanity & behold what the "american" dream really is/has become
@MrYogi1212Ай бұрын
and one can pass it to the children 'ni vu, ni connu'
@rudeawakening3833Ай бұрын
What about physical silver ???
@mlbaker40Ай бұрын
Gold is telling you that more of the world is acknowledging the fact that Treasuries are not assets. Treasuries deliver a loss of purchasing power. That's not what an asset does.
@laccess911Ай бұрын
The Gold bull is just beginning. It's going to last longer than anyone can imagine.
@davidjewett112Ай бұрын
I would not be surprised to see $3,000 gold by end of 2024
@belfastaАй бұрын
I will be surprised if it doesn't go above $3500 by end of year 😎
@Doradoo-h1qАй бұрын
if its jump 3000 you think rest of the world run to buy it more, like bitcoin ?! And i think ppl who have including coin shops and banks will stop sell gold when it hit 3000 !
@donbxman7080Ай бұрын
Maybe by the end of October! lol
@davidjewett112Ай бұрын
@@belfasta That would be great!!
@1p4gАй бұрын
Once the banks have enough to back the coming currency it might go way down to actual cost of mining and refinning it, then what,
@raiderdrew988Ай бұрын
As long as they keep inflating the paper sky is the limit bro keep stacking
@aduckquackquack5783Ай бұрын
Yes it can. Just like the stock market. Central Banks print money and buy Gold, that’s called Inflation.
@neilshahndynasty.8882Ай бұрын
wrong
@Doradoo-h1qАй бұрын
Well last thing that world trust is GOLD rest is printing scam that can be sanctioned ! Russia China UAE Brazil Africa all be happy to trade with gold not some paper frozen swift !
@dsudimackАй бұрын
I love the push to push us out of the investment of the century. Neither Trump or Mamala are gonna tighten the belt……I look forward to NOT selling a single ounce.
@tanner882Ай бұрын
@@neilshahndynasty.8882well gold will stop going up when the dollar is no longer given out freely without goods produced…
@seeker2118Ай бұрын
@@neilshahndynasty.8882Why is it wrong?
@astralclub5964Ай бұрын
A better question is how far can the dollar fall?
@aidenfreedomАй бұрын
To Zero!!! That's where it will end.
@stephenwang9567Ай бұрын
All intrinsic value of paper currencies are Zero. Credit creation by govts to deceive citizens. I owe u nothing
@donarmando916Ай бұрын
Sure can Gold go up forever over the long run. We have increasing population on this planet, but Gold resources are finite.
@ulexite-tvАй бұрын
I hear you!
@hudcummings2979Ай бұрын
as we should all be able to see by this, and esp by now, the only real asset humans have is service to one another love is the only lasting form of energy exchange how bad does it have to get (dare anyone should ask - yet again) also, the misuse of free will is taking care of the population - yet again
@sprinkle6121 күн бұрын
Gold resources are NOT finite. There is effectively an infinite amount in space, more falls from the sky every day, and there are a quadrillion ounces in the planet's core, and even on the surface, there is likely WAY more in the ground than there is in vaults. I would also challenge the second part of your assumption. Although population is increasing, the rate is falling fast, and is below replacement rate everywhere but Africa. Its VERY likely that population will hit its maximum in the next 10-20 years, and then start falling off fast, as birth rates keep falling everywhere. I'm not saying that gold can't keep going up, especially in fiat dollars, but its not because of your reasons, that are both temporary, because if the price goes up in real terms, more gold WILL be mined, and CAN be mined, because its out there, the only question is if it is worth digging for.
@rickbruceroche2038Ай бұрын
I always wonder why media ignores silver. In 1942, the price of a gallon of regular gasoline was $0.20, or two thin dimes. Today, the average cost of regular gasoline is $3.18. Today, the value of 1 silver dime is $2.41. Thus, a gallon of gas is LESS than two thin dimes. While it is less dramatic than gold, silver is the foundation of the working man. And, considering that it has been afflicted with naked short trading for decades (that stopped in the stock market in 2008), and that a Federal judge has found that to be illegal (just last week), who knows? Maybe it will go back to the old 20:1 ratio. (Mining ratio is only 7:1.)
@dsudimackАй бұрын
They ignore it because they are in bed with the gubmint….and want all of us on the tit.
@rudeawakening3833Ай бұрын
I’m with YOU on this ! They should NEVER have gone off of the bimetallic system . I went to a flea market last weekend - found a fully intact 1964 USMint proof set in the brown envelope and both pieces of aged cardboard and the COA ! $18.00 the elderly gentleman asked me for it ! I also found a 1970 US Mint set for $7.00 ! SCORE !
@stephenwang9567Ай бұрын
Silver is the people's money n still affordable to stack. Govts wants us to trust their fake Currencies money
@sprinkle6121 күн бұрын
Silver has been demonetized, and thus can never rise fast in price, because its easy to increase production, because the stock to flow is high, and likely to get higher, as it is used in industry much more than gold.
@halfhoppamusicАй бұрын
Are you kidding? Wait till the US has to revalue it? Lol
@kahvacАй бұрын
They did it before !
@jimcroft21Ай бұрын
There’s a solid chance that gold will be at 5k by end of next year, seems you guys are trying to get it cheap while you can..
@ericmeyer4128Ай бұрын
That’s what I thought too
@4thzconАй бұрын
This times 2000 to 2700 dollar price is just the 600 to 1000 dollar run of 2006 and 2007, Gold hasn't even begun going up yet and this time is a real meltdown
@MyscentseiАй бұрын
Nkthing started yet. 3K is the start. Silvers start is $50 and plat $2K.
@Doradoo-h1qАй бұрын
ppl wont run sell gold at 3000$ but silver at 50$ will sell many many many tons and price drops !
@joshuakelleher-bw5dgАй бұрын
@@Doradoo-h1qmore people will continue to hold silver at $50 than you think.
@QuantumBoyMacauАй бұрын
It's not the Gold going up. It's the USD going down. Gold has been around before the USD even existed.
@kahvacАй бұрын
Gold is very simple...the dollar goes down in value and more is needed to buy Gold. The story never changes.
@sheldonsnow803Ай бұрын
gold always goes up over the long term. period!
@marcush4026Ай бұрын
Agree.
@sprinkle6121 күн бұрын
Gold NEVER goes up over the VERY long term. What an ounce of gold could buy in ancient Rome, is the same as what it can buy in 2024. Gold preserves value, you grow your value elsewhere.
@JohnBeen-r3vАй бұрын
Biggest lesson i've learnt in 2024 in the stock market is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.
@fasteddy6170Ай бұрын
It hasnt even started and Please Obtain Holy 9999 SILVER
@hudcummings2979Ай бұрын
the Medjugorje Miraculous Medal silver rounds WERE @ .50 over spot per oz - now they're selling just as any banker would sell them = the same old greed; however, it's agreed, get silver
@davesubers3415Ай бұрын
If one Bitcoin you can’t hold is $67,000 then what can one gold oz go to that you can hold!
@AndyTN64Ай бұрын
Bitcon are base on technology like iPhone. There will be next advance Bitcoins, what would outdated Bitcoins worth? Golds and other metals never be outdated.
@sprinkle6121 күн бұрын
Digital replaces analog, that is the lesson of history. Gold could be demonetized, because digital gold is FAR easier to assay, send around the world, store safely, and even spend in small amounts. So far, its not happening, but it could, so be aware of Bitcoin's superior traits.
@blaiseduguay9723Ай бұрын
What is important is tio buy physical gold not paper.
@Mythological321Ай бұрын
Thank you for acknowledging the buying from central banks. Real reporting.
@khtan585Ай бұрын
As long as fiat money printing continues unabated gold price will rise. The debasement of fiat money is permanent in nature hence it gold will continue to head up. ❤❤❤❤
@Tommasini9Ай бұрын
According to the US debt clock - dollar to gold ratio; gold should be over $12,000/oz? The GDP/gold ratio has gold priced at over $72,000/oz. If you study history, it seems this crypto rage has a lot of similarities to ... the Dutch tulips, and that gold has quite a bit more room to run....?
@oregonpatriot1570Ай бұрын
I thought I couldn't get any more lazy or fatter too. _But here I am!_ 🤣
@charlottetrim6360Ай бұрын
LMAO
@realestedАй бұрын
I was hoping for a 15k target but I laughed at my self I see some people calling for 150k target and I dont see that been feasible
@philmelb1022Ай бұрын
True it can go down but always comes back higher.
@xeux-i3Ай бұрын
Yes it can.
@neilshahndynasty.8882Ай бұрын
Buy Silver Platinum & Crystalized Osmium.
@PreppingWithSargeАй бұрын
Good info. Thanks for keeping us updated. Keep stacking your metals friends. Interesting roads lay ahead of us!
@anb4351Ай бұрын
Its not about gold going up, its about fiat currencies go down, Gold just holds it's value and in the long term in terms of purchasing power it doesn't really appreciate, it just keeps it's value, dollar goes down relative to gold
@pushthebutton4602Ай бұрын
in total the gold will go up! Don’t need to worry if save it for the future. It can go down, but it will always come back for those that are not in hurry!
@stratcaptain66Ай бұрын
Gold can keep going, because the dollar or fiat currencies are melting away into nothing, so REAL money (ie silver and gold) can stay on their current “maintenance program”
@t-bone7988Ай бұрын
keep stacking guys!
@johnrday2023Ай бұрын
Gold can go up much higher unless the US Big Banks and US Fed interferes (again) !!! Just like they have been manipulating Silver pricing !!!
@stuartd9741Ай бұрын
But silver is used a lot more in industry than gold. .. I suspect major industrial players that use silver, are releasing silver onto the markets to artificially stabilise the price of silver. ... Otherwise if silver rallied like gold, it would be too expensive to use in industry/electronics ..
@kahvacАй бұрын
Gold and Silver prices can only be manipulated to a point. Watch out when we reach the breaking point.
@jinzhengyuan6358Ай бұрын
You have considered all the situations, except for the impact of the loss of US dollar hegemony. What should gold priced in US dollars do if the US dollar hegemony is lost?
@UPdanАй бұрын
You're running out of gold? Fair question.
@u2canbfmjАй бұрын
one day, if you can't exchange FRNs for it, its price will be infinite
@TheOnlySaneAmericanАй бұрын
Or it could become worthless due to a situation where clean food and water is more important than gold or silver. This of course is worst case scenario but it can happen.
@AndyTN64Ай бұрын
Golds continue goes up until currencies back by golds again.
@EroticOnion23Ай бұрын
Inflation can be infinite so gold price can be infinite...
@ChrisBum-zr8tnАй бұрын
Bingo
@johnrday2023Ай бұрын
When is the US Inspector General finally going to get around to audit the US Federal Gold Reserve ???
@Fat.Ass.Tatter93Ай бұрын
Nvr Ever EVER!
@sprinkle6121 күн бұрын
Who cares, US gold was all stolen from the people in 1933. When will our gold be returned to us ?
@chadwolfeschledgelsteinhau9697Ай бұрын
As long as they keep printing $$ it will continually go up common sence
@kahvacАй бұрын
Gold is very simple to understand.
@alexp4700Ай бұрын
it is constantly goes up since the beginning of time
@Justice4oneandallАй бұрын
Gold and Silver will continue to rise as long as our currency keeps losing its value because of Government spending, etc.
@gavincoates6017Ай бұрын
No Mention of potential announcements from BRICS 2024 in KAZAN thsi week. Possible announcement of the new "trade settlement" currency with the composite basket of member nations currencies also including a 40% weighting to GOLD. Imagine how much Gold will be required for that.
@chinsoo369Ай бұрын
Gold was about $20 in 1900. Now, gold is over $2700. It may have dipped a bit, but, I can't remember when gold is not going up. Well, the damage has already been done to the economy. The Government has increased the money supply to fund COVID welfare, wars, etc. And still increases large amounts of debt constantly. There is no end to this. How can the government fund those interest payments? Maybe by increasing the money supply again knowing that it is inflationary. It is not sustainable unless they cut interest rates. Cutting rates will raise gold price.
@kahvacАй бұрын
Gold is very simple...and simple to understand. Way before computers and stocks there was Gold and Silver.
@philmelb1022Ай бұрын
Gold doesn't generally crash.
@George-664Ай бұрын
Have not even started. Will start when it doubles in one day. And will be no bullion or coins in stock.
@jerryantonies5334Ай бұрын
Very complex situation, gold could continue much higher. Reason: 1) BRICS new unit 2)national debt 3) newest class 1 asset by BIS 4) Indian wedding season November and December 5) inflation 6)loss of the petrodollar 6)loss of currency value 7) coming American president election 8) fed dropping interest rates. Gold is the only true money, currencies are paper and all currencies always end up worthless.
@garmen27Ай бұрын
...WW3 😉
@UnacceptablePhilАй бұрын
All the time the central banks continue to devalue the (fiat) currencies, gold will continue to go up. KEY POINT- gold isn’t going up in value. Currencies are loosing their value. Big difference. When you understand the bigger fundamentals, it becomes clear.
@ShalomUSAАй бұрын
💯
@rickseaward222Ай бұрын
Gold price approaches $infinity as Fiat currency approaches to $zero. Simple mathematics 😅😅😅😅😅
@ErnestGirlsАй бұрын
Well if you look at the chart for last 80 years the answer is yes, yes it can
@widyanarАй бұрын
150 B monthly printing press isn't stop yet..keepp stacking..
@grandroofing1604Ай бұрын
Bottom line is the Dollar is in decline.
@Jan-m5c2r28 күн бұрын
The dollar is pretty strong these days, so...
@Jdog667.Ай бұрын
Doesn't APMEX sell gold 🤔
@Jan-m5c2r28 күн бұрын
Yes, but they are also serious analysts - not carnival barkers!
@onmyworkbench7000Ай бұрын
It's not how *_HIGH_* can Gold go, it's how *_LOW WILL THE DOLLAR GO!!!!_*
@Nathan-hb3puАй бұрын
Stay with gold what ever they tell you.
@kludgedudeАй бұрын
Gold will simply stabilize at a much higher plateau
@richardlamos143621 күн бұрын
Also keep in mind Au is now a tier 1 asset again ie as good as a US 10 yr bond
@Carlos-wz7vmАй бұрын
The better questions would be ... will there continue to be money printing devaluing currencies and will there be excessive government spending.
@scooterfrank128Ай бұрын
Forever !!
@gingerkilkusАй бұрын
Gold looks like it's going big this year. I really want to profit from it this year. I have about $100k I want to invest. My brain doesn't do very well in understanding these things. How do I go about it?
@davicpetrovski155Ай бұрын
Keep printing and gold will rise
@ryanlowseck1164Ай бұрын
How many years has the stock market continued up, that's how long
@eymeeraosaka2954Ай бұрын
Good analysis albeit it did not adequately explain why gold price is on a tear? The reason is because you based your analysis on Keynesian Economic Theory which I don't think is applicable anymore as there is a paradigm shift in the world financial system involving fiat money....To me, the main reason for the unrelenting rise of gold is the imminent demise of US Treasury as a safe haven asset....and gold is now the only alternative....
@slaapjynog2630Ай бұрын
It helps if inflation is measured correctly
@WisdomIsPreciousАй бұрын
This is a very myopic take on metals
@stephenwang9567Ай бұрын
As long as govts of the world increase Debt n print Worthless Fiat currencies Gold will skyrocket. Gold protects purchasing power against collapse of paper money.
@kahvacАй бұрын
Gold is very simple.... the story never changes.
@persophone455429 күн бұрын
How long can the gold price keep rising? Silly question. How long will the currency printing presses go into overdrive? Weimar republic anyone! Gold beats paper anyday.
@Happycamper10Ай бұрын
What he means is it can’t move forever and silver stay stagnant, copper also.
@acegikmoiiАй бұрын
You could (and should) be asking this question about Bitcoin, the Dow 30, the Nasdaq, and housing prices.
@shauncorless8965Ай бұрын
Anyone not buying gold knows nothing about history or economics ,,😮
@joewood657819 күн бұрын
I totally agree I have several family members trying to educate them on this and they are so ignorant to it they don't want to hear it. And I told them that I cannot bail them out when the dollar crashes so I hope they have some backup somewhere of some sort!
@mikhailkalashnikov4599Ай бұрын
Sell for what, paper? Digits?
@SteveTheFazeman29 күн бұрын
So many people have sold their gold that dealers will now buy an ounce for only 90% of its worth.
@MGTOWTheRationalMensClubАй бұрын
Up to 27000 $ or more
@j0518408Ай бұрын
So gold was 20 per ounce you tell me how much is now is it going up all the time or down all the time ignoring the correction.
@biglou773329 күн бұрын
Gold will never drop below $2500 again
@jianjieyap2010Ай бұрын
According to my charts at least $10,000 by 2055.
@pushthebutton4602Ай бұрын
But then we are to old!
@4563-o1lАй бұрын
GROY TMC and AG 🚀🚀🚀
@SlumberBear2kАй бұрын
how high can gold go is determined by inflation.
@mikhailkalashnikov4599Ай бұрын
My strategy is fully evolved, for the End Game.
@BulletProofBrain26 күн бұрын
It just shows how little people understand about Gold. Only 1% of US investors own gold in their portfolio. Gold is money, everything else is credit - JP Morgan
@holypunk1226 күн бұрын
Gold is for long term....as a hedge in urcertain times !
@AwakenedOne-quАй бұрын
If brics ties their currency to gold, it's going to skyrocket and the dollar dies.
@tommykoi1983Ай бұрын
Money printing is lasting so gold will go up….
@tommypaget229418 күн бұрын
So, gold will come down to $120, like in 1923?
@theaverageguy3884Ай бұрын
Wasn't the carry YEN trade a black swan event ? Now thinking about when Japan hiked rates for the first time in a long time now in 2024.
@billhayward1585Ай бұрын
America seems to be in a steady decline, so my guess is Gold will go up in value.
@stephenwang9567Ай бұрын
In Aug 1971 America is bankrupt leaving the gold exchange standard. Next they outlaw gold ownership for citizens. That's history
@aidenfreedomАй бұрын
You pose the wrong question: Gold does not go up in value; it is currencies that go to ZERO, hence the appearance of Gold rising. The paper market for Gold is doomed in my opinion, soon the value will be fixed as it should be, then 'money' will be a fare representation of those goods and services. Back to a Gold Standard. No more inflation, then we all know where we are, much harder for Governments to 'diddle' us.
@jurgenpommerenke8150Ай бұрын
Funny money will go down forever.
@jwill540Ай бұрын
Gold can go up for as long as the currency to compared to can go down.
@neon746923 күн бұрын
It'll go up as long as Fiat money keep going down
@overdpАй бұрын
For the next 5 to 7 years easy.
@BNJMINАй бұрын
Your title: well it has for 5000 years so why is that?
@russberg900Ай бұрын
Yup, full confidence in our government to do the right thing! 😂😂😂
@parth53123 күн бұрын
All those Points you refer in black swan events section, can be the signals for a bigger black swan event that can happen in future, which you haven't covered here, and that is De-Dollarization. If Russia, China, India work together for at least 10 years, this drastic shift can happen. With high interest coming from a lot of countries to join brics in an signal too, particularly countries part of NATO alliance
@apmex23 күн бұрын
Excellent comment. We'll be covering this in our new episode, Sunday at 10am CST
@hansfranz7772Ай бұрын
it is called Bullmarket. I know it is new
@mynameisjeff888Ай бұрын
On or afyer Nov 7th gold will make another move up
@maackiaamurensis5703Ай бұрын
It will go up forever until the fiat collapses
@davidmcguerty840529 күн бұрын
How high can gold go? Bitcoin, backed by air, went from $1 to $67,000. So gold going up 10% is nothing.
@元福徐Ай бұрын
年底1盎斯金幣必超過1萬美元!!!
@philmelb1022Ай бұрын
Well cars go up houses go up food electricity insurance prices go up why not gold go up. Sure it go up and down but long term gold goes up.