Road to $23,000 GOLD, 'It Will Get There' Says James Rickards

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Commodity Culture

Commodity Culture

Күн бұрын

Пікірлер: 313
@dilatedtime
@dilatedtime Күн бұрын
The way that James breaks it down and explains how an inverted yield curve signals disaster is absolutely phenomenal. I think this is the best explanation I’ve ever heard.
@korbekleeninc.974
@korbekleeninc.974 2 күн бұрын
first step to $23,000 gold would be for the price to stop falling
@sebastianmullerbalcazar6229
@sebastianmullerbalcazar6229 2 күн бұрын
@@korbekleeninc.974 volatility is part of the game, if you don’t understand why prices moves, do your own research you don’t know what you are talking about…therefor you won’t money either because your narrow view of reality. When doind investment you bet on a structural behavior. When especilating you are betting on hopes. You clearly like to especulate, because when things go south you believe is wrong. If you would understand the underlaying forces for gold to price you would not be thinking into the contrarian movement.
@xaverback
@xaverback 2 күн бұрын
He wanted to say correction towards 2300
@concernedcitizen6326
@concernedcitizen6326 2 күн бұрын
😂
@NursePractitioner-pc4iq
@NursePractitioner-pc4iq Күн бұрын
@@korbekleeninc.974 omg it’s been 2 days 🤪
@alexp3752
@alexp3752 Күн бұрын
AU needs as slight correction to set a floor. Remember, the exuberance over DJT is just getting going after four years of the worst administration in my lifetime. With his plans, DJT will have to print lots and lots of fiat. Banks are failing, and the FDIC is hopelessly underfunded. More fiat will be needed to keep the nation going. Hyperinflation? Perhaps. Not to worry if you hold AU.
@booftiger
@booftiger Күн бұрын
The best interview from Jim in a long time, very informative.
@mr1234tempo
@mr1234tempo 2 күн бұрын
Gold should be as high as Bitcoin.
@EspecialDelivery
@EspecialDelivery Күн бұрын
That is what I have been thinking too.
@kengaroo5170
@kengaroo5170 Күн бұрын
Bitcoin is the new fiat until it isn't. What's China, Russia, and India buying?
@mr1234tempo
@mr1234tempo Күн бұрын
@@EspecialDelivery I think if Gold was revalued at Bitcoin levels 🤔 we'd have no financial problems.
@mr1234tempo
@mr1234tempo Күн бұрын
@kengaroo5170 Gold and silver are real money, cryptos are fiat until they start competing with sovereign currencies, and then crypto will be confiscated.
@alexp3752
@alexp3752 Күн бұрын
Just give it time... As an engineer, we all know that simplicity is most reliable. The fewer the moving parts, the less there is to go wrong! Gold to preserve purchasing power. That is the goal.
@JM-uo5vp
@JM-uo5vp 2 күн бұрын
If the day comes when gold is worth $23k/oz a can of soda is going to cost $35
@Paydirt007
@Paydirt007 Күн бұрын
and 3 dollars will still be 3 dollars .... soda costs 3aud :)
@LayneRose-gr1hq
@LayneRose-gr1hq Күн бұрын
You wouldn’t be able to sell any sodas over $5. Demand would collapse.
@Stevah00
@Stevah00 Күн бұрын
Are you really willing to pay that amount? No, nobody would; it's ridiculous.
@Paydirt007
@Paydirt007 Күн бұрын
@@LayneRose-gr1hq wages would triple , all relative.
@Paydirt007
@Paydirt007 Күн бұрын
@@Stevah00 wages will grow , all relative.
@patmortensen3829
@patmortensen3829 2 күн бұрын
Always appreciate listening to and learning from Jim ... hear something new each time or get to see something I've already noticed, from a different perspective. Thank you both.
@Fusian096
@Fusian096 Күн бұрын
Thank lord Jesus for $75k that biweekly changed my mindset and behavior, my goals, my family and I've to say this video has inspired me a lot!!!!🙏❤️
@Mattwilson5k
@Mattwilson5k Күн бұрын
I'm feeling really motivated. Could you share some details about the biweekly topic you brought up?
@Fusian096
@Fusian096 Күн бұрын
Thanks to my co-worker (Alex) who suggested Ms Mary Elizabeth Webb.
@Suzannaetc
@Suzannaetc Күн бұрын
WOW I know her too! Miss Ms Mary Elizabeth Webb is a remarkable individual whom has brought immense positivity and inspiration into my life.
@Suzannaetc
@Suzannaetc Күн бұрын
I got started with a miserly $7000. The results have been mind blowing I must say TBH!!
@AngelanitaAnita
@AngelanitaAnita Күн бұрын
I know that woman (Mary Elizabeth Webb) If you were born and raised in new York you'd know too, No Bingle doubt she is the one that helped you get where you arell
@leighgoodwin1726
@leighgoodwin1726 Күн бұрын
Brilliant pod. I’m less persuaded by the gold projections - too unpredictable in a bitcoin world IMO - than the more general discussion about Money GPT and Impact of Trump presidency.
@rodneysnextchapter615
@rodneysnextchapter615 12 сағат бұрын
I'd rather own gold though when the digital world starts glitching or fails.
@greatjohnnym
@greatjohnnym Күн бұрын
Jim is a King of explaining complex systems in action
@XimenaVasquez-w6h
@XimenaVasquez-w6h Күн бұрын
Rickards predicts $23,000 gold based on scenarios of extreme financial instability or a return to a gold standard, though this is a speculative and non-mainstream view. I agree with his opinion because my financial manager earlier this week made such predictions to my husband and i.
@DongTeng-q4u
@DongTeng-q4u Күн бұрын
Good day Ms Vasquez, i have always wanted to start up my gain in the gold market but i have little or no knowledge at all. Do you mind telling more about your financial manager.
@XimenaVasquez-w6h
@XimenaVasquez-w6h Күн бұрын
I am ever grateful to Marie Anne Canterbury because if not for her professional expertise when my husband and I started up our gain 6months again we would have taken great losses. Feel free to look her name up on Google as to see things for yourself.
@MauriceWadley
@MauriceWadley Күн бұрын
Thanks! Your video calms me down everyday, Gold has long been hailed as a store of value and a hedge against economic uncertainty, cryptocurrencies offer a new paradigm of digital scarcity, decentralization, and disruptive potential. From Bitcoin to Ethereum and beyond, these digital assets are rewriting the rules of finance, captivating investors with their unprecedented growth and innovation..managed to grow a nest egg of around 7.2Biitcoin to a decent 26.4Biitcoin. At the heart of this evolution is Alison Bruce, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment....
@BridgetteEstevane
@BridgetteEstevane Күн бұрын
Got a chance to benefit from her services a few weeks ago and it has been a very smooth experience.
@Adnancorner-p1h
@Adnancorner-p1h Күн бұрын
I’ve seen many positive comments about Alison Bruce. Can someone guide me on how to reach her?
@CalvinCooper-k7t
@CalvinCooper-k7t Күн бұрын
Access to good information is what we investors needs to progress financially and generally in life. this is a good one and I appreciate
@MauriceWadley
@MauriceWadley Күн бұрын
Alisonbruce… that’s her name on
@MauriceWadley
@MauriceWadley Күн бұрын
TE LEGRAM…
@pnola9840
@pnola9840 6 сағат бұрын
Fantastic discussion w Jim Richards! Great takeaways!
@petruflorintofoleanu5865
@petruflorintofoleanu5865 2 күн бұрын
JAMES RICKARDS ❤
@ddprepper5227
@ddprepper5227 2 күн бұрын
Excellent report 👍👍👍👍👍👍
@anonymousAJ
@anonymousAJ Күн бұрын
32:45 "When the market's down 5% if a sell order comes in we're only going to execute half" Hmm, I guess I better send in twice the sell order on a big down day
@sarikagoode1505
@sarikagoode1505 Күн бұрын
How do they pick whose order they will execute? Citadel’s or some random retail investor’s? Guess.
@pdel303
@pdel303 2 күн бұрын
A mini lesson in economics.
@deez771
@deez771 2 күн бұрын
I like his math and 25k gold but who’s to say how much we actually have in the vaults?
@ronaldmiller3619
@ronaldmiller3619 2 күн бұрын
Its all in the ground in Grand Canyon
@NursePractitioner-pc4iq
@NursePractitioner-pc4iq Күн бұрын
@@ronaldmiller3619 I doubt that, but I really think it is a little fishy how they have not evaluated and recorded how much gold we have
@Firehorse39
@Firehorse39 Күн бұрын
Thank you Jim. We always learn something new from you.
@clarenceedwards2866
@clarenceedwards2866 9 сағат бұрын
The next time a government official brings up this talk about disinformation/misinformation, we need to ask them if they would subscribe to someone being arrested by the police for an alleged crime and when the accused person is taken before the court, the judge only permits the police's version of events and reaches his verdict based solely on that; because this is what the rejection of disinformation amounts to.
@Stevah00
@Stevah00 Күн бұрын
Gold will not be a bubble, I hope.
@empress_me
@empress_me 2 күн бұрын
The Gov’t Bots are in the chat!!
@reddune6185
@reddune6185 2 күн бұрын
What is the definition of a depression? My understanding is it is a period of growth that is less than an economy is capable of. Wouldn’t that describe our economy since 2008?
@marcritchie4968
@marcritchie4968 2 күн бұрын
A depressed perioud of growth, we have been in one since 2008 correct
@voodoodoctor1435
@voodoodoctor1435 2 күн бұрын
jim thinks silver to gold ratio will be at 100 to 1 , with his 10k gold +100$ silver .. ... he gets a lot right but i cant see that being right
@andymorales6907
@andymorales6907 Күн бұрын
We are at 1:80+ for quite prolonged periods of time with the world functioning just OK. Would extra 15-20 points make that much difference?
@NursePractitioner-pc4iq
@NursePractitioner-pc4iq Күн бұрын
@@andymorales6907 I think when gold hits 10 k silver will probably be around -70-80. They won’t move in tandem forever , people don’t realize they are not the same metal. It’s not just Silver and gold it’s just gold. Silver is the metals market . Gold is currency
@johnhenryreber2501
@johnhenryreber2501 23 сағат бұрын
Jim isnt the only one. The historical average is 13:1 -20:1. Gold reached 1:1 with the Dow jones in the 30s and then again in the 1980 run. So one ounce of gold would buy the dow jones. Its very undervalued and the stock market is over valued. Micheal Oliver, Peter Schiff, Luke Gromen, Micheal Pinto. But Jim is the one who explains the math. You should listen to Micheal Olivers videos and read his "king world news" articles about silver. He sees silver around 230$. It is the most undervalued commodity. Im not sure where that puts gold. But if they dont stop printing and spending, Jims predictions are not out of the realm of possibility.
@debbies6192
@debbies6192 Күн бұрын
I think silver will go up way beyond $100 in value.
@themainsourceofpain2189
@themainsourceofpain2189 Күн бұрын
I feel like if all of our elected leaders for the past 40 years had had J.R.’s mind and perspective, any problem we might have in the current year would be small and excessively manageable. Barely even a problem at all. But here we are.
@maxvivendi8111
@maxvivendi8111 2 күн бұрын
It doesn,t make sense to express the price of AU in $ if you don,t know the price of a Big Mac at that moment.
@Amorhoo
@Amorhoo Күн бұрын
when was it recorded?
@leszeka7675
@leszeka7675 8 сағат бұрын
If panels with a capacity of 400 GW are already produced annually, that is 400 million kW of panels, and each has 0.5 kW and 1 ounce of silver, so 800 million ounces of silver are used annually for the production of PV alone, and two or three times more are planned? with silver mining of about 800 million ounces annually?
@megret1808
@megret1808 Күн бұрын
In the mid 1950s Taiwan didn’t have the ability to shape a bamboo stick into a carnival cane. The bamboo was shipped to Japan to be formed. In the mid 1980s Taiwan didn’t have the ability to make a computer hard drive. Change happens faster than most are prepared for
@Theoldman62
@Theoldman62 Күн бұрын
Excellent interview
@robertsattler8201
@robertsattler8201 13 сағат бұрын
So clear maths: 40% of M1 should correspondend to the amount of gold the country has. Suppose US, although still with a big market, but is no more the dominant economical power. Consequentially this calculation should be done for China, Russia, India and other important market weights, to get to a borader based, global value of AU!
@user-hm5zb1qn6g
@user-hm5zb1qn6g Күн бұрын
I love the Fallacy of Composition analogy. Esp since it drives me crazy that people stand up at games as if it will help their view.
@sizuoka2005
@sizuoka2005 16 сағат бұрын
川普要比特幣本位.用比特幣還國債.比特幣總值大於美國國債吧. 不過就是比特幣持有者被割韭菜.美國會拿一大堆美國爛印的鈔票. 當成同等價值補給你.發財了.比特幣被美國控制後.愛加幾個0就加幾個0連印鈔成本都省了. 原本1oz10萬美金的黃金漲幅.都跑到比特幣那裏去了.當全世界政府知道美國又亂搞之後 黃金才有機會漲不停 美國不會讓黃金大漲.來抵銷美國債務..美國真實的黃金儲備可能在3000噸.早不是50年前的8133噸 一旦美國讓黃金大漲.持有最多的黃金敵對國家.俄羅斯中國中東.就會發大財
@middleearthltd
@middleearthltd 2 күн бұрын
It is possible but not probable to address the click-bait If and when there is a monetary reset, and gold is a part of the solution, it could be $50k or more, as a fiat dollar is worth less than one percent of what gold was worth on a gold standard before there was inflation in the early 20th century As far as his comments on the economy he was just being factual All of prognosticators are exuberant one way or another as a general matter
@matefarac7297
@matefarac7297 Күн бұрын
Check the company Stillwater Critical Minerals. Its market cap is 25million with an In-Situ value of 8 billion. No insider selling. The company with the highest upside I have seen yet.
@ClearVista
@ClearVista Күн бұрын
Notice how all these videos about gold going to the moon only seem to come out when gold is tanking?
@LeviRobinson270
@LeviRobinson270 Күн бұрын
From $27K to $105K in profits, and the journey Continues! With my success, I've secured a beautiful home and can now provide for my family like never before.
@AlexJames893
@AlexJames893 Күн бұрын
Assets that can make one successful in life
@AlexJames893
@AlexJames893 Күн бұрын
I. Forex 2.Stocks 3.Shares
@AlexJames893
@AlexJames893 Күн бұрын
forex is profitable and lucrative investment online
@MAS_M2
@MAS_M2 Күн бұрын
​@@AlexJames893You are right.
@MAS_M2
@MAS_M2 Күн бұрын
But I don't know why people remain poor due to ignorance
@balasrinivasan5844
@balasrinivasan5844 Күн бұрын
In order for that to happen currency like Euros , US dollars, pounds, yen should be falling down to unimaginable value and BRICS value to short up
@miguelarivera
@miguelarivera Күн бұрын
OK, let me get this straight world debt is at $315T and there’s only 1.9B ounces of gold in the world, so to cover world debt, the price of gold NEEDS to be north of $165k per ounce, hello!
@stevepiccinnin1157
@stevepiccinnin1157 2 күн бұрын
Love Jim, great interview
@silver-en7kl
@silver-en7kl Күн бұрын
Try $23 gold because that’s where it’s heading.
@briankoontz9711
@briankoontz9711 2 күн бұрын
Jesse, it would be great if you could tomshort takes on free speech, small military for defense etc. Great interview.
@davebellamy4867
@davebellamy4867 2 күн бұрын
23000 gold says the dude who said that Big Mike would be president in 2024.
@deborahilyia1125
@deborahilyia1125 2 күн бұрын
Jim Richard’s has never given me anything more than word salad!
@gavigaviman
@gavigaviman 2 күн бұрын
eat it up than
@jakelemay7913
@jakelemay7913 2 күн бұрын
he called the recent US election 100 percent.
@DivinaAncelet-i7p
@DivinaAncelet-i7p 2 күн бұрын
First time i learned from Jim (and Bill) about metals as enduring currencies that compelled me to start buying, in the midst of “poverty” -- gold was 800 aud per Troy ounce. Today it’s 4050 (4300 a few days back). In between - it went up and down. Sat on it all these years, kept buying when down. Ever more so, silver. Right now conditions are proving what he and bill haven saying for decades. BRICS nations central banks are buying in shiploads as reserve. Russia has starting to add silver too / not fond by any nation before.
@dennistupper8262
@dennistupper8262 43 минут бұрын
So are you buying 10 year T bills now selling for 4.6 Yield ? I dont think so...
@socalsilver6397
@socalsilver6397 Күн бұрын
Gotta play this interview at 1/2 speed.. Fast talking jive… jk Good stuff
@tonyfanto9743
@tonyfanto9743 Күн бұрын
What this guy is getting wrong in his price guess is this: gold silver are going nowhere until the massive short position is gone. No where! The riggers need to be jailed.
@malmunro5711
@malmunro5711 2 күн бұрын
I remember a interview when he said gold would be 14k by the end of 2024
@Jesusdisciples27
@Jesusdisciples27 Күн бұрын
I guess for those that took his advice are still up right now 😊
@delmonicofarquhar9893
@delmonicofarquhar9893 Күн бұрын
We should always remember that the goal of our bank-led economy isn't to rescind the laws of economics but only to drive their economic impact as far down the economic hierarchy as possible. That's why, in the U.S., the rich always get richer and the poor always get poorer. Currently, the western bank collective has put enough pressure on China to force a major currency devaluation, making western world currencies stronger. But western world economies are collapsing like China, too, but, since the banks in that collective, especially the U.S., will see greater relative currency strength, they can lend their currencies at maximum multiplier effect to bolster their own economies. That lending will indeed be inflationary, but with that stimulus in the western economies helping create credit and saving companies that would otherwise collapse, the deflationary collapse is again postponed. This is why interest rates will have to come down-- to not discourage borrowing. The dollars created by that borrowing, along with business sustained, will keep companies and people afloat, as truly marginal businesses go under and people, under continued price pressure, too, stay under pressure. But technically the inflation will already be baked into the pie, reinforced from top to bottom by the multiplier effect and the velocity of money. This process is a form of economic warfare against China, yes, but it is also, for all intents and purposes, the "new normal" as long as that warfare persists. How, then, does one get ahead? The old-fashioned way-- by spending and consuming less and by holding on to gold and silver for the long haul. GLTA.
@julieta203
@julieta203 2 күн бұрын
think they mean 2300
@jptrainor
@jptrainor Күн бұрын
Big guest. Making the rounds selling his new book. But still, big guest.
@janluse459
@janluse459 2 күн бұрын
Did you consider the gold held by the public in your 23k value for gold.
@MyNameIsINTERSTITIAL
@MyNameIsINTERSTITIAL 2 күн бұрын
So "inversion" means crossing the line. Opposite means recrossing said line. Like DNA.
@anonymousAJ
@anonymousAJ Күн бұрын
Just imagine how poor USA would be if the Chinese sent goods completely for free!
@dassa0069
@dassa0069 2 күн бұрын
How high did Pirre lassonde say the price of gold would go? Pierre Lassonde, the chair emeritus of Franco-Nevada Mining, has made some bold predictions about the price of gold. He has suggested that gold could potentially reach $20,000 to $25,000 per ounce under certain economic conditions. Lassonde bases his predictions on historical trends and the potential for gold to act as a hedge against inflation and economic instability3. It's an ambitious forecast, but it highlights his long-term bullish outlook on gold. Do you think gold will reach those levels, or do you have a different perspective?
@dennistupper8262
@dennistupper8262 48 минут бұрын
James , Serious question ? What kind of Weed are you smoking to get this $23000 gold price ? And whats your time frame ? Before or after all of us are Dead ?
@djcy2047
@djcy2047 2 күн бұрын
I agree with Jim, but disagree with the price. Lets face it, Bitcoin is the model of the gold price, once that goes, it will be the future price for gold.
@libertyhart3273
@libertyhart3273 2 күн бұрын
Bitcoin and gold have nothing in common. Bitcoin is a worthless speculative asset
@petruflorintofoleanu5865
@petruflorintofoleanu5865 2 күн бұрын
BITCOIN HAS NO VALUE 0
@LayneRose-gr1hq
@LayneRose-gr1hq Күн бұрын
Might head to 106:1 (gold/btc)
@robertberger7244
@robertberger7244 Күн бұрын
We will not have $20,000 Gold. The US Dollar will drop in value with printing of Dollars. However, $5,000 to $7,000 gold is possible in the next 8 or 10 years. Bitcoin is a wild card that will probably rise much faster.As well as certain other Cryptocurrencies.
@n0n3able
@n0n3able Күн бұрын
bitcoin and any other crypto will face the sad reality with the quantum computing deployed at scale for the end user.
@Lexman00
@Lexman00 Күн бұрын
Didn't the "American System" lead to the monopolies coming to power, because the government was giving them special, protectionist type of domestic privileges? Let's keep it real here, Jim.
@charlesdunbar1211
@charlesdunbar1211 2 күн бұрын
Crypto, easy up easy down. Fraud.
@villhelm
@villhelm 2 күн бұрын
Spoken truly like someone who knows absolutely nothing about the subject.
@petruflorintofoleanu5865
@petruflorintofoleanu5865 2 күн бұрын
CRYPTO ETH BITCOIN IS JUST ANOTHER PONZI SCHEME FOR DONATIONS STAY AWAY FROM GAMBLING 🎰
@petruflorintofoleanu5865
@petruflorintofoleanu5865 2 күн бұрын
​@@villhelmCRYPTO HAS NO VALUE 0 GAMBLING 🎰 LAS VEGAS
@deez771
@deez771 2 күн бұрын
@@villhelmare holders using their Bitcoin to purchase or must they convert it to dollars first?
@albertwaltherr9929
@albertwaltherr9929 2 күн бұрын
Cryptos are a Ponzi Game
@dennistupper8262
@dennistupper8262 42 минут бұрын
Credit is going to DRY UP As so many banks get Clobbered which will make interest rates go higher. Much higher.
@stevesilva5132
@stevesilva5132 2 күн бұрын
In whose lifetime?
@joshuajackson3736
@joshuajackson3736 2 күн бұрын
That sounds like a dark pool
@davesubers3415
@davesubers3415 2 күн бұрын
And yet it keeps going down but ant minute $50,000 per oz
@alexaikens6482
@alexaikens6482 Күн бұрын
HB1 visa jobs are being hired in the private sector even though they have Americans that are qualified for the job but give to a foreign person instead
@jerryantonies5334
@jerryantonies5334 Күн бұрын
Nobody can predict the future. Guessing and sounding intelligent helps but take it with a grain of salt.
@markusfrey4256
@markusfrey4256 2 күн бұрын
...too much words for almost nothing.
@jmurr6583
@jmurr6583 2 сағат бұрын
Jim's thoughts on silver were unspecific and unsophisticated. sorry. 100 to 1 ratio is unlikely when gold reaches 10,000. By then if current trends continue silver will be hard to find yet still in high demmand from industry. Consumption from solar industries in China and India alone speaks for 90% coming out of the mines. Russia and other countrys are adding silver to there monetary reserves. And then there is the Military demmand, the amount is secret but it is rumored to rival solar industry. We will soon run out of silver and new mines are 10 years min from production. The ratio will most certainly reduce. And then there is Trump draining the swamp, surely the criminal bankers will have to go along with the market rigging they have been doing for 70+ years.
@Noallegiance
@Noallegiance Күн бұрын
Tariffs on a 160m market vs China building and selling to their own 600m market.
@kirkheisey2597
@kirkheisey2597 Күн бұрын
COME ON MAN! NO 8100 TONS JIMMY BOY
@marsliberty
@marsliberty 21 сағат бұрын
Has been almost 10year calling for 10k/20k... Same stuff, same clickbait highlines, same loop contents... Sick and tired, this is not information, just pleasurable entertainment. Gold at 23k imply unrest and blood on the streets, we won't go there
@brianponcelet3529
@brianponcelet3529 Күн бұрын
Here we go again. Lots of predictions. Here is a prediction he made four years ago. Jim also predicts a depression ahead that will have intergenerational effects: “We will not recover 2019 levels of output until 2023, we will not recover 2019 low levels of unemployment until 2025”
@johnsusko4807
@johnsusko4807 2 күн бұрын
$23,000 gold?😂😅😅😅
@jorgeargudo3774
@jorgeargudo3774 33 минут бұрын
Gold should be a one to one ratio with the Dow Jones, $ 44K. Why is Bitcoin at $80K...the next cyberattack on the all banks, will have Bitcoin at Zero.
@jimmillward3505
@jimmillward3505 2 күн бұрын
why does jim spout this 23.000 dollar and ounce for gold garbage when he knows damned well that the fiat currency is never ever going back to a gold backed issuance. especially at 40%. He just uses this erroneous prediction as clickbait.
@anonymousAJ
@anonymousAJ Күн бұрын
Frankenstein's monster is AI? Is he aware that it's fiction? And the monster's brain is supposed to be human
@canceledmisfits
@canceledmisfits 2 күн бұрын
gold just bled out almost 300 bucks in a couple weeks. chill out
@gavigaviman
@gavigaviman 2 күн бұрын
so what... it makes perfect sense it went down
@Ariwakikilla
@Ariwakikilla 2 күн бұрын
@@gavigaviman corrections V
@96BxelA
@96BxelA 2 күн бұрын
Look, overall great podcast but, we quibble over terms.. The trick here is age, the older the better providing, you’re in possession of All faculties..? = Life Experience and History, if we can learn from it..? Coming back to the point of quibbling over terms.. Today, given the manipulation of statistical data etc for perhaps 100 years or more, we can only arrive at one conclusion.. When we say recession they really mean depression. That’s where we are.. Stagflation in the shorter term very much on the horizon and then.. When one frames this in this manner, the rapid rise of precious metals is easy to understand. We haven’t really started yet. Hard Assets - Insurance first and foremost. Preserve your purchasing power and wealth. The beauty here this time is the speculative aspect..It’s unique because it’s global for the first time. Get ahead of the wave. Digital currency is a trap for the average person. Good Luck 🏄‍♂️
@jeffsurfanderson
@jeffsurfanderson 2 күн бұрын
Why would you only want 40% backing why wouldn't you make it 100% backing pay off all the debts and deficits of the United States how to reset the monetary system. But then the complaint would be well then you would use up all your gold well then double the price use up half your gold keep the other half and start mining it again
@concernedcitizen6326
@concernedcitizen6326 2 күн бұрын
Currency is saved by trump. Gold looks good at 900. Just a random number. Only so many teeth to fit with gold
@leiferiksson1785
@leiferiksson1785 2 күн бұрын
No answer about silver, strange.
@Ariwakikilla
@Ariwakikilla 2 күн бұрын
make sense
@danylong2286
@danylong2286 Күн бұрын
5000 i believe but 23000😅
@Muki-b2r
@Muki-b2r Күн бұрын
Two sides of the same burp !
@cassavamellin
@cassavamellin 2 күн бұрын
it would be more believable saying 8 grand or something. i dom think both will eventually go up and we may be in a reser in prices. the US has little choice but to lower rates with trillion dollar interest payment and an unwanted stronger dollar.Trump hired some weak dollar guys and Fed cowered in 2018
@luke-mc9dt
@luke-mc9dt 2 күн бұрын
Bubble is easy to spot, bs,, is bitcoin a bubble, now ?
@Eric-is1jt
@Eric-is1jt 2 күн бұрын
So what are you saying Jim? We 're already bankrupt & in a recession or worse a depression but don't fully know it yet but will once nobody can get money out of bank or gas goes to 10 $'s a gallon overnite. It'spossible ,hope it doesn't happen that soon!😅😮
@patriceh-tissier6425
@patriceh-tissier6425 Күн бұрын
Bitcoin, stop put money on it and it will desepear 😂 pyramidal crime that all😂 good luck , don,t forget the electricity bill as well😂
@SkipRawls
@SkipRawls 2 күн бұрын
100% backing and we own the earth
@paulgame7098
@paulgame7098 2 күн бұрын
Sorry can't watch today. Jim has been getting everything wrong the last few years CPI etc
@ejbh3160
@ejbh3160 2 сағат бұрын
His climate opinion shows him up as a misinfo merch every time
@dennistupper8262
@dennistupper8262 37 минут бұрын
So Please by all Means Show your 5th grade math James... Nothing interesting about this . Clown Interview. How about SHOWING YOUR MATH Based on what you said is the Money supply.. You cant can you because you have ZERO CLUE... UN REAL.. Still trying to pretend like all these So called Gurus..
@garyseven3528
@garyseven3528 2 күн бұрын
Gold won't, but Bitcoin will hit 100k soon.
@kansascrude5611
@kansascrude5611 2 күн бұрын
LMAO the suckers getting conned into SHITCOIN will face reality soon enough, They are about out of new suckers to keep the Ponzi scam going. Get out before you lose it all.....only SUCKERS are still in the queue.
@richeeee6669
@richeeee6669 2 күн бұрын
Of course. There's so much pollution in this world and have you seen how people drive these days.
@albertwaltherr9929
@albertwaltherr9929 2 күн бұрын
I agree with you. Is the madness or the PONZI game
@TCISEOSOLUTIONS
@TCISEOSOLUTIONS 2 күн бұрын
Ai is a joke so is the gab
@user-om3bc6iy2c
@user-om3bc6iy2c Күн бұрын
Scientifically stupid
@danzwiren1492
@danzwiren1492 2 күн бұрын
your headlines are a joke.
@ILLUMINATOR49
@ILLUMINATOR49 2 күн бұрын
👍🙏🖖
@briankoontz9711
@briankoontz9711 2 күн бұрын
Gold is not going higher. The dollar is heading lower and that makes gold appear to rise in value. The current gold market consolidation is very normal. The rise in Bitcoin is because Tether has been buying up Treasuries and this is an associated inflating of values. That has placed gold on the side burner as momentum has shifted to cryptos. Watch for major purchases and delivery taken of physical metals.
@johnhamlett8414
@johnhamlett8414 2 күн бұрын
Love gold, but when gold gets to $23,000 a dozen eggs will cost $50.
@royshaft
@royshaft Күн бұрын
And i will be able to afford eggs ! Why are you concerned about the sheep ? Have Gold , don’t be a sheep.
@johnhamlett8414
@johnhamlett8414 Күн бұрын
@@royshaft Oh, if gold is the measure of not being a sheep I'm most definitely not a sheep. Guess I'd be concerned about the sheep's wellbeing, I'll be fine.
@royshaft
@royshaft Күн бұрын
@@johnhamlett8414 They will be rather annoyed with you , and will covert your shiny and harm you to possess it .
@trevordowney6425
@trevordowney6425 2 күн бұрын
$10K Gold spells $100 Silver??? Done listening. He's insane.
@Bob-kl3es
@Bob-kl3es 6 сағат бұрын
Your joking . Right?
@trevordowney6425
@trevordowney6425 4 сағат бұрын
@@Bob-kl3es $10K Gold is $250 Silver. There. Better?
@Bob-kl3es
@Bob-kl3es 2 сағат бұрын
@@trevordowney6425 Better. But what's more important is the value of gold. Likely 2 OZ will buy the Dow.
@paulscottfilms
@paulscottfilms 2 күн бұрын
Does anyone listen to the rinse-and-repeat rinse-and-repeat Jim Rickards anymore. It is a shame to put junk on your channel Commodity Culture Yes OK Jim gold probably could get to $23,000 for your Grandson, maybe.
@RajivPanjeet
@RajivPanjeet 2 күн бұрын
he predicted exactly 312 EC votes for Trump, smart guy
@donbrenton307
@donbrenton307 2 күн бұрын
You’re here so there’s that.
@energyfitness5116
@energyfitness5116 2 күн бұрын
Jim's job is to entertain you. Good to know.
@Hooch737
@Hooch737 2 күн бұрын
CIA and the Army War College does. Way smarter than me. I learn something every time. Maybe I need to hear it more than once😝
@christinanapolitano6837
@christinanapolitano6837 2 күн бұрын
I’m guessing you’re not smart enough to understand what he’s saying and read between the lines Good luck to you
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