This Ratio Is ‘Screaming’ Sell Gold & Buy This Commodity Instead

This ratio is "screaming" sell gold and buy this metal instead, says Larry McDonald, Founder of The Bear Traps Report and New York Times bestselling author of 'How to Listen When Markets Speak' and 'Colossal Failure of Common Sense.' McDonald tells Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, why platinum is a better play. McDonald also explores the coming commodity bull market, sharing his price outlooks for gold, silver, and platinum.
Did you like this clip? Watch the full interview here: • Fed to Raise Its 2% In...
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Follow Michelle Makori on X: @MichelleMakori ( / michellemakori )
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Follow Larry McDonald on X: @Convertbond ( / convertbond )
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[@kitco]

Liked this excerpt? Watch Larry McDonald's full interview here: kzbin.info/www/bejne/iHrYeqGHjbZ-oJI

[@CharleyHull-dn6nh]

5% annual return is easily thrown out there for illustrative purposes, but not so easy to achieve! Where do i put $500k cash reserve to keep cash safe for next 4 years? My concern is insolvency

[@BradPaisley56]

I think you're better off with majority investment in S&P500 and uprising equities in view of retirement cos they always outperform. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire

[@WilliamsTyler5]

Sincerely it's best to seek an advisor right now, unless you're canny yourself. As an eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money.

[@EstefaniaWalter66]

I have not written this sort of comment before but from the your comment, I knew that you have good understanding of investing, How can one reach this advisor of yours?

[@EstefaniaWalter66]

My advisor is a lady and goes by the name Melissa Jean Talingdan I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

[@WilliamsTyler5]

My advisor is a lady and goes by the name Melissa Jean Talingdan I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

[@mschroed99]

I'm not selling GOLD

[@watchful.]

Me either, I keep them both.

[@inflationmillionaire-df3mn]

me neither. they always talk about selling silver and trading it for gold and im like where will this gold come from?

[@harryzero1566]

Nor me, I bought my gold because its beautiful, iv bought significant amounts of platinum on 3 occasions only to move it on at a modest margin to buy gold. If you don't know of anyone who will buy your platinum a dealer will not give you a good deal when it comes to sell. Also, platinum in coin form, is real very special, and it's very likely the last precious metal you'll likely part with, so you're kids get it and they won't appreciate it. However if my contacts needed my duplicate gold I could do a reverse deal for a few nice examples of britannias and Queens Beasts at the current platinum to gold ratio of about 2.5 - 1

[@heartoftexas8092]

If anything trade silver for gold when it hits 40 -50 to 1.

[@harryzero1566]

@@heartoftexas8092 I would agree, however, My personal opinion is that ratio margin is unlikely, therefore a 60 - 1 STG ratio should be the trigger. Gold is going to be the preserve of central banks, so the price for individual's affordability may become a barrier. It's worth remembering that that nominal price of gold can be anything central banks want it to be, most individuals are either spent out or already highly leveraged.

[@StealthyNomadica]

If you are holding physical gold, you would be crazy to sell it.

[@GoldKingsMan]

True.

[@elements4192]

Silver is already over 32 🎉

[@charlesfuchs]

I know huh lol

[@jasonlabrecque9908]

This guy smokes crack

[@johnmorgan9731]

Right more like 35-40

[@jmoliver]

They must have taken awhile to upload this.

[@photopro100]

Right, silver trended above 32 already. Can’t go wrong with his end of year price.

[@TonyL-gw4qx]

Complete nonsense about selling your gold!!!

[@harryzero1566]

Stupid header,

[@ChadAndersen-qc4kf]

Don't sell your gold 🪙 wait

[@ChadAndersen-qc4kf]

Poor man's gold 🪙 is silver

[@MrBluegrassfiddler]

Not complete nonsense. If you don't understand when something is ripe for a trade, then you understand very little.

[@harryzero1566]

@@MrBluegrassfiddler maybe a basic principle yes, But regarding these specific circumstances, no! Buying gold in the current climate should be an exchange of devaluing fiat currency for an asset of intrinsic value. Swapping in and out of assets is like treating said assets like a hot potato, similar to Derivatives or crypto.

[@scottishism]

If you don't have it in your own possession, you don't own it. The system is corrupt, and there is at least 10 times amount of paper silver as opposed to actual silver. Get it in your own possession.

[@haroldcromack1065]

You are absolutely right 👍🇺🇸

[@syrentertainment135]

Facts!

[@aFreeman0409]

No way should anyone be in a 40/40/20 structure. THE STOCK MARKET IS GOING DOWN. R/E IS GOING DOWN. Commodities are the place to be. Period.

[@MrBluegrassfiddler]

A few put options on the DOW is a potential screamer deal, leaps put options

[@WTU208]

Last time a girl blinked that much at me I fell down the stairs.

[@TK.000]

😂

[@stormforge68]

Roflmao! Michelle has the hots for you for sure! 😝😆👍

[@Med-legend]

😅😅

[@queserasera1674]

Robot

[@daussamp8054]

Looks like Morse Code

[@thefireman2854]

"the most conservative way to own silver is SLV." Uhhhh....wrong bucko! Most conservative is to own physical, with no counter party risk.

[@syrentertainment135]

It’s the BUCKO for me 😂😂😂😂😂

[@thefireman2854]

@@syrentertainment135 😎😁

[@ditoone2946]

$30-$32 by EOY.. shows why these "experts" really just get paid to guess.. $30-$32 is now lol

[@EmanuelAmbriz-ml4nk]

Historically speaking Bitcoin doesnt do much immediately after the halving - but it does do impressive spikes and tops out around 18 or so months afterwards. No one can time the market, but I'd say it's worth considering entering a position at current prices and if further dips occur, just add to your position. Over the long run, there is a higher probability to the upside than the downside, .It's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.4Bitcoin to a decent 18Bitcoin in the space of a few months... I'm especially grateful to Kerrie Farrell, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape....

[@JasonGavino-dj6ze]

As a beginner, it's essential for you to have a mentor to keep you accountable..

[@swayhulio]

I've just looked up her full name on my browser and found her webpage without sweat, very much appreciate this..

[@PatchettStalls]

The fact that i got to learn and earn from her program is everything to me think about it, it's a win win for both ways...

[@KellarHalen]

I agree with you and i believe that the secret to financial stability is having the right investment ideas to enable you earn more..

[@BanwarilalKumawat-ij6tp]

Nice, I was just holding before I found Kerrie. In my opinion she is the very best out there...

[@georgeschlereth4974]

Keep buying gold it's undervalued

[@Notaslave1961]

Makori is pure gold!

[@declancooney1029]

Naw ! A diamond dude 💠💠💠she sparkles sir !!!😘😘😘

[@KoDeMondo]

​@@declancooney1029diamond.. She AMAZING ❤❤

[@MrBluegrassfiddler]

She is a good listener.

[@thylacine1004]

No,she's a nuclear sex bomb....

[@riks009]

This clip is taken from an interview on 10th May ... the news is not current at the date shown for the video. The timing is important if the information is supposed to be useful ... Kitco, please make the date of the interview clear!

[@user-qf5ph5hl8z]

Stock market took me out in 08 . Never again . I’m 100% gold silver platinum physical and cash.

[@emiibbb]

Been stalking gold and silver from 2017. NEVER SELL!

[@alphathefirstone1222]

smart move !!

[@ethereal369]

Stack it too!! 😂

[@trevorwhat]

Unless you’re desperate, selling gold in 2024 couldn’t be dumber. imo

[@kajjebre]

Save gold .... BRICS only values Gold...and its growing FAST

[@Rambo88568]

Both are going to continue to rise. Dont know about selling one for the other, but rather work on accumulating more of each.

[@heartoftexas8092]

Even a quickie with Michelle is great.

[@E_incognito]

I prefer a longie

[@heartoftexas8092]

@@E_incognito we all do.

[@psy-op]

​@@E_incognitoSo does she 😂

[@harryzero1566]

Not for me, a long weekend of spoiling her, wining and dining......... etc.

[@zsoltthebolt]

😂😂😂 that's GOLD @heartoftexas8092

[@mschroed99]

You do know there is a difference between GLD and Gold!

[@cjoe1950]

He doesnt

[@MooseBme]

!(: One is paper and one is REAL ;)!

[@lrr5425]

The O

[@jeffmiller9798]

​@@lrr5425 Lol

[@johnmurdoch6696]

So people whining about selling gold.... I sold gold and silver in 2020, made 30K I sold gold and silver last friday made 20K plus the 17K I made earlier this year. Yup, in 2020, waited for gold and silver to go back down bought more. Hopefully get a chance to do it again. I havent sold everything still have a few ounces of gold and over 1000 ounces of silver, I'm going to wait long enough to turn that 1000 ounces into 5000 (sold 3000). It's simple folks, Buy low sell high, and PATIENCE simple. I sold 23 ounces of gold. Hoping to get 30 when I buy back. Oh and the cash is sitting in a (currently) 5% high yield savings. Man if I could live to 100, I'd be filthy rich in my filthy diapers. Wishing you all good fortune, however you trade!

[@pilotguy5075]

It’s good to start off small….get that right and move onto bigger trades.

[@raymondmixon2378]

😹

[@gwills9337]

He doesn’t seem bullish enough! We’re already past his ‘24 target 🎉

[@habgeVRL]

Who is this guy?! Physical silver is $32 right now! He is teling us that it won't move a step up for the rest of the year?

[@awareawakemovement6509]

He a 🤡

[@Handle_number_7]

Probably recorded before the price surge.

[@cjoe1950]

this guy is living in a backward timeline

[@michaelgusovsky]

@habgeVRL get a clue. if you bothered to read the video description, you'd know the full video is from 11 days ago, so it was recorded before then. 11 days ago, the price had dipped into the $27 range.

[@photopro100]

Easy prediction!

[@bruce5895]

The real shortage now is Copper, countries are scrambling to get their share before its gone, if you have no Copper you have no electricity and nobody is talking about it.

[@jeffreydechristopher6536]

Aluminum can be used in place of copper

[@bruce5895]

@@jeffreydechristopher6536 yes it can and was used in the 60's but the demand now is for copper wiring not aluminum

[@deniseclaeys8295]

Tin is also needed to solder all those electronics.

[@bruce5895]

@@deniseclaeys8295 very good and lead and silver as well.

[@StevenMartin8000]

Great update! Lots of content lately. Some of us are actually pulling gold from the ground with our own hands, this information is just as valuable.

[@magnanova]

He said SLV is conservative 😂 SLV is just paper, you don't actually own metal - read the prospectus, they can deliver just USD. Buy PSLV or physical allocated/segregated.

[@AndrewJackson-lp2ee]

Hallelujah!!! ❤️ I'm ❤️ the ❤️ favorite, ❤️ $60,000 ❤️ every ❤️ week! ❤️ Now ❤️ I ❤️ can ❤️ afford ❤️ anything ❤️ and ❤️ also ❤️ support ❤️ the ❤️ work ❤️ of ❤️ God ❤️ and ❤️ the ❤️ church.

[@ANDREZ509]

Oh really? Tell us more! Always interested in hearing stories of successes.

[@AndrewJackson-lp2ee]

After raising up to 60k trading with her, I bought a new house and car here in the US and also paid for my son's (Oscar) surgery. Glory to God.shalom.

[@AndrewJackson-lp2ee]

I will leave your information below this comment.

[@AndrewJackson-lp2ee]

美国🇺🇸┼𝟏6095929290👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻┼❤️❤️ 人人人人人人入ኢደርኡሰሀተተ ይሰጣ

[@Joshuamorris256]

I want to know how to do this.

[@superstar5123]

thank you for reporting on gold and silver

[@BlueWaterSTAX]

I ❤️🥈 Thanks Kitco

[@viennaweiss8470]

So many people are talking about silver being a good alternative to gold purchasing, but take into account the tax (VAT) on silver purchases versus gold (in most countries, absolutely tax free). My gold has climbed by 20% in the short time I have had it, and I will not be paying any taxes on it (even when I purchased it) when I go to sell, but... silver hits you with a VAT when you go to buy it (in Europe), at 19%. Gold, it's more stable, it's tax-free. When the industrial need for silver falls due to economic turmoil people will find that they should have not jumped on the bandwagon so completely.

[@EricaWaters-lr6zw]

Investing in gold and silver seems like a good move, especially with the current market uncertainty.

[@AshleyKeith-vw7ws]

Absolutely, gold has always been a safe haven asset in times of economic turbulence.

[@TheKlaus3001]

I never ever sell my gold. I pass it to my children in 40 years.

[@candynewman4267]

Don’t think he was talking physical gold

[@ciarancoyne9104]

Thanks a mill🙏🏻

[@MrFargo1001]

Silver is $32 already. This guys behind the curve.

[@hugohabicht9957]

Was. So he ahead of the curve

[@gimmeshelter1969]

As has been the case for months now on Sunday evenings and well into the wee hours of Monday morning that Asian market (led by China) bid the spot price of gold dramatically higher; then when the American exchanges open we see an equally dramatic fall in the spot price. This happens on a regular basis now and today was no exception; gold was as high as $2454 but plunged immediately on the open of the American exchange and currently is falling again at $2423. No plausible explanation is ever offered by the business press for the big declines in gold every time the U.S. market opens. 😑

[@ozwiz7]

Same for the LBMA, both run by criminals.

[@KhairulAlam-se3mx]

Great info buddy, do you think a coin like Fourprime token could move in a similar direction to Aero?

[@charlesfuchs]

Silver already at 32 lol

[@1911olympic]

No way! Gold is only beginning its ascend.

[@Kanoee64]

Where does one buy a "paper" wallet? And how do you buy stock or coins and put them on your wallet? Any vids that can teach you how to do it?

[@Lolmaro.]

I'm actually BUYING GOLD, HELL YEAH BROTHER

[@monicamarino2122]

Interesting how you kept saying by ETFs , Etc. paper , personally, I think, having the real thing in your hand so much better than a piece of paper , as far as gold when the dollar collapses gold is going to be your money , and Silver , to barter with and as far as the platinum, it comes from Russia Russia is putting a pinch on it because of the war , it cost $17-$18 to run an electric vehicle per mile. It’s not a clean green energy like they keep insisting. , Hydrogen is not just for heavy equipment for every Vehicle , we have plenty of salt water it would not hurt the ocean to use it for hydrogen .

[@thetwotravelers546]

The man holds no gold or silver, but has lots of paper to sell us.

[@daussamp8054]

Roger that

[@gprae]

Hydrogen is produced from ultrapure water, expensive to produce. It takes as much energy to produce it as is available from it. Then add the cost of compressing it to 10,000 PSI. The stored energy density is 4X less than that of gasoline as well. A hard sell in the transportation world for sure.

[@Armour-of-God.]

If you sell gold for anything you're a fool. HODL

[@thenoshow]

But how does this gold and bitcoin rise suddenly it means there is Businessmen gang and groups working in background and run the world on their terms. This is highly risky and dangerous for people like us who have no power at all to move mountain.

[@ahmedelshafey7602]

you are right sir, once everybody is comfortable with gold, feel worry, and also, it hits a major fib extension.

[@ontario1727]

Buy Physical silver & gold and forget the BS wall st paper

[@kelvintan2471]

Just dump all paper assets and buy gold, silver, top quality rare precious stones such as Tsavorites, Spinels, Rubies, Sapphires and Emeralds. Buy some Burgundy wines too. Just don't keep too much cash or paper assets. They'll all burn up soon. Very soon.

[@tesscot]

Good tip.

[@ronaldhart6924]

kit I is spot on!

[@luciferdevil4725]

No buy only gold and silver dont sell it

[@michaelh7623]

Never heard of this guy, but he has great insights. More from him please...

[@narendrarana5480]

I got in Fourprime token as well! Huge play, looking forward to the rest on this bull run!

[@gprae]

The Brics, currently are matching the GDP of the western nations. The anticipated new members will add to the GDP total and soon outstrip the GDP of the western nations. The Brics are not planning on a Hydrogen fueled future as they are maintaining oil, gas, coal and nuclear as the mainstay energy sources. The mainstay energy sources are lower in cost to produce and have higher operating efficiencies than the alternate "green" energy sources. This fact will force the western nations to stay with the traditional sources of energy supply to compete in the global market of goods and services in general. This is the marketing trend that should be considered in the financial world.

[@chadwick634]

$30-32 by the end of 24? Extremely conservative projection amigo

[@simonlaw9234]

Oh dear.

[@haroldcromack1065]

Gold is the way to go don't sell🥇

[@user-ul8eu1jp2q]

Guy makes sense regarding shifting markets. I'm sitting on my stack and watching oil, gas, and lng along with pipelines.

[@waynefaulkner2180]

Canada is in the # 4 spot for holding US Bonds, 330 Billion $. Should Canada sell the US Bonds and buy gold? 330 Billion $ = 4100 tonnes of gold. Remember: World Money = Gold 💰, Gold = Tier 1 asset.

[@anwarnayani5849]

Canada 🇨🇦 sold there’s gold cheap 10 - 12 years ago and same dumb mistake England 🏴󠁧󠁢󠁥󠁮󠁧󠁿 did while back so sad 😭 and so sorry 😢 for that action

[@wm.scottpappert9869]

not a financial analyst but those following the materials and energy markets see a trend away from full electric to hybrid ... the opposite direction .. as a result of materials costs, lack of mining and environmental opposition to opening new mines in Western nations, increasing number of unsold full EVs sitting on lots and cost of competition with cheaper Chinese hybrid/EV vehicles, energy costs in full EV construction. Hybrids will eventually be settled on by the environmental community as a compromise from the insanity of eco destruction and cost of mineral mining for full EVs ... but following the EV/hybrid debate will tip investors into the Cu, Ti Mg Al and other precious and rare earth metal markets esp those mined in China

[@manushobha5844]

Thanks for the update. I bet those Fourprime's token holders aren't too worried about the markets.

[@johnross5909]

Traded all my gold for silver @120 to 1 awhile back. $ cost average is $2.11 an otz. Silver at the time.

[@UraniumEnergyAAA]

I sold my gold & gold stocks I bought a while ago & all-in silver 3 mths ago... quite a phenomenal return to me so far. He's been right so far.........

[@SeanPan-it3jm]

Peace now.

[@elizabethmurray5718]

It's amazing to me that gold and silver are so slow to move when the US is losing its world reserve currency status.

[@BernardPierreDabrowski]

It’s already at $32. Silver

[@user-rg3ou2qr1n]

Gold and silver can only go up,the world economy's are bad and in debt,they are, with large banks ,stacking gold because they know something bad is coming.makori's blinking made me move my eyes up from normal position.

[@bestprice1776]

The charts have been screwing sell gold for like the last 10 years. Gold doesn't even break even with inflation..... Buy Bitcoin

[@thetwotravelers546]

Where did you find this guy

[@yassma977]

I am maybe thinking to sell just 1 ounce if there no capital gains taxes and If gold at 100 000$ otherwise I continue to stack gold 😁🤗

[@TilakRaj-lf8uf]

Been collecting the Fourprime's Token this cycle as that has the right place in this time

[@SinatraSavvy]

I wish I could go back to 2016 and load up on Rhodium at $500/oz. I came very close to buying one ounce on eBay around $575.

[@Handle_number_7]

It was best to sell Gold when the ratio was 90:1. I believe over the next year or two, it'll continue to do relatively well. But personally, I wouldn't sell gold in the 70:1's. Historically, 90:1 doesn't hold for long. Apparently a good choice 😁 I prefer to buy silver between 80 - 90:1, so I hope it gets smashed down again.

[@Justbetru]

So you want to be 40% invested in bonds? Bonds have lost 50% of their value since 2020 and the government is not getting anymore trustworthy. If you listen to people like this guy, you’ll always be losing. We’re in a bond bear market.

[@ethereal369]

Sell your gold? This guy must work for the government...

[@robwulz3493]

I’m 70 metal / 20 short debt / 10 stonks , and the 10% is a worry.

[@ardenbowman6071]

GOLD FOR INSURANCE,NEVER DISSAPEAR

[@Richardson_Mg]

Love the red. Forget gold and silver

[@BarryKing-mc7vq]

🎉😊

[@issenvan1050]

How would silver behave during a recession?

[@ak___king___05]

How is Fourprime's Token better than anything else right now?

[@HouseofTheRisingFunk]

Gold will not drop more than 3 % from here for a good while

[@michaelquayle9548]

Forget about gold and silver the real money is in aluminum and steel wonder why they don't talk about it

[@user-jd5oq9rn8p]

Yeah listen sell your gold cause they want to buy it!!! No thanks!! You can play with the price all you want, we know exactly were gold is heading!! Much, much higher!!

[@foxmulder7616]

Platinum is not a monetary metal.. the US const. Says gold and silver is money, it doesn't mention platinum.

[@tomtharos4440]

Sure. Let’s pump empty promises to get churning in the metals market so people can pay even more premiums. I’m going to pass.

[@M_K_302]

Fourprime's token is gonna be massive

[@Whatishappeningworld]

Don't sell your gold... just buy silver... der...

[@titasdhar4407]

Buy only Gold.

[@laszlobeke7908]

How come I'm not convinced? ... (o:

[@paulawagstaff686]

This was NOT 6 hours ago, morelike weeks ago. DECEPTIVE !!!!!

[@CP59FIT]

the time on here is when it was released on YOutube, NOT when it was recorded. Unless it says LIVE it is pre-recorded and released whenever they fit it in.

[@jeffsurfanderson]

The best Junior minor I've seen that just came out is Rua gold Inc Co. World-class management team in New Zealand gold at the surface drilling results for the best on the planet and the quality of gold is also the best on the planet. At 14 cents a share this one is one to get into. This would be my 20 bagger

[@michaeldelsesto2742]

I miss the days when Michelle would say the word "Transitory"

[@billhollywood3809]

I will never sell my gold or silver

[@JD-lv9vu]

Just own both..🤔

[@SF-ow5ru]

Goodness gracious me..

[@yashgujjar9008]

I’m all in Fourprime's token this is one of the greatest looking coins, base will take over and Aerodrome will be bigger than uniswap one day

[@GoldKingsMan]

He resembles the Russian General guy off Stargate tv show.

[@SS-kw2fl]

When was this recorded? Silver has already exceeded his 2024 forecast.

[@neil03051957]

Sell gold? Now? Mad. Just get silver.

[@jaredhosford7867]

gold going down to 2k