What's Driving Up Gold Prices Despite A Strong US Dollar & Stock Market? | Money Mind | Asset Class

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[@Coreyrob.]

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[@Coreyrob.]

@Annmesser15⭐

[@AnDungMason]

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[@halo7250]

99% of Fiat currencies has failed through out human history, printing to infinity just accelerates a currency demise…

[@Anthony.Ong.2023]

Hi , Why no one stop the infinity printing ?

[@retrodripsupport7510]

@@Anthony.Ong.2023 they will never stop printing because the people that are printing the money can gobble up the remaining assets and have total control. At that point the price is irrelevant if you own it all.

[@Anthony.Ong.2023]

@@retrodripsupport7510 can all countries follow this style of printing?

[@sharnyo]

When there is a rush to buy gold in several countries in turmoil, the gold price will definitely go up like any commodity. They still need to transact in fiat currency and not gold. In the digital world, physical gold is not as mobile and not earning interest - only capital gain. But look at the decade of stagnant gold price before, the value growth averages about the same or even less than with interest rate or other investment.

[@a13xdunlop]

Gold is purchased as a form of insurance in times of financial uncertainty.

[@cyrilmilton]

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[@cyrilmilton]

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[@cyrilmilton]

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[@edwintan3118]

Gold is the money of kings, silver is the money of gentlemen, but debt is the money of slaves.

[@chinaboss6683]

Michael Jackson said that, right?

[@harryharrison362]

@@chinaboss6683 No, Bugs Bunny

[@paulgermano7837]

I'm glad I own both.

[@edb3877]

And copper is the money of peasants.

[@kurinaazham]

Perfect said!!

[@williamwilson6499]

Gold is not at historic highs. It would have to be over $3400/oz to match what it was in 1980.

[@BrianHeimbuecher]

It's kind of sad that so many 'in the know' don't seem to know that little fact.

[@DrivenA111]

@@BrianHeimbuecherJust because they don’t mention adjacent to real dollar concerning 1980, doesn’t mean they don’t know.

[@BrianHeimbuecher]

@@DrivenA111 At best it's shoddy reporting... at worst, they don't know. Bold assumption on your part. It's called 'nominal dollars', FYI.

[@DrivenA111]

@@BrianHeimbuecher I studied Finance in college. FYI.. It’s a matter of real dollars.

[@lamentate07]

That high was a bubble. Future inflation expectations were baked into the price.

[@j2rbm0]

Fiat currency is equivalent to Hell Death Notes 🤣🤣🤣 Some of us do know the outcome of the end of this currency cycle......

[@alanc457]

ETFs is gambling on the gold price and investing in paper. No risks are mitigated and you don’t get the benefits of holding physical gold

[@petejames1326]

imagine how high gold will be when the US$ WEAKENS if its hitting new highs as the US$ is high, gold will be $5,000+US when the US$ actually weakens with more QE money printing next year

[@tombrady-qi6up]

I've been looking into investing in gold and other precious metals lately.

[@ServerError-ub8fx]

That's a smart move. Precious metals are often seen as a safe haven during economic uncertainty.

[@AmeliaNates]

Do any of you know Katherine C Boone? She's been managing my portfolio.

[@AustineRalph]

Really? How's that been going?

[@AmeliaNates]

Remarkably well, actually. Katherine C Boone took my portfolio from $350k to $2.190m

[@ServerError-ub8fx]

That's impressive. I wish I had someone like her managing my investments.

[@NorthHollywood]

Its currently hitting further all time highs not to mention, the FED will be cutting interests rates and the money printers will flow as the economy is winding down. $3000 by the end of the year.

[@user-ec5hh4qj6g]

It's not that gold price is rising it's fiat debasement and losing it's value.. added more printed fiat means it costs more fiat papers in an ounce of gold. Gold price is not rising.. there's more fiat paper in circulation.

[@EcomCarl]

Gold's shining bright lately! ✨ Remember, when considering gold investments, staying informed about global economic trends and geopolitical developments can help navigate market fluctuations effectively.

[@anziar3038]

Wow! S'poreans are now spending much more than before. Many thanks to the PAP govt for bringing them wealth by means of high-paying jobs.❤❤

[@anthonychuan7279]

IMO, you may like to add - Spore Govt historically has been buying US Treasuries until recently, increasing Gold Reserves. SGD has hold its value against the USD and increased against most currencies. With CNA's many recent interviews and gold presentations, does that not say something ? IMO, the government is advising indirectly you should also Accumulate Gold - according to one's ability.

[@tuapuikia]

Jewelry gold is 30% markup from spot price. We call it retail gold price, the resell value is lower.

[@rickguo4594]

Its not only usd printing currency dude....all the world govt are guilty and doing just the same like usd....printing and printing. Only one country mass currency printing wont change the raise or fall on gold price. Gold dont increase in value. Gold store currency value and adjust accordingly. If gold price go up means the currency value of that particular country has weaken due to too much currency in their system.

[@Rod-bp8ow]

The law of Supplies and demands are according to the weigh balances, as well as resourcefulness, environment friendliness of businesses.

[@BrandyHeng007]

Dollars Overcapacity

[@john4226]

With that gold bar that was 64k last year and 76k this year, the problem is even $76k cannot buy what $64k bought a year ago. So you lost buying power with your gold. How stupid.

[@xpozen8994]

That doesn't make any sense, even if the inflation rate is 10 percent. You are just another dumbass american

[@nederlander111]

I think that you are stupid

[@dand4075]

It has to do with the US dollar losing its value because of over printing, and a harbinger of dollar collapse.

[@edb3877]

Agreed. As an extra bonus, we also have massive debt due to over-spending and the requirements of servicing that debt via an ever larger portion of our national income. To say that this will not end well is an understatement of galactic proportion.

[@Sigma4Life972]

Hope US prints more, we are the top currency

[@susanneflynn410]

Fiat money will go to zero eventually😂😂😂

[@yu-jd5jg]

The correct question should be, why are currencies' buying power in the world have dropped so much?

[@edb3877]

The answer is obvious: uncontrolled spending leads to more money printing which then leads to more debt and higher interest payments. This is the dirty little secret of fiat currencies. No one can ever resist the urge to over-print them. When there was a worldwide gold standard, that standard served as the brakes on our financial engine. During hard times, people trusted gold coins so converted their paper money into gold. This reduced the amount of gold in the financial system, reducing the ability of governments to spend more. During good times, people preferred the convenience of paper money, bought it with gold coins, and additional gold was injected into the financial system. While this made more gold available for spending, there was less need for it because times were good.

[@dadafab-ct8sf]

People squammbles for gold but didnt ask anyone is it easy to liquidate?. Golds bars are best and easy but jewelrie?? Nope

[@hailyrizzo5428]

It's just women using 'gold investment' as an excuse to decorate themselves with expensive jewelry. If you really want to invest in gold, you would get the bars and keep it locked up and not let anyone know. But jewelry, they will probably take it out and flaunt it on special occasions because it 'would be a shame' to keep such a beautiful item locked away.

[@lamentate07]

@@hailyrizzo5428 Bars or coins. Jewellery is BS. You just get melt down value anyway when you try to sell.

[@Yolo942]

Some people have cottoned on to the fact that more money printing is around the corner.

[@taranjitsingh2714]

Gold stocks are undervalued compared with gold prices, stocks will skyrocket once earnings come in, not to mention bad market news will further fuel the prices…BUY GOLD Stocks !!

[@Oldfogey2014]

Buy the real stuff….keep away from ETF, you might be buying nothing.

[@AustineRalph]

Seems like Katherine C Boone is the real deal when it comes to financial management

[@anasqai]

Maybe the melting speed causes the price. And the % of something, the numbers, what is the other % then is it silver or copper or the strength then iron or colour-priority but strong then is ladder? Is there such thing in business? Is there a way to split the metal once it's melted as new alloy % of at least 2? Maybe neodymium can pull the gold and take the other metal away?

[@kennyh5083]

strong USD? What planet are you from?

[@tuapuikia]

I stocked up few kilobar for emergency save. Just in case 😊

[@rorymckenzie8598]

During the first two months of 2024, China imported 367 metric tons of gold for non-monetary use. That was a 51 percent increase from the same period in 2023. Gold jewelry, coins, and bullion sales in China rose 24 percent year over year. Meanwhile, the People’s Bank of China has been gobbling up gold for over a year. The central bank has expanded its gold reserves for 16 straight months, adding over 300 tons of the yellow metal to its stash since it resumed reporting gold purchases in October 2022. At the same time, the Chinese central bank has been dumping U.S. Treasuries.

[@Goodoldjustice2428]

I've been telling everybody about the gold for the last few years or more, and have NOT bought bullions myself, and always kept saying it will surge up, and for people not to invest into crypto and stocks just in gold, but I did not have much to invest. Even if I did, I should have not spent it and just bought one bulion coin per salary, WHICH I DID NOT, I feel pissed off a lot now, for not trusting my guts and JUST DOING IT, I would NET SOME profit now!

[@rd123.]

Buy. Never sell.

[@soullama7237]

GOLD 10X on the way folks

[@tancolvis5240]

wake up USD is a waste toilet paper not peg to any raw materials

[@noob-noob4201]

remember its only ath in nominal prices.. if you adjust for CPLie gold prices was 2600$ in 1980..

[@soullama7237]

Gold 10X on the way

[@aubreyrobin]

Id rather buy tokenized gold

[@Pictureinpicture77]

Last 4 months gold up 12+ % and they saying 3.4 - gold is right measures of inflation 😅😅😅😅😅

[@OIBAN]

What about bitcoin ? It outperformed Gold

[@iggy5347]

In times of war internet in shutdown better buy gold

[@OIBAN]

@@iggy5347 spaceX sats will be up and running :)

[@afrofy2431]

Dollar is bullishly bearish or losing its purchasing power 🫵🏾🫣

[@DLG24]

Gold pays no dividend. You might as well buy Bitcoin.

[@luciferdevil4725]

Gov. Have to buy diamond, platinum and leave gold and silver for comman people

[@BrianHeimbuecher]

You're kidding, right? PLEASE tell me you're kidding.... Platinum's role in the world's monetary history was that of spoiler... the miners HATED it because it was a pain in the neck to work with. Diamonds & gold, platinum & silver. First 2 worth it, latter two not so much. I fixed the pairing for you.

[@tancolvis5240]

usd is a debts not strong gold is raw materials few in planet earth and every country is distancing usd

[@djibicisse]

China debt to gdp ratio is worse than usa Both are badly indebted yet usd still strong

[@edb3877]

@@djibicisse So is Japan's debt to GDP ratio.

[@djibicisse]

@@edb3877 yup most countries in the world are heavily indebted But not all. Are as rich as China or USA

[@charleskurniawan2950]

Im sorry CNA but you are asking the wrong question. The real puzzle is What's Driving Up USD Prices Despite A Strong Gold & Stock Market?

[@kennylok2215]

PERI 😮

[@kennethgoh7198]

And quantum ? Huh ? 😅

[@minpat1015]

research etf dont just believe these stupid people on the videos. there is no backing for the etf you never know . as you are trusting people with physical you are the one holding the gold

[@Patriarchy_69]

China

[@peterburke8650]

The only reason gold had a melt up was to mine it from the people. The price will sit where it is for quite some time.

[@BrianHeimbuecher]

And your expertise on the gold market is because of your job? Your education? Asking for a friend...

[@luciferdevil4725]

High tax simple answer gov. Loot us

[@Paul-H-Wolfram6608]

Fiat money 💵 = 💩 🚽 Gold 🪙 💛 = 😛🤑 is 👑 King.

[@babablack7142]

Becareful of gold price will crush down badly... 10years happen before it going to happen again

[@silvarajoomuniandy4316]

Only for a moment and will soar to new heights. Gold is gold.

[@kurinaazham]

Beli emas dapat.emas fizikal!! Simple.as that!!

[@kennyh5083]

a Despite A Strong US Dollar & Stock Market? Yea and were now all living on the good ship lollipop! Gold at $2300 has not kept up with inflation at all!It would have to be more like $2800 to be even with inflation!

[@djibicisse]

Nobody using yuan yen or rubies ?😂

[@AGotti-lj6on]

More like why is gold so undervalued if its rare as they say if theres only so much as they say it should be worth 20-40k an ounce tires of some old farts waking up every morning and marking gold so low

[@boonteong76]

Simple way, stop printing dollar!!!

[@MsVibrato]

There will be time to cut the profit for sure, don't fomo I guess.

[@エレダー]

strong dollar my ass, printing money = strong , what kind of joke is this?, READ HISTORY

[@djibicisse]

Dollar is very strong now Contrary to what trolls say lol

[@susanneflynn410]

Fiat money is fake money credit no real value😂😂😂

[@WTHH2]

Countries spending the USD before it becomes "banana tree" currency. Worth nothing.!

[@djibicisse]

Nothing will affect US dollar I guess Even Brics can’t do much 😂

[@JinCola1001]

SG not haved Mining But haved Gold Reserves in Top 15👍👍👍 Our neighbour have LARGE mining But not have gold reserves😂😂

[@2-worlds-on-earth]

Simple - 1. Multiple geo-political flashpoints 2. Excessive money printing of fiat currencies especially involving the world 4 top economies - US, China, EU and Japan 3. Inflated prices of real estates and equities make investment in these assets' class like gambling in casino 4. Digitalization of fiat currencies put too much power in the hands of the ruling parties!! 5. Bitcoin and such.........hmmm like investing in Tesla, always running too far ahead of the curve that can really end up like fools' gold of the 21st century😂😂😂

[@jopinlim8740]

buy bitcoin

[@c00121314brave]

Why so it can drop 10% in 24 hours buy real Gold not fools gold that's all btc is the 21st century version of fools gold.

[@sachin2842]

USD is strong because USA forcing military might and Gold is well Gold 🥇🪙❤