Why Is Gold Price Crashing? Will Selloff Intensify? Gary Wagner Answers

[@TheDavidLinReport]

Will gold's selloff get worse, or is a bounce imminent? Subscribe to my free newsletter: davidlinreport.substack.com/ Listen on Spotify: open.spotify.com/show/510WZMFaqeh90Xk4jcE34s Listen on Apple Podcasts: podcasters.spotify.com/pod/show/the-david-lin-report FOLLOW GARY WAGNER: The Gold Forecast: thegoldforecast.com/pricing. Get 30% off if you use the coupon code DavidLin Twitter (@garyswagner): twitter.com/garyswagner KZbin: www.youtube.com/@Thegoldforecast

[@briangranger1741]

B2Gold Corp = BUY

[@issenvan1050]

Right on time! Gary had forecast $2850 into 2025.

[@edmundmcgrath213]

Wagner is an embarrassment. Do better. Get credible guests. This guy shifts his opinion on a daily basis AFTER the fact whether up or down. He is the kind of guy that calls the race after the horse crosses the finish line.

[@ShiningTimeStacking]

@@edmundmcgrath213 no way man he has been very accurate most of the time

[@edmundmcgrath213]

@@ShiningTimeStacking Get back to me in 2 weeks when gold is at 2300 and then tell me how accurate he is with a straight face. e is "paid" by Kitco to pump gold. Thats what they sell..Gold

[@alexcaba6686]

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 Aldona Šabanienė, 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....

[@alexcaba6686]

She mostly interacts on Telegrams, using the user-name.

[@alexcaba6686]

@AldonaSabaniene.

[@alexcaba6686]

Aldona Šabanienė program is widely available online..

[@danielsandradeful1]

Investing in Bitcoin is the wisest asset to be in, not trying to shit on other stocks, it just won’t outperform Bitcoin over pretty much any long time horizon…reality over feelings!!

[@richardmlagani9767]

This is why it is advisable to connect with a true market strategist in order to avoid missing such opportunity and maintain steady gains.

[@michaelschiemer3]

It’s always a good option to keep some gold. Well with the current market situation and everything at stake with the present economy, I’d say you’re better off staying away from stocks fr awhile or better still reach out to an adviser for guidance.

[@Pconradsmith]

The checking and savings accounts are secured by FDIC upto $250k up to a credit limit. This ensures consumers that their money is safe during bank failures. The recent bank failures are base on poor management, too much lending, bank runs, unknown from bank consumers.

[@Rachadrian]

true, A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far

[@derrickholfman2]

I find your situation fascinating. Would you be willing to suggest a trusted advisor you've worked with?

[@Rachadrian]

Annette Christine Conte is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@derrickholfman2]

@@Rachadrian She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.

[@AdamD.Snyder]

Trying to build my Portfolio, so I can earn $900.00 a month, Thanks to Lisa i was able to own some of the top company and etfs that pay dividend. I put the dividend back into the company. My account is about $25K, and all top companies and etfs that pay me dividends.

[@peshier-x3r]

You trade with lisa obrien too? Wow that woman has been a blessing to me and my family.

[@masonalfie849]

I am grateful to her as well though I started with as low as $1,500 actually because it was my first time and it was successful, shes a great personality in the state

[@DavidHall-k8v]

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

[@caseybarry-j6y]

That woman has changed my life for good. I attended her investment class couple of weeks last year and shes the best when it comes for Guidance.

[@EDIE-w4b]

I was skeptical at first till I decided to try. It's huge returns is awesome. I can't say much

[@JosephZerafa-l3g]

I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I've been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don't know if I should sell everything, sit and just wait but watching my portfolio dwindle away is such an eye-sore.

[@RalphTaylor-g3e]

There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.

[@uwerathsack]

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

[@IvonEoin]

I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?

[@uwerathsack]

Her name is Caroline Suzan Olson. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@MilenaLis-n1q]

I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you

[@aucourant9998]

None of the fundamentals have changed. The Dollar will still lose its reserve currency status, inflation is still out of control, and the debt is still unpayable. And I'm still buying gold.

[@MarkMark-ji6ts]

Exactly

[@barry1705]

Agreed

[@REDDEVIL-dv1tx]

Correct

[@TheMostSlyFox]

Crypto RoR 200-300% since January. Gold RoR 28%

[@aucourant9998]

@@TheMostSlyFox That means absolutely nothing. Directly before the Great Depression, the stock market took off with stock prices rises rapidly. 300% of worthless paper is still worthless. Gold is real money.

[@greenkendis]

Just watched your video discussing XAI80Z and I am very excited about this

[@Joegolberg1]

As always, a great analysis. Newcomers often wonder if it's too late to navigate the financial market, but the market is always unpredictable. Trading has more advantages than simply holding, so it's important to learn before diving in. Active trades are necessary to ride the market's waves. Thanks to Zachery M Demers’s insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings. Kudos to the journey ahead!

[@Joegolberg1]

he mostly interacts on Telegrams, using the user-name.

[@Joegolberg1]

@Zachfinance thats it

[@PaulStephenRudd-u7b]

Greetings, I’ve seen positive reviews of this man Zachery for about the fourth time now, I think I’ll have to give it a try.

[@alimbedrihan4489]

Thank you for sharing your experience. he’s helped grow my reserve, despite inflation, from $87k to $246k as of today…..His insights and daily siignals are worth following.

[@TilSchweiger-i3f]

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much..

[@bombardogodfrey]

Thanks for sharing XAI80Z and PEPE. 💯

[@user-kj2iv6xr7s]

RE: Don't work for money; make money work for you. Invest wisely today to create the freedom you desire tomorrow...

[@GiffordKollar]

Many new tra-ders face challenges without proper guidance. I found success by learning from James Clark's expertise.

[@thesearethefables]

​@@GiffordKollarexactly that's why I always seek Mr J Clark's guidance in all I do 😊

[@MrJohn-zb2bi]

I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k. Should I invest in ETFs now or wait for a market correction considering potential inflation?

[@happyferet69]

Celebrating a $30k stock portfolio today from a $6k start. Investing wisely has given me time for family and future plans.

[@TammyLapalme]

From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.

[@arliehadley7409]

Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

[@masonbrown4475]

Starting early is simply the best way of getting ahead to build wealth, investing remains a priority . I learnt from my last year's experience, I am able to build a suitable life because I invested early ahead this time.

[@broucherjosh8421]

In fact, I had no prior experience or understanding when I began investing in 2018, but by the end of 2019, I had made a profit of almost $750k. All I had been doing was going by what my financial advisor had told me. This demonstrates that all you truly need is a professional to assist you; you don't even need to be a great investor or put in a lot of work.

[@monlcaReyTrader]

bravo! | appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

[@masonbrown4475]

C❍❍PER LEO JAXON is the licensed advisor I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@dulcerocio4763]

I copied his whole name and pasted it on face book; and his page appeared immediately, and his qualifications are excellent; thank you for sharing.

[@davebellamy4867]

10:10 For me the target was 2790. Close enough. Correction points might be 2445 or 2106 though the chart pattern ascends so in time those target lines will rise a bit. EW sucks IMO.

[@benjaminsharla79]

Bought XAI80Z after watching your video, super excited! 💰

[@JD1459]

220 Trillion dollars of unfunded liabilities of US debt IMO ensures Gold & Silver will continue higher. Our country is bankrupt.

[@holdenc3082]

This is why even though I may have “over paid” buying gold at $2600+, I’m not that upset. I’m in this for wealth preservation in a bankrupt nation. If gold drops more, I will dollar cost average and buy more.

[@stephengoodwin6403]

@@holdenc3082 .Yes.I first bought silver at $4.50,and gold and $385.I just put it away.Thank God I haven;t sold.Economic conditions were much better back then.Just keep stacking and put it away.Any retrace is temporary and buy the dips

[@REDDEVIL-dv1tx]

​@@holdenc3082 Correct, Buy low now and sell high in the future. We are on the verge of a crash.

[@PFL44]

20:07 '$2600 maybe $2580 is the absolute floor of this correction' 14 hours later it's $2547. We already need an update.

[@lotsofthisandthat9791]

Gold likely to bottom around $1924.00 in 1st qtr 2025. Silver looking like a bottom in $19’s 1st qtr 2025, so some room to downside I’m guessing.

[@ericmcginnis7576]

There is always an overshoot my friend

[@davebellamy4867]

Great tech analyst, eh?😂 I recall he thought the bear was over when gold hit 1180 in June 2013. Took 2½ more years.

[@technoslut]

I need that to happen, I'll buy 4 ounces, instantly ​@@lotsofthisandthat9791

[@nachiket26]

most are clueless in gold. it can easily fall to sub 2400

[@KennyBetsill]

I'm 51yrs old. $40,000 weekly and *I'm retired, this video have inspired me greatly in many ways that I remember my past of how I struggled with many things in life to be where I am today!!!!* ❤️

[@angelabrooks8189]

Hello how do you make such?? I'm a born Christian and sometimes I feel so down 🤦‍♀️of myself because of low finance but I still believe in God

[@sharondennis7252]

It's Maria Frances Hanlon doing, she's changed my life.

[@JocsanAgath]

I had a lot of debt and no money to pay it, all I had was my wife’s salary and no savings until I met Maria Frances earlier the year. All things being equal I’m a house owner and a car owner, I can afford good life for me and my kids

[@Lisapousette-o4l]

After I raised up to 625k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸 also paid for my son's surgery (Oscar). Glory to God.shalom.

[@Tracyswannell]

Absolutely! I've heard stories of people who started with little to no knowledge but made it out victoriously thanks to Ms. Maria Frances 🙌❤️

[@sinaudioboutique]

nobody knows what is happening and why, period

[@silverfox108]

Sorry I disagree with your premium on gold being related to political issues. In my humble opinion it has to do with a poor bankrupt US economy with so much money creation that has baked into the cake the inflation issue. Cutting rates at this point in time does not make any sense given inflation. They are setting up up for a massive economic event

[@go4it129]

And huge increase in demand. Starting around COVID

[@Frankjacob387]

People choose to buy gold for various reasons, such as it’s historical role as a store of value and medium of exchange, it’s potential as a hedge against inflation or currency devaluation, and it’s relative scarcity compared to other commodities. Gold also offers diversification benefits to investment portfolio due to its low correlation with stocks and bonds. However, investing in gold carries risks and may not be suitable for everyone. Investors should carefully evaluate their objectives, risk tolerance and financial situation before deciding.

[@berniceburgos-]

Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver, stocks and digital currencies are also good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you.

[@Helen_white1]

Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.

[@Theodorebarba]

I envy you, I’m still trying to recover from losses I incurred in 2021/2022, who is this investment adviser you work with, I’m intrigued and I could use some quality guidance

[@Helen_white1]

Finding financial advisors like Stacy Lynn Staples who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@Thompson-e7h]

Thanks, I found it. I booked a call with her on her website, her résumé seems pretty tight.

[@aaronsullivan1628]

Gold is below 2560 and still falling. I don’t see your charts working,,,,

[@fullalbums5675]

his astrology didn't work

[@shadowwarsshadypeople6299]

2555 now. got down to 2550

[@fullalbums5675]

@@shadowwarsshadypeople6299 a good buying opportunity, basically at Septembers prices

[@rogerburn5132]

Check Jim Richards and Bill Holter about Gold to 26 000 dollars and 50 000 dollars per ounce

[@lotsofthisandthat9791]

@@rogerburn5132Must consider that those two men could be on dope.

[@Denise099-g5x]

Bitcoin has a production cost like gold. Historically bitcoin has bottomed in every bear market close to its production cost in 2022 it was 17k. Right now the production cost is 49k. Also it's hard for me to see a world where central banks allow that amount of deflation. We are more likely to see hyperinflation than significant deflation with the fiat regime constructed the way it is. In 1929 they had to sever the peg to gold and debase. Today they don't have to do that at all they just start printing. I'm gonna say a sub 5k call for BTC is head in the sand bearish but as always I reserve the right to be wrong...... I have managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin. in the space of a few months... I'm especially grateful to Sandy Barclay’s, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[@Denise099-g5x]

Sandy Barclays program is widely available online..

[@baucha52]

Indeed, the recent market downturn serves as evidence that a vast majority of individuals lacked a sufficient understanding of the underlying financial dynamics at play.

[@bowmansbump]

Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Sandy insights. It's akin to finding a diamond in a coal mine.

[@Codyjoestone]

Job will pay your bills, business will make you rich but investment makes and keeps you wealthy even till the future.

[@lwmustafa8173]

When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. While there are no shortcuts to getting rich, but there are smart ways to go about it.

[@Harbinger-my2fx]

Great video, and every clear explanation from Gary. I have accumulated more than 50 kg of gold over the years, and plan on selling off a portion after gold's correction ends.

[@TyB.-to3ek]

You would be dumb to sell any gold, look at the US debt clock and what BRICS values gold, Trump going to make Gold $15-$17k within 4 years! Going back to Constitutional money, everything going back to Constitution

[@merlindodson7562]

That's a lot of gold! Bravo. I was waiting for a $2900 target to take some short term profits so I was bummed that we didn't get there in the last run up and that it has come down so far so fast.

[@wittysatan3821]

Homie open a gold shop

[@Harbinger-my2fx]

@@merlindodson7562 Based on Gary's explanation, we should be able to find a place to take some profit.

[@mlangbert]

Thanks, David. Good interview. Gary Wagner is always an asset.

[@cockyhemi]

There’s a reason why mainstream has not really talked about gold or silver, even at ALL TIME HIGHS. The powers that be do not want you to have hard assets. They’ll talk all day about Bitcoin and the stock markets though! 🤔

[@redgatecrt]

Same thing has happened to gold this time of year for the last three years then bouncing back to all time highs in the new year. Nothing has changed, check the charts for yourself

[@supermash1]

Wow, my gold and silver mining stocks are way down! But I will hold for the future run. Always enjoy hearing from Gary Wagner and Jeff Christian regarding gold and silver.

[@daytonajackson24]

Thanks for the advice! Got XAI80Z, feeling bullish! 🚀

[@karththikarththi6684]

Thank you for the insights! Got a 10% profit in just one week from your last tip, OMG!!! I'm looking into XAI80Z, ETH, and SOL. What’s your advice? XAI80Z seems to have potential, but your opinion matters.

[@djakashraj7462]

Appreciate the recommendation! Bought XAI80Z, expecting 10x returns. Major exchanges confirming listings. Your insights have always been on point. Looking forward to seeing where this investment goes, thanks for the valuable advice!

[@user-friendlyhuman]

I love Gary "The Samurai Lord" Wagner ❤

[@PolarisPointsNorth72]

Gold will return to $2000 now that the market is transitioning into risk assets.

[@adicostea]

Not sure for how long you'll enjoy doing this as you start to anticipate with great accuracy what your guests are going to say; if I'm right, you might need to do something new, add something new etc, before starting hating what you're doing in the current format. I always liked your personality and your high quality professionalism as an interviewer

[@senburgundy3632]

‘Be fearful when others are greedy and greedy when others are fearful’. I think that applies to BTC as well. Also, to use one of Rick’s -‘I love hate’ BTC will settle down, like all assets do. Gold will always be there and I guess crypto will to. Can’t say I understand crypto other than ‘it will go to the moon’ beyond the blockchain, what’s the appeal… in any case here we are. All I know is I don’t live in the meta verse. I live in a world where I hold things in my actual hands. And I want to hold more gold

[@breadoflife5938]

You can hold your bitcoin as well, nobody can take it from you

[@breadoflife5938]

Btw some credit people took 2K from my dads bank account last week

[@mlangbert]

@@breadoflife5938 Like an electromagnetic pulse or disk damage or a tornado that destroys a computer server. Impossible.

[@ceasarwright7567]

Reminds me on the restaurant scene in Wolf of wallstreet movie where broker breaks it down to Leonardo Decaprio . Nobody knows weather a stock or in this case a commodity or metal will move up down or sideways. Its all a guess. Soo many factors come into play for the price of Gold and all of those are in the future so everyones guess is could be correct.

[@911aircooled5]

Great info and knowledge Gary. I sold at the top, and bought a larger amount today (2520 is support IMO). This looks like a HnS pattern. I use RSI a lot too, showing almost oversold. POS is at perfect support today 29.90. Not 30.5, not sure where you got that number from?

[@MathewHarris-q4i]

Following you for a year, made $10K in profits.

[@danzwiren1492]

These guys have all the answers. Fact, none pof them called this down move. He knows nothing more than u or i.

[@CuylerSalyer]

I remember when this guy first started prognosticating. He's learned a whole lot. He's actually quite good now. BUT, that said, I expect this W-ABC correction in Silver will actually morph into a Double Zig/Zag correction and the last correction will take us down to the more normal previous W-IV low in the previous W-1 thru 5 Bull run which was about $26.50 for Silver. That will take most people by suprise..

[@GarnettPeace]

Thanks for the analysis! Just a quick off-topic question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?

[@k.h.p.9862]

He said 2580 is absolute floor. But, it's at 2560 right now. There might be some other factors that he hasn't yet factored in.

[@maryperrysmith5815]

Hi from Indiana I subscribed. While listening

[@MotorcycleMayhem595]

what happened to 3000 dollar gold? Man this game is so corrupt

[@edmundmcgrath213]

you shouldn't have believed them. It's your fault. Gold is a shell game. Beware of the chart readers. They are always wrong. Watch as Gold falls through their bottoms and they will be on line the next day declaring a new bottom and after that fails again they will contrive a new and lower bottom based on the "charts". Gold will fall into the teens 15 to 1800 and not recapture 2000 again if at all until Trump is out. Worst thing for gold was his election. Risk assets for the next 4 years with zero fundamentals to support any Gold bottom really. Sentiment based asset. Forget the debt. GDP and risk on advancements will kill metals for the foreseeable future. Sell now at 2500 and walk if you can.

[@arkive11]

You were supposed to buy BTC dude

[@fadi1048]

Buy the dip!!

[@veitastic6866]

Politics? what a clown...

[@lotsofthisandthat9791]

They want all the little piggies in Schitcoin.

[@DonaldMark-ne7se]

At this moment, it is crucial for individuals to prioritize investing in alternative streams of income that are not reliant on the government, particularly with the existing worldwide economic crisis. Investing in stocks, gold, silver, and digital currencies can still be profitable during this period. Therefore, it is advisable to explore these investment options to secure one's financial future.

[@kevinmarten]

You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment.

[@JacquelinePerrira]

In my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.

[@Jamessmith-12]

I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.

[@kevinmarten]

please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?

[@Jamessmith-12]

'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@michaelschiemer3]

So, here I am, sitting with $155k in my emergency fund, thinking it's time to finally dive into the investment world. But, of course, gold is crashing and I'm like... "Is this the right time to jump in, or should I just keep playing it safe?" Anyone else got a headstart with investing? I need some serious guidance, but it’s like trying to read the fine print on a bank statement, lol.

[@gembligg4448]

How low can gold go ? i am ready to buy

[@kenthughes4396]

Does it historically hold its value 100% above replacement cost? See 1980 and the aftermath.

[@popovdes5576]

Thanks for your advices. Great insight

[@SavedbybGrace]

Absolute guesswork. The price is currently $2560. Already under your claimed 2600 bottom only a few hours after the posting of this report. Looks grim!

[@KingComputerSydney]

I'm seeing support around 50% fib at $2507 and 61.8% Fib at $2485 on the Daily, I think it will break the $2600 level he thinks is where the elliot wave will bounce. Over the long term I agree on the $2800+ target next year.

[@mahmoudzakaria1816]

It already went below $2600. Now what?..

[@issenvan1050]

How about GDX?

[@ymoore1551]

Great show thanks

[@WTHH2]

Smoke and mirrors.

[@jeffcurtis5980]

How do people trade silver when there's a tax on it? In the UK its 20%. How is trading possible?

[@reddune6185]

In the US we buy legal tender money (silver coins) which are not taxed, or we buy into etf’s or trade futures contracts.

[@fullalbums5675]

outside of US and youtube silver sellers bubble it's just a hobby of collecting shiny things, not investment

[@jeffcurtis5980]

@@reddune6185 Many thanks

[@merlindodson7562]

I appreciate your covering this topic. I discovered you from your interview with Peter and thought you were very gracious as he discussed your private dating life. I guess you knew he meant well. :)

[@toybuns775]

Money moves through the market. It’s currently moving from risk off (gold) to risk on assets. This ain’t going to change for some time. Sorry no gold rally’s soon but catch it on sale and stock up

[@peterquin1443]

Anyone trying to explain or predict markets right now is either a liar or a fool. The markets are completely divorced from fundamentals. As to why everyone is ignoring fundamentals and piling in is anyones guess, but Warren Buffet best describes it as irrational exuberance.

[@issenvan1050]

It went below $2580, too. Now what?..

[@charlesyang7799]

will see after Russian war !

[@omaraissa9372]

You wait at 2530 and if you see confirmation go in if it brakes it , then be ready around 2400-2300

[@charlesyang7799]

@@omaraissa9372 both gold and silver were rising too fast. price should go back to a year ago.

[@laccess911]

it will most likely go down even further. Support seems to be around $2500.

[@fullalbums5675]

@@charlesyang7799 will see when Trump "deal" blow into his face and there will be even bigger escalation and US tariffs will move China more into the Russian side

[@jolly1039]

Time to buy more

[@oneillbilder]

Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions

[@Martina-Alan]

Just try to diversify your portfolio to other market sectors, that way your portfolio is balanced and you don’t get to make so much losses. Also engage the services of a financial advisor to walk you through

[@DallisonScramosin]

Right, I delegate my day-to-day investing to an advisor ever since suffering a major steep-down late 2019, amid rona-outbreak, and as of today, I'm semi-retired with barely 25% short of my $1m retirement goal after subsequent investments.

[@SladeCirrincione]

I've been considering getting one, but haven't been proactive about it. Can you recommend your advisor? I could really use some assistance.

[@DallisonScramosin]

Vivian Jean Wilhelm a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@SladeCirrincione]

I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you

[@Jo-xx2rd]

thx guys

[@John-jl9de]

Thanks

[@cuteandfunnyearthlings2863]

erm gold is hitting 2562 right now

[@fadi1048]

What a good analysis.

[@Ninurtha1]

Gary is describing head and shoulder pattern forming. Look at the chart it go 38% up then down to the shoulder then resume bull market to $2800 to 3000 next year by November.

[@juancpt]

Please get your terminology correct. A "pullback" is anything below 10%. A "correction" is between 10% and 20%. A "bear market" is between 20% and 40%. A crash is over 40%!!!!

[@pastmyprime6330]

Fundamentals have not changed in the last 7 days and can be argued to have worsened, think CPI, US massive spending, European and Chinese economic collapse…market was not expecting a “Red Wave” that will soon be crashing up against the immovable wall of global debt.

[@caseylm100]

trump is perfect for gold. tax cuts we cant afford, pushing for lower rates. he likes weak dollar

[@Tomkinsbc]

I just checked and the consolidation time is the same for between the $ 2,385.32 level and the $ $ 2,289.81 level. But there is also a similar consolidation level $ 2,050.00 level. The 6 month period for the complete cycle only fits the %2,385.32 to $ 2,289.81 level though.

[@ozyrob1]

Trump next term (big tarrifs) is absolutely inflationary. If he goes through with it interest rates will stay higher for longer putting downward pressure on gold. If he goes through with it I see gold trading in the $2300 - $2400 range next year.

[@ComicLover-oj5sv]

Trump's tariff policies are making the dollar A LOT stronger. The stronger dollar will offset the tariff. Therefore, inflation will likely be moot.

[@ozyrob1]

@ComicLover-oj5sv The dollar 60% stronger? That would essentially ruduce every other world currency to confetti. That's what he's talking about regarding tarrifs. Most economists (not politicians and political commentators) are saying the tarrifs will be inflationary.

[@caseylm100]

trump was screaming for lower rates in 2018. he wants low rates and weak dollar. fed cut quickly

[@ComicLover-oj5sv]

​@@ozyrob1 The 60% tariffs he mentioned are exclusive for China. He is proposing a 10% tariff on everyone else. The DXY has almost made up for this 10% tariff already.

[@ComicLover-oj5sv]

@@caseylm100 Ultimately, yes. However, he will likely wait to make this move until the momentum has shifted in bringing manufacturing back to the US.

[@issenvan1050]

When will PBoC start buying again?

[@charlesyang7799]

maybe next Feb or March !

[@kevink9365]

Bitcoin is sucking market cap from gold and silver. Why make 20% when you can make 200%?

[@andymorales6907]

You can make way more than 200% in a casino. Why bother with BC?

[@jokerswild5876]

People are fomo at the top of BTC 2yrs of parabolic run up everything comes down eventually. Used to like BTC but now the institutional players have full control of it no longer decentralised.

[@JonM-ts7os]

Gold is decent for long term saving thats about all.

[@buggsmcgee9270]

Emergency savings because it doesn't fall to zero.

[@genegrant4332]

Gold is controlled, bitcoin is manipulated, but the high bitcoin goes the harder it is to manipulate. Bitcoin is finite they can always find more gold.

[@MG-Town]

Thing is, something else will come out and beat bitcoin, gold will always exist!

[@tomblack1583]

buy the dip

[@IRAIvan90]

Hi David, can u make an Interview again with Todd "Bubba" Horwitz? Heˇs been censored last year or two. He is very honest about everything. It would be nice to see him again. Ty, keep going.

[@kenthughes4396]

It doesn’t matter if it’s corn, cotton, cocoa, copper, soy beans, wheat, gold, platinum, silver, natural gas oil, commodities, always have an always will go back to replacement cost plus some kind of profit margin, but not always sometimes they go below. Profit margin is like Econ 202

[@Tomkinsbc]

I am not saying I am correct, but if you look at the gold price action in January 2006 it went through a 3 to 4 month consolidation then shot uo in a parabollic fashion by about 50% and then corrected in the same fashion to the pervious level. This happen as it appears as the same conditions this is happening now. That was over a 6 month duration from the beginning of January 2006 to the middle of June 2006. Then it rose to a little for than half of the perious rise in the middle of July 2006 then declined again to the area of the consolidation at the beginning of October 2006 and after that continued rising to the top in 2011. Check it out, it is at least looking at.

[@truthisthevictory9278]

Europe Is Finalizing Preparations for a Gold Standard November 11, 2024 Jan Nieuwenhuijs

[@movieklump]

Gold is a hedge not an investment. Who cares if it goes up or down. Anyone who swaps gold for dollars owns it for the wrong reasons.

[@dsmith4140]

You have no idea what it would’ve done in either case. This is just all made up BS.

[@miltonm9030]

Thanks!

[@rumcoke9123]

Correct as usual Gary! Back to 2700 shortly

[@issenvan1050]

Gary points to the Dec. futures, right?

[@collins-y8e]

What's the ideal strategy to take advantage of the current crypto bull market

[@Mohammed-x8m]

As a novice, it's vital to have a mentor for accountability. I'm being advice by a reputable crypto consultant.

[@Mohammed-x8m]

She goes by Shellane Maxwell

[@TengkuTony]

Oh, do you happen to know her too? I'm proud to say I've also benefited from her platform

[@TengkuTony]

Archieving a weekly profit of 45k

[@mike-x3h7q]

I used to think I was the only one benefiting from her guidance in navigating the volatility of trading.

[@doctoruttley]

I hope gold goes much lower…so I can BUY-BUY-BUY 🍾🥂

[@MM-qv5lf]

Buy now, who knows it might not correct much more.

[@reddune6185]

Dollar cost averaging just like putting money in an IRA.

[@MM-qv5lf]

@@reddune6185 That's a good point/advice as well, especially if you don't have a decent account of money to invest right away.

[@issenvan1050]

It already went below $2600. Now what?..

[@SJ.77]

"2580 will be the absolute floor".....yeh.....its at 2560 now..... Tbh - I think itll go between 2450 and 2350 - so I'll start buying things around the 2400 mark....

[@andymorales6907]

Gold is down $200 + over the last week or so, but the actual price of an ounce at my local dealer is only 120 less and they are a relatively big shop with a lot of business, both in and out of state. Are everyone else's observations similar?

[@cherokeecowboy7558]

Agreed

[@TyB.-to3ek]

Yep $80-120 premiums Gold is now $1650

[@reddune6185]

eBay premiums are similar. I buy every few weeks and monitor it every day.

[@phil2443]

The paper spot price is so badly manipulated by the banksters!

[@caseylm100]

if silver loses 10 bucks quick u pay maybe 3 bucks less. premiums

[@MelDorey]

Gold companies should be making lots of money with high gold prices

[@veitastic6866]

The fifth wave only managed to cover 50% of the move of the third wave. That is very uncommon when it comes to commodities where normally the fifth one extends the most.

[@issenvan1050]

Did gold price in the Dec. cut already?

[@jimfranklin3885]

Super thx guys.

[@xaverback]

That 2600 support aged well. Major breakout level weeks ago has been 2532 and has not been confirmed. Gold will fix this now. But it needs to hold that level. Below that target 2450/60

[@rumcoke9123]

He literally said he thinks it could go a bit below 2600. Lets see if he is correct. This guy is usually spot on.

[@issenvan1050]

Resistance, you mean?

[@TinoGomez-eh7cc]

I think gold will complete a head and shoulders pattern and flush down to $2400 probably coinciding with a drastic market down turn next year. After that the sky is the limit for gold and silver.

[@hamjam2389]

Thank you sir 🙏

[@barry1705]

JP Morgan will always manipulate silver

[@RayAntG]

Gold price drop was artificial. It’s going back to the highs

[@davebellamy4867]

Bitcoin is eating gold's lunch. It's risk on bigtime. Mr Market Sniper thinks it's just rotation for a while.

[@simonrhyner]

Central casting for Simpsons movie selling comics 😂

[@mic2349]

The uncertainty of a Trump presidency with Trump caused inflation and continued world issues would keep gold moving up.

[@JD1459]

Spot on. I bought a 2006 1 oz proof Gold Buffalo from the US Mint for $750 in 2006. Today the same coin online is selling from $3200 and above.

[@AhnoNymuz]

they want the price of gold to be cheaper so they can load and wait for next market crash

[@AmithKaury]

I'm ecstatic with Trump's victory and the year-end market surge. Which hidden jewels in the upcoming bull run would you buy with 150 grand right now? My goal is to position myself for a prosperous Q1 in 2025.

[@Donald-George]

Just buy Gold and protect your assets, the stock market is a rollercoaster.

[@Jamesjerome0]

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.

[@GaryNicka]

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation.

[@Jamesjerome0]

*''TRUDY ELIZABETH STOUFFER’'* a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market

[@GaryNicka]

I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her

[@_Thoughtful_Aquarius_]

Another great show from the David Lin Report!