The banks may be able to spoof the metals markets for a while longer but the society around us and the trust in government and the banksters is still in major collapse and will continue. As you say Mario , it wasn't physical metal sold overnight that crushed the price it was paper paper paper.
The powers that be trying to smack down gold and silver,is like trying to push a beachball under water - yes it will always come back up.Have a good day Mario.
Silver continues to be the ultimate protection I see. Seriously, this whole silver bs has turned into an absolute cult. If you have held silver since 2011 then your purchasing power has been destroyed.
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.
If the market has taught me anything, it's that it always recovers, but I can't seem to focus on the long run, when major factors like my retirement and my reserve are wreaking havoc on inflation. I require a solid data trajectory and solution as soon as possible.
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.
I sold BTC at a profit and put it in silver. I feel like BTC is close to a top. Maybe I am wrong, but I don't like that the masses are getting euphoric about Bitcoin.
If More People Would Stop Crapping On Crypto, And Just Admit They Can't Play The Game... (Which Is The Same Reason They Don't Manage Their Own Stock Portfolio) They Might Reach People On The Dangers Of Bitcoin. However, I See Nothing Wrong With The People Who Own Exotic Cars And Homes From Their Bitcoin Gains. On The Other Hand, If People Want To Keep Watching Their Retirement Holdings Tank Because They're So Risk Averse They Wish To Lose Consistently, That's Their Choice. Just Like Crypto Is Ours. Sure The Grid Could Go Down, But The Stock Exchange Could Get Blown Up. The US Gov Just Arrested A Guy Who Was Planning To Blow It Up... Everything Has A Risk, Do You Risk It For Pennies? Or For Dollars Than Can Be Traded For Gold?
@@StarfireReborn Why is it you're always here where the money is trying to peddle your wares? Why not go to the people that live paycheck to paycheck and talk them into buying some? Because those are the people in need of help, not us.
Saylor of Microstrategy has claimed that those who believe assets, other than Bitcoin,have value are deluded. He really has gone down the rabbit hole, drinking tea with the Mad Hatter.
@@paranoidandroid9825 Saylor stated that Bitcoin is crystalized energy, he is a comic is'nt he ! . Bitcoin is dissipated energy, energy used to mine it, the energy transformed into heat which is cooled in mineral oil and taken away. Evidendently Saylor was educated at MIT, so does he not know basic principles of Physics. I am sure he does, thats why he is the greatest joker of the 21st Century.
Kids are in their early 30ies and they think I am slightly unhinged buying gold. In their view, Bitcoin is King. The financial party will last forever. Youth has no memories of previous recessions or financial declines. Bitcoin will likely follow the indexes down. Enough said.
I’d add.. as a gold bug myself..gold will end up tokenized on blockchain as all commodities will. Should diversity and get some crypto but BTC is NOT the one. Have a look at XRP and XLM XDC HBAR.
I am a little worried about growth projections of funds i kept in a HYSA north of 280k, I aim to avoid FOMO. Am I better off investing into Gold as it seems stocks are a little too unstable right now? Will my money keep with inflation?
Don't put all your eggs in one basket; instead, diversify into different asset classes to mitigate risk. If you lack extensive knowledge, consult a financial advisor.
Accurate! asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed overtime.
Accurate! asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed overtime.
A secular bull in commodities while heading into the fourth turning, both happening at the end of massive credit cycle. I would be shocked if the dollar reserve status still exists by the mid 2030s. The part of the world that still works hard is clamoring for honest money.
My portfolio for the past 30 years has always been self managed and I own 3 shares of Berkshire Hathaway Class A stock (BRK:A) which I bought in at about $17,000 during the mid 90s, I'm currently liquidating some of these positions to incoporate new Gen. Stocks, but am I better off re-investing into Gold as it seems stocks are a little too unstable right now.
The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on Etfs and actively managed funds. I am up by 418% in 1 year under guidance.
Awesome.. Please I would love to know or get in touch with your investment advisor. I could really use such expertise in growing my portfolio now that the entire markets is uncertain
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me,Stacy Lynn Staples turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
Mario, the 2y just went back above the 10y for the first time in about two and a half months. The 30d looks like it wants to once again run away from the 30y. The long end of the bond curve is going to zero. Get ready for nosebleed level yield curve inversions. Think about what $36t having to be refinanced into 30d T-Bills is going to look like.
I raised 51k and Maria Luisa Clare is to be thanked. I got my self my dream car 🚗 just last weekend, My journey with her started after my best friend came back from New York and saw me suffering in dept then told me about her and how to change my life through her. Maria L. Clare is the kind of person one needs in his or her life! I got a home, a good wife, and a beautiful daughter. Note: this is not a promotion but me trying to make a point that no matter what happens, always have faith and keep living!
Great video, Mario. Bitcoin is a type of fiat currency. I agree that commodities are off to the races. Stocks & bonds, too, but in the other direction. Cheers.
@maneco64 have you signed the petition? Nearly 2 million have. Not sure it's going to make much difference but the crew we have now are terrible. Take care Mario
It's interesting how we've seen gold and bonds reverse their correlation. It used to be they both dropped on "risk on" days and rose on "risk off" days with the conventional logic being that higher yields (lower bond prices) made bonds more faborable than yield-free gold and thus gold would move in the same direction as bonds. But since the Fed started cutting, inflation risk has been priced into the long end so that higher yields now indicate the bond market isn't as safe as people thought and gold's bid has been as an alternative safe haven. So on a day like today when the market perceives treasuries are safer than were yeaterday, as though the right central planner can prevent the inevitable, gold sells off.
In my area it seems that the government plan is to make taxes so high that we cannot afford to stay in our homes. Then Blackrock will come in and buy it all
I just don't see commodities going that bullish in this global economy. You can't be warning about a recession constantly and also say resource demand is going to explode. Probably just trend horizontally. As far as silver goes. It's long since become industrial with any monetary relevance a distant memory. Govts, banks, and corporations will always control its cost.
Crypto is a hope and prayer nothing physical about it. One good and strong solar EMP coupled with ionized atmosphere we are stone age...hold your crypto or hold physical. You can bet crypto is the fiat game. Anytime you sell and walk away with a profit you win.
If There's No Power Or Water, Money Will Be The Last Of Your Worries. Yes, Crypto Can Be Wiped Away, So Can Your Life. Might As Well Enjoy It, Stop Being So Risk Averse.
I heard without central banks and free (virtually, if not literally) paper currency for govt treasuries, prices for goods and services *_"go down"_* naturally (like in the 1800's) due to improved efficiency. Take away the thieves and everyone automatically prospers over time as prices continue to fall. Seems logical.
Yes. It should make sense that with labor saving inventions and evolving improved efficiencies that the standard of living would go up. As it did in the 19th Century. America now spends one Trillion dollars to service the national debt. (And that cost is rising). It looks like it's Trump or Bust! God help him!
Just One Small Example Of This Is Yarn. Wool Is One Of The Most Plentiful Clothing Resources, Requiring Very Little Effort. There Are So Many Mills And Dyers That In A Natural Market, Each Measure Of Yarn Would Be Around $7-8. However Nobody Understands Supply And Demand, And Each Measure Is Around $29-30. Whether Shipped To You Or Local Spun And Dyed. With So Much Supply The Prices Should Be Moderate. Food Is Nearly Similar. Eggs Are Everywhere, But Still $5-6/doz? Our Large Grocers Source Local Food From Local Farms. There Will Never Be A Shortage Of Breads, Cheese, Beer, Meats, Eggs, Milk & Dairy Products... But Everything Is A Niche Product Now. In A Free Market, The Cost Of Artisan Cheese Would Not Be $10/half lb -When There Are 50 Artisan Brands Alongside It And Countless Commercial Brands. Reality Has To Become Real Again, I Hope It Does, Soon.
Of course they are likely to print & spend to snuff out a 2008 type crisis. But how much longer can they do this? At some point it has to blow? Yes/no?
@@davidcoard1978 Funny, Because Whenever I See The People Who've Cashed In On Bitcoin, They're Driving Nice Cars And Owning Homes. I'm Not Knocking Gold, In Fact That's Where You Put Your Wealth Once You've Cashed Out Bitcoin. But You Have To Make Money Before You Invest It In A Store Of Wealth. Don't Knock Bitcoin, It Has A Purpose If The Brave Seek It.
I Voted For Trump, Again... I Have Hope That Things Will Change. But Just In Case, I Stack All The Metals One Must When Faced With A Known Collapse. The Young Are More Swayed By The Glitz And Glamour Of Politics, And The Old Are Bought In... I Can Only Pray That The Will To Make Change And Be Rebellious To The System Is What Makes These New Bloods Defiant In The Face Of Centuries Of Oligarchical Behavior, Tradition, And Rituals.
Could the gold sell off be caused by the Chinese discovery of large Gold deposits? I think that was announced on Sunday? 1000 tons of gold found apparently, but up to 3km deep 🤷♂️
These stories come out all the time but never have an impact because they ignore economics. 10,000,000 tons of gold is worthless if it costs $3000 an ounse to mine. The stories never talk about that.
@@kaznika6584 I Came Here To Say That. The Energy And Pollution Caused By Gold Mining, Makes Crypto Look Like A Saint. 😅 Other Things The Stories Never Mention. 🤷🏽♀️
Gold Is What You Buy With Your Crypto Earnings. Each Has It's Own Benefits And Risks. Gold Is Heavy, And Has To Be Hidden If You Have Enough. I Heard From One Man In North Carolina That His Dirty Man Safe Was Actually Washed Away. I Suppose, Everything Is A Risk, And You Have To Decide Which Risk Benefits You More. Do You Hold Your Gold, Or Store It. Do You Invest In Crypto Or Watch Everyone Else Ride That Wave? Everything Can Be Gone In An Instant. Might As Well Enjoy Your Life And Roll With The Punches.
Market cap on gold is estimated at 18 trillion. Silver Market cap is estimated at 1.7 trillion. BTC market cap is 1.9 trillion. Estimated is the key word, because Silver & Gold are easy to hide and don’t need an internet to work. BTC isn’t estimated, it is known, BUT it is speculative and has no intrinsic value. BTC is the modern day Tulip craze.
Cypto is a huge, conditioning psyop for CBDC. If that wasn't bad enough, BTC is a derivative of fiat...which is more worthless by the day. The only upside to crypto is that you won't need a wheelbarrow to haul it around when trying to buy a loaf of bread. 😂
@@Joel-ym3ij Tulips... Again? You're All Saying The Same Thing. It's Okay To Be Wrong. Bitcoin Is A Tool Of Wealth Creation, And Gold Is Where You Put That Wealth. It's No Different Than Playing The Stock Market. Try And Cheer Up.
Yes. It is getting near the top. If it gets back to near its all time high this week, I will sell everything. I expect a significant correction. If it doesn't get back, I have missed the top and will have to go along for the ride and hold.🤪
![Global Capitalism: Europe 2024: Disunity, Decline, Despair [February 2024]](http://i.ytimg.com/vi/8OB4p4_Sr0w/mqdefault.jpg)
They always smash metals when liquidity is lowest, but all they are doing is making it easy for the metals to move from West to east.
Theft of the country
The banks may be able to spoof the metals markets for a while longer but the society around us and the trust in government and the banksters is still in major collapse and will continue. As you say Mario , it wasn't physical metal sold overnight that crushed the price it was paper paper paper.
The powers that be trying to smack down gold and silver,is like trying to push a beachball under water - yes it will always come back up.Have a good day Mario.
Why do the powers that be all speak in Yiddish?
The Kommunist Boomer channel tried hard to prop up Kommie properties Ponzey. Good luck w that.
Start with ONE CHILD POLICY DEBACLE
Bitcoins are modern "Tulips".
Bitcoin is backed by US government and US treasuries (Tether)
Maybe so but I own some just in case they spring blossom.
Well, tell that to the people buying hundreds of acres of land and cars and shit with bitcoin. Meanwhile gold has only beat the effects of inflation
Yes, and Michael Saylor is the greatest joker of the 21st Century. I love listening to his gobbledygook speak
The Tulip Run only lasted a few years Bitcoin has been on the up for over 15 years.
Let them slam.. we know whats coming. Have a great week all, bless all
What's coming genius? metals getting hammered even more?😂
Silver continues to be the ultimate protection I see.
Seriously, this whole silver bs has turned into an absolute cult. If you have held silver since 2011 then your purchasing power has been destroyed.
Congratulations GB on your petition! We’re watching on Tousi TV UT
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.
Sandy Barclays program is widely available online..
If the market has taught me anything, it's that it always recovers, but I can't seem to focus on the long run, when major factors like my retirement and my reserve are wreaking havoc on inflation. I require a solid data trajectory and solution as soon as possible.
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.
Sandy gave me the autonomy I need to learn at my own pace and ask questions when I need to she’s so accommodating.
Best signal provider in the market. Knowledgeable, level headed no loss like some other traders who recently jumped on the bandwagon.
I sold BTC at a profit and put it in silver. I feel like BTC is close to a top. Maybe I am wrong, but I don't like that the masses are getting euphoric about Bitcoin.
You did a good thing!
I’m selling btc for silver just over $100 and hope silver dips under $30 one last time 🎉
i think you may have made a very smart decision. There is never a bad time to take profit and i wish you well.
Did you consult with your shoe shine boy? 🤔
Smart move. Crypto is a government Ponzi scheme.
Uk Citizens- (Government Petitions) Call a General Election closing in on 2,000,000 signatures now
..please sir, may we have some more.....
Poor kiers ego taking a pounding 😊
yeah,more voting gotta fix it,VOTE HARDER!!! the absolute state of britbongs
2,130,000 130,000 added in 2 hrs.
it will not matter ( see USA picks).lol The law as you know it is corrupted and bought.
I have to agree with u gold is the way to go.
Great video maneco,excellent info, I'm just gonna keep stacking with every spare penny I have, it will come good.
The Plunge Protection Team (The President's Working Group on Markets) has a long history of slamming Au & Ag.
they can only slam it with increasingly worthless paper.
Mr Slammy is running out of strength....
He did nothing last time...why will that change this time? Bought and paid for.
Mario, thank you for this reassurance. Hello from Taiwan.
"Some things are just beneath us." - Charlie Munger referring to crapto.
If More People Would Stop Crapping On Crypto, And Just Admit They Can't Play The Game... (Which Is The Same Reason They Don't Manage Their Own Stock Portfolio) They Might Reach People On The Dangers Of Bitcoin. However, I See Nothing Wrong With The People Who Own Exotic Cars And Homes From Their Bitcoin Gains. On The Other Hand, If People Want To Keep Watching Their Retirement Holdings Tank Because They're So Risk Averse They Wish To Lose Consistently, That's Their Choice. Just Like Crypto Is Ours. Sure The Grid Could Go Down, But The Stock Exchange Could Get Blown Up. The US Gov Just Arrested A Guy Who Was Planning To Blow It Up... Everything Has A Risk, Do You Risk It For Pennies? Or For Dollars Than Can Be Traded For Gold?
@@StarfireReborn I don't own any and I am doing just fine. I own property and I'm buying more.
@@StarfireReborn Why is it you're always here where the money is trying to peddle your wares? Why not go to the people that live paycheck to paycheck and talk them into buying some? Because those are the people in need of help, not us.
Saylor of Microstrategy has claimed that those who believe assets, other than Bitcoin,have value are deluded.
He really has gone down the rabbit hole, drinking tea with the Mad Hatter.
Energy is what gives something VALUE but what’s it’s WORTH who knows.
@@paranoidandroid9825 Saylor stated that Bitcoin is crystalized energy, he is a comic is'nt he !
. Bitcoin is dissipated energy, energy used to mine it, the energy transformed into heat which is cooled in mineral oil and taken away. Evidendently Saylor was educated at MIT, so does he not know basic principles of Physics. I am sure he does, thats why he is the greatest joker of the 21st Century.
@@paranoidandroid9825Energy is too volatile to be money.
Yep but rich and will become richer.
@@paranoidandroid9825. But how? Whats the rational? Puzzled! Why invest in Bitcoin indirectly using Microstrategy at 4 times the cost of BTC?
Kids are in their early 30ies and they think I am slightly unhinged buying gold. In their view, Bitcoin is King. The financial party will last forever. Youth has no memories of previous recessions or financial declines. Bitcoin will likely follow the indexes down. Enough said.
@14Unow i dint quite understand why there is so much rivalry between crypto people and goldbugs.... you can own both... many people do
A lot of people have made a lot of money in Bitcoin but so didn’t many in every bubble….. then big losses.
@@danp8241and you SHOULD own both!
Bitcoiners are just super bullish right now. They think Btc will just run through everything.
I’d add.. as a gold bug myself..gold will end up tokenized on blockchain as all commodities will. Should diversity and get some crypto but BTC is NOT the one. Have a look at XRP and XLM XDC HBAR.
Over weekend Russia launches new hypersonic balistic missle and us says they have emergency talks and then metals sell off.... thats not normal
@@towncenter7602 it was a hypersonic ballistic shovel. Get your facts straight
Who really knows
Basel never sleeps...
Watch almost every day
Listing to is like a breath of fresh air.thanks
Thanks Mario. Au stores wealth. As economy unwinds, it will spring up.
Seek Christ who offers eternal security.😊
Excellent report 👍👍👍👍👍👍
趁低搶進金銀幣而不是比特幣！！！
比特幣價格快要歸零！！！
Top man Mario.
Silver and gold getting absolutely decimated this am.
Yes how ironic
Comex futures end of month expiry tomorrow.
Opportunity to buy
Lesson - do not invest in just one asset. Retailer investors are being suckered
I am a little worried about growth projections of funds i kept in a HYSA north of 280k, I aim to avoid FOMO. Am I better off investing into Gold as it seems stocks are a little too unstable right now? Will my money keep with inflation?
Don't put all your eggs in one basket; instead, diversify into different asset classes to mitigate risk. If you lack extensive knowledge, consult a financial advisor.
Accurate! asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed overtime.
Accurate! asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed overtime.
@clementdan That's incredible. Could you recommend who you work with? I really could use some help at this moment.
Monica Mary Strigle is the NY-based advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
A secular bull in commodities while heading into the fourth turning, both happening at the end of massive credit cycle. I would be shocked if the dollar reserve status still exists by the mid 2030s. The part of the world that still works hard is clamoring for honest money.
Dollas dollas dollas
My portfolio for the past 30 years has always been self managed and I own 3 shares of Berkshire Hathaway Class A stock (BRK:A) which I bought in at about $17,000 during the mid 90s, I'm currently liquidating some of these positions to incoporate new Gen. Stocks, but am I better off re-investing into Gold as it seems stocks are a little too unstable right now.
Invest in real estate, gold , ETfs and high-yield savings account.
The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on Etfs and actively managed funds. I am up by 418% in 1 year under guidance.
Awesome.. Please I would love to know or get in touch with your investment advisor. I could really use such expertise in growing my portfolio now that the entire markets is uncertain
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me,Stacy Lynn Staples turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you
Believe them when they tell you who they are.
Mario, the 2y just went back above the 10y for the first time in about two and a half months. The 30d looks like it wants to once again run away from the 30y. The long end of the bond curve is going to zero. Get ready for nosebleed level yield curve inversions. Think about what $36t having to be refinanced into 30d T-Bills is going to look like.
Best wishes to Romania going into next round of voting!!
Vote harder😂
I'm just a chill guy with my $51K biweekly and not bothered about anything else anymore!!!
I'm feeling really motivated.
Could you share some details about the bi-weekly topic you brought up?
I raised 51k and Maria Luisa Clare is to be thanked. I got my self my dream car 🚗 just last weekend, My journey with her started after my best friend came back from New York and saw me suffering in dept then told me about her and how to change my life through her. Maria L. Clare is the kind of person one needs in his or her life! I got a home, a good wife, and a beautiful daughter. Note: this is not a promotion but me trying to make a point that no matter what happens, always have faith and keep living!
Wow 😱 I know her too!
Miss Maria Luisa Clare is a remarkable individual whom has brought immense positivity and inspiration into my life.
I got started with a miserly $1500. The results have been mind blowing I must say TBH!!
Great video, Mario. Bitcoin is a type of fiat currency. I agree that commodities are off to the races. Stocks & bonds, too, but in the other direction. Cheers.
Good morning Mario, Rudy, and everyone! ☕️☀️
I think silver shorts are unwinding this morning; getting ready for the next leg up.
Apparently all commodities will soon be worth 0 bitcoin as it goes to infinity
Bs
Good morning Mario and family 👍
Hello 👋
@maneco64 have you signed the petition? Nearly 2 million have. Not sure it's going to make much difference but the crew we have now are terrible.
Take care Mario
Mario, nothing wrong with gold, it's just black Friday coming. ♥
It's interesting how we've seen gold and bonds reverse their correlation. It used to be they both dropped on "risk on" days and rose on "risk off" days with the conventional logic being that higher yields (lower bond prices) made bonds more faborable than yield-free gold and thus gold would move in the same direction as bonds.
But since the Fed started cutting, inflation risk has been priced into the long end so that higher yields now indicate the bond market isn't as safe as people thought and gold's bid has been as an alternative safe haven. So on a day like today when the market perceives treasuries are safer than were yeaterday, as though the right central planner can prevent the inevitable, gold sells off.
❤ good morning ☀️ everyone ☕️
Gold - CB Driven.
Bitcoin - ETF driven.
Wen retail??🤔
Happy Monday Mario and Rudy! 🙂
Morning
Greetings from Rollins College.
Hello there!
Afternoon Mario and Rudy
I’m selling btc for silver just over $100 and hope silver dips under $30 one last time 🎉
Who is the consumer,,,, robots????? Godspeed
In my area it seems that the government plan is to make taxes so high that we cannot afford to stay in our homes. Then Blackrock will come in and buy it all
It's Sad That I Can't Tell Where You Live From Your Comment.
Black+ock Is Everywhere It Seems.
And Buying Everything With The Pandemic Gains.
Did you notice the US 2/10 year look like they’re reinventing?
I just don't see commodities going that bullish in this global economy. You can't be warning about a recession constantly and also say resource demand is going to explode. Probably just trend horizontally. As far as silver goes. It's long since become industrial with any monetary relevance a distant memory. Govts, banks, and corporations will always control its cost.
Thank you Mario! Be blessed!
YOU ARE MORE THAN WELCOME MARIO. THANK YOU FOR THE EFFORT IN PROVIDING EXELLENT INFORMATION TO US ALL. MORE RAFI HAHA
Won't most commodities suffer from a lack of demand during a worldwide economic depression?
Good morning Mario, Rudy
Good morning M and R
Good morning!
Good morning Mario! Hope you and your family are doing well, Rudy too.
Thanks Mario 😎
Crypto is a hope and prayer nothing physical about it. One good and strong solar EMP coupled with ionized atmosphere we are stone age...hold your crypto or hold physical. You can bet crypto is the fiat game. Anytime you sell and walk away with a profit you win.
If There's No Power Or Water, Money Will Be The Last Of Your Worries. Yes, Crypto Can Be Wiped Away, So Can Your Life. Might As Well Enjoy It, Stop Being So Risk Averse.
I heard without central banks and free (virtually, if not literally) paper currency for govt treasuries, prices for goods and services *_"go down"_* naturally (like in the 1800's) due to improved efficiency. Take away the thieves and everyone automatically prospers over time as prices continue to fall. Seems logical.
Yes. It should make sense that with labor saving inventions and evolving improved efficiencies that the standard of living would go up. As it did in the 19th Century. America now spends one Trillion dollars to service the national debt. (And that cost is rising). It looks like it's Trump or Bust! God help him!
Just One Small Example Of This Is Yarn.
Wool Is One Of The Most Plentiful Clothing Resources, Requiring Very Little Effort. There Are So Many Mills And Dyers That In A Natural Market, Each Measure Of Yarn Would Be Around $7-8. However Nobody Understands Supply And Demand, And Each Measure Is Around $29-30. Whether Shipped To You Or Local Spun And Dyed. With So Much Supply The Prices Should Be Moderate. Food Is Nearly Similar. Eggs Are Everywhere, But Still $5-6/doz? Our Large Grocers Source Local Food From Local Farms. There Will Never Be A Shortage Of Breads, Cheese, Beer, Meats, Eggs, Milk & Dairy Products... But Everything Is A Niche Product Now. In A Free Market, The Cost Of Artisan Cheese Would Not Be $10/half lb -When There Are 50 Artisan Brands Alongside It And Countless Commercial Brands. Reality Has To Become Real Again, I Hope It Does, Soon.
Selloff could be a profit taking.
Of course they are likely to print & spend to snuff out a 2008 type crisis.
But how much longer can they do this?
At some point it has to blow? Yes/no?
To whom is the national debt owed?
Believe it is options exploration...that would be why.
Silver looks bearish on the micro and bullish af on the macro. Stay down so I can buy more low.
Morning Mario and Rudy
treasury secretary is out. interesting.
Bull 💵 out of steam.... flatline the crb............
War hit people looking at a screen.
TIMEBANKs 🕛
Morning Mario
Good information
Watch out Mario the men in suits might call on you..
Of Course they did Gold dipped heavily in Early Trading probably a sell Forward event Gold got smacked bad.😅
I'm sure all the gold jewlery shops put all the jewlery prices down. Hopeful thinking.
Merit
There’s still no yield in gold and silver is there without spending a lifetime of holding? It really is just a store of value?
Bitcoin is getting to 100k. What's the best way to profit from crypto trading
Hello I'm a newbie and I've lost a lot of money investing on my own. Please can you advise on how to go about this?
Could you please explain how beginners like me can start making this much 😢
As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided by a widely known crypto consultant
She is Emiline George
Emiline George is considered a key Crypto Strategist with one of the best copy Trading Portfolios and also very active in the cryptocurrency space.
remember the people who are attracted to BTC, are not the most financially successful people on earth....
To be brutal, they look like down and outs
@@davidcoard1978 Funny, Because Whenever I See The People Who've Cashed In On Bitcoin, They're Driving Nice Cars And Owning Homes. I'm Not Knocking Gold, In Fact That's Where You Put Your Wealth Once You've Cashed Out Bitcoin. But You Have To Make Money Before You Invest It In A Store Of Wealth. Don't Knock Bitcoin, It Has A Purpose If The Brave Seek It.
Always enjoy the show. Crypto col
trumps picks - outside the beltway = new blood / not that old turtle
I Voted For Trump, Again... I Have Hope That Things Will Change. But Just In Case, I Stack All The Metals One Must When Faced With A Known Collapse. The Young Are More Swayed By The Glitz And Glamour Of Politics, And The Old Are Bought In... I Can Only Pray That The Will To Make Change And Be Rebellious To The System Is What Makes These New Bloods Defiant In The Face Of Centuries Of Oligarchical Behavior, Tradition, And Rituals.
Bom dia Mario e Rudolfo
COBBLERS TO YOUR PREDICTIONS. YOUR DESTRUCTION, IS NIGH AND YOUR CONCERN IS GOLD AND SILVER.
I Think You Need A Cup Of Tea Love.
Shouting In All Caps Won't Change Minds.
Could the gold sell off be caused by the Chinese discovery of large Gold deposits? I think that was announced on Sunday? 1000 tons of gold found apparently, but up to 3km deep 🤷♂️
Well considering that Chynah holds between 32/38.000T already I don't see that moving the world market price.
These stories come out all the time but never have an impact because they ignore economics.
10,000,000 tons of gold is worthless if it costs $3000 an ounse to mine. The stories never talk about that.
@@kaznika6584 I Came Here To Say That. The Energy And Pollution Caused By Gold Mining, Makes Crypto Look Like A Saint. 😅 Other Things The Stories Never Mention. 🤷🏽♀️
Going to be hard to rescue British business. Crypto col.
👍👍👍👍👍
18.6 year real estate cycle based on 200 years of data
Sure seems you don’t base your views to that enough
Goodo
Bull
Bitcoin to lead the way as it looks. Better own both
Rudy is getting big like my crypto portfolio! Blessings Mario and family!!
gold and silver beat down again, bitcoin to the moon , we know what the real gold is .
Gold and silver will never reach the heights that Bitcoin has.
Gold Is What You Buy With Your Crypto Earnings. Each Has It's Own Benefits And Risks. Gold Is Heavy, And Has To Be Hidden If You Have Enough. I Heard From One Man In North Carolina That His Dirty Man Safe Was Actually Washed Away.
I Suppose, Everything Is A Risk, And You Have To Decide Which Risk Benefits You More. Do You Hold Your Gold, Or Store It. Do You Invest In Crypto Or Watch Everyone Else Ride That Wave? Everything Can Be Gone In An Instant. Might As Well Enjoy Your Life And Roll With The Punches.
Why would the BIS care about gold and silver anymore when all eyes are on BTC? Gold and silver will never make the same highs as Bitcoin…. Never….
Market cap on gold is estimated at 18 trillion. Silver Market cap is estimated at 1.7 trillion. BTC market cap is 1.9 trillion. Estimated is the key word, because Silver & Gold are easy to hide and don’t need an internet to work. BTC isn’t estimated, it is known, BUT it is speculative and has no intrinsic value. BTC is the modern day Tulip craze.
Cypto is a huge, conditioning psyop for CBDC. If that wasn't bad enough, BTC is a derivative of fiat...which is more worthless by the day. The only upside to crypto is that you won't need a wheelbarrow to haul it around when trying to buy a loaf of bread. 😂
@@Joel-ym3ij Tulips... Again? You're All Saying The Same Thing. It's Okay To Be Wrong. Bitcoin Is A Tool Of Wealth Creation, And Gold Is Where You Put That Wealth. It's No Different Than Playing The Stock Market. Try And Cheer Up.
Morning Mario and Rudy ☕
Gold dipped this morning quite steep 🪙
Yes. It is getting near the top. If it gets back to near its all time high this week, I will sell everything. I expect a significant correction. If it doesn't get back, I have missed the top and will have to go along for the ride and hold.🤪
Mario check out the book Who owns the world. Buy Kevin Cahill.