He should probably let BRICS know how bad of an investment they are making with their recent multi ton purchases to finance their own world currency. It’s more likely, I believe, that the lower cost is a manipulated window for discounted purchases prior to the coming currency wars.
Gold won't fall much compared to the stock market. Believe me when I say Jim Rickards is much more intelligent than this clown 🤡. Central Banks would not be piling into a declining asset. Inflation is not going away these morons don't even shop for themselves.
@@rudeawakening3833 yes 5y ago he was predicting gold will crash! i followed him many years on twitter! constantly wrong i still cant understand how he can be a financial advisor 🤷🏻♂️
@@sachasurlan9763 Thank you for your response . To your point ; THAT is very puzzling that he is one at all . I am not “ in the know “ about financial advisor’s credentials , certifications , etc . It just bothers me , as an “ older “ citizen , to read and hear about people being led up the wrong path , and loosing hard earned savings - having been victim to this myself . Peace ☮️
@@rudeawakening3833 I'm "of an age" too, but I'm not buying into mere "business cycles" with all of the forces arrayed in favor of gold going up over it going down. The world, civilization even, is dangling over a precipice full of uncertainty and 3/4 of the world's population lives in countries that have been buying up gold on the cheap over this past decade, especially Russia and China, the leaders of the BRICS and BRICS + countries. These are forces far beyond any graph of business cycles or 'patterns' as this guest suggests.
My 2¢: Now that the west is all in on going "green", the dollar might lose it's status as the sole global reserve currency. 80% of the world don't give a rats ass about "decarbonization", they need the 3Fs, fuel, food and fertilizers. OPEC+ will likely wants the Petro dollar replaced by a BRIC currency (CBDC?). This shift will force a run from the (already inflated) dollar and make it practically worthless. The new reserve currency might be gold backed, hence the huge hunger for gold from Russia, China and India. This may also make gold more valuable. Another reason for gold going up is the mining and metals workforce aging and the looming retirement of experienced employees. At he same time the need to mine for rare earth metals is high due to the western "electrification project".
We should have been in a recession in 2019/2020. But the money printers are just pushing the fall in front of us, making the inevitable descent even more steep...
Approx 6 years ago when gold was at 1200 he was betting the house on it going to 800. He laughed at people who were bullish on gold fundamentals. This guy is a charlatan and con artist who charges folk for his investment advice.
Yes, the saying in English is just as you translated, "From your lips to God's ear". What Henrik is saying is not fundamentally different from what many have been saying for at least 6 months. I just do not count on myself being able to access the metal during that brief interlude where it is crashing. The old saw "better 6 months early than one day late" comes to mind.
I appreciate the Dollar price of gold could drop to the forecasted levels. But it seems the world is buying vast quantities at the moment. Perhaps if there is a shortage confounded by people 'backing up the truck' at $1200 then premiums will be very, very high?
So dollar to 94 and then 120. Gold to 1200 possibly 800. And all this before beginning of 2024? Look how “stuck” gold is around 1800. It really doesn’t wanna budge from there. 1200 is a pretty’s unlikely move within 12 months especially if we are in a equities bull market!!
One of the things that Jim Roger's always states in his interviews "I'm waiting for the price to come down and then I will add more". Jim is very wealthy due to commodities trading. He knows there will be a crash in the market and wants to buy at rock bottom. He is always indicating that the price will come up after that.
Henrik is confident, I give him that. I don’t agree with alot of his thinking. Henrik mentioned deflation alot. Not sure if he meant disinflation. Central banks won’t unwind the huge amounts of money created during pandemic for gold to go back to $1200. I don’t see gold going down whilst governments continue annual deficit spending and needing to issue new debt to pay back old debt.
I'LL TELL YOU THIS MUCH, SILVER CANT GO DOWN ENOUGH TO SCARE ME INTO PANICKING AND SELLING MY LITTLE STASH OF SILVER. IF I LOSE EVERYTHING ITS NOT ENOUGH TO FREAK OUT. IF IT GOES WAY DOWN I WILL JUST BUY MORE. IF I HAD THE MONEY TO BUY A BIG AMOUNT OF SILVER IT WOULD ALL BE GONE BEFORE I COULD GET ENOUGH TO MATTER. IM COOL IF I CAN GET A BIT THAT WOULD BE NICE BUT IM NOT A BIG MONEY GUY SO I GET A FEW HERE AND THERE.
Stocks are falling and bond yields are rising, but markets still don't seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $150,000 stock portfolio, what's the best way to take advantage of this bear market?
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Harriet DICKSON
Wow that's an awesome returns of investment, indeed there's a lot of money to be made in crypto markets trading, I guess it has to be with right people around you. Can you recommend her to me as well? How do I get to her?
Most people think, investing in crypto is all about buying coins and leaving it to rise, come on it takes much analysis to be a successful crypto trader.
Sorry, not buying what he is selling. I am staying defensive. The cost is small and the potential value is great. DAX up 30% since October says nothing about where it will be 6 months from now!
Zeberg probably has the most consistently wrong stretch of bad calls I've come across in the macro pundit pool. I don't think he could be worse if he tried. Steer clear.
Did history indicate or predict a global plandemic? Have we ever had a global debt crises or depression? I think it’s safe to dollar cost average into metals. God bless and good luck to you all in your journey.
Naw. I don't think so, not with the historic political-geographic table stakes right now. The "patterns" he holds as sacrosanct are nothing in the face of our contemporary realities. Patterns go "POOF!" in an instant with any of the forces lined up against "normal" in this new world. Too many unpredictabilities to go along with the certainty of a world awash in unsustainable and for most, unimaginable debt in the quadrillions of USDs. At some point, and I believe soon enough, "POOF!" will rule the day and likely usher in times of unrelenting despair. And that's only if someone doesn't accidentally or intentionally begin the nuclear missile fusillade. We're in strange, alien territory, unpredictable at best. I can't live my life by a paradigm of 'patterns' that once were. It's a whole new ball game.
A gold crash is expected, the WEF/Central banks need to create this cycle to force Digital IDs and programmable CBDCs, however they will not be able to hold the price down. They are working hard to create the worlds largest black market system.
Inflation will take off again soon, its small decline being only a temporary phenomenon. Gold's price will continue with its upwrad trend even if there are short term declines, as in some years after 2004. Money printing will continue, bonds are risky assets now and their real yield is negative. He talks about bonds as if their yield is in real terms! In fact even interest rates are low given their real value is negative and they are not going to have too much effectiveness in stopping inflation. In the meantime everybody, including this guy, talks as if the economy is moving with the same background in the back as always. He talks about ups and downs. Wrong, we are all sitting now on a bomb called world debt and it is mathematically certain that one way or another it will explode. There is no yway governments can service their debt without printing and they will keep inflation high. If interest rates start going up more rapidly, then this policy reaches a limit and then...defaults are on their way. Gold will remain attractive and if one wants to play the stockmarket too with good companies, surviving and succeeding that's fine too.
You obviously haven't done your research on fiat currencies, and realize how many times our economy has crashed, and had to be saved, because of its de-tachment to Gold. Do some research
Really man? Why would you have a bear market if not a recession? How about 5% rates compared to 0%? How about falling money supply....which is a rare phenomenon. Does he really think the stock market ran so high during covid because the economy was good? So what this guy is saying is that he has been on the wrong side of the trade the whole time. Good luck buddy. Just so he knows.....you go in the market after rates bottom, not before.
The real problem will start with the sale of 20000 trillion securities, when we have several billion dollars printed, in order to convert these securities into valuable goods such as $5 billion in gold, $0.2 billion in silver, these securities must first be sold and converted into dollars, which in this amount will have to be printed. In addition, we have twice as many debt securities in $.. These will be mountains of dollars without the possibility of converting into real goods...
I hope gold does “crash” to 1200. I don’t think it will, but I sure hope it does. I’ll be buying hand over fist. What I’m hearing here Henrique is that liquidity is king, inflation is bullish, the banks are going to save us and gold, while note worthy is still a barbarous relic and what’s more, gold is a buzz kill.
He should probably let BRICS know how bad of an investment they are making with their recent multi ton purchases to finance their own world currency. It’s more likely, I believe, that the lower cost is a manipulated window for discounted purchases prior to the coming currency wars.
Gold won't fall much compared to the stock market. Believe me when I say Jim Rickards is much more intelligent than this clown 🤡. Central Banks would not be piling into a declining asset. Inflation is not going away these morons don't even shop for themselves.
Agree. And it is a window essentially none of us will be able to utilize. So get it now!
Goldilock Phase?!?! Lower inflation?!?!?!?! What the heck is this guy smoking?!?!?!
He even said the economy is strong 🤣🤣
He was calling for $800 gold a few years ago. Now $1200......what's the next call?
I know right....dude is full of crap
The notion that gold is getting crushed while the equity market rises is laughable.
this guy is just a joke and now kai as well
3 years ago this guy prediticted gold is going to 500😂
never saw a guy who is always so wrong
Thank you for your comment. At 3:25 I thought "is it just me?"
I have never heard of him .
So please share - he has made outlandish claims in the past and has been terribly wrong ?
@@rudeawakening3833 yes 5y ago he was predicting gold will crash!
i followed him many years on twitter! constantly wrong i still cant understand how he can be a financial advisor 🤷🏻♂️
@@sachasurlan9763
Thank you for your response .
To your point ; THAT is very puzzling that he is one at all .
I am not “ in the know “ about financial advisor’s credentials , certifications , etc .
It just bothers me , as an “ older “
citizen , to read and hear about people being led up the wrong path , and loosing hard earned savings - having been victim to this myself .
Peace ☮️
@@rudeawakening3833 I'm "of an age" too, but I'm not buying into mere "business cycles" with all of the forces arrayed in favor of gold going up over it going down. The world, civilization even, is dangling over a precipice full of uncertainty and 3/4 of the world's population lives in countries that have been buying up gold on the cheap over this past decade, especially Russia and China, the leaders of the BRICS and BRICS + countries. These are forces far beyond any graph of business cycles or 'patterns' as this guest suggests.
My 2¢:
Now that the west is all in on going "green", the dollar might lose it's status as the sole global reserve currency. 80% of the world don't give a rats ass about "decarbonization", they need the 3Fs, fuel, food and fertilizers. OPEC+ will likely wants the Petro dollar replaced by a BRIC currency (CBDC?).
This shift will force a run from the (already inflated) dollar and make it practically worthless.
The new reserve currency might be gold backed, hence the huge hunger for gold from Russia, China and India. This may also make gold more valuable.
Another reason for gold going up is the mining and metals workforce aging and the looming retirement of experienced employees. At he same time the need to mine for rare earth metals is high due to the western "electrification project".
Inflation is not going down...
We should have been in a recession in 2019/2020. But the money printers are just pushing the fall in front of us, making the inevitable descent even more steep...
Today Gold is looking good
Us dollar is dying many country dump us doller
I would love to see gold get taken down as collateral damage in an equities decline. I’d like to add more gold.
why not add more equities?
Approx 6 years ago when gold was at 1200 he was betting the house on it going to 800. He laughed at people who were bullish on gold fundamentals. This guy is a charlatan and con artist who charges folk for his investment advice.
Or he is being funded to put out misinformation.
As I recall, he made the same sort of wild prediction a few years back. None of it came true.
Yes, the saying in English is just as you translated, "From your lips to God's ear".
What Henrik is saying is not fundamentally different from what many have been saying for at least 6 months. I just do not count on myself being able to access the metal during that brief interlude where it is crashing.
The old saw "better 6 months early than one day late" comes to mind.
I appreciate the Dollar price of gold could drop to the forecasted levels. But it seems the world is buying vast quantities at the moment. Perhaps if there is a shortage confounded by people 'backing up the truck' at $1200 then premiums will be very, very high?
Yeah,but for them to buy,somebody has to sell,so really u can't take a lot of notice of that!
So dollar to 94 and then 120. Gold to 1200 possibly 800. And all this before beginning of 2024? Look how “stuck” gold is around 1800. It really doesn’t wanna budge from there. 1200 is a pretty’s unlikely move within 12 months especially if we are in a equities bull market!!
His forecast is the biggest bllsht I have heard in a long time.
As he said "we have an economy that is strong"....I was out.
You'll regret doubting him
Banks failing left and right. Liquidity issues galore. Gold and BTC are likely very safe plays.
this price prediction hasnt aged well
One of the things that Jim Roger's always states in his interviews "I'm waiting for the price to come down and then I will add more". Jim is very wealthy due to commodities trading. He knows there will be a crash in the market and wants to buy at rock bottom. He is always indicating that the price will come up after that.
Henrik is confident, I give him that. I don’t agree with alot of his thinking. Henrik mentioned deflation alot. Not sure if he meant disinflation. Central banks won’t unwind the huge amounts of money created during pandemic for gold to go back to $1200. I don’t see gold going down whilst governments continue annual deficit spending and needing to issue new debt to pay back old debt.
Even if gold went to 1200 it just won't be available
So the worthless crypto’s are going to run while gold crashes $900 an ounce. So dumb
what is the dixie?
dxy, dollar index
This didn’t age well
Enjoyed that one. I hear a lot of bears lately. It’s good to hear strong arguments on both sides. Thank you!
Gold not to rise greatly until July. The Fed pivots and opens the rise
The lower the better I’ll keep buying
Apparently the bubble isn’t big enough to burst yet
I'LL TELL YOU THIS MUCH, SILVER CANT GO DOWN ENOUGH TO SCARE ME INTO PANICKING AND SELLING MY LITTLE STASH OF SILVER. IF I LOSE EVERYTHING ITS NOT ENOUGH TO FREAK OUT. IF IT GOES WAY DOWN I WILL JUST BUY MORE. IF I HAD THE MONEY TO BUY A BIG AMOUNT OF SILVER IT WOULD ALL BE GONE BEFORE I COULD GET ENOUGH TO MATTER. IM COOL IF I CAN GET A BIT THAT WOULD BE NICE BUT IM NOT A BIG MONEY GUY SO I GET A FEW HERE AND THERE.
6 banks have failed since then
Stocks are falling and bond yields are rising, but markets still don't seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $150,000 stock portfolio, what's the best way to take advantage of this bear market?
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Harriet DICKSON
Wow that's an awesome returns of investment, indeed there's a lot of money to be made in crypto markets trading, I guess it has to be with right people around you. Can you recommend her to me as well? How do I get to her?
Most people think, investing in crypto is all about buying coins and leaving it to rise, come on it takes much analysis to be a successful crypto trader.
In all history of the human race, gold has never gone to zero or even gets "crushed". And whats with the talk about "inflation coming down"? 🤪
Sorry, not buying what he is selling. I am staying defensive. The cost is small and the potential value is great.
DAX up 30% since October says nothing about where it will be 6 months from now!
Zeberg probably has the most consistently wrong stretch of bad calls I've come across in the macro pundit pool. I don't think he could be worse if he tried. Steer clear.
This didn't age well, uptrend is only just getting started.
Finally. Perhaps THIS IS IT.
Yea gold may crash but not befo3e it gets to 2500 in the next coming 18 months.
What if Russia succeed in creating an alternative to the dollar together with China , India etc pegged to gold
Synes nok jeg kunne høre lidt dansk melodi her. Dejligt med hjemlig ekspertise...
If gold crashes it should be for a short period of time..
remind me to buy gold at $1200
If it does that, it will be a flash crash and we won't be able to secure at those prices.
Not buying it! Buddy.
Three days ago I found this channel with a convincing Andy Schectman, but this here is brainwash and forces to unsubsripe. Out and gone at 3:25.
I need to watch this just so I can say I've heard the cases for and against gold
If gold goes to 1.200 per Henrik then silver will be say 10 ? That does not sound relaistic .
It will go to 1700 in the worst case .... 1200 is absurd ... most miners do not make a profit at $ 1800.
Did history indicate or predict a global plandemic? Have we ever had a global debt crises or depression? I think it’s safe to dollar cost average into metals. God bless and good luck to you all in your journey.
Oil is a better inflation gauge than Gold
this analysis is technical , its as if the war in ukraine and the sanctions on russia and china have no effect on the charts. not realistic imho.
See you are wrong prices go up )0
I can't wait. I can double my purchases.
How can someone that sounds so smart be so wrong?
Naw. I don't think so, not with the historic political-geographic table stakes right now. The "patterns" he holds as sacrosanct are nothing in the face of our contemporary realities. Patterns go "POOF!" in an instant with any of the forces lined up against "normal" in this new world. Too many unpredictabilities to go along with the certainty of a world awash in unsustainable and for most, unimaginable debt in the quadrillions of USDs. At some point, and I believe soon enough, "POOF!" will rule the day and likely usher in times of unrelenting despair. And that's only if someone doesn't accidentally or intentionally begin the nuclear missile fusillade.
We're in strange, alien territory, unpredictable at best. I can't live my life by a paradigm of 'patterns' that once were. It's a whole new ball game.
This guy degrades the quality I think you aim for on this channel. He is almost manic with his desire to be an intellectual economist.
Another realist. 🎉finally
Now what????? Crash??? 😂😂😂😂😂😂😂😂😂
MD's just increased prices by 10% oh my, big mac!
You got me at cycles
Gold is $2020 an ounce,
Say what?
Gold can't hit 1200.... That's laughable.....
What price did oil hit in 2020? In a paper market, it certainly is possible. Not likely, but possible.
This video will age well. Golds crash starts Monday
what monday? hahaha
@@Repps87 sorry it already started 1500 next
Amazying prediction.... diferent...
With a CBDC coming in future with digital ID, I say BS regarding this Article!
A lot of hot air glas Ball prediction
what a clown show
Dude blocks everyone on Twitter who takes the opposite side of his. LOL. Been getting calls wrong for years.
Gold Will fall to 3600$ 😊
German Bods are blowing up now $Billions in lost!!!
A gold crash is expected, the WEF/Central banks need to create this cycle to force Digital IDs and programmable CBDCs, however they will not be able to hold the price down. They are working hard to create the worlds largest black market system.
Inflation will take off again soon, its small decline being only a temporary phenomenon. Gold's price will continue with its upwrad trend even if there are short term declines, as in some years after 2004. Money printing will continue, bonds are risky assets now and their real yield is negative. He talks about bonds as if their yield is in real terms! In fact even interest rates are low given their real value is negative and they are not going to have too much effectiveness in stopping inflation. In the meantime everybody, including this guy, talks as if the economy is moving with the same background in the back as always. He talks about ups and downs. Wrong, we are all sitting now on a bomb called world debt and it is mathematically certain that one way or another it will explode. There is no yway governments can service their debt without printing and they will keep inflation high. If interest rates start going up more rapidly, then this policy reaches a limit and then...defaults are on their way. Gold will remain attractive and if one wants to play the stockmarket too with good companies, surviving and succeeding that's fine too.
i guess this was wrong eh??
Excellent video. So happy I found your channel. Thanks for your time!
You obviously haven't done your research on fiat currencies, and realize how many times our economy has crashed, and had to be saved, because of its de-tachment to Gold. Do some research
He could be wrong?
Really man? Why would you have a bear market if not a recession? How about 5% rates compared to 0%? How about falling money supply....which is a rare phenomenon. Does he really think the stock market ran so high during covid because the economy was good? So what this guy is saying is that he has been on the wrong side of the trade the whole time. Good luck buddy. Just so he knows.....you go in the market after rates bottom, not before.
henrik is awesome, i ve been following him on twitter for a quite a while now
I just found him on Twitter a few weeks ago. I love his insights.
The real problem will start with the sale of 20000 trillion securities, when we have several billion dollars printed, in order to convert these securities into valuable goods such as $5 billion in gold, $0.2 billion in silver, these securities must first be sold and converted into dollars, which in this amount will have to be printed. In addition, we have twice as many debt securities in $.. These will be mountains of dollars without the possibility of converting into real goods...
hearing this is a waste of time!
Combat Rock
gold 2 the moon ,...
😂😂😂😂😂😂😂😂😂
I hope gold does “crash” to 1200. I don’t think it will, but I sure hope it does. I’ll be buying hand over fist. What I’m hearing here Henrique is that liquidity is king, inflation is bullish, the banks are going to save us and gold, while note worthy is still a barbarous relic and what’s more, gold is a buzz kill.
ha ha 😆
he is high
Wasted 26 minutes of my life listening too this
This didn’t age well