Unfortunately, people interested in Gold have to watch a lot of crazy videos for price discovery on TH-cam. Finally, we're treated to a video which defines SANITY! I so appreciate this video and its contributor. Fabulous interview. Thank you for posting this.
@ Silver to $10K means that the world has ended. $10000 is going to buy you lunch, not a Corolla. We might still have a Dollar and a damaged economy with $10K gold and $600 silver, leading to reissued currency with fewer zeros.
Check out the interview with Chris Powell on SBTV. He has probed the FED and the US government as to whether they're trading precious metals and manipulating the price. Short answer is yes they are. Heavily, since gold is a competitor to the monopoly they have on currency. So when this guy says the gold market is highly liquid and mostly OTC and not in the futures market... Yeah, I don't think so
Why not mention Basel III as a reason the central banks of the world have been absorbing physical gold? Gold is now considered zero risk to central banks.
Good interview. Thanks to Real Vision! The only thing I disagree on is that Gold ETFs (or any paper for that matter) is as good a s gold. Only physical gold is gold when the going gets tough. My 2 cents.
That is 100% true, but the nice thing about the ETFs is that they are very liquid and easy to trade so you can conveniently adjust the risk in your portfolio and take profits when you re-balance. That said, you might want to have a little bit of physical gold in your possession for when the going gets tough as you say... but that is more like "plan B" because that is a situation nobody really wants to see.
His resume is quite impressive and certainly makes him unique - frankly I was expecting these same characteristics in terms of advice. A five percent gold allocation is your standard financial advice 101.
97 / 100. I'm convinced gold is a good investment! But I wonder, is it in the interest of "State Street Global Advisors" that I buy GLD ETF over physical? Ahh yes, "State Street created the first US ETF and now offers a broad range of cost-effective beta and alpha producing ETFs..." surprise surprise.
Buying GLD ETF instead of physical gold is basically signaling to the market that you want the bad guys (central banks, investment banks, governments) to win. If everyone took delivery of physical, we would see how heavily manipulated the price is. The scam would be revealed in an instant
For a man who understands so much about gold, He falls flat on his face by thinking GLD is good to invest in. If you look at custodians and the action of the GLD ETF, you find it is a piggybank for the banksters to raid to short the market. Stay clear of that cesspool. (Harvey Organ follows this in detail)
I really couldn't help but feel the same way. I had to stop watching after 10 min. The word gold ETF is an oxymoron in my opinion. Seeking shelter in a house of hungry wolves might not be a good strategy for protection.
Agreed. In my opinion there are two things normal investors can or should do. 1: Buy the streaming & royalty companies 2: Buy physical gold and silver bullion. Investing in miners or juniors is for people that have the knowledge and time that is needed to invest in individual miners and especially juniors. Investing in the streaming and royalty companies is a much better way for average investors and even those fairly knowledgeable about the sector. Buying juniors or prospect generators really requires people to not only have to knowledge and time that is needed, but also to be willing to take substantial risk to their principal. Some of these can go down 60% and end up being 10 baggers, while others might just go nowhere or to zero.
Correct. Although I didn't expect him to admit such a thing as it would be against his own agenda. Selling paper gold and paper everything is the foundation of the whole current financial system.
Calculate your net worth @$1 million $20-50K in GOLD COINS is good. A % of your net worth is stored, portable and difficult for a third party to corrupt/debase.
40 ounces of gold coins is not a big handful. It's easy to hide and make safe. If you know or will learn about mining stocks and keep up with them, you can get many multiples of the average 7 percent return of bullion. I wouldn't even note on an insurance policy that I have gold or firearms, and just accept that the maximum standard limit is what you might recover from your collection if there was theft. In a house fire, you won't lose the most value of the gold because you can sell the lumps for scrap or keep the lumps. Firearms go to zero in a fire. Ageee that ETFs and non producers allowed to sell forward naked are a huge problem.
ETF's create so many issues . They have banking rights where it is really their property and not yours. And in reality , the same problem as with futures. THEY DO NOT HAVE IT. Mechanism for con and manipulation. There are so many disclaimers , they do not deliver gold #1 , and tied to bankers and bankers laws where in crisis it is their property. This is a fiat currency shill , unknowingly or not . The law is now that any deposits are owned by the banks , and the ETF's money is theirs. PERIOD!
Check out the interview with Chris Powell on SBTV. Central banks and governments manipulate the price of gold... heavily. Buying an ETF tells them to keep going. Taking physical delivery is the only way to beat them
So whats the reason for so many experts and people having the hell of the assets saying so ? You reffer to an ultimate scenario saying "save you" ...but what about the time where the is no crash? If most of them say about 5-10% it is for a reason and provided your assets working good when there is no turmoil, I guess ...
GLD is great buy as gold approaches $1266, if it does indeed get a nice lift from the trend line, then swinging a few options of GLD could land you a v nice profit, with limited down side, as jun/july options are about $200
@@getawayz1 If you got in on GLD Friday with $120 C 19/7 exp. you are currently ITM. 5-10 options could give a nice RVR. Surely that's better than just owning physical metal?
I enjoyed this video. I would say if 2% was good, 5% was better,and 10% was best, why not try higher percentages? See what happens. I like(not counting real estate diretly owned), 40%Stock fund, 40% Gold, 20% Bond. For the Gold, have half in physical gold coins(American Eagles) and half ETFs. Re-balance when the percentages deviate(buy low/sell high). Have some silver and plenty of supplies too.
Silver corrected m -80% and Gold just -40% Very Interesting. Is it safe to say Silver is could be a bigger percentage gain? Let's say it could hit $75? That is 5X in Silver versus a potential 2X. in Gold. I have gathered Gold is safer to the down side relative to Silver. I have watched Videos above ground Silver is RARER than Gold. We have far less Silver today than we had 50 years ago relative to Gold... Ever heard of that?
Gold & Silver I hold ONLY PHYSICAL. There is already too much paper in the markets. LOL 2% to 10%. Tell me how much per cent is held by Central Banks and you better up your investment.
BluesZoo Z Yes, small positions in sound companies. Until you discern how they develop and their potential. It`s not a daytrading, it`s investment. You have to do your research so you don`t put your money in fragile companies when you can favor proven ones.
He said he learns [about gold] by talking to financial advisors, news reporters, and mainstream investors?? Financial advisors and news reporters don’t know anything and are almost laughable. Mainstream investors.... well most of them end up belly flopping in economic downturns. I don’t know, but I don’t like were his knowledge derives from. Especially when speaking favorably about ETFs... I’ll pass.
He even listens to his customers so I commented seperately to fill in a few things he didn't cover. I dislike the bait and switch title manipulation also.
Very interesting, my portfolio is 50/50 gold/silver respectively. Over 3 years, gold has performed outstripping inflation. Silver, however has been flat. After selling margins for your buyer, you still cannot recover your original acquisition costs. Curiously, apart from a short spell at 68 - 1 the silver to gold ratio has stuck between a narrow band at 80/85 - 1. Originally, I stuck to silver acquisitions using the logic from this disproportionate ratio, but I came to the conclusion that gold at £800+ was also a bargain. If I bought gold now, it should increase my average cost per oz. If the ratio does get significantly squeezed, whatever the price of gold, it won't matter.
No one asked him if gold is manipulated as it was proved in the European Courts a year ago !! He actually trusts ETF 's and the GLD index and that l found surprising !!
@Hammy, congrats you timed the market just right. Moved my bank deposits out into physical 2 months ago because of Deutsche Bank’s slow demise, now looking at mining stocks for the cream on the top.... I use Seeking Alpha, Technical Traders and Financial Turmoil for general info. King World News also interesting.... we live in exciting times! Alex in Norway.
One of the greatest MYTHS of modern finance is that debt is valued as an ASSET. The world has taken on so much debt that it cannot be repaid in real terms. it must be inflated away or defaulted on,. The odds favor inflation. Gold wins in the end. Almost all paper will be devalued in terms of gold.
@@MrMrfamilyguy01 You own gold and silver which is then represented as digital currency on the blockchain. Unlike Bitcoin it's stable. Unlike fiat currency it's finite/restricted/can't be printed. It's real money that's now very liquid! It will also have a debit card so you can spend your PM's in a shop/ get fiat from an ATM. Check out that website. Also, no storage fees, is Sharia compliant and PM's will now yield!
Every gold bug tells you its a hedge against big unforeseen events. But every time we have a major event gold falls with everything else. I wish they would either give some concrete evidence to assure me of said truth, or stop saying it has a historical track record as said hedge. It doesn't seem to be true (at least not in my lifetime).
Yen is good investment if you want a new liver or kidney. Watch the documentary on TH-cam made by American Chinese immigrants about China harvesting organs from their people for profit. We should never trade a single dollar with China forever. If you believe in the forces of good and evil, karma, or any kind of justice in the universe, then you will know the future of China is destruction. Whatever negativity China gets in the future it greatly deserves.
The real question is how low can the dollar go. If you trade gold for the purpose of acquiring more fiat, you just might get stuck holding a big bag of worthless fiat.
What happens to the value of gold when asteroid mining kicks off and within a decade more gold will have been mined than that ever extracted on earth before it?
We went to the moon 50years ago and have done pretty much nothing with humans in space since. We take 5 - 10years to start producing from a mine on earth, but people think we'll be mining asteroids soon. Pipe dream, pushed by crypto “experts”.
My issue is you talk like an investment confuser. The ETF gold just like your whole portfolio is not guaranteed to even return the principal. You may have legal claims but when they shut the doors you do not get in. Physical is next to your bed. Even that can be confiscated by government and war. Gold has the value of a fine man's suit, which relates to wool, leather labor for design and construction. People will manipulate it up or down and it goes up by the inflation of the money supply. If gold buys a half suit it is too high. If you can exchange gold for two fine suits then buy it. Gold is not consumed like oil and supposedly is not being made like wood is but is trying to be replaced. We have more gold stockpiled than we need and fiat for commerce is a much better idea if we are honest enough.
1972 means NOTHING beardo! I have rents paid to me every month= income. I have dividend stocks = income have bonds= paying me a coupon interest. Garbage! PMs are a cap gain and that is all.
very very outdated and obsolete justification and fundamentals. Past results do not guarantee future performance as the past 8 years have shown. not giving him a dime to manage.
Unfortunately, people interested in Gold have to watch a lot of crazy videos for price discovery on TH-cam. Finally, we're treated to a video which defines SANITY! I so appreciate this video and its contributor. Fabulous interview. Thank you for posting this.
Outstanding interview of a genuine expert. Thanks Real Vision.
Wait you mean the last video I watched where the Silver stacker told me that Silver would run to $10,000 an ounce was crazy??
@ Look at that...! I suppose us Marines think alike! Semper Fidelis!
@ Silver to $10K means that the world has ended. $10000 is going to buy you lunch, not a Corolla. We might still have a Dollar and a damaged economy with $10K gold and $600 silver, leading to reissued currency with fewer zeros.
Check out the interview with Chris Powell on SBTV. He has probed the FED and the US government as to whether they're trading precious metals and manipulating the price. Short answer is yes they are. Heavily, since gold is a competitor to the monopoly they have on currency.
So when this guy says the gold market is highly liquid and mostly OTC and not in the futures market... Yeah, I don't think so
Why not mention Basel III as a reason the central banks of the world have been absorbing physical gold? Gold is now considered zero risk to central banks.
Good interview. Thanks to Real Vision! The only thing I disagree on is that Gold ETFs (or any paper for that matter) is as good a s gold. Only physical gold is gold when the going gets tough. My 2 cents.
That is 100% true, but the nice thing about the ETFs is that they are very liquid and easy to trade so you can conveniently adjust the risk in your portfolio and take profits when you re-balance.
That said, you might want to have a little bit of physical gold in your possession for when the going gets tough as you say... but that is more like "plan B" because that is a situation nobody really wants to see.
Own physical gold/silver -- not GLD or other etf's. I'd say more like 10-20% of your portfolio in a bear market and/or epic debt expansion.
His resume is quite impressive and certainly makes him unique - frankly I was expecting these same characteristics in terms of advice. A five percent gold allocation is your standard financial advice 101.
97 / 100. I'm convinced gold is a good investment! But I wonder, is it in the interest of "State Street Global Advisors" that I buy GLD ETF over physical? Ahh yes, "State Street created the first US ETF and now offers a broad range of cost-effective beta and alpha producing ETFs..." surprise surprise.
8/878 for me.
Buying GLD ETF instead of physical gold is basically signaling to the market that you want the bad guys (central banks, investment banks, governments) to win. If everyone took delivery of physical, we would see how heavily manipulated the price is. The scam would be revealed in an instant
I'm loving this channel. Great content each video.
For a man who understands so much about gold, He falls flat on his face by thinking GLD is good to invest in. If you look at custodians and the action of the GLD ETF, you find it is a piggybank for the banksters to raid to short the market. Stay clear of that cesspool. (Harvey Organ follows this in detail)
I really couldn't help but feel the same way. I had to stop watching after 10 min. The word gold ETF is an oxymoron in my opinion. Seeking shelter in a house of hungry wolves might not be a good strategy for protection.
Agreed.
In my opinion there are two things normal investors can or should do.
1: Buy the streaming & royalty companies
2: Buy physical gold and silver bullion.
Investing in miners or juniors is for people that have the knowledge and time that is needed to invest in individual miners and especially juniors.
Investing in the streaming and royalty companies is a much better way for average investors and even those fairly knowledgeable about the sector.
Buying juniors or prospect generators really requires people to not only have to knowledge and time that is needed, but also to be willing to take substantial risk to their principal.
Some of these can go down 60% and end up being 10 baggers, while others might just go nowhere or to zero.
l jessel He works for State Street, they are the marketing agent for GLD. He didn’t mention that though.
Agreed. Fizz is your friend, all others fall short.
vorrzaaa agreed, physical and streaming the most safe strategy, if you want Las Vegas..... junior miners!
ETFs are not a particularly safe way of gaining gold exposure.
not safe but more than 95% of trade are on etf
Correct. Although I didn't expect him to admit such a thing as it would be against his own agenda. Selling paper gold and paper everything is the foundation of the whole current financial system.
Calculate your net worth @$1 million $20-50K in GOLD COINS is good. A % of your net worth is stored, portable and difficult for a third party to corrupt/debase.
40 ounces of gold coins is not a big handful. It's easy to hide and make safe. If you know or will learn about mining stocks and keep up with them, you can get many multiples of the average 7 percent return of bullion. I wouldn't even note on an insurance policy that I have gold or firearms, and just accept that the maximum standard limit is what you might recover from your collection if there was theft. In a house fire, you won't lose the most value of the gold because you can sell the lumps for scrap or keep the lumps. Firearms go to zero in a fire.
Ageee that ETFs and non producers allowed to sell forward naked are a huge problem.
Dumb money goes into ETF. Products that are DESIGNED to steal from you.
George Milling-Stanley is a true legend.
1425 USD Gold and 16.17 USD Silver; BTC: 10408 ETH: 218.16 USD on 19th July 2019
ETF's create so many issues . They have banking rights where it is really their property and not yours. And in reality , the same problem as with futures. THEY DO NOT HAVE IT. Mechanism for con and manipulation. There are so many disclaimers , they do not deliver gold #1 , and tied to bankers and bankers laws where in crisis it is their property. This is a fiat currency shill , unknowingly or not . The law is now that any deposits are owned by the banks , and the ETF's money is theirs. PERIOD!
Check out the interview with Chris Powell on SBTV. Central banks and governments manipulate the price of gold... heavily. Buying an ETF tells them to keep going. Taking physical delivery is the only way to beat them
5% gold allocation won't save you from anything! More like 20-25% or even more!
Your so right. I do 40% and rebalance. Have much in physical gold.
iam doin 1/3 dude
25% is mine.
starting to doubt would 1/3 be over allocation
So whats the reason for so many experts and people having the hell of the assets saying so ? You reffer to an ultimate scenario saying "save you" ...but what about the time where the is no crash? If most of them say about 5-10% it is for a reason and provided your assets working good when there is no turmoil, I guess ...
Do you really have a claim to the underlying with ETFS? I don't think so.
I wont go near ETF's !!.
GLD is great buy as gold approaches $1266, if it does indeed get a nice lift from the trend line, then swinging a few options of GLD could land you a v nice profit, with limited down side, as jun/july options are about $200
Yes! Interesting cup and saucer formation forming from 1265... Cant see papa dollar going up much more
He's conflicted. Speaks well.
Indebted to his employer however.
Physical metal only.
@@getawayz1 If you got in on GLD Friday with $120 C 19/7 exp. you are currently ITM. 5-10 options could give a nice RVR. Surely that's better than just owning physical metal?
Not that you shouldn't own physical, the everyone should own some physical.
I enjoyed this video. I would say if 2% was good, 5% was better,and 10% was best, why not try higher percentages? See what happens. I like(not counting real estate diretly owned), 40%Stock fund, 40% Gold, 20% Bond. For the Gold, have half in physical gold coins(American Eagles) and half ETFs. Re-balance when the percentages deviate(buy low/sell high). Have some silver and plenty of supplies too.
What about Silver?
excellent interview..thank you.
Silver corrected m -80% and Gold just -40% Very Interesting. Is it safe to say Silver is could be a bigger percentage gain? Let's say it could hit $75? That is 5X in Silver versus a potential 2X. in Gold. I have gathered Gold is safer to the down side relative to Silver. I have watched Videos above ground Silver is RARER than Gold. We have far less Silver today than we had 50 years ago relative to Gold... Ever heard of that?
Gold & Silver I hold ONLY PHYSICAL. There is already too much paper in the markets. LOL 2% to 10%. Tell me how much per cent is held by Central Banks and you better up your investment.
Hmmm...reading comments I gather buying paper gold bad but buying paper that represents mining companies good? Is that right?
BluesZoo Z Yes, small positions in sound companies. Until you discern how they develop and their potential. It`s not a daytrading, it`s investment. You have to do your research so you don`t put your money in fragile companies when you can favor proven ones.
My man called it. Time will tell if we continue on up.
He said he learns [about gold] by talking to financial advisors, news reporters, and mainstream investors??
Financial advisors and news reporters don’t know anything and are almost laughable. Mainstream investors.... well most of them end up belly flopping in economic downturns. I don’t know, but I don’t like were his knowledge derives from. Especially when speaking favorably about ETFs... I’ll pass.
He even listens to his customers so I commented seperately to fill in a few things he didn't cover. I dislike the bait and switch title manipulation also.
This guy is deep. A legend
Solid. Well reasoned.
Optimistic on the EEC ? Good luck because you will need a miracle to rescue this sinking ship !!
how much % of gold should one have out of their wealth? is 1/3 ideal?
Very interesting, my portfolio is 50/50 gold/silver respectively. Over 3 years, gold has performed outstripping inflation. Silver, however has been flat. After selling margins for your buyer, you still cannot recover your original acquisition costs. Curiously, apart from a short spell at 68 - 1 the silver to gold ratio has stuck between a narrow band at 80/85 - 1.
Originally, I stuck to silver acquisitions using the logic from this disproportionate ratio, but I came to the conclusion that gold at £800+ was also a bargain. If I bought gold now, it should increase my average cost per oz. If the ratio does get significantly squeezed, whatever the price of gold, it won't matter.
No one asked him if gold is manipulated as it was proved in the European Courts a year ago !! He actually trusts ETF 's and the GLD index and that l found surprising !!
Gold has held up pretty good. Not huge correction. Still 1250. So 2001 Investors are doing very well.
20:07 USD strength is exactly what's coming. Europe is a basket case with Britain and Italy looking for the exits.
I had no idea it cost so much to produce an ounce of gold.
100% gold/silver allocation here, sleep like a baby.
That's exactly what he said....
Nope
@Hammy, congrats you timed the market just right. Moved my bank deposits out into physical 2 months ago because of Deutsche Bank’s slow demise, now looking at mining stocks for the cream on the top.... I use Seeking Alpha, Technical Traders and Financial Turmoil for general info. King World News also interesting.... we live in exciting times! Alex in Norway.
Anyone with some good book reccs on top-down macro investing?
One of the greatest MYTHS of modern finance is that debt is valued as an ASSET. The world has taken on so much debt that it cannot be repaid in real terms. it must be inflated away or defaulted on,. The odds favor inflation. Gold wins in the end. Almost all paper will be devalued in terms of gold.
use your local pawn shop if the owner is a gold person who knows
Good video. Kinesis.money (digital gold and silver) will be one of those currencies.
Robert Miller why do you say that ?
@@MrMrfamilyguy01 You own gold and silver which is then represented as digital currency on the blockchain. Unlike Bitcoin it's stable. Unlike fiat currency it's finite/restricted/can't be printed. It's real money that's now very liquid! It will also have a debit card so you can spend your PM's in a shop/ get fiat from an ATM. Check out that website.
Also, no storage fees, is Sharia compliant and PM's will now yield!
This guy thinks gold went up because of jewelry purchases?
He also mentioned safe haven...
Distinguished guest
India produces a little under 25% of its total crude oil demand, importing the rest.
im always surprised why 5percent is going to be a life changer, OR A HEDGE
Every gold bug tells you its a hedge against big unforeseen events. But every time we have a major event gold falls with everything else. I wish they would either give some concrete evidence to assure me of said truth, or stop saying it has a historical track record as said hedge. It doesn't seem to be true (at least not in my lifetime).
What major event? Nothing has happened for a decade.
You have very good examples in Venezuela or Turkey when currency collapse. Look up there what if someone hold money or gold what will be smarter way
if you have it in your hand you dont lose nothing, no matter what price tag the banksters what to put on it.
In 2008 when stocks crashed horribly and into March of 2009, gold was shooting up.
safe heaven is Yen currency in present context not gold or silver.
Can you elaborate?
Yen is good investment if you want a new liver or kidney. Watch the documentary on TH-cam made by American Chinese immigrants about China harvesting organs from their people for profit.
We should never trade a single dollar with China forever. If you believe in the forces of good and evil, karma, or any kind of justice in the universe, then you will know the future of China is destruction. Whatever negativity China gets in the future it greatly deserves.
Will Gold ever peak like bitcoins did for example 10k for an oz
The real question is how low can the dollar go. If you trade gold for the purpose of acquiring more fiat, you just might get stuck holding a big bag of worthless fiat.
If you are worried about how to store your gold at home, you aren't very creative. Thieves generally are quite stupid.
What happens to the value of gold when asteroid mining kicks off and within a decade more gold will have been mined than that ever extracted on earth before it?
Jamie Isbitt wth are you talking about
Not in my lifetime. Too expensive even if rocks of pure gold are found on an asteroid.
We went to the moon 50years ago and have done pretty much nothing with humans in space since. We take 5 - 10years to start producing from a mine on earth, but people think we'll be mining asteroids soon. Pipe dream, pushed by crypto “experts”.
Awsome
Meanwhile the dollar hit a 2 year high today
Pysycal!!!😆😆😆😆😆😎
Stanley ,please study: Pyramids and and Zeg TV and JFK To 911, Everything is a Rich Man’s Trick part 3.
My issue is you talk like an investment confuser. The ETF gold just like your whole portfolio is not guaranteed to even return the principal. You may have legal claims but when they shut the doors you do not get in. Physical is next to your bed. Even that can be confiscated by government and war. Gold has the value of a fine man's suit, which relates to wool, leather labor for design and construction. People will manipulate it up or down and it goes up by the inflation of the money supply. If gold buys a half suit it is too high. If you can exchange gold for two fine suits then buy it. Gold is not consumed like oil and supposedly is not being made like wood is but is trying to be replaced. We have more gold stockpiled than we need and fiat for commerce is a much better idea if we are honest enough.
1972 means NOTHING beardo! I have rents paid to me every month= income.
I have dividend stocks = income
have bonds= paying me a coupon interest.
Garbage! PMs are a cap gain and that is all.
This guy is hilarious.
very very outdated and obsolete justification and fundamentals.
Past results do not guarantee future performance as the past 8 years have shown. not giving him a dime to manage.