‘Ultimate confusion’: what’s really holding gold and silver prices back?
ฝัง
- เผยแพร่เมื่อ 27 พ.ค. 2020
- After nearly two months of trading range-bound, gold is currently under a consolidation period, said Todd Horwitz, chief strategist of BubbaTrading.com.
“You’ve got the ultimate confusion in the market. There’s people trying to understand, is gold going to turn into a real currency because of what the Fed is doing,” Horwitz told Kitco News. “At the end it comes down to price and the price says that we’re in a state of confusion.”
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The worse the world gets , the higher the prices will rise . I think the price will rise more than any of us will want ...
When the feds get enough gold, then the price will go up, lol
No mention of physical supply and demand at all.
Physical Silver No Counter Party Risk.
Good ....informative...interview....
Wise words. Thanks for the update!
So, if it gold goes lower, it could go a lot lower and if it goes higher, watch out, it could go a lot higher, go it.
LOL WTF ... Crystal balling both sides.
Terrific interview Thanks
There is no fundamentals to the economy and there haven't been for a long time
I still love gold for the risk reward right now compared to stocks and bonds.
Good interview. Thanks.
Great interview. Smart cookie
Todd is on point.
Really good
Great interview. Bubba is great, I’ll have to keep up with his stuff.
I hope these silver premiums go down.
All this analysis... what a waste of time. There is only one player: the FED... The FED does one thing and one thing only : Create money out of thin air and destroys savers in the process. The prudent thing to do for normal people is to protect themselves by buying assets such as Gold, Silver - even bitcoin.. Realestate is so so since it is a very local market. For example, buying into the real estate market in San Francisco now is buying into a bubble that is disconnected from salaries, it is become unattainable to even hitech workers.
When the helicopter money flooded the market nothing can hold back the price of gold and silver
Why has gold gone up by 500% since 2004 and why did gold climb as much since then ? When you know the answer to that question things are far easier.
Gold and silver are the great equalizers and accountants. When the day comes that our currencies collapse and has to be accounted for .... there will be a massive wealth transfer for those who hold the precious metals that currencies will be tied to. Either that or a debt jubilee lol.
You hold paper saying you own gold/silver.
So in short: Gold and Silver will go up or down... pretty save bet
Great video as usual 👍
Multiple commentators I’ve been listening too saying ratio of 1oz Gold to 8oz Silver actually being mined right now yet the ratio is Gold/Silver ratio is 1/100 suggesting (as we keep hearing) Silver has opportunity for massive upswing. Mike Maloney said something interesting that caught my attention also that when SHTF, newbies to PM’s head to the bullion dealer with their 20K savings for their precious metals hedge only to find their cash gets them one Gold coin versus 20 Silver. It’s at this point, all the new money contributes to the flood of Silver demand pushing the price up. Also that Silver is industrial PM and is used up during processes and isn’t recycled unlike Gold from e-waste etc. I’m only new to PM’s myself but finding the whole enterprise really interesting.
Historic value of gold is around $15,000 to $20,000 in today's relatively almost worthless dollar.
Here in South Africa, the best price you can pay for silver (if you can get it at all) is about $28. I have seen quotes of $48. For gold Krugerrands, you pay $1 827. Spot price is not the real price.
When a guy does not mention this issue, it shows me that he does not understand the situation at all.
Gold hoarders should not be investing for a quick buck. Gold is a huge "long" investment. But Gold is manipulated in the market
He is a hammer in the markets and sees only nails. Disagree that gold is only a commodity. Agree that silver is a commodity as well as a store of wealth.
Patience is a virtue. And honestly I’m not chomping at the bit for prices to rise. The lower the price the more I can buy. And the preservation of Wealth is what really matters. Rising prices are only a bonus. Personally I have been following the PM markets since 2016 and am impressed with Gold in the year 2020 alone already.
For me it's a combination of a few things. 1 is that silver places are charging big premiums so that people aren't wanting to buy as much as if they were buying at market value. 2 is that people are very low on foresight and fail to realize there's a crisis other than the coronavirus one. 3 is that a lot of places don't have enough for people to buy. 4 is that people are buying paper gold and silver which doesn't raise the prices as much since they're only like 1% backed by real metal. But as soon as there's some big shock that dollars have lost like 25% of their buying power then gold and silver could just explode to higher than ever.
Sell all the silver you hold. The final price dump will stun even the most savvy traders in June.
Interesting. Please explain more
Kitco
Fast up fast down hang on baby for the ride of your life! Things are going to continue to get worse before anything starts to show signs of true growth. Silver is one of my hedges 👍😉 I have Gold in my go bag.
things may go up but may come down.thats all you need to know.dont invest what you dont mind looseing
so this is why alot of investors don't consider gold an asset. he said the keyword "confusion". This leads me to believe that pm's truly are just a commodity based on people's fear. that's not good. because nothing is moving it other than people's way of thinking. i'm a pm holder myself but not so much just a bit as a little hedge. i've been trying to convince myself that this us dollar will collapse and that's why i want to buy more metals, but as long as people believe in capitalism in America who knows how much that fiat currency can get inflated really. so for people looking to hold pm's as a way to increase gains in my opinion i just don't think it's there. hold gold and silver but don't make it such a huge part of your portfolio. of course this is just my opinion and that means shit but yeah.
What holds them back? The banks!
Why are gold going down and silver up ?
Manipulation is why Gold is trading side ways......
Fast up fast down hang on baby for the ride of your life! Things are going to continue to get worse before anything starts to show signs of true growth. Silver is one of my hedges 👍😉
I know that yes I want to money in best kitco gold
Bubba likes it.
Bubba has long hair! Lol
😷😷😷😃😆
good interviewer
Gold IS Money
Up up up up up up up
Prices are not reflecting the reality right now? 😄😄
Silver 🥈 is since hundreds of years in a 🐻 market. 😒
David is a great interviewer!
Anybody call JP Morgan and tell them a silver /gold bull run is coming? I think they will disagree.. lol
Omg with the high frequency trading, gold and silver will never reflect actual worth until the catastrophe happens
Bubba!
Genius
hes voice is very similar to Alex Jones voice lol
Go long or be wrong
Buyers come into the silver market? How about JP Morgan buying up millions of ounces of physical silver over the last few decades.
gold price wont rise higher unless you have some kind of statistics pointing tp a negative economic outcome. The price seems to be playing by the situation at the moment
''i dont listen to news'' i think he just slapped kito news in the face
The Fed is buying $2.4 BILLION PER HOUR in assets, and has been for the last 8 weeks. Sit tight.
NYE 2021 will be gold😏.
Useless interview
In each interview Bubba always says that "gold could up or it could go down"!
I think there is NO need for his thoughts in Kitco because everyone knows that.
They do not want small business to make it.
plunge patrol protects the dollar
No we are going to have deflation,all speculation,I can say this cash is king and it will not go away,despite the push for digital money which is an illusion.
Gold is doing its job perfectly.
THE DAY THE DOW FELL 666 POINTS IN ONE DAY, I UNDERSTOOD THAT THERE ARE NO FREE MARKETS ANYMORE.
Wolfe's of wall street are preparing to bailout catching the Newbies off guard and destroying them
Silver!!!!!!! 😎
It's President Trump giving We The People a chance to take advantage of the affordable prices.
Is it possible the dollar is stronger than we think? Are other countries hording US dollars? It is OK with me if gold does not jump, just means my dollar still buys a can of beans.... Toilet paper futures is where my money is....
"The markets are efficient?" gimme a break! They would be efficient if they weren't being manipulated. Why is the stock market going up during this financial horror show. It called $$ Trillions of dollars worth of money printing out of thin air. If that isn't manipulation , what is? Gold is not a commodity. It is money. It has no other use other than money. Bubba is a trader. He knows little or nothing about Gold. He should pick up a Jim Rickards book and read it. When he's done that, he should read another one. And listen to some Peter Schiff or Mike Maloney or Chris Martenson or Craig Hemke or Eric Sprott, or Ted Butler.
This guy is way too optimistic
Silver, bitcoin, gold! 👍
After watching videos for hours and days, I think Gold is becoming the Bitcoin now. Going to moon. Unstoppable
Bitcoin is better than Gold and Silver.
Yes please kitc0 g0ld investment
gold and silver will only climb if people buy...if most people dont put their money into gold and silver it will not grow.
I like silver and gold dont get me wrong but at the end of the day they are just lame even if u make money.
they are for people that want safety and have no mindset for taking risk...but life isnt about safety and is always risky so who are you kidding?
there are things out there who bring 1000x why should i buy gold when i can have more...
All this guest does is look at "Price action". That is what every noice in the world does. This guy shared nothing of any value.
UP AND DOWN AND ROUND AND ROUND...A LA PINK FLOYD
kitco just hypes gold...this boom is probably over
One thing's for sure...…..you guys have NO CLUE !