@@pablomalaga4676 Actually, there is. Historically, all fiats return to their intrinsic value of zero. The fiat US dollar will be no different. Hope that helps.
The only way the US can repay any of its $35.6 Trillion Dollar Federal Debt is to keep on printing more paper fiat money to repay in worthless depreciated US dollars !
Gold is not meant to be sold to make a profit. It's insurance for yourself and family. Once you buy, you don't sell unless there's some kind of emergency and you need the money.
Hmmm all change now, like silver is not money anymore ! Yes gold it insurance but in now days FED BRICS or BASEL 4 can make you rich depends on their solutions !
agreed, but behold how capitalism becomes a travesty of indifference against the face of humanity & behold what the "american" dream really is/has become
if its jump 3000 you think rest of the world run to buy it more, like bitcoin ?! And i think ppl who have including coin shops and banks will stop sell gold when it hit 3000 !
Gold is telling you that more of the world is acknowledging the fact that Treasuries are not assets. Treasuries deliver a loss of purchasing power. That's not what an asset does.
Well last thing that world trust is GOLD rest is printing scam that can be sanctioned ! Russia China UAE Brazil Africa all be happy to trade with gold not some paper frozen swift !
I love the push to push us out of the investment of the century. Neither Trump or Mamala are gonna tighten the belt……I look forward to NOT selling a single ounce.
I always wonder why media ignores silver. In 1942, the price of a gallon of regular gasoline was $0.20, or two thin dimes. Today, the average cost of regular gasoline is $3.18. Today, the value of 1 silver dime is $2.41. Thus, a gallon of gas is LESS than two thin dimes. While it is less dramatic than gold, silver is the foundation of the working man. And, considering that it has been afflicted with naked short trading for decades (that stopped in the stock market in 2008), and that a Federal judge has found that to be illegal (just last week), who knows? Maybe it will go back to the old 20:1 ratio. (Mining ratio is only 7:1.)
I’m with YOU on this ! They should NEVER have gone off of the bimetallic system . I went to a flea market last weekend - found a fully intact 1964 USMint proof set in the brown envelope and both pieces of aged cardboard and the COA ! $18.00 the elderly gentleman asked me for it ! I also found a 1970 US Mint set for $7.00 ! SCORE !
Silver has been demonetized, and thus can never rise fast in price, because its easy to increase production, because the stock to flow is high, and likely to get higher, as it is used in industry much more than gold.
as we should all be able to see by this, and esp by now, the only real asset humans have is service to one another love is the only lasting form of energy exchange how bad does it have to get (dare anyone should ask - yet again) also, the misuse of free will is taking care of the population - yet again
Gold resources are NOT finite. There is effectively an infinite amount in space, more falls from the sky every day, and there are a quadrillion ounces in the planet's core, and even on the surface, there is likely WAY more in the ground than there is in vaults. I would also challenge the second part of your assumption. Although population is increasing, the rate is falling fast, and is below replacement rate everywhere but Africa. Its VERY likely that population will hit its maximum in the next 10-20 years, and then start falling off fast, as birth rates keep falling everywhere. I'm not saying that gold can't keep going up, especially in fiat dollars, but its not because of your reasons, that are both temporary, because if the price goes up in real terms, more gold WILL be mined, and CAN be mined, because its out there, the only question is if it is worth digging for.
Gold NEVER goes up over the VERY long term. What an ounce of gold could buy in ancient Rome, is the same as what it can buy in 2024. Gold preserves value, you grow your value elsewhere.
This times 2000 to 2700 dollar price is just the 600 to 1000 dollar run of 2006 and 2007, Gold hasn't even begun going up yet and this time is a real meltdown
the Medjugorje Miraculous Medal silver rounds WERE @ .50 over spot per oz - now they're selling just as any banker would sell them = the same old greed; however, it's agreed, get silver
@@joshuakelleher-bw5dg silver wasn't $50 in the last 40 or so years, it would be once in a lifetime opportunity to cash out and buy gold instead, only people to still hold it would be those who bought at 2011 peak or silver pushing youtubers
Bitcon are base on technology like iPhone. There will be next advance Bitcoins, what would outdated Bitcoins worth? Golds and other metals never be outdated.
Digital replaces analog, that is the lesson of history. Gold could be demonetized, because digital gold is FAR easier to assay, send around the world, store safely, and even spend in small amounts. So far, its not happening, but it could, so be aware of Bitcoin's superior traits.
Biggest lesson i've learnt in 2024 in the stock market is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.
According to the US debt clock - dollar to gold ratio; gold should be over $12,000/oz? The GDP/gold ratio has gold priced at over $72,000/oz. If you study history, it seems this crypto rage has a lot of similarities to ... the Dutch tulips, and that gold has quite a bit more room to run....?
As long as fiat money printing continues unabated gold price will rise. The debasement of fiat money is permanent in nature hence it gold will continue to head up. ❤❤❤❤
Gold can keep going, because the dollar or fiat currencies are melting away into nothing, so REAL money (ie silver and gold) can stay on their current “maintenance program”
But silver is used a lot more in industry than gold. .. I suspect major industrial players that use silver, are releasing silver onto the markets to artificially stabilise the price of silver. ... Otherwise if silver rallied like gold, it would be too expensive to use in industry/electronics ..
All the time the central banks continue to devalue the (fiat) currencies, gold will continue to go up. KEY POINT- gold isn’t going up in value. Currencies are loosing their value. Big difference. When you understand the bigger fundamentals, it becomes clear.
You have considered all the situations, except for the impact of the loss of US dollar hegemony. What should gold priced in US dollars do if the US dollar hegemony is lost?
Gold was about $20 in 1900. Now, gold is over $2700. It may have dipped a bit, but, I can't remember when gold is not going up. Well, the damage has already been done to the economy. The Government has increased the money supply to fund COVID welfare, wars, etc. And still increases large amounts of debt constantly. There is no end to this. How can the government fund those interest payments? Maybe by increasing the money supply again knowing that it is inflationary. It is not sustainable unless they cut interest rates. Cutting rates will raise gold price.
Its not about gold going up, its about fiat currencies go down, Gold just holds it's value and in the long term in terms of purchasing power it doesn't really appreciate, it just keeps it's value, dollar goes down relative to gold
in total the gold will go up! Don’t need to worry if save it for the future. It can go down, but it will always come back for those that are not in hurry!
No Mention of potential announcements from BRICS 2024 in KAZAN thsi week. Possible announcement of the new "trade settlement" currency with the composite basket of member nations currencies also including a 40% weighting to GOLD. Imagine how much Gold will be required for that.
Very complex situation, gold could continue much higher. Reason: 1) BRICS new unit 2)national debt 3) newest class 1 asset by BIS 4) Indian wedding season November and December 5) inflation 6)loss of the petrodollar 6)loss of currency value 7) coming American president election 8) fed dropping interest rates. Gold is the only true money, currencies are paper and all currencies always end up worthless.
As long as govts of the world increase Debt n print Worthless Fiat currencies Gold will skyrocket. Gold protects purchasing power against collapse of paper money.
Or it could become worthless due to a situation where clean food and water is more important than gold or silver. This of course is worst case scenario but it can happen.
How long can the gold price keep rising? Silly question. How long will the currency printing presses go into overdrive? Weimar republic anyone! Gold beats paper anyday.
I totally agree I have several family members trying to educate them on this and they are so ignorant to it they don't want to hear it. And I told them that I cannot bail them out when the dollar crashes so I hope they have some backup somewhere of some sort!
Good analysis albeit it did not adequately explain why gold price is on a tear? The reason is because you based your analysis on Keynesian Economic Theory which I don't think is applicable anymore as there is a paradigm shift in the world financial system involving fiat money....To me, the main reason for the unrelenting rise of gold is the imminent demise of US Treasury as a safe haven asset....and gold is now the only alternative....
Gold looks like it's going big this year. I really want to profit from it this year. I have about $100k I want to invest. My brain doesn't do very well in understanding these things. How do I go about it?
It just shows how little people understand about Gold. Only 1% of US investors own gold in their portfolio. Gold is money, everything else is credit - JP Morgan
You pose the wrong question: Gold does not go up in value; it is currencies that go to ZERO, hence the appearance of Gold rising. The paper market for Gold is doomed in my opinion, soon the value will be fixed as it should be, then 'money' will be a fare representation of those goods and services. Back to a Gold Standard. No more inflation, then we all know where we are, much harder for Governments to 'diddle' us.
All those Points you refer in black swan events section, can be the signals for a bigger black swan event that can happen in future, which you haven't covered here, and that is De-Dollarization. If Russia, China, India work together for at least 10 years, this drastic shift can happen. With high interest coming from a lot of countries to join brics in an signal too, particularly countries part of NATO alliance
Its not about gold go up, its about fiat currencies go down, how far will they dilute our purchasing power ?
There Is no floor for the dolla
@@pablomalaga4676 Actually, there is. Historically, all fiats return to their intrinsic value of zero. The fiat US dollar will be no different. Hope that helps.
Your vision is 20/20
The only way the US can repay any of its $35.6 Trillion Dollar Federal Debt is to keep on printing more paper fiat money to repay in worthless depreciated US dollars !
@@pablomalaga4676 Yes there is. It's ZERO just like any other fiat.
Gold is not meant to be sold to make a profit. It's insurance for yourself and family. Once you buy, you don't sell unless there's some kind of emergency and you need the money.
Hmmm all change now, like silver is not money anymore ! Yes gold it insurance but in now days FED BRICS or BASEL 4 can make you rich depends on their solutions !
Totally agree
agreed, but behold how capitalism becomes a travesty of indifference against the face of humanity & behold what the "american" dream really is/has become
and one can pass it to the children 'ni vu, ni connu'
What about physical silver ???
I would not be surprised to see $3,000 gold by end of 2024
I will be surprised if it doesn't go above $3500 by end of year 😎
if its jump 3000 you think rest of the world run to buy it more, like bitcoin ?! And i think ppl who have including coin shops and banks will stop sell gold when it hit 3000 !
Maybe by the end of October! lol
@@belfasta
That would be great!!
Once the banks have enough to back the coming currency it might go way down to actual cost of mining and refinning it, then what,
Gold is telling you that more of the world is acknowledging the fact that Treasuries are not assets. Treasuries deliver a loss of purchasing power. That's not what an asset does.
The Gold bull is just beginning. It's going to last longer than anyone can imagine.
Yes it can. Just like the stock market. Central Banks print money and buy Gold, that’s called Inflation.
wrong
Well last thing that world trust is GOLD rest is printing scam that can be sanctioned ! Russia China UAE Brazil Africa all be happy to trade with gold not some paper frozen swift !
I love the push to push us out of the investment of the century. Neither Trump or Mamala are gonna tighten the belt……I look forward to NOT selling a single ounce.
@@neilshahndynasty.8882well gold will stop going up when the dollar is no longer given out freely without goods produced…
@@neilshahndynasty.8882Why is it wrong?
As long as they keep inflating the paper sky is the limit bro keep stacking
Who is "They" The Fed, Democrats, Congress or all 3 put together?
A better question is how far can the dollar fall?
To Zero!!! That's where it will end.
All intrinsic value of paper currencies are Zero. Credit creation by govts to deceive citizens. I owe u nothing
Great question!
I always wonder why media ignores silver. In 1942, the price of a gallon of regular gasoline was $0.20, or two thin dimes. Today, the average cost of regular gasoline is $3.18. Today, the value of 1 silver dime is $2.41. Thus, a gallon of gas is LESS than two thin dimes.
While it is less dramatic than gold, silver is the foundation of the working man. And, considering that it has been afflicted with naked short trading for decades (that stopped in the stock market in 2008), and that a Federal judge has found that to be illegal (just last week), who knows? Maybe it will go back to the old 20:1 ratio. (Mining ratio is only 7:1.)
They ignore it because they are in bed with the gubmint….and want all of us on the tit.
I’m with YOU on this ! They should NEVER have gone off of the bimetallic system . I went to a flea market last weekend - found a fully intact 1964 USMint proof set in the brown envelope and both pieces of aged cardboard and the COA ! $18.00 the elderly gentleman asked me for it ! I also found a 1970 US Mint set for $7.00 !
SCORE !
Silver is the people's money n still affordable to stack. Govts wants us to trust their fake Currencies money
Silver has been demonetized, and thus can never rise fast in price, because its easy to increase production, because the stock to flow is high, and likely to get higher, as it is used in industry much more than gold.
Sure can Gold go up forever over the long run. We have increasing population on this planet, but Gold resources are finite.
I hear you!
as we should all be able to see by this, and esp by now, the only real asset humans have is service to one another love is the only lasting form of energy exchange how bad does it have to get (dare anyone should ask - yet again) also, the misuse of free will is taking care of the population - yet again
Gold resources are NOT finite. There is effectively an infinite amount in space, more falls from the sky every day, and there are a quadrillion ounces in the planet's core, and even on the surface, there is likely WAY more in the ground than there is in vaults. I would also challenge the second part of your assumption. Although population is increasing, the rate is falling fast, and is below replacement rate everywhere but Africa. Its VERY likely that population will hit its maximum in the next 10-20 years, and then start falling off fast, as birth rates keep falling everywhere. I'm not saying that gold can't keep going up, especially in fiat dollars, but its not because of your reasons, that are both temporary, because if the price goes up in real terms, more gold WILL be mined, and CAN be mined, because its out there, the only question is if it is worth digging for.
Are you kidding? Wait till the US has to revalue it? Lol
They did it before !
There’s a solid chance that gold will be at 5k by end of next year, seems you guys are trying to get it cheap while you can..
That’s what I thought too
gold always goes up over the long term. period!
Agree.
Gold NEVER goes up over the VERY long term. What an ounce of gold could buy in ancient Rome, is the same as what it can buy in 2024. Gold preserves value, you grow your value elsewhere.
This times 2000 to 2700 dollar price is just the 600 to 1000 dollar run of 2006 and 2007, Gold hasn't even begun going up yet and this time is a real meltdown
It's not the Gold going up. It's the USD going down. Gold has been around before the USD even existed.
Gold is very simple...the dollar goes down in value and more is needed to buy Gold. The story never changes.
Thank you for acknowledging the buying from central banks. Real reporting.
It hasnt even started and Please Obtain Holy 9999 SILVER
the Medjugorje Miraculous Medal silver rounds WERE @ .50 over spot per oz - now they're selling just as any banker would sell them = the same old greed; however, it's agreed, get silver
Nkthing started yet.
3K is the start. Silvers start is $50 and plat $2K.
ppl wont run sell gold at 3000$ but silver at 50$ will sell many many many tons and price drops !
@@Doradoo-h1qmore people will continue to hold silver at $50 than you think.
@@joshuakelleher-bw5dg silver wasn't $50 in the last 40 or so years, it would be once in a lifetime opportunity to cash out and buy gold instead, only people to still hold it would be those who bought at 2011 peak or silver pushing youtubers
If one Bitcoin you can’t hold is $67,000 then what can one gold oz go to that you can hold!
Bitcon are base on technology like iPhone. There will be next advance Bitcoins, what would outdated Bitcoins worth? Golds and other metals never be outdated.
Digital replaces analog, that is the lesson of history. Gold could be demonetized, because digital gold is FAR easier to assay, send around the world, store safely, and even spend in small amounts. So far, its not happening, but it could, so be aware of Bitcoin's superior traits.
True it can go down but always comes back higher.
Biggest lesson i've learnt in 2024 in the stock market is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.
Yes it can.
According to the US debt clock - dollar to gold ratio; gold should be over $12,000/oz? The GDP/gold ratio has gold priced at over $72,000/oz. If you study history, it seems this crypto rage has a lot of similarities to ... the Dutch tulips, and that gold has quite a bit more room to run....?
I thought I couldn't get any more lazy or fatter too. _But here I am!_ 🤣
LMAO
What is important is tio buy physical gold not paper.
As long as fiat money printing continues unabated gold price will rise. The debasement of fiat money is permanent in nature hence it gold will continue to head up. ❤❤❤❤
keep stacking guys!
Good info. Thanks for keeping us updated. Keep stacking your metals friends. Interesting roads lay ahead of us!
I was hoping for a 15k target but I laughed at my self
I see some people calling for 150k target and I dont see that been feasible
it is constantly goes up since the beginning of time
Buy Silver Platinum & Crystalized Osmium.
Gold can keep going, because the dollar or fiat currencies are melting away into nothing, so REAL money (ie silver and gold) can stay on their current “maintenance program”
Gold can go up much higher unless the US Big Banks and US Fed interferes (again) !!! Just like they have been manipulating Silver pricing !!!
But silver is used a lot more in industry than gold.
..
I suspect major industrial players that use silver, are releasing silver onto the markets to artificially stabilise the price of silver.
...
Otherwise if silver rallied like gold, it would be too expensive to use in industry/electronics ..
Gold and Silver prices can only be manipulated to a point. Watch out when we reach the breaking point.
All the time the central banks continue to devalue the (fiat) currencies, gold will continue to go up. KEY POINT- gold isn’t going up in value. Currencies are loosing their value. Big difference. When you understand the bigger fundamentals, it becomes clear.
💯
Gold price approaches $infinity as Fiat currency approaches to $zero. Simple mathematics 😅😅😅😅😅
You have considered all the situations, except for the impact of the loss of US dollar hegemony. What should gold priced in US dollars do if the US dollar hegemony is lost?
Gold was about $20 in 1900. Now, gold is over $2700. It may have dipped a bit, but, I can't remember when gold is not going up. Well, the damage has already been done to the economy. The Government has increased the money supply to fund COVID welfare, wars, etc. And still increases large amounts of debt constantly. There is no end to this. How can the government fund those interest payments? Maybe by increasing the money supply again knowing that it is inflationary. It is not sustainable unless they cut interest rates. Cutting rates will raise gold price.
Gold is very simple...and simple to understand. Way before computers and stocks there was Gold and Silver.
Its not about gold going up, its about fiat currencies go down, Gold just holds it's value and in the long term in terms of purchasing power it doesn't really appreciate, it just keeps it's value, dollar goes down relative to gold
in total the gold will go up! Don’t need to worry if save it for the future. It can go down, but it will always come back for those that are not in hurry!
No Mention of potential announcements from BRICS 2024 in KAZAN thsi week. Possible announcement of the new "trade settlement" currency with the composite basket of member nations currencies also including a 40% weighting to GOLD. Imagine how much Gold will be required for that.
Inflation can be infinite so gold price can be infinite...
Bingo
Gold and Silver will continue to rise as long as our currency keeps losing its value because of Government spending, etc.
When is the US Inspector General finally going to get around to audit the US Federal Gold Reserve ???
Nvr Ever EVER!
Who cares, US gold was all stolen from the people in 1933. When will our gold be returned to us ?
Golds continue goes up until currencies back by golds again.
I have wondered where all the Antediluvian gold is.
Forever !!
Very complex situation, gold could continue much higher. Reason: 1) BRICS new unit 2)national debt 3) newest class 1 asset by BIS 4) Indian wedding season November and December 5) inflation 6)loss of the petrodollar 6)loss of currency value 7) coming American president election 8) fed dropping interest rates. Gold is the only true money, currencies are paper and all currencies always end up worthless.
...WW3 😉
150 B monthly printing press isn't stop yet..keepp stacking..
As long as govts of the world increase Debt n print Worthless Fiat currencies Gold will skyrocket. Gold protects purchasing power against collapse of paper money.
Gold is very simple.... the story never changes.
Bottom line is the Dollar is in decline.
The dollar is pretty strong these days, so...
You're running out of gold? Fair question.
As long as they keep printing $$ it will continually go up common sence
Gold is very simple to understand.
one day, if you can't exchange FRNs for it, its price will be infinite
Or it could become worthless due to a situation where clean food and water is more important than gold or silver. This of course is worst case scenario but it can happen.
Stay with gold what ever they tell you.
Gold doesn't generally crash.
Doesn't APMEX sell gold 🤔
Yes, but they are also serious analysts - not carnival barkers!
It's not how *_HIGH_* can Gold go, it's how *_LOW WILL THE DOLLAR GO!!!!_*
Gold will simply stabilize at a much higher plateau
So gold was 20 per ounce you tell me how much is now is it going up all the time or down all the time ignoring the correction.
Also keep in mind Au is now a tier 1 asset again ie as good as a US 10 yr bond
GROY TMC and AG 🚀🚀🚀
This is a very myopic take on metals
Sell for what, paper? Digits?
How long can the gold price keep rising? Silly question. How long will the currency printing presses go into overdrive? Weimar republic anyone! Gold beats paper anyday.
America seems to be in a steady decline, so my guess is Gold will go up in value.
In Aug 1971 America is bankrupt leaving the gold exchange standard. Next they outlaw gold ownership for citizens. That's history
Gold is for long term....as a hedge in urcertain times !
Anyone not buying gold knows nothing about history or economics ,,😮
I totally agree I have several family members trying to educate them on this and they are so ignorant to it they don't want to hear it. And I told them that I cannot bail them out when the dollar crashes so I hope they have some backup somewhere of some sort!
Wasn't the carry YEN trade a black swan event ? Now thinking about when Japan hiked rates for the first time in a long time now in 2024.
Keep printing and gold will rise
How many years has the stock market continued up, that's how long
Have not even started. Will start when it doubles in one day. And will be no bullion or coins in stock.
Well if you look at the chart for last 80 years the answer is yes, yes it can
Good analysis albeit it did not adequately explain why gold price is on a tear? The reason is because you based your analysis on Keynesian Economic Theory which I don't think is applicable anymore as there is a paradigm shift in the world financial system involving fiat money....To me, the main reason for the unrelenting rise of gold is the imminent demise of US Treasury as a safe haven asset....and gold is now the only alternative....
Gold looks like it's going big this year. I really want to profit from it this year. I have about $100k I want to invest. My brain doesn't do very well in understanding these things. How do I go about it?
Gold will never drop below $2500 again
It helps if inflation is measured correctly
So, gold will come down to $120, like in 1923?
Up to 27000 $ or more
If brics ties their currency to gold, it's going to skyrocket and the dollar dies.
You could (and should) be asking this question about Bitcoin, the Dow 30, the Nasdaq, and housing prices.
On or afyer Nov 7th gold will make another move up
I will never sell or any silver - Not for me leaving behind to my daughter. And what convert back to garbage Fake paper ?
Well cars go up houses go up food electricity insurance prices go up why not gold go up. Sure it go up and down but long term gold goes up.
The better questions would be ... will there continue to be money printing devaluing currencies and will there be excessive government spending.
gold
According to my charts at least $10,000 by 2055.
But then we are to old!
how high can gold go is determined by inflation.
My strategy is fully evolved, for the End Game.
It'll go up as long as Fiat money keep going down
It just shows how little people understand about Gold.
Only 1% of US investors own gold in their portfolio.
Gold is money, everything else is credit - JP Morgan
You pose the wrong question: Gold does not go up in value; it is currencies that go to ZERO, hence the appearance of Gold rising.
The paper market for Gold is doomed in my opinion, soon the value will be fixed as it should be, then 'money' will be a fare representation of those goods and services. Back to a Gold Standard. No more inflation, then we all know where we are, much harder for Governments to 'diddle' us.
Money printing is lasting so gold will go up….
For the next 5 to 7 years easy.
All those Points you refer in black swan events section, can be the signals for a bigger black swan event that can happen in future, which you haven't covered here, and that is De-Dollarization.
If Russia, China, India work together for at least 10 years, this drastic shift can happen.
With high interest coming from a lot of countries to join brics in an signal too, particularly countries part of NATO alliance
Excellent comment. We'll be covering this in our new episode, Sunday at 10am CST
What he means is it can’t move forever and silver stay stagnant, copper also.
Who says?
Funny money will go down forever.
年底1盎斯金幣必超過1萬美元！！！
Gold follows Central Banks liquidity. There is the answer.
it only goes up with inflation.
Yup, full confidence in our government to do the right thing! 😂😂😂