Borys, perhaps, maybe a small part of portfolio. But i would counter the same about bitcoin and ethereum. If one has any financial foresight, you can see the future value probability of them.
The problem is they will be able to buy only 1 tank of petrol (or gasoline) with the bilions that they have in Hyperinflation just ask anybody from Venezuela and Zimbabwe
Physical gold is already well over $1850 an ounce. Spreads are going higher due to manipulation in the comex market but strong demand for physical gold.
@@bahmak2003 Take a look at that Bitcoin chart. Getting set for yet another 10 to 30 k drop and soon. Time to make some real $$$$. The same way i have been since January. SELLING Bitcoin. :)
The problem I have is the silver all time high lasted for just a little while driven by two guys trying unsuccessfully to corner the silver market. And now people hold that up as a legitimate "all time high" and now silver is 50% of that. I think that smacks of trickery, and people are better off not talking like that.
Problem I have is silver never trades near spot for us little schmucks and I really hate haggling with dealers. If silver goes to $44 again (a legitimate high, not far from the Hunt Bros $50) I'm unloading all of mine just to be done with it.
Funny, people always talk about bitcoin being a suckers bet and gold being king and silver is queen. I think its the opposite. Metals are for pretty jewelry and bitcoin is king and ethereum the queen.
Gold and Crypto are very different things. Crypto people are mostly the same people who are into EVs, tech stocks, etc, so when the Tech stocks crash, so will the cryptos and when that nerd cash start flowing into gold, i'd be out there selling!
@@bahmak2003 I know he’s aways early and people like you think he’s wrong. But then in time he’s right and then everyone jumps aboard. Peter clams bitcoin has a value of zero. And it will return to it . I myself could careless. I just get tired of everyone talking about bitcoin.
@@farmerdude3578 It's probably not gonna go to zero tho, but -95% or so for sure, I'd say time span of 5 years. It's just a bubble that has a lot of wind under it's wings. Eventually it'll cool off.
Semiconductors can be made with copper and aluminum too, not just silver. For those who've been paying attention, you'll know we have copper prices up and shortages forecasted, plus aluminum shortages. So, that could help silver too. Lots of other stuff it could benefit as well. Food for thought.
Keeping Gold and Silver at these levels offers real investors a fire 🔥 sale. Keep stacking at these levels because when it goes higher it’s never coming back.
The dollar is down over 60% in 10 years. So, in order for gold to be a hedge it has to more than double. No one is calling for 2 or 300% gold. Therefore it’s not working any more. These people should talk to Michael Saylor. He will educate them.
The price is artificially suppressed from futures trading, this is pretty basic to anyone following precious metals. It's unsustainable as other prices increase, meaning it costs more to mine and refine the metals, and the metals are needed for industrial things - eventually the facade breaks and you're forced to allow it to correctly price. Bitcoin is great, but the whole "gold hasn't worked in 10 years" thing displays a fundamental misunderstanding of what's going on.
@@yup01 You do understand that a lot of that industrial use is for contacts in electronics, including many computer components? As digital & electronic demand increases, so does the demand for precious metals. Precious metals are Layer 0 to Bitcoin, and thus fundamentally linked.
Looking back 10 years on Kitco videos the predictions were 2600 to 5000 lol, it’s always the same story , jam tomorrow, one day it might double but will I or my kids have died of old age before then lol
follow money: paper scam .. print print print deceive people like you... are you sure you are blokchain , cripto money mindful ?? that 2 things completely different. dont kidding with gold ; you may be wrong in the future...
I like GLD but tapering / rising rates are not going to help gold out... in the c19 crash / 2008 / 2000 crashes GLD always always crashes hard just like everything else... It is a hedge but is sold as soon as there is a liquidity crunch. People sell their GLD & everything to cover margin as it is collateral...
Not sure how raising interest rates to curb inflation is a good news for gold. Gold should be going up right now while inflation is rampant. It seems people really don't care that much about gold in the end.
ok, i've been holding physical silver and gold for years - without any meaningful gains to shout about - would have thought I should be ready for early retirement by now - its manipulated beyond belief!!! - China and Russia have been stacking tonnes which I thought was positive , now i'm thinking its being manipulated because they are stacking , is this a part of the currency wars going on or am i being a little too paranoid? any thoughts?
Well it all depends on if (I would go for when) a financial reset is in the cards, once the bubble burts and the dollar crashes, an international dollar (or whatever you want to call it) will have to replace it, I'm quite sure real gold, among other real assets will back it.
Gold and BTC is my bet, BTC is risk on, gold is risk off, this time 10 years one or both will multiples of their current price the defense of gold compliments bitcoin, the volatility of BTC be it up or down is easier to stomach with afew bars of gods money locked away in a box.. ## health is wealth.. stay humble!!
Groy is a safe place to start. It's a large, well financed royalty company with cash flow listed on NYSE. Do research. Listen to ruck rule, he will put you in the right mind set. Find miners that produce gold and have cash flow. Don't fall I love with stories.
? for the crypto Xperts, when the Recession hits, is btc going to go up or down? Seems like a lot of the younger generations will be dumping it to survive, causing it to lose value
Everybody is going to be a millionaire soon. Just like Zimbabwe.
I'm already a 100 billionaire if you count my Zimbabwe note
Lol
Don't forget Venezuela to just like the Weimar Republic Hyperinflation in the 1920. today (Germany)
😀
Going for that single platinum coin...
Everyone should have some precious metals, if you disagree you know nothing about economy.
Everyone should have a horse and buggy because if you don't you won't be able to travel faster in the future.
...ford model T has entered the room 😅
I guess, but money isn’t real to begin with. Just a societal agreement or preference of something that is divisible in exchange for general purposes.
Borys, perhaps, maybe a small part of portfolio. But i would counter the same about bitcoin and ethereum. If one has any financial foresight, you can see the future value probability of them.
Schultz was awesome
Where do you buy gold ?
The Guy that’s smart is the Guy with a big garden , lots of chickens and a few cows ! ‼️‼️‼️
Billionaires worrying about inflation? Come on. They became billionaires because of inflationary policy!
Now's our chance then! ive been a retail small fry for 3 years.
The problem is they will be able to buy only 1 tank of petrol (or gasoline) with the bilions that they have in Hyperinflation just ask anybody from Venezuela and Zimbabwe
All sound good but how can I trust KITCO when they are sponsored by gold and silver companies?
You’re 100% right!
You don't.
Listen to the other side and weigh things up.
Michelle Makori doing such a good job as a interviewer ! Thank you Kitco
Gold, silver, BTC, and Eth...what’s wrong with owning them all? I like to cover all bases.
Then u should also hold dollars and seashells
@@generalstack6540 I limit my dollar holdings to 200k for bargain hunting down the road
The problem I found with gold and silver being part of the portfolio is they're losing in btc value which is all that matters these early days
@@tjmooney4181 the problem with bitcoin is its inherently deflationary.
@@claudius_drusus_ not a problem, it's an amazing perk, just get some while it's available. You can use as collateral in the future if you need funds
I'd rather hold a kilo of gold in hand than holding a crypto coin stuck in a cloud.
Lol yes go ahead, have fun!😂😂😂
If the FED wouldnt throw paper gold at the market Physical Gold and Silver would SKYROCKET FACTS
@@cocopuff7038 lol
Good luck paying for a loaf of bread with a kilo of gold when the dollar collapses.
@@yup01 you hack Bitcoin is a scam wake up
Boockvar is one of my favorites. Nice to see him on Kitco.
nice interview 👍, always enjoy a kitco interview
Great interview Michelle ..
Great interview. Please bring Mr.Peter Boockvar again soon. Thank you
How about the criminal Fed insider trading....why aren't people in handcuffs?
Lol, you said fed and handcuffs in the same sentence. The same rea son nancy pelosi and most of congress isnt locked up for insider trading.
Prison is for poor people.
The same reason Trump isn't. Exactly the same. $$$$ talks.
@@MPlain oh?
The Government works for the fed
This is probably the best news in a long time, Peter B is well versed in business.
Been hearing gold north of bs for years
Find a new story
Michelle is literally gold
not on the market
Physical gold is already well over $1850 an ounce. Spreads are going higher due to manipulation in the comex market but strong demand for physical gold.
Not Cryptos, not Dow, not Nasdaq, it's time for Gold and Miner's
haha yup already up 30% in my mining stocks
Lol let’s go hopium!😂😂😂
Bitcoin just broke another all time high days ago, while gold still has to to break its all time high ten years ago!😂😂😂
@@bahmak2003 Take a look at that Bitcoin chart. Getting set for yet another 10 to 30 k drop and soon. Time to make some real $$$$. The same way i have been since January. SELLING Bitcoin. :)
@@MPlain lol tell that to new bitcoiners! I have been hodling since 2012😂😂😂😂
Surprise ! Gold is recommended ?
Great guest,very sharp & logical
The fed is stuck... All bark no bite. They cant taper. They cant hike. Else, it crashes
A well balanced approach to inflation. Great interview
Wow $3k sounds great!
If bitcoin went to $65k, gold can and should do the same.
Thank you Michelle and Peter!
Let’s go Brandon!! 🙏✌️🇺🇸
Who the hell is Brandon?
The problem I have is the silver all time high lasted for just a little while driven by two guys trying unsuccessfully to corner the silver market. And now people hold that up as a legitimate "all time high" and now silver is 50% of that. I think that smacks of trickery, and people are better off not talking like that.
So true.
Problem I have is silver never trades near spot for us little schmucks and I really hate haggling with dealers. If silver goes to $44 again (a legitimate high, not far from the Hunt Bros $50) I'm unloading all of mine just to be done with it.
The word "sticky"has replaced "transitory".
Transtickytory 😄
@@Avathor73 😊😊😊
CRUDE OIL SHOULD FALL. PRICE IS VERY MUCH HIGH.
Wow I made a whole 50% on my gold in 5 years and only 6000% on btc. Way to go schiff
Exactly. Wasted my time. Been holding gold for 10 years
Sam here
You made 6000% I doubt it...You timed bitcoin perfect with all the ups and down??? haha....My money is your full of sh*t.....STFU troll!!!
Well if everyone invested there money in gold everyone has gains. If you made 6000% in bitcoin someone lost 6000%..
@@waterdeptworker maybe a miner who only had to use a computer at the time.
10 trillion dollars, 2 years, and people are still talking about Gold to the moon. We didnt go to the moon.
We didn't go to the moom but instead stayed in the room.....
Warren Buffet and Ray Dalio have some investment in gold.
Funny, people always talk about bitcoin being a suckers bet and gold being king and silver is queen. I think its the opposite. Metals are for pretty jewelry and bitcoin is king and ethereum the queen.
@@claudius_drusus_ lol 😂 😂😂
This is one of the better Kitco interviews I’ve viewed
All fake market fake fed props it up.. people they are killing u w jab
We are at war w ccp and people are clueless. Bioweapon masks tests.. vax wake up normies
thorough and sober analysis. thanks
Extremely good quality interview there 👌
Gold $50,000 🚀🚀🚀🚀
I’ll believe it when I see it
Just around the corner!
Yeah, same thing with crypto. I'll believe it when I can see it. Until then it's imaginary pretend money.
It will be too late then
@@tobieaina never too late
@@tobieaina I have some PMs but I’ve been waiting for years
Gold below 2K is a no-brainer. Been buying gold aggressively on any minimal pullback. First time in years.
This was an amazing interview
Helpful and interesting interview. Thanks a lot! 👍
He is my favorite and so respected advisor!
Who is this fella, smart guy
The Fed is doing less bond buying/stimulus, not tightening. There's a difference.
That guy is the politically correct version of Peter Schiff
Lol Peter is funny 😄
@@christopherhernandez3909 If by "funny" you imply hes a troll then sure...
CRUDE OIL SHOULD FALL. PRICE IS VERY MUCH HIGH.
Great interview 👍 👏
I would watch her videos even if she would read from the telephone book😁
Stop simping it's embarrassing.
Seriously, grow up!. Its embarrassing.
CRUDE OIL SHOULD FALL. PRICE IS VERY MUCH HIGH.
What's a telephone book?
I don't like her accent. Sounds pretentious.
I liked the point about the baseball card!
Gold and Crypto are very different things. Crypto people are mostly the same people who are into EVs, tech stocks, etc, so when the Tech stocks crash, so will the cryptos and when that nerd cash start flowing into gold, i'd be out there selling!
The one that’s right is Peter Schiff. Everyone is late.
Peter schiff is right since bitcoin is below 100 usd!😂😂😂
@@bahmak2003 I know he’s aways early and people like you think he’s wrong. But then in time he’s right and then everyone jumps aboard. Peter clams bitcoin has a value of zero. And it will return to it . I myself could careless. I just get tired of everyone talking about bitcoin.
@@farmerdude3578 you are tired because you know nothing about bitcoin but you want to believe that you know bitcoin!😂😂😂
@@farmerdude3578 It's probably not gonna go to zero tho, but -95% or so for sure, I'd say time span of 5 years. It's just a bubble that has a lot of wind under it's wings. Eventually it'll cool off.
@@viirusiiseli well it went to zero in China basically over night.
Semiconductors can be made with copper and aluminum too, not just silver.
For those who've been paying attention, you'll know we have copper prices up and shortages forecasted, plus aluminum shortages.
So, that could help silver too. Lots of other stuff it could benefit as well.
Food for thought.
LMFAO! Trusting Kitco to make gold price predictions is like asking a used car salesman if the engine is in good shape.
Yup! 100%
He said the truth. Bitcoin will like tulip mania in near future. And within 2 years gold will up to 3,000 usd not 15,000 usd as Jim Richards said
Jim Rickards is the best I know about his coments on Gold and he is Right
20% ?
Great questions and even better answers.
They won't let gold or sliver explode yet.
Keeping Gold and Silver at these levels offers real investors a fire 🔥 sale. Keep stacking at these levels because when it goes higher it’s never coming back.
I sure hope so
The dollar is down over 60% in 10 years. So, in order for gold to be a hedge it has to more than double. No one is calling for 2 or 300% gold. Therefore it’s not working any more. These people should talk to Michael Saylor. He will educate them.
The price is artificially suppressed from futures trading, this is pretty basic to anyone following precious metals. It's unsustainable as other prices increase, meaning it costs more to mine and refine the metals, and the metals are needed for industrial things - eventually the facade breaks and you're forced to allow it to correctly price. Bitcoin is great, but the whole "gold hasn't worked in 10 years" thing displays a fundamental misunderstanding of what's going on.
@@yup01 You do understand that a lot of that industrial use is for contacts in electronics, including many computer components? As digital & electronic demand increases, so does the demand for precious metals. Precious metals are Layer 0 to Bitcoin, and thus fundamentally linked.
Illogical to think that gold will rise due to tightening
It all makes sense if you put inflation into the picture.
Platinum and Silver conference called and said "inflation....where?"
Ethereum's adoption rate is twice that of bitcoin. And the reason why is decentralised finance. The network effect is growing very quickly.
Looking back 10 years on Kitco videos the predictions were 2600 to 5000 lol, it’s always the same story , jam tomorrow, one day it might double but will I or my kids have died of old age before then lol
I just follow the money, selling gold, holding silver and buying bitcoin. Will young people that inherit wealth go into gold?
Follow the money? If you were you'd know China, Russia, Hungary and central banks, and many other countries bought gold by the TON in 2021...
follow money: paper scam .. print print print deceive people like you... are you sure you are blokchain , cripto money mindful ?? that 2 things completely different. dont kidding with gold ; you may be wrong in the future...
Until Comex paper price dumping backfires nothing will change with Silver and Gold.
God I hope your right !!!
Best news i’ve heard in a lonng time
Mother Earth 🌍 not giving up much silver .
Geologist state it could be gone soon .
BUY PHYSICAL SILVER BULLION !!!!’
I like GLD but tapering / rising rates are not going to help gold out... in the c19 crash / 2008 / 2000 crashes GLD always always crashes hard just like everything else... It is a hedge but is sold as soon as there is a liquidity crunch. People sell their GLD & everything to cover margin as it is collateral...
Exactly, but only in first few days and weeks, then gold goes through the roof…
For the price of an ounce of gold in 1921 you could buy a nice suit.
For the price of an ounce of gold in 2021 you could buy three nice suits.
Applied on housing an ounce nowadays buys you much less !
There's a difference though: In 2021 the suit was taylor and handmade.
Gold is not going to 3k or 4k, but 5k or 6k next year. Go physical!
The dollar has gone, no more credibility. For some unknown reason, the US government no longer wants the dollar as a reference currency.
Is there difference of investing in the infrastructure and stimulus?
Not sure how raising interest rates to curb inflation is a good news for gold. Gold should be going up right now while inflation is rampant. It seems people really don't care that much about gold in the end.
Buy gold
The Fed tightening? 😂
baseball card analogy... ridiculous!!
How long have you been saying the same thing?
Is she a model ?
19:23 looks at emails and post letters ... ^^
We are so Brandoned
Fokd
that one is old already
Bunscakeeeee 😍
bukcake 😍
I think we should all start our own Bitcoin?
This guy completely misses the value of a permissionless secure monetary network and compared Bitcoin to a baseball card…
Yes, Michelle was very diplomatic in not pointing that out to him. She quickly figured out he doesn't know enough about crypto and left the subject.
a tax on a corporation is a hidden tax on you.
Nice one
ok, i've been holding physical silver and gold for years - without any meaningful gains to shout about - would have thought I should be ready for early retirement by now -
its manipulated beyond belief!!! -
China and Russia have been stacking tonnes which I thought was positive , now i'm thinking its being manipulated because they are stacking , is this a part of the currency wars going on or am i being a little too paranoid? any thoughts?
Well it all depends on if (I would go for when) a financial reset is in the cards, once the bubble burts and the dollar crashes, an international dollar (or whatever you want to call it) will have to replace it, I'm quite sure real gold, among other real assets will back it.
yeah ofcourse the price is going to double, but doubling is a little inconsequential, its supposed to quadruple at the very least
🤣
True.
Let's go Brandon!
Why don’t you go cuddle your orange baby. You’ll probably find him in a bunker crying his eyes out.
@@docmartin4989 well good luck with all your bullshit you got a real leader in office right now
Who the hell is Brandon? Must be a secret Trumptard message to attack a federal building.
Peter rocks
Gold and BTC is my bet, BTC is risk on, gold is risk off, this time 10 years one or both will multiples of their current price the defense of gold compliments bitcoin, the volatility of BTC be it up or down is easier to stomach with afew bars of gods money locked away in a box.. ## health is wealth.. stay humble!!
Silver 500 paper ozs per 1 real oz
I'm new to investing in the miners. any suggestions on 2 or 3 Gold . and
2 or 3 silver miners or just stick to etfs ?
Groy is a safe place to start. It's a large, well financed royalty company with cash flow listed on NYSE. Do research. Listen to ruck rule, he will put you in the right mind set.
Find miners that produce gold and have cash flow. Don't fall I love with stories.
A lot of BS is the mining business
Bto
Van Eck has a Gold Miners ETF
@@darrylknight2675 thanks
I love this lady’s accent ❤️
this guy is a bosss
Certain countries and cultures have coveted gold for thousands of years. That will NEVER change because of crypto.
Electricity has completely replaced candles, which had been around for thousands of years before electricity was invented.
Back-to-the-basics 🕯
No. Just did not happen.
And you think the people manipulating the price are going to let that happen?? Wake up and smell the bullshit.
06:23
Inflation cant be transitory. If they would increase interest rates, i wonder how much money they will need to cough out for the amount printed.
gold vs bitcoin... but the portability Peter
? for the crypto Xperts, when the Recession hits, is btc going to go up or down? Seems like a lot of the younger generations will be dumping it to survive, causing it to lose value
Down. Bitcoin doesn't do good during recessions. As you can imagine.
His comments are playing out.
High inflation is not bullish for gold per se.
Gold 🥇🚀🚀🚀🚀🚀☁️🌤
We expect the Fed to resign its not needed.