Mines only produce 2% annually of all the gold in existence. Having a few mines closed is not the reason for the pressure on gold price. The pressure comes from brrrr
Jorge Gomez apparently mining companies expect global gold production to peak in ~2023 so the reduced supply will likely start to play a role in a few years.
Oh come on guys. Gold responds to geopolitical events, availability and demand, economy and share market confidence. Not to mention pandemics. So how's the politics going? How's the availability? Know anyone who is NOT in debt ? Who thinks the market is at fair price ? And have we got a vaccine for coronavirus?? I would say that gold will soar but buy the bottom of every peak. I started buying in 2015 and will continue. I also study the markets and moving averages. How is Tesla going - watch the earnings statement on that one. My guess is it will drop by at least 20% by December... Way overvalued
Nobody KNOWS what's gonna happen. Own a little of everything: Gold, silver, mining companies, real estate, international stocks and bonds, US dollars, Euros, Yen, Swiss Francs, S&P500, bitcoin, Ark innovation funds, rare books and other alternative investments that interest you, foreign language lessons so you can move to another country, personal healthcare so that you are in optimal health and any other discipline you need, raise chickens, grow a garden, and get a freaking part-time job ... and you should be okay. And stock-up on food, tobacco, alcohol, weed, and other legal commodities you can use for barter or consume yourself.
Live in France and bought the last of my gold a month ago when the spot price was at 1720$. You could go to my dealer in Paris and buy coins and bars, didn't have to order. At 11am this morning was looking at the gold price in € terms on the Bullionbypost website and saw that there was a delay in sending gold to buyers because of a big demand. So I called my dealer just to know what his situation was like and after half a dozen tries and telling him who I was, I asked him if he could sell me coins if I came the same day. He said he had none in stock but that he could put me on a priority waiting list. He said he has NEVER seen anything like this, the demand for gold seems never ending. If I still had money to invest I'd buy at 1900$, I wouldn't wait for any hypothetical correction just to try and buy gold a few dollars or €uros cheaper. The important thing is to buy gold end of story, at least while you still can.
@@jacquesdelarosiere6777 : Gonna be a long wait. Gold went up 300% during the last financial crisis in 2008 for four years running. But at least you knew what was going on and what kind of money we were talking about. At the time, France had à 700 billion debt and are now at 3000 billion and no one knows when this will end. There's no vaccine in sight, the amount of new cases are growing non stop in France as family gatherings for the summer holidays are posing a huge problem. In Spain, Barcelona will soon be under lockdown, french officials are asking their citizens to avoid the city and it's outskirts at all costs. Portugal and Belgium have growing concerns too. The experts who were asking the government to take measures in february say that Europe will be under lockdown come mid-august at the latest. What do you think will happen then. There's nothing irrational with the gold rally. Twenty years ago you could buy a kilo bar of gold for 8000$, today it's at 60 000$. I expect people would have said "you're nuts" to anyone who'd have said that that bar of gold could get to that figure.
i started investing most of my stocks, the funds i earned in my 9-5 back into stocks i traded my way to a $700,000 stock portfolio and invested into GOLD 2 years later,
I recommend Kyle Holt Karens she managed my trades and mentored me in the past. She is a Regulated Broker and thus available to the public. Just search her name online and check out her website, mail her for information concerning her services.
The V shaped recovery? It’s zombieville/apocalypse out there. Just one example over 50% of restaurants reported to yelp that they are permanently closing
I am a 45 year old wife, mother of 4 and a two time small business owner living in California. I am a registered Independent and was NEVER into politics. My husband is a conservative and this caused many heated conversations in our home. That all stopped the day George Floyd died. I watched, listened and did my research on what both sides were doing. It was fair to say everyone wanted justice for what happened but also incredibly clear as to how each side handled it. I was saddened to see how the left used their followers with lies and manipulation. I stopped watching mainstream media, I reached out to my conservative friends and told my husband I was going to vote for Trump in the upcoming election. He almost fell over!! I also started following as many black conservatives as I could find. It was so eye opening and a breath of fresh air. I woke the hell up!! Today I am happy to say that seeing all of these posts gives me hope. It has been earth shattering scary to walk this journey in today’s climate as I have seen so many people fall off the friends list and families crumble. But I have faith that with God and my new found voice, we have a fighting chance as the silent majority to make America the beautiful place it should be. I have hope again! #Trump2020
Wow a brain washed person with god in front lol. You are a PEASANT IF YOU BELIEVE IN GODS... they were invented by the ruling class to rule people like you. ;) remember dark ages? GOD killed people ;)
Gold is a very under-owened asset, even though gold has become much more popular. If you ask any central bank, any sovereign wealth fund, any individual what percentage of their portfolio is in gold..., you'll find it to be a very small.... It's...imprudently small..., particularly at a time when we're losing a currency regime. Crypto (Bitcoin) right now is like the internet circa 1995. It's still supper early. The next bull run will turn thousands of broke people into multi-millionaires again.
Peter Schiff has a vested interest in NOT SEEING the value of Bitcoin, and doing his best to keep his followers from seeing the value of Bitcoin. Bad for them, great for the rest of us - because they'll be the last ones in and we'll have someone to sell our bags to. 😁
@Morry Cooke I will recommend Mrs Diane Robinson Trading Services for you their strategies is working for me at the moment and making good profit from bitcoin trading
The guy has been on gold for many months now. And with a trillion Euro stimulus from Europe and another trillion stimulus from US govt early next month. Where do you think the money is going to flow into? Stock market and precious metals, your pick?
Okay perhaps i missed seeing him recommending gold last year. But recommending it (again now) while the price movement is hyperbolic is simply inviting novice audience into a wild roller coaster ride maybe later next few weeks that they are never prepared for
When you make the right decisions and take the right steps in stock trading the chances of losing your funds becomes slimmer and almost impossible especially when you invest with the right broker like Mr Jerry Ferdinand
You're right. The price of a can of beans that can be stored for 20 years is not ever going down. It's only going up. But you have to pay for the space needed to store it.
@@sunshinegirl4715 The US are today considering another $1 Trillion dollar stimulus package it will be interesting to see how high Gold goes after it goes through, the more interesting thing is how the Gold stocks are still being traded in a similar way to normal stocks with the NASDAQ being down on the stimulus announcement 🤔
I get why EVERYONE must hold gold now. Most are doing it on paper-no real physical holding. Is there really enough physical gold on hand to support this parabolic gold demand? Does it matter? If it does not matter, why is it now different than any other fiat currency? Are shares of gold funds rarer and more promising than shares of Apple stock now? Comments very much appreciated......
@@BatmanBoss my comment was more about his reponse inspired zero confidence in the market hes bullish on. Has nothing to do with my thoughts on metals.
Oh you are wrong. He is buying at these levels and will continue to do so for sure. Every Dip in Gold will be bought like crazy for longer than you can imagine. Situation is way different from the banking crisis in 2008/2011.
Silver is starting to go up faster than gold. Platinum could be next. Way under valued compared to gold. Either way precious metals will continue to do well with all the money printing.
So what happens if the gov't makes transactions in gold illegal & eliminates paper money for a digital currency which will be the only permissible vehicle of any kind for transactions?
If that happens they flat out admit they royally screwed up. People will probably not trust another government backed currency again for a long time unless Gold is in the center of it. Good thing our wise central Bankers declared with Basel III Gold as a class Tier I asset again. I wonder what it was that they felt they needed to do that.
In hindsight, I actually get his point. There was a discussion on YT today where Eric Sprott placed an order for some ludicrous amount of silver (I forget-70mil ounces?) and the Comex fraud is really stretching physical supply. This includes gold where the supplies too, are finite. Given the current demand for precious metals, even with the absence of Indian and Chinese jewellery purchases, one can only be led to the conclusion that their prices are destined to appreciate considerably.
Actually, it is the opposite. The mainstream media has been told to suppress precious metals talk for years. There is no way the press can ignore this. Cat is out of the bag!
First, Gold and Silver are not supposed to pay a dividend or interest, why?.....because it's money. Just like the dollar, the euro or the pound doesn't pay interest or dividends, either. The underlying investment i.e. CD, Money Market, Mutual Fund, ETF, etc pays the interest or dividend. Gold is an asset, not investment.
Jonah Hex it can be both. Right now holding 10k in the bank gives you like 5 bucks of interest. Holding gold at least will go up in price over time. I wouldn’t put all my savings in gold but 5-10%of your portfolio is not a bad idea. in low interest rates.
@@KijasFX Won't argue with your post. At least you know the value of Gold. Yes, we all need to save and have cash, agreed. Just wish it was like in the last century when cash was backed by some percentage of Gold.
Spend every cent you have to invest in gold. The dollar is dead. I just bought about a million and I am taking physical delivery. I intend to chip small bits of it to pay for my Whole Foods groceries if Jeff Bezos will let me..........
Crypto, Stocks, Currency is fucked ... buy GOLD GOLD GOLD ! GOLD IS GOING TO GO TO 8200 $ + an OUNCE BEFORE THE END OF 2022 Gold is the next Crypto !!!
If gold and the S&P move in tandem then the S&P is technically stagnant, as the S&P priced in US Dollars which have an inverse relationship to the price of gold. In 1800 you could buy a custom suit for 1oz. of gold, same as today. Gold is the constant.
i wish i knew the average ounces held by people. NOT the percentage of "Wealth." most people have no wealth so that's not too helpful. 10 percent of most people's "wealth" equates to nothing. How many ounces is considered decent?
Is fedcoin considered fake money by the higher up finance types? Will it be dually run by the side of paper fiat money and how long? The Bakong is the first sovereign coin in Cambodia. Interesting that such a small country has blockchain
Möbius needs to know that Australia is the second biggest producer of fine gold and her in golden Western Australia, we are virtually a Covid 19 free zone so business as usual. I assume the same for the no 1 producer, China. Lack of supply is not really a driver, I believe.
One risk in equities will be an American wealth tax passed by Democrats in Congress. A 50% increase in capital gains will wipe out the risk adjusted returns of most investors.
antes va haber una gran caida de todo los mercados, solo de ahi verdaderamente subira el oro...estamos cerca a una gran sacudida, donde el mercado de acciones caera al 50%....sucedera justo cando digas que es alcista.
Looking at the state of things, I think dollar will collapse at some point (after huge deficit driven infrastructure spending to create jobs) and will be replaced with some form of cryptocurrency backed by gold or sth other commodity...
there is a one story about money , in story , one tourist went to veeery big hotel and he said i want to look how s hotel and rooms so hotel said give me deposit so you can look he gave 100 , with that 100 hotel worker ran and paid his debt to butcher and then with that same 100 butcher paid his debt to escort , and then with same 100 escort paid her debt to hotel . and then tourist came and took his deposit and said thaks i did not like the hotel and gone . but in the town everyone paid their debt to each other and they are all happy .
V shaped recovery..lol Did he say its been incredible. Stocks to preserve capital.. = what ? 2,500 million people in lockdown for three months and we are now approaching a second wave. $ trillions more QE is needed .
The number one rule in investing is never to go against the big money or the Fed. So you think the big money will want a gold-backed currency? Get real.
The Fed can only control when people believe in the fiat they print. Based on how fast they print now, the belief is slowing down. They will try their best to fool Americans. But our creditors abroad are not that stupid. Bonds are paying them less than 2 % right now. That’s shit. Plus the Fed is printing more. So it will be more shit.
Why buy Gold at retail prices, when you can buy the miners who dig it up at a quarter of the price? 🤯 Mark, ‘if you haven’t looked at the numbers, recently’ then please look at them before you voice an opinion or come onto Bbg TV. Alternatively, can Bbg invite better informed guests?
What fucking V recovery? Yeah buy gold but you should have done it in 2018 and 2019 after 9/2019 QE Gold went wild and look where it is now... Respect to the lady for questioning V shape... The world is toast, specially the US....
why do people listen to Marcus his MER through Templeton is higher than his 10-20yr return on his emerg mkt funds plus he flies relentlessly on a 747 unless that's changed 8 yrs ago where he operates from, smart guy, but don't listen to him on investments, i did for 10 yrs , like Brandes value fund, you can only take punches for so long, albeit he is really interesting to listen to Geo politically, but walk away, JMHO
Skip Matsey I would rather own a portfolio of great companies that produce cash than gold. Gold relies on other people coming along later and wanting to pay more for it than I did.
Bitcoin and Litecoin reward halving supply shock closer each minute..⌛️..⏰ 2012 and 2016 halvings ignited 🔥 the exponential 2013 and 2017 price surges!
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![[LIVE] : ONE ลุมพินี 88 | คู่เอก "ป้อมเพชร vs อัสลามจอน"](http://i.ytimg.com/vi/1ZqTVVbMgbo/mqdefault.jpg)
Mines only produce 2% annually of all the gold in existence. Having a few mines closed is not the reason for the pressure on gold price. The pressure comes from brrrr
Jorge Gomez apparently mining companies expect global gold production to peak in ~2023 so the reduced supply will likely start to play a role in a few years.
It’s another pressure tho every drop counts
And the printer goes brrrrrrrr
It is because of fed printing.
Oh come on guys. Gold responds to geopolitical events, availability and demand, economy and share market confidence. Not to mention pandemics.
So how's the politics going? How's the availability? Know anyone who is NOT in debt ?
Who thinks the market is at fair price ?
And have we got a vaccine for coronavirus??
I would say that gold will soar but buy the bottom of every peak. I started buying in 2015 and will continue.
I also study the markets and moving averages. How is Tesla going - watch the earnings statement on that one. My guess is it will drop by at least 20% by December... Way overvalued
If everyone starts stacking precious metals we don’t need dollars for saving and wealth preservation
@A R Gold is the ultimate private property and a guarantor of property rights.
Nobody KNOWS what's gonna happen. Own a little of everything: Gold, silver, mining companies, real estate, international stocks and bonds, US dollars, Euros, Yen, Swiss Francs, S&P500, bitcoin, Ark innovation funds, rare books and other alternative investments that interest you, foreign language lessons so you can move to another country, personal healthcare so that you are in optimal health and any other discipline you need, raise chickens, grow a garden, and get a freaking part-time job ... and you should be okay. And stock-up on food, tobacco, alcohol, weed, and other legal commodities you can use for barter or consume yourself.
thanks for the rip.
Mobius is way too optimistic about the general state of the markets......
Rofl he is always been optimistic.
Markets are fine. People are fucked.
he has to be ... that is his living ... investing other people's money ... if there is no hope ...well ... he would be out of a job.
Gold is money..... the dollar is fiat not money!!!!!!!
WORD!!!
Amen!!! As JP Morgan himself said: “Gold is money everything else is credit.”
I wanna know what to do with my cash. Should I put it all in metals?
Live in France and bought the last of my gold a month ago when the spot price was at 1720$. You could go to my dealer in Paris and buy coins and bars, didn't have to order. At 11am this morning was looking at the gold price in € terms on the Bullionbypost website and saw that there was a delay in sending gold to buyers because of a big demand. So I called my dealer just to know what his situation was like and after half a dozen tries and telling him who I was, I asked him if he could sell me coins if I came the same day. He said he had none in stock but that he could put me on a priority waiting list. He said he has NEVER seen anything like this, the demand for gold seems never ending. If I still had money to invest I'd buy at 1900$, I wouldn't wait for any hypothetical correction just to try and buy gold a few dollars or €uros cheaper. The important thing is to buy gold end of story, at least while you still can.
Also tulips are cheap I hear... I am happy with my front-seat to the show on all this irrationality unwinding
@@jacquesdelarosiere6777 : Gonna be a long wait. Gold went up 300% during the last financial crisis in 2008 for four years running. But at least you knew what was going on and what kind of money we were talking about. At the time, France had à 700 billion debt and are now at 3000 billion and no one knows when this will end. There's no vaccine in sight, the amount of new cases are growing non stop in France as family gatherings for the summer holidays are posing a huge problem. In Spain, Barcelona will soon be under lockdown, french officials are asking their citizens to avoid the city and it's outskirts at all costs. Portugal and Belgium have growing concerns too. The experts who were asking the government to take measures in february say that Europe will be under lockdown come mid-august at the latest. What do you think will happen then. There's nothing irrational with the gold rally. Twenty years ago you could buy a kilo bar of gold for 8000$, today it's at 60 000$. I expect people would have said "you're nuts" to anyone who'd have said that that bar of gold could get to that figure.
@@jacquesdelarosiere6777 You're funny,,,, but very wrong.
@@jacquesdelarosiere6777 LOL! Hope you have lots of spare time because you'll be sitting watching for a few years.
@@jacquesdelarosiere6777 HaHaHaHaHa Your going to need to be sitting down
i started investing most of my stocks, the funds i earned in my 9-5 back into stocks i traded my way to a $700,000 stock portfolio and invested into GOLD 2 years later,
How exactly do I reach her?
it is possible it depends.
does she also handles trading like a fund manager?
I recommend Kyle Holt Karens she managed my trades and mentored me in the past. She is a Regulated Broker and thus available to the public. Just search her name online and check out her website, mail her for information concerning her services.
you can communicate with her on the website platform, or send a direct mail.
How much would I need to start trading with Mrs Kyle Trade?
I know I’m not the only one who heard that bong rip!!!!
Sounded like cork squeeking and pouring a glass of alcohol
Inflation destroys consumer spending which the Stock Bubble is built on...
Deadly pandemic sweeping the world, let's buy gold.
Deadly Pandemic sweeping the world, let's print a couple Trillions.
Gold Will hit all-time-high next week
It already did...
The V shaped recovery? It’s zombieville/apocalypse out there. Just one example over 50% of restaurants reported to yelp that they are permanently closing
This guy is totally detached from reality. I facepalmed when he said V shaped recovery õO
Truth
No recovery here. Just more unemployment and business closings.
Closures and bankruptcies all around, sounds bullish.
Mobius was right. Just hold the physical mainly. Then get some stocks
GOLD stackers are in excellent 👌 shape...... GOLD and properties you could never go wrong.💖💖💖💖💖
hope so
Leveraged properties will take down a lot of investors. If they can't make payments the first position takes the property.
so what inflation is bearish for gold now ?
G O L D
NAK, thank me later ...
And silver
GOLD AND SILVER ARE REAL MONEY ! MY FIAT MONEY LOSES PURCHASING POWER EACH YEAR !!!
I am a 45 year old wife, mother of 4 and a two time small business owner living in California. I am a registered Independent and was NEVER into politics. My husband is a conservative and this caused many heated conversations in our home.
That all stopped the day George Floyd died. I watched, listened and did my research on what both sides were doing. It was fair to say everyone wanted justice for what happened but also incredibly clear as to how each side handled it. I was saddened to see how the left used their followers with lies and manipulation.
I stopped watching mainstream media, I reached out to my conservative friends and told my husband I was going to vote for Trump in the upcoming election. He almost fell over!! I also started following as many black conservatives as I could find. It was so eye opening and a breath of fresh air. I woke the hell up!!
Today I am happy to say that seeing all of these posts gives me hope. It has been earth shattering scary to walk this journey in today’s climate as I have seen so many people fall off the friends list and families crumble. But I have faith that with God and my new found voice, we have a fighting chance as the silent majority to make America the beautiful place it should be. I have hope again!
#Trump2020
Also a Trump Supporter, I agree with you 👍
Wow a brain washed person with god in front lol. You are a PEASANT IF YOU BELIEVE IN GODS... they were invented by the ruling class to rule people like you. ;) remember dark ages? GOD killed people ;)
Nothing like lining up to follow a sociopathic clown. Good luck with that.
Is God blessing America and Trump? Trump is a false leader, if God approved of Trump America would be being Blessed.
Are you paid for this advertisement?
It sounds SO FAKE.
Gold is a very under-owened asset, even though gold has become much more popular. If you ask any central bank, any sovereign wealth fund, any individual what percentage of their portfolio is in gold..., you'll find it to be a very small.... It's...imprudently small..., particularly at a time when we're losing a currency regime. Crypto (Bitcoin) right now is like the internet circa 1995. It's still supper early. The next bull run will turn thousands of broke people into multi-millionaires again.
Peter Schiff has a vested interest in NOT SEEING the value of Bitcoin, and doing his best to keep his followers from seeing the value of Bitcoin. Bad for them, great for the rest of us - because they'll be the last ones in and we'll have someone to sell our bags to. 😁
60% of my crypto investments are in Bitcoins and I'm not even bothered about the predicted dump or pump
@Morry Cooke I will recommend Mrs Diane Robinson Trading Services for you their strategies is working for me at the moment and making good profit from bitcoin trading
Wow I'm just shocked you mentioned and recommended Mrs Diane Trading Services, I thought people don't know them... they're really awesome!
Sorry, Here is her TeLe Gram Channel @ Diane_RobinsonNet
Gold had been going up for months, why now recommends it not then ?
EK Lim he wants to short
Shalom Because they are going to drop gold and by them telling people to buy they make more money when it shorts...
The guy has been on gold for many months now.
And with a trillion Euro stimulus from Europe and another trillion stimulus from US govt early next month.
Where do you think the money is going to flow into? Stock market and precious metals, your pick?
Okay perhaps i missed seeing him recommending gold last year. But recommending it (again now) while the price movement is hyperbolic is simply inviting novice audience into a wild roller coaster ride maybe later next few weeks that they are never prepared for
We'll see next weeks onward whether it can maintain such hyperbolic price movement
Gold/Silver stocks and gone up 200% since March 23 lows. APPL may have recovered but it’s around 80%.
$2000 gold by year end, $3000 gold by 2022
$28 000 bitcoin 2021
@@michaellilienfeld4137 lol
Bitcoin to da moon!
I like GOLD, but 300 in 2022 is too slow ... I like the fastest horse like Paul Tuder Jones - Bitcoin!! :-)
Silver has become Unobtainium...
Silver $40 by election and $100 a year after that.
When you make the right decisions and take the right steps in stock trading the chances of losing your funds becomes slimmer and almost impossible especially when you invest with the right broker like Mr Jerry Ferdinand
i would like to have him handle my trades, how do i reach him?
i started with $1500, he charges a considerable 20% commission on profit made.
@@gregjohnson4346 OK, go write him at [officialjerryferdinand@gmail.com]
I appreciate the trust built over the past few weeks of investing with Jerry Ferdinand and I respect him for his honesty and hard work
Buy beans in tomato souce and pasta
Gold tends to store better I have $85k of it in the deposit box
@Muneeb Iqbal Free wifi?
Metal Bum sure hope it’s not in the bank.
You're right. The price of a can of beans that can be stored for 20 years is not ever going down. It's only going up. But you have to pay for the space needed to store it.
As i predicted months ago gold Will shine even more than it already does
como predije antes que tu....exactamente.
the stock market is a bubble now. get out of stocks while u can . Buy gold silver.
@@sunshinegirl4715 Gold and Silver Mining Stocks are going to go through the roof circa $100 a share at least.
Ezekiel 7:19
@Shoestring Stacker Supply will be very tight from now on...
and gold mining stocks, they will bOOm
@@sunshinegirl4715 The US are today considering another $1 Trillion dollar stimulus package it will be interesting to see how high Gold goes after it goes through, the more interesting thing is how the Gold stocks are still being traded in a similar way to normal stocks with the NASDAQ being down on the stimulus announcement 🤔
V shaped recovery? what universe is he living in? must be nice over there =)
Gold is really starting to grow now.
Do's anybody have a view on Digital Gold? Thanx
I get why EVERYONE must hold gold now. Most are doing it on paper-no real physical holding. Is there really enough physical gold on hand to support this parabolic gold demand? Does it matter? If it does not matter, why is it now different than any other fiat currency? Are shares of gold funds rarer and more promising than shares of Apple stock now? Comments very much appreciated......
I have invested my savings in gold. What will be the expected price by the end of December 2020??
2100
How to buy gold stocks
Interviewer: "Gold, are you buying it at these levels?"
Mark: "Oh yes, I would be buying now and continue to buy"
That did not sound too convincing...
Good, don’t buy! Leave them for me!
Go buy more Facebook then smart guy
@@BatmanBoss my comment was more about his reponse inspired zero confidence in the market hes bullish on. Has nothing to do with my thoughts on metals.
Oh you are wrong. He is buying at these levels and will continue to do so for sure. Every Dip in Gold will be bought like crazy for longer than you can imagine. Situation is way different from the banking crisis in 2008/2011.
Silver is starting to go up faster than gold. Platinum could be next. Way under valued compared to gold. Either way precious metals will continue to do well with all the money printing.
HK$ recommended! + Gold = 621 TAUNG GOLD✔️👌
So what happens if the gov't makes transactions in gold illegal & eliminates paper money for a digital currency which will be the only permissible vehicle of any kind for transactions?
If that happens they flat out admit they royally screwed up. People will probably not trust another government backed currency again for a long time unless Gold is in the center of it.
Good thing our wise central Bankers declared with Basel III Gold as a class Tier I asset again. I wonder what it was that they felt they needed to do that.
I’ll buy bit”gold” and wait for my 500% return
Wow
In hindsight, I actually get his point. There was a discussion on YT today where Eric Sprott placed an order for some ludicrous amount of silver (I forget-70mil ounces?) and the Comex fraud is really stretching physical supply. This includes gold where the supplies too, are finite. Given the current demand for precious metals, even with the absence of Indian and Chinese jewellery purchases, one can only be led to the conclusion that their prices are destined to appreciate considerably.
When they say buy gold through news medias, it will be the opposite.
Actually, it is the opposite. The mainstream media has been told to suppress precious metals talk for years. There is no way the press can ignore this. Cat is out of the bag!
If your stepping over silver to buy gold . You have way to much money
Stepping over silver because its too heavy.
1k silver = $1000 AU
1k gold = $83,000
Therefore, AU for Au
Silver can stay on the floor lol
@@kendplumber4615 trust fund baby problems. I'm wicked jacked, and I enjoy lifting heavy things
@@kendplumber4615 its because of the mirrors, and the smoke . Mirror mirror..... th-cam.com/video/cHHLHGNpCSA/w-d-xo.html
Alexnder90 F ...people buy gold to stay rich, not to get rich
V shape recovery? When did he last go outside
say it with me now: the economy and the stock market are not the same thing...
Its the wall of money being printed that is jacking the markets
If you think your money is better than Gold. You can keep your money... I will keep my Gold. 🙄
mobius knows but is not disclosing how bad the economic situation is. This non disclosures allows the banks to quietly exit prior to full on collapse.
Does Mr. Mobius invest in prisoner kidney futures also?
First, Gold and Silver are not supposed to pay a dividend or interest, why?.....because it's money. Just like the dollar, the euro or the pound doesn't pay interest or dividends, either. The underlying investment i.e. CD, Money Market, Mutual Fund, ETF, etc pays the interest or dividend. Gold is an asset, not investment.
Jonah Hex it can be both. Right now holding 10k in the bank gives you like 5 bucks of interest. Holding gold at least will go up in price over time. I wouldn’t put all my savings in gold but 5-10%of your portfolio is not a bad idea. in low interest rates.
@@KijasFX Won't argue with your post. At least you know the value of Gold. Yes, we all need to save and have cash, agreed. Just wish it was like in the last century when cash was backed by some percentage of Gold.
Spend every cent you have to invest in gold. The dollar is dead. I just bought about a million and I am taking physical delivery. I intend to chip small bits of it to pay for my Whole Foods groceries if Jeff Bezos will let me..........
Crypto, Stocks, Currency is fucked ... buy GOLD GOLD GOLD !
GOLD IS GOING TO GO TO 8200 $ + an OUNCE BEFORE THE END OF 2022
Gold is the next Crypto !!!
If gold and the S&P move in tandem then the S&P is technically stagnant, as the S&P priced in US Dollars which have an inverse relationship to the price of gold. In 1800 you could buy a custom suit for 1oz. of gold, same as today. Gold is the constant.
Look at gold here... th-cam.com/video/z8IjFEmdres/w-d-xo.html
Its a sign when everybody are bullish on gold and silver it will crash down
How to find swat emerald /zamrood/ along mingora river swat valley pakistan
i wish i knew the average ounces held by people. NOT the percentage of "Wealth." most people have no wealth so that's not too helpful. 10 percent of most people's "wealth" equates to nothing. How many ounces is considered decent?
Gold💛
1933 Roosevelt confiscated private gold ownership and paid $21 per ounce. Calculate: -21$(PV) 87 years (n) 2038$ spot today (FV), compute compound return (I/y) = 5.4% annualized. Beats inflation, treasuries without counter-party risk.
What’s she doing, pouring drinks in the background?
How do you buy gold without going to a jeweller
apmex or gainesville coins.
It doesn’t matter whether you can forecast the market, as long as you can say buy. I don’t know why Bloomberg invites him for free commercial.
Is fedcoin considered fake money by the higher up finance types? Will it be dually run by the side of paper fiat money and how long?
The Bakong is the first sovereign coin in Cambodia. Interesting that such a small country has blockchain
Don’t use the word “like” when referencing actuality. You lose credibility.
Some say big $ is betting on USD $
FOMO builds on gold now
Möbius needs to know that Australia is the second biggest producer of fine gold and her in golden Western Australia, we are virtually a Covid 19 free zone so business as usual. I assume the same for the no 1 producer, China. Lack of supply is not really a driver, I believe.
Sounds like he’s from
Baaaston . ,
Gold is nice but nickle is golden. Elon Musk has put out a call for as much nickle as possible. There's your golden ticket.
Never listen to these 'experts'
- since this video, gold has steadily gone down until now (March 20, 2021)
And Silver 🥈 🥈🥈😃✌️
Indian market's nifty recovered V shape..
He says a lot of things, media needs to fact check him
Based on your advice, i will start to unload from now...lol
Gold Rock 💖💖💖💖💖💖
I’m going to focus instead on buying productive assets such as real estate and stocks.
Hahahaha
Who says you can't do both? I've been in the Golden Butterfly portfolio since early February and I'm outperforming the S&P500 YTD. 🤷♂️
Whatever you say boomer
One risk in equities will be an American wealth tax passed by Democrats in Congress. A 50% increase in capital gains will wipe out the risk adjusted returns of most investors.
Recommendations?
antes va haber una gran caida de todo los mercados, solo de ahi verdaderamente subira el oro...estamos cerca a una gran sacudida, donde el mercado de acciones caera al 50%....sucedera justo cando digas que es alcista.
if you like gold... youll love bitcoin even better.
Anyone else hear someone smoking a bong at 1:13 ???????
100%
Interviewer has make up, probably drinking water off with a straw cus of that.
Looking at the state of things, I think dollar will collapse at some point (after huge deficit driven infrastructure spending to create jobs) and will be replaced with some form of cryptocurrency backed by gold or sth other commodity...
there is a one story about money , in story , one tourist went to veeery big hotel and he said i want to look how s hotel and rooms so hotel said give me deposit so you can look he gave 100 , with that 100 hotel worker ran and paid his debt to butcher and then with that same 100 butcher paid his debt to escort , and then with same 100 escort paid her debt to hotel . and then tourist came and took his deposit and said thaks i did not like the hotel and gone . but in the town everyone paid their debt to each other and they are all happy .
2600 by the end of August
V shaped recovery..lol
Did he say its been incredible.
Stocks to preserve capital.. = what ?
2,500 million people in lockdown for three months and we are now approaching a second wave.
$ trillions more QE is needed .
By the time vat on gold, a bad investment, unless very patient for years and years
no vat on gold, only silver.
No VAT on gold purchase in UK, only silver and platinum
Duh, no shit shirlock
NAK is by far the best Gold stock, at a minimum should be put into a watchlist, this thing is going nuclear soon
Excellent
The number one rule in investing is never to go against the big money or the Fed. So you think the big money will want a gold-backed currency? Get real.
John Ingram We’ll be forced to use whatever currency our international trading partners require for their goods
The Fed can only control when people believe in the fiat they print. Based on how fast they print now, the belief is slowing down. They will try their best to fool Americans. But our creditors abroad are not that stupid. Bonds are paying them less than 2 % right now. That’s shit. Plus the Fed is printing more. So it will be more shit.
John Ingram there not Gods , they cannot stop the force’s of nature. Free markets will win out eventually.
Don't forget your HF trading.
Why buy Gold at retail prices, when you can buy the miners who dig it up at a quarter of the price? 🤯 Mark, ‘if you haven’t looked at the numbers, recently’ then please look at them before you voice an opinion or come onto Bbg TV. Alternatively, can Bbg invite better informed guests?
because they tend to waste a lot of money and go bankrupt....
When I hear a salesman say Buy Buy Buy, I sell.
NAK, best Gold stock by far, thank me later
So what!??? I keep a stone in my home than keeping gold.
Inflation linked bonds are better as they guarantee protection from inflation
What fucking V recovery? Yeah buy gold but you should have done it in 2018 and 2019 after 9/2019 QE Gold went wild and look where it is now... Respect to the lady for questioning V shape... The world is toast, specially the US....
look at EVA and SILV or AG stocks for starters ,
why do people listen to Marcus
his MER through Templeton is higher than his 10-20yr return on his emerg mkt funds plus he flies relentlessly on a 747 unless that's changed 8 yrs ago where he operates from, smart guy, but don't listen to him on investments, i did for 10 yrs , like Brandes value fund, you can only take punches for so long, albeit he is really interesting to listen to Geo politically, but walk away, JMHO
What shall it profit a person if they shall have all the money in the world but lose their life.
@Motorcitymadman I used simple term; everyone don't know what the word soul means.
The FED Waldo ? Propping shit up with quantitative easing ? If the FED slows is printing press shit will get real....
BRRRRRRR BRRRRRR BRRRRRRR BRRRRRR BRRRRRRRRRRRRR
Mine ouput what kind of BS is that, print funny money asset prices can only go up
Gold has historically proven to be a terrible investment.
GLD has returned 8.16% over the last 5 years. With a Beta of .03 (non-correlated), it has provided excellent diversification benefits.
Skip Matsey Beta is not a true measure of risk.
Skip Matsey I would rather own a portfolio of great companies that produce cash than gold. Gold relies on other people coming along later and wanting to pay more for it than I did.
I prefer to own both. btw...Beta is a coefficient of correlation to the S&P 500. I never said it was a measure of risk.
Standard Deviation is your measure for risk. It includes both systemic and idiosyncratic risks.
Mobius reminds me of the guy on the movie Contact
Gold sucks ass, big tech is the way to go. If there’s a pullback buy more shares.
Are ya talking to me? Bruce Wayne got me these coughs and a mattress lol that’s nothing to him
Bitcoin and Litecoin reward halving supply shock closer each minute..⌛️..⏰
2012 and 2016 halvings ignited 🔥 the exponential 2013 and 2017 price surges!
Silver.!