I've followed Lynette for years, and I must say it's finally clicking with me how the big guys are playing us as suckers with depreciating dollars while all this time securing the gold to themselves for the time when the fiat game collapses. Great discussion. Thank you both.
LOl not really. Most people who own gold have a decent amount and can afford it. I know a guy that has 200 ounces bought in 2001ish for like under 400 bucks and he has never sold an ounce.
I have a question for Lynette if they're so few people around the United States and as far as percentage is owning gold why would they do a confiscation
@@Reutzel507yes your right if and when the stock market does crash Gold and Silver will take a good hit but it will rise up quickly shortly after like it always done before
Bold of you to assume the price reflects investor sentiment. Algorithms control price, not individual investors. If they want a $20,000 gold price, they can make that happen, regardless of what investor sentiment is.
if gold sold for bitcoin, then it will be the only country using BTC to back their debt. 189 countries will stand outside and watch, and stay away from TBills
The US doesn't exist in a vacuum, they are also prey to international gold prices, and there is demand for gold as China, Russia, India, etc. are buying gold like there is no tomorrow, I suspect they are planning to go the gold standard.
South Africa is not confiscating gold from private citizens. Also, very few people in the US actually hold physical gold. In addition, capital gains on the sale of gold, old or new, are taxed at the rate that collectibles are taxed; there is no difference. So, if the tax code dictates that even new gold is considered collectible for tax purposes, then it will have the same status as pre-33 gold, in my opinion.
94. Big year in South Africa. Yea, I'm not sure the state there could organize themselves enough to seize gold, but they don't have to. Just create the right conditions and regular folks will cause the mayhem for you. A wee bit like was done in Rhodesia in the mid-1990's. No. Rhodesia was a place were farmers weren't murdered. That would be Zimbabwe. My mistake. Completely agree with your point on ownership in the United States. They say 1% own it. Does that sound right to you? It sounds WAY too high, for me. Great comment. Have a great day.
@MarcoMasseria That lady has been shouting out improbable figures for 27 years, I buy gold from when it was just under 1000 dollars. But those sellers with their numbers of x50 and x100 are ridiculous. It is possible but in which century ,20028 Is still a long waaay offfff
We have just come out of (relatively) higher nominal interest rates. Factoring real inflation into account, the period we have just been in has been one of negative real interest rates, meaning of course that gold pays a higher "notional" rate of return!
You guys simply have no idea- the gold price runs up a 100 dollars in 3 days then loses 80 in the next 25 hours!!!!! Can’t get to stay at 2700 and you’re saying 40000? Stop kidding yourself.
The thing I don't get when she talks about confiscation is that if they can confiscate bullion then what makes her think they won't confiscate her pre 1933 gold. They're always changing the rules to benefit the powerfull.
Well said, FC. They most certainly will. These aren't people who value the spirit of the law and they will manipulate the letter of the law to the nth degree.
@@MarcoMasseriaMaybe because they didn’t confiscate collectible gold during the last confiscation. She maintains that the people who write the laws are most likely collectors themselves, so they write the rules to their benefit.
Because the people that own those coins are the people that make the rules. Because they are priced based on other characteristics it is too hard for the government to fairly price them. Bullion is a blanket price. Same price for every ounce. When they confiscated in the 30’s, they gave people the going price, then turned around and revalued it making purchasing power plummet for everyone.
I personally will never buy anything from Money Metals again. I had a bad experence with them several years back when I ordered a once palladium coin from them.
It seems far more likely that we would be subject to new black and gray market laws in the future that would outlaw trading in gold and silver than outright confiscation.
Actually, all 9,000 cryptos will someday in the not-too-distant future go to zero. The blind leading the blind. Gold is safe and historically tested to be so, cryptos are not.
You dont. You use it to buy big purchases, like houses or something. Read the book, "when money dies." Read what happen in Weimar Germany during the hyperinflation. Silver or other commodities were traded. For food. People could buy houses or city blocks with gold.
We need food and services. We can't eat gold or silver or buy things if vendors are not permitted by the government to accept gold or silver as legal tender. Keep cash. Gold is overbought and overpriced
What is the argument against buying bitcoin for the same reasons as buying gold? Both operate on the belief that it is a store of value, and while gold has the historical evidence of operating as such, that doesn't diminish the possibility that the younger generation may put that belief into bitcoin instead, given it's easier to transact. Now with Trump and his pro-bitcoin stance, it will further solidify Bitcoin's belief as a store of value as well.
Bitcoin is a speculation, you can get rich and you can get burned. Gold is safe. Young people have more time and tolerance for speculation. Older people need to preserve what they have. Younger people are wise to do both.
Yes, because the US government bought 10000000 million Bitcoin when trump got elected and they need to raise the price. This is not free market , it is well manipulated.
Except you can actually hold gold and bitcoin exist only in the ether. There is also that gold has been currency or store of wealth ever since man first started storing wealth (thousands of years), bitcoins is not even 2 decades old, not even a blip compared to gold's history.
@ I get that. But both aren’t very strong arguments for why gold > bitcoin. You can hold gold, but you also have to then figure out how to safely store it. And while the older generation may value that, I don’t think the younger generation that has grown up in the age of the internet really hold much value in being able to hold gold. After all, do you really take your gold bar out to admire it? I doubt it. I concede that gold has been around for centuries longer, but the advent of the internet has no doubt changed how people interact, their values, their expectations. If bitcoin really solidifies itself as digital gold, I’m afraid future generations will pick bitcoin > gold. For now, I personally do prefer gold as I still have many doubts about bitcoin not simply being a tulip mania. But I am slowly getting worried because if the price of bitcoin continues to perform, the higher the likelihood of it truly becoming an alternative to gold, at which point even if Lynette thesis plays out, it’d be hard to quantify the impact of bitcoin cannibalizing the appreciation away.
$40,000 gold ... I ain't gonna be making any more You Tube videos that nobody watches. I'll be off! *cue the Jeffersons theme song* Our time is coming, gang.
She forgot central banks don't disclose how much gold/silver they sell to dealer banks to distort and manipulate price. Also forgot ask each guest what they predict on following: Carry trade unwind 2025? btfp and CRE bank consolidation 2025? imagration vs jobs 2025? Bitcoin vs SEC 2025? Teriffs vs supply shortages 2025? Usa debt intrest vs SSI and maditory intitelments 2025? How dose stock market handel the ubove? Money and roi is all about risk in markets.
very simple, Gold & Silver, creation of GOD (Haggai 2:8) whereas Bitcoin, creation of men. As for me, I believed in GOD and His Son, Jesus Christ, rather than alien theory........Therefore, keeping 15% of what I have in Gold and Silver helped to give me assurance about the uncertain future that is messy and craszy.
Why not. It’s not that gold is rising at that rate it’s that the dollar will fall that far. If Bitcoin can go to 1 million why not. Did you ever think your house would be worth as much as it is. A hundred years ago 1920’s 1930’s a new house was 2k,3k $’s. It might take a decade to accelerate that fast. This is also worst case.
I've followed Lynette for years, and I must say it's finally clicking with me how the big guys are playing us as suckers with depreciating dollars while all this time securing the gold to themselves for the time when the fiat game collapses. Great discussion. Thank you both.
Just Chek ", Weimar Republic Hyperinflation in the 1920 "
Check Weimar Republic Hyperinflation in the 1920
In 10 years , most people will have cashed out the 2 or 3 oz of gold that they have, just to survive the next 10 years
LOl not really. Most people who own gold have a decent amount and can afford it. I know a guy that has 200 ounces bought in 2001ish for like under 400 bucks and he has never sold an ounce.
@@patrickruvolo8427I don’t think you can back up your statement regarding “most people who own gold”.
Damn right!
You maybe right but the thing is owning physical is a store of value and if shit happens you have a get out of jail backup
@ediddysmith2500
That's the same for all assets not just gold... including crypto.
She is actually pretty wise…..unlike some of these ignorant posts I’m seeing.
yes it makes me laugh ,some people think they know better
@@honorkemp oui et non ! yes and no... do u believe in 40000 dollars per oz ? bitcoin is the big winner... and I bought gold !! and I lost !
Sorry but I've been hearing this forever now
yes but have you acted on it !
@honorkemp exactly
nice to see Lynette again!!!
It was great to see Lynette on your program
I found a local coin shop that will trade gold for fancy little paper rectangles with neato designs and portraits on them
😂
Yes, I saw the same shop. The rectangular papers do have nice pictures of Gaylords on them though, which is quite nice.
I have a question for Lynette if they're so few people around the United States and as far as percentage is owning gold why would they do a confiscation
I think our government would like that because it will force more people to take their new CBDC
If stocks tank, then investors will flog gold to help cover their losses. It will rebound once the FED starts printing their merry go round again.
No it will go down with stocks.
@@Reutzel507yes your right if and when the stock market does crash Gold and Silver will take a good hit but it will rise up quickly shortly after like it always done before
Bold of you to assume the price reflects investor sentiment. Algorithms control price, not individual investors. If they want a $20,000 gold price, they can make that happen, regardless of what investor sentiment is.
Linette Zang Brilliant Guest definitely Like Like 👍👍👍👍👍🥇🥇🥇🥇
how is Gold going to hit 40K if the next administration is about to sell the US gold reserves to buy bitcoin?
if gold sold for bitcoin, then it will be the only country using BTC to back their debt. 189 countries will stand outside and watch, and stay away from TBills
The US doesn't exist in a vacuum, they are also prey to international gold prices, and there is demand for gold as China, Russia, India, etc. are buying gold like there is no tomorrow, I suspect they are planning to go the gold standard.
The Central Banks are loading up on gold. The real store of VALUE.
South Africa is not confiscating gold from private citizens. Also, very few people in the US actually hold physical gold. In addition, capital gains on the sale of gold, old or new, are taxed at the rate that collectibles are taxed; there is no difference. So, if the tax code dictates that even new gold is considered collectible for tax purposes, then it will have the same status as pre-33 gold, in my opinion.
94. Big year in South Africa.
Yea, I'm not sure the state there could organize themselves enough to seize gold, but they don't have to. Just create the right conditions and regular folks will cause the mayhem for you.
A wee bit like was done in Rhodesia in the mid-1990's.
No. Rhodesia was a place were farmers weren't murdered. That would be Zimbabwe. My mistake.
Completely agree with your point on ownership in the United States.
They say 1% own it. Does that sound right to you?
It sounds WAY too high, for me.
Great comment. Have a great day.
i think the confiscation was not about citizens but direct from gold mine owners in forms of legislation and extra taxes .
If you sell gold eagles they don't even ask your name.
This is getting ridiculous now. C'mon.
South Africa isn’t confiscating gold.
How do you know?
Can someone Google it for me, so that I don't have to. 😂
@@justanopinion-ub9pp I live in South Africa and the government hasn’t confiscated my gold
Thank you both! Great conversation! ❣️🔥x
Thanks 🙏
Lynette keeps locking younger as she ages🎉🎉🎉
Hey bro could you also interview with me? I say gold will 1000000000$, lets do this.
Gold $50 000 /OZ In the year 3142 🎉🎉
Or 20028. Maybe sooner.
How long have you been in the space (looking at this stuff)?
@MarcoMasseria That lady has been shouting out improbable figures for 27 years, I buy gold from when it was just under 1000 dollars. But those sellers with their numbers of x50 and x100 are ridiculous. It is possible but in which century ,20028 Is still a long waaay offfff
Looking good Lynette.
This woman is dreaming
Please stop this nonsense!!!
We have just come out of (relatively) higher nominal interest rates. Factoring real inflation into account, the period we have just been in has been one of negative real interest rates, meaning of course that gold pays a higher "notional" rate of return!
Love you both ❤
OCTOBER 2024 JAMES TURK SAYS 50 DOLLAR SILVER IN WEEKS --2 months later he is wrong.
You guys simply have no idea- the gold price runs up a 100 dollars in 3 days then loses 80 in the next 25 hours!!!!! Can’t get to stay at 2700 and you’re saying 40000? Stop kidding yourself.
No disrespect intennded however this lady shouts her way through the discussion. After a couple of minutes I had to leave due to the ear bashing.
if this was part 2, where is part 1?
My savings are in my Glint Gold Debit Card account! 😊👍
Auntie Zang knows...
The thing I don't get when she talks about confiscation is that if they can confiscate bullion then what makes her think they won't confiscate her pre 1933 gold. They're always changing the rules to benefit the powerfull.
Well said, FC. They most certainly will.
These aren't people who value the spirit of the law and they will manipulate the letter of the law to the nth degree.
@@MarcoMasseriaMaybe because they didn’t confiscate collectible gold during the last confiscation. She maintains that the people who write the laws are most likely collectors themselves, so they write the rules to their benefit.
Because the people that own those coins are the people that make the rules. Because they are priced based on other characteristics it is too hard for the government to fairly price them. Bullion is a blanket price. Same price for every ounce. When they confiscated in the 30’s, they gave people the going price, then turned around and revalued it making purchasing power plummet for everyone.
@@lindaadrid9795 ok thanks!
Jim Sinclair predicted $50,000. Gold 2025 Regarding confiscation PRE33 gold cost you $20. NOW $50. Dollar NOW $2,700. (Not apple to apple 🤔
I personally will never buy anything from Money Metals again. I had a bad experence with them several years back when I ordered a once palladium coin from them.
Well its already 400,000 in Yen
If the derivative market crashes, it will be 40 thousand dollars
Just do not consent when they try to steal from you! Everything in commerce is done by consent! Know who you are, you are not your name...
Lady thank u so much
Can you comment on PAXG gold?
In 2030 -2033 Jesus is coming so you don't need your gold anymore
omg, you are a special case aren't you
...stick with the Bible ... it doesn't say when, ... and you shouldn't "add to His word"
❤❤❤ Lynette! 👍🏾
So young for a 70 year old, 50 would be my guess.
Pls stop with this bs !
Does it matter if the gold went up to a million dollar & the US Dollar value went down to zero? 😂😂😂😂😂
yes
In that scenario, what would the value of ANY crypto be?
ANSWER: ZERO...
It seems far more likely that we would be subject to new black and gray market laws in the future that would outlaw trading in gold and silver than outright confiscation.
Trump will not confiscate gold!
Id love trump to order an audit of US gold physical stock. What a justifiable way to devalue the USdollar when the truth comes out.
By the end of 2025, people will have 10x returns on their crypto portfolio's.
Only to find out their money has lost 90% of its purchasing power
we investor in CN are lucky to have our shanghai gold futures backed by physical gold.
Thats all great but gold has not performed anywhere near as good as crypto
You'll need both
Actually, all 9,000 cryptos will someday in the not-too-distant future go to zero. The blind leading the blind. Gold is safe and historically tested to be so, cryptos are not.
Wait for that emp blast or a major super solar flare hahahaha js you do need both
Gold & Silver have physical weight and are on the Periodic Table of Elements.
How much do cryptos weigh, and what are cryptos Element numbers?
It's not gold hitting all time highs..... It's the dollar value hitting all time lows 😂😂😂 NOT REALLY. IT'S JUST GREED
Kye! That was hilarious and a damn good analogy. ...still invited to the party because they are someones cousin. 😂😂 Haha!
How and to who do you sell your gold?
You dont. You use it to buy big purchases, like houses or something. Read the book, "when money dies." Read what happen in Weimar Germany during the hyperinflation. Silver or other commodities were traded. For food. People could buy houses or city blocks with gold.
We need food and services. We can't eat gold or silver or buy things if vendors are not permitted by the government to accept gold or silver as legal tender. Keep cash. Gold is overbought and overpriced
And a sandwich is 100 bucks
Can I get on your show? I can give you a higher number.
Haha how can we reach you?
Are you giving higher number in zombi way notes😂😂😂
😅😅
What is the argument against buying bitcoin for the same reasons as buying gold? Both operate on the belief that it is a store of value, and while gold has the historical evidence of operating as such, that doesn't diminish the possibility that the younger generation may put that belief into bitcoin instead, given it's easier to transact. Now with Trump and his pro-bitcoin stance, it will further solidify Bitcoin's belief as a store of value as well.
Bitcoin is a speculation, you can get rich and you can get burned. Gold is safe. Young people have more time and tolerance for speculation. Older people need to preserve what they have. Younger people are wise to do both.
Yes, because the US government bought 10000000 million Bitcoin when trump got elected and they need to raise the price. This is not free market , it is well manipulated.
Except you can actually hold gold and bitcoin exist only in the ether. There is also that gold has been currency or store of wealth ever since man first started storing wealth (thousands of years), bitcoins is not even 2 decades old, not even a blip compared to gold's history.
@ I get that. But both aren’t very strong arguments for why gold > bitcoin. You can hold gold, but you also have to then figure out how to safely store it. And while the older generation may value that, I don’t think the younger generation that has grown up in the age of the internet really hold much value in being able to hold gold. After all, do you really take your gold bar out to admire it? I doubt it. I concede that gold has been around for centuries longer, but the advent of the internet has no doubt changed how people interact, their values, their expectations. If bitcoin really solidifies itself as digital gold, I’m afraid future generations will pick bitcoin > gold.
For now, I personally do prefer gold as I still have many doubts about bitcoin not simply being a tulip mania. But I am slowly getting worried because if the price of bitcoin continues to perform, the higher the likelihood of it truly becoming an alternative to gold, at which point even if Lynette thesis plays out, it’d be hard to quantify the impact of bitcoin cannibalizing the appreciation away.
@@mniay Should be easy to store it, you think you'll have gold bullions that it'll be difficult to store it?
The fraud is over the top send in Reconnaissance or should it be BITCONnaissance😂
$40,000 gold ... I ain't gonna be making any more You Tube videos that nobody watches.
I'll be off! *cue the Jeffersons theme song*
Our time is coming, gang.
😂😊
@@lt4203 There ya go!
We will be there dancing together-
Well, not together 'cause I live in Uruguay.
They should confiscate btc since they like it so much.
I follow Dave Silver channel as well.
She forgot central banks don't disclose how much gold/silver they sell to dealer banks to distort and manipulate price.
Also forgot ask each guest what they predict on following:
Carry trade unwind 2025?
btfp and CRE bank consolidation 2025? imagration vs jobs 2025?
Bitcoin vs SEC 2025?
Teriffs vs supply shortages 2025?
Usa debt intrest vs
SSI and maditory intitelments 2025?
How dose stock market handel the ubove? Money and roi is all about risk in markets.
More confusing than informative. Open interest?!!
That's rich and power guys game, but quite possible that causing civilian suffering (somebodies greedy)
O bummer sent everyone to college
Scam
so far bitcoin is the winner !
What is its Atomic Number?
very simple, Gold & Silver, creation of GOD (Haggai 2:8) whereas Bitcoin, creation of men. As for me, I believed in GOD and His Son, Jesus Christ, rather than alien theory........Therefore, keeping 15% of what I have in Gold and Silver helped to give me assurance about the uncertain future that is messy and craszy.
Buy more is much better.
headlines like this one push folks away frim PM's. Too much hype and BS
You mean to 200k Bitcoin?
Better then any or all shitcoin😂 unstable coin 😂
@@SoarFinanciallypretty amazing considering bitcoin is only a word
Not a chance ! lol
Me thinketh we will soon know whether this is the., hysterical boy calling wolf or Noah preaching..........the rains are a comin '!@?🤪😉😁
another joker😂
Higher 🤪
$0?
0.000001btc
What you have in your pocket , i,d like to see in mine
She is crazy! Noway gold can go to that number! She said $40K 😄
she suffers from delirium
The true price of gold should be $20K to $40K right now, based on the US fiat dollar's intrinsic worthlessness.
@dpetersen2630 and the market price is the true price...$2700
Why not. It’s not that gold is rising at that rate it’s that the dollar will fall that far. If Bitcoin can go to 1 million why not. Did you ever think your house would be worth as much as it is. A hundred years ago 1920’s 1930’s a new house was 2k,3k $’s. It might take a decade to accelerate that fast. This is also worst case.
@@dpetersen2630exactly !
Keep your cash and buy more earnings generating assets
Ask Lynette why gold prices are so flat
Huh?
Well, it's up $600 since January 2024 and over $2,300 since 2002.
@michaelmohrle1773 Yes, you get it. DCA. Buy the dips when you can. Going to a coin show this weekend.
She doesn’t get it. Gold crash incoming. Strong dollar when the economy crashes
You americans analyst you are so seek,