There is a real bid under Gold with the CB buying in the East - They are long term holders not traders - Knowing this, it is hard to see Zeberg being right on gold call - If paper price goes there, you will not get physical at that price - There would be a break between physical and paper - At that point the paper market would break in the West - Maybe that is how it ends - All infrastructure for Physical Gold has moved to the East - The only thing left in the West is the Pricing system - And everyone knows that it is controlled mostly with paper futures contracts - Very little physical backing it
Deflation😂? In what universe? You guys refuse to understand that the dollar is being retired on purpose. Cycles and history mean nothing in this case. You're trying to navigate a sinking boat! 😂
Cycles and history are always highly relevant for anticipating future events. They strongly suggest that gold prices are more likely go up than down relative to fiat currencies. I doubt that gold will decline to $800 and even $1200 seems unlikely, though possible in a severe asset-deflationary depression. Such a depression followed by very high inflation is what Zeberg, Rickards, and other informed analysts foresee. As Zeberg and others state, gold will reach much higher prices.
@user-eo2rz4by3x that all makes perfect sense any other time. What people fail to realize is the destruction of the dollar is the plan. Destroy old sysyem.....then introduce new digital system as the peoples savior. It's a scam... not a market .
@@jamesfree69 Yes they are. But can you show me the vaults they store that crypto in? What? It’s imaginary? Well I’ll be. What happened to the shiny coins with the big B embossed on them? The ones in all the pictures. Oh I know, it’s being looked after by the blue eyed white robot named AI that smiles upon us from the TV. Artificial intelligence guarding make believe money stored on invisible wallets held by companies largely owned by the very ETFs you speak of. Charge up the credit cards, melt down the jewelry, pimp out the wife I’m all in. Bitcoin is the foundation and the framework for CBDC. And blackrock and vanguard and the rest will be the mechanism for that transition. A fool and his money soon part. As the other guy said…😂😂😂😂
There is a real bid under Gold with the CB buying in the East - They are long term holders not traders - Knowing this, it is hard to see Zeberg being right on gold call - If paper price goes there, you will not get physical at that price - There would be a break between physical and paper - At that point the paper market would break in the West - Maybe that is how it ends - All infrastructure for Physical Gold has moved to the East - The only thing left in the West is the Pricing system - And everyone knows that it is controlled mostly with paper futures contracts - Very little physical backing it
Interesting comment. But Normally, Mr Zeberg is correct. But I can understand your view very well.
I wonder what would be his opinion on oil?
If he is right why centrals banks are buying gold as never? Why they don’t wait the dump to buy ?
Thank you!
Buy gold or better yet get saved
Deflation😂? In what universe? You guys refuse to understand that the dollar is being retired on purpose. Cycles and history mean nothing in this case. You're trying to navigate a sinking boat! 😂
A sinking boat with no fuel. No savings
From the bridges navigation chair on half of the sinking boat lol...
Cycles and history are always highly relevant for anticipating future events. They strongly suggest that gold prices are more likely go up than down relative to fiat currencies. I doubt that gold will decline to $800 and even $1200 seems unlikely, though possible in a severe asset-deflationary depression. Such a depression followed by very high inflation is what Zeberg, Rickards, and other informed analysts foresee. As Zeberg and others state, gold will reach much higher prices.
@@RationalSpeculator the market will decide. One year chart suggests what the price will be. Take a look and see for yourself.
@user-eo2rz4by3x that all makes perfect sense any other time. What people fail to realize is the destruction of the dollar is the plan. Destroy old sysyem.....then introduce new digital system as the peoples savior. It's a scam... not a market .
best news yet , the fool has never been right for 10 years , buy buy buy
@8:11 mass layoffs have been incr over last two yrs due to automation and AI.
Emp will destroy all devil money and where they are hiding.
He needs to ask the 5 why's... he barley got the CNN versions of why things are happening.
Wrong, Gold silver, and platinum are going way way up.
Lol, 3 months later gold 2000…how could he even think gold 800-900 usd
800-900 usd was Lehman brothers times, meanwhile M2 increased by trillions
How this joker is still around? He calls gold to crash since it was 1000 usd
Crypto. 😂😂😂😂😂😂
BlackRock and many of the worlds biggest asset managers filing for ETFs...
And you laugh
@@jamesfree69 Yes they are. But can you show me the vaults they store that crypto in? What? It’s imaginary? Well I’ll be. What happened to the shiny coins with the big B embossed on them? The ones in all the pictures. Oh I know, it’s being looked after by the blue eyed white robot named AI that smiles upon us from the TV.
Artificial intelligence guarding make believe money stored on invisible wallets held by companies largely owned by the very ETFs you speak of. Charge up the credit cards, melt down the jewelry, pimp out the wife I’m all in.
Bitcoin is the foundation and the framework for CBDC. And blackrock and vanguard and the rest will be the mechanism for that transition.
A fool and his money soon part.
As the other guy said…😂😂😂😂