This was a great interview. I think he is right the US stock market has peaked. But who knows if they cut rates it might rally higher. I'm invested in an Australian junior gold miner. Currently 1.6 cents a share. This is not an explorer its a gold producer its kind of a joke how low the share price is.
Retail are wary of buying miners because they saw how management blew any money made in the last major cycle on stupidly overpriced acquisitions, subsequently written off.
If you predict a recession, what will fed do? Print money! If there is a stock market crash, what will fed do? Print money. If central banks are buying, gold is in strong hands!
Some things to think about. Car repos are way up, consumer spending is not going up, household debt is up as well as inflation. Follow any PM mom and pop seller and they will tell you people are selling vs buying by a wide margin. There is nothing good in the economy now and stocks are way over valued.
The DEVALUATION of Western currency is the main driver of gold prices ..... keep up on the debts and monetary easing .... print print print borrow borrow borrow ..... it is not a matter of gold prices going up buddy.
Look the E.S.F. came in and defended $2,500 Gold with an account that has no U.S.D. monetary limits via the Futures Market , so just imagine what the $3,000 Gold smackdown will look like !
The people I cannot tolerate anymore are like Andy Schectman - FUD, FUD, FUD. He never talks about how PMs could drop in value in the relative near term. It is always to pump his product to get the maximum profits.
If you know charts there's always a probability of 1200 gold. Regular people don't hold enough to matter. Keyword hold. I started as a coin collector 20 years ago. They side gig that paid well.
7.15% car loans in my area. IF you're "worthy". Fair Issac yeah right. Im a 770. I guess my social hasnt been applied yet 2 days in google jail THIS week.
The Anerucans as a whole, are living un ka la land egen it cines to credit (debt). Gor decades tvey have not had to worry about debt because they have veen able to easily pay at low low rates ir tgey coukd borriw against their house.again at low low rates. Too many Americans are still living in the pre GFC (& before) world, unable to reason that the country will never return to what it was nor do they think it could get worse! US debt basically doubles every 8 years, and it has done since 1970. The Gov is approaching the time when they eitll not be able to pay their interest on their loans, just like the population, while the world watches and is horrified! Under Democrat Government (& Biden/Harris), the world deems the US to be intransigent, untustworthy and a threat to them. They are taking neasures to ignore the US totally while the US desperately trys to maintain its threat presence. The US bullying of others countries is virtually over
Powell may kill the inflation on the paper not in real world and forever he'll remembered like the biggest cheater who changed the rules or formula of inflation 😂😂😂
Great transmission, as always. I appreciate the no-nonsense approach you take to the news and the markets. A lot has changed and that's about it ,but the truth is that I don't even care much about the bull or bear market anymore because Jones Chloe covered me while I'm doing comfortable.20k 30k every week and I'm still counting thanks to her ❤
her transformative power of trading is remarkable. Despite being a medical doctor by profession, I've found that copy trading generates higher income for me without the need for direct involvement in trading activities
YES!!! that's exactly her name (Mrs Jones Chloe) I watched her interview on CNN News and so many people recommended highly about her, she is an expert and I'm just starting with her from Australia 🇦🇺
Wow!! I'm a bit perplexed seeing Jones Chloe been mentioned here also Didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super
Adrian Day is very level-headed. I appreciate his comments.
Gold is real money.
'New highs only logical'. Since when has court economics been logical. Expect the unexpected. I support Adrian Day and his research.
Love Adrian, he always makes my Day!
Kai great guest, interview & well done putting some resources on crystal clear audio quality.
Thanks … the audio quality was definitely worth the extra effort 🙏
Gold is good and the dollar is garbage.
Gold is money, everything else is credit. JPM
Dollar is money. Fed Note is garbage.
Once the Rate Cuts come and Geopolitical issues flare up....Watch out!! Gold to $3k in two days of trading!!
Good interview
This was a great interview. I think he is right the US stock market has peaked. But who knows if they cut rates it might rally higher. I'm invested in an Australian junior gold miner. Currently 1.6 cents a share. This is not an explorer its a gold producer its kind of a joke how low the share price is.
Thanks for tuning in. How many billions of shares does the company have outstanding? :)
@@SoarFinancially Hi yes that is a good point. Market cap of $70 million. 4.7 billion shares. So seems to be a lot?
Retail are wary of buying miners because they saw how management blew any money made in the last major cycle on stupidly overpriced acquisitions, subsequently written off.
Will I buy gold, Bitcoin, or AI stocks. Or pay the credit card bill?
If you predict a recession, what will fed do? Print money! If there is a stock market crash, what will fed do? Print money. If central banks are buying, gold is in strong hands!
Inflation is coming ... got gold?
Good interview I like Adrian day
Some things to think about. Car repos are way up, consumer spending is not going up, household debt is up as well as inflation. Follow any PM mom and pop seller and they will tell you people are selling vs buying by a wide margin. There is nothing good in the economy now and stocks are way over valued.
You should watch our interview with Rich Checkan which will come out soon. He addresses exactly what you mention
The DEVALUATION of Western currency is the main driver of gold prices ..... keep up on the debts and monetary easing .... print print print borrow borrow borrow ..... it is not a matter of gold prices going up buddy.
Until a player/whale sells then its bear out the window.
Contango Ore needs to change their logo!
Gold is real..5000+
We have deflation
Doesn't he run Schiff's fund? Interesting messages coming from him ...
yes, he does.
Debt is enslavement; taxation is an extension of enslavement.
Debt is a choice taxation allows civilizations to exist
I just find it hard to justify that a few stocks are holding Up the market ..
100% agree, but thats the market we are in right now.
Cost of decadence crisis more than a cost of living crisis.
In other words, the domestic and financial structure is collapsing.
Look the E.S.F. came in and defended $2,500 Gold with an account that has no U.S.D. monetary limits via the Futures Market , so just imagine what the $3,000 Gold smackdown will look like !
Nvidia likely been trimmed back to max portfolio weighting a dozen times.
Very nice not to hear the "macro to discuss the.micro" intro
Absolutely!
Go Go Go…ld 🏅
The people I cannot tolerate anymore are like Andy Schectman - FUD, FUD, FUD. He never talks about how PMs could drop in value in the relative near term. It is always to pump his product to get the maximum profits.
If you know charts there's always a probability of 1200 gold. Regular people don't hold enough to matter. Keyword hold. I started as a coin collector 20 years ago. They side gig that paid well.
He's also very biased when it comes to certain other issues and makes it very hard to trust him on anything else
Gold is overextended, gold is going down (two wars, inflation through the roof, massive deficit, and Gold can't even cross the $2500 mark)
Adrian Day : " Central Banks are buying Gold" you should not ?
God may not produce a yield but it does increase with inflation. Which could make you more money.
who lost of ton of money with VGCX !?!??!
No sound
The sound is fine
To keep Wall Street bubble going you have to stimulate consumer behavior in such a irresponsible way
Boomers grew up in the most prosperous time in this country. Now they’re telling this generation to just roll up their sleeves😵💫
Wealth has to be maintained. How else? I barely made it to social security age. But traded my way schooled my way and stoicism my way
❤
7.15% car loans in my area. IF you're "worthy". Fair Issac yeah right. Im a 770. I guess my social hasnt been applied yet 2 days in google jail THIS week.
What is the Google jail , thanks
Ricks Lions.
Gold and silver heavily down...
Gold getting battered now
Just sell naked calls on silver
The Anerucans as a whole, are living un ka la land egen it cines to credit (debt). Gor decades tvey have not had to worry about debt because they have veen able to easily pay at low low rates ir tgey coukd borriw against their house.again at low low rates.
Too many Americans are still living in the pre GFC (& before) world, unable to reason that the country will never return to what it was nor do they think it could get worse!
US debt basically doubles every 8 years, and it has done since 1970. The Gov is approaching the time when they eitll not be able to pay their interest on their loans, just like the population, while the world watches and is horrified!
Under Democrat Government (& Biden/Harris), the world deems the US to be intransigent, untustworthy and a threat to them. They are taking neasures to ignore the US totally while the US desperately trys to maintain its threat presence. The US bullying of others countries is virtually over
He's British (or has a good fake accent) ... so he must be smart ....not German smart , just clever and determined ...you know, British
Powell may kill the inflation on the paper not in real world and forever he'll remembered like the biggest cheater who changed the rules or formula of inflation 😂😂😂
Great transmission, as always. I appreciate the no-nonsense approach you take to the news and the markets. A lot has changed and that's about it ,but the truth is that I don't even care much about the bull or bear market anymore because Jones Chloe covered me while I'm doing comfortable.20k 30k every week and I'm still counting thanks to her ❤
Jones chloe's crypto knowledge is like a secret recipe for success
her transformative power of
trading is remarkable. Despite being a medical doctor by profession, I've found that copy trading generates higher income for me without the need for direct involvement in trading activities
Please educate me, I've come across this before. How can I get to her please?
YES!!! that's exactly her name
(Mrs Jones Chloe) I watched her interview on CNN News and so many people recommended highly about her, she is an expert and I'm just starting with her from Australia 🇦🇺
Wow!! I'm a bit perplexed seeing Jones Chloe been mentioned here also Didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super