Not possible. As long they continue to print money gold will continue to skyrocket. Period! And … I think we can all agree the money printer will continue. You can short it though😂
The primary problem with purchasing physical gold is the fact that there's always a premium attached when buying or selling it as a physical asset. You can easily demonstrate this to yourself by simply looking at the spot price of gold then go to any online bullion dealer or an in-person bullion dealer and look at the price difference per ounce. Simple math here you are in the hole the moment you purchase physical gold and price must move beyond that percentage just for you to make a small profit. I prefer finding it.
I have been on the wrong side for far long and I'm willing to make consultations to improve my situation. What is the most reliable medium to reach her please?
If it’s possible to go long “ chaos & decentralized everything “ that’s the call optional I would but.. hope that articulates how I see things for at least 12-18 months.
Agriculture farmland is well bid in the US and areas of proximity... In our country, South Africa, we see trading at massive discounts relative to comparable productive land in other areas... As example in Montana one hectare costs around $50k, in our valley the cost is around $500 - $1000... Plus if you have the capital and global income you could receive tax incentives...
Hugh, Volcker raised interest rates by announcing he was sharply controlling the money supply from 11% in Oct ‘79 to 17.61% in March ‘80, is there a reason you draw a distinction between that and Powell raising the target rate?
How much are those edibles selling for? 10mg thc9. Around $2.10 each. Taxes + shipping included. Incredible competition. Price of a monster energy drink.
All the old timer gold investors that made it big on gold agree that miners are a horrible investment. But a great place to speculate. Remember that and never fall in love with any mining stocks you might own.
This is interesting with 1 million as an example. I can relate to that as an example of how much to risk. Im all in real estate without loans because I use them as income ( airbnb, long term rentals) They are all very basic, modest homes . ALSO a small 200,000 pension.
March was hotter than feb. Feb was hotter than Jan. But april was cold. Maybe colder than jan. This bifurcation in economy. Tight monetary with loose fiscal. Needs to be healed. Was unfortunate that we had to fight down from 10%+ cpi. But what's done is done. We cannot rely just on fiscal spending to even maintain higher rates. Things are breaking. Like some regional banks. And commercial real estate. Housing market has stalled. Economy needs to get on it's own feet. Currently not able to. Rates are restrictive. Fed and Gov, if smart, realize the range of their policies. How much, how fast, how long. And they can fine tune it from here. Upcoming cpi data will be lower. To accommodate cuts before the election.
I would much rather buy Platinum at 40% of the gold price or even Palladium after it dropped more than 70%. Might take years to a decade to make any real money from it though but at least you are not buying the precious metal that is the most overvalued relative to the others.
CPM group (metal market experts) believe platinum group metals will slide long term because they are not monetary metals and are mostly used in catalytic converters in internal combustion engines.
Strong stock exchange but weak economy thats a problem were does profit from companies come from to pay dividents to stock holders without sales in weak or deflasionary economy
There is no risk in buying gold it amuses me that people the likes of Hugh who believe they are so smart throwing up this scenario and that scenario of what might happen When they are actually watching a train wreck and they know it This whole thing has been caused by people who think they’re smart and that debt and debt creation is good thing so they dive into bad investments and they fail and then they try to cover their ass and fail again And yet people are still encouraging them to borrow excessively and pretend everything is alright and they’ll come out of it And now that nightmare has come to roost and they have dragged everyone down with them Gold should be way higher simply because of excessive global debt and depreciating fiat currency so if your perplexed or scratching your head about why gold is going up YOU DONT KNOW WHAT YR DOING you live in fantasy world
The issue with Hugh's strategies and outlooks is that it comes from the perspective of managing Billions. Liquidity and risk mean different things at that level. Not really applicable to your average TH-cam scroller.
I also sit in the cheap seats where as this man has made me a lot of money. I have my reasons not to subscribe.... When he rambles on its wonderful. He has more wisdom when he has taken something... If only he could take a good drug & sit there for 12 hours and just talk about anything.....maybe...just maybe....it would help towards what is coming that he has no idea of *?* Nobody does.... At least he is truthful that he has no idea what he is doing now along with everybody else that i talk to that has more wisdom than most. Oh how may we live in interesting times. May he be eternally blessed
yes, i am sure something has happened to hugh. its free. take the wisdom where you find it. he is isn't chatgpt. just buy spy every paycheck that is the best investment. if you are not working of course, cash and bonds depending on how young you are is added to spy.
@@jakw97 I admire Hugh for his spirtual development _ i am sure he would be content regardless of where he is .... my point is he is very convincing - might be best to run 2/20 and then express convincing views everywhere - me i am where i want to be - with me - you ?
@@ttabassothat was their job in finance, if you're running a book you're just a sales guy trying to bring in the fees. If they weren't doing that they'd be selling cars in Essex...
Why would you risk more than 10%? What a dumb question, how else do you store wealth? Property? That's a risk, Gold? That's a risk, it's all dam risk!!!! Over the long term there is zero risk in stocks.
British Finance high flyer ends up as a bedraggled drug user/dealer on a small island. Had enough of this and selling my VGLT on Thursday. 5.15% Broker CDs under FDIC 250k guarantee, widow death PUT, and non-callable for me.. Stuff gold.
A good investor should not listen to people who suffer from wishful thinking, are too vain, show a lavish lifestyle, only know the doom and gloom side, forgot where they came from or are 1 trick ponies. You ask yourself again where this guy fits in.
This is lovely , i sit in the cheap seats so i especially appreciate this gift.
Refer to my post...im sitting in the same seat next to you
It's about time there's a Acid Capitalist!! You the man, Hugh!
Cannot beat Hugh's takes. Always interesting
This confirms Gold has topped.
Not possible. As long they continue to print money gold will continue to skyrocket. Period! And … I think we can all agree the money printer will continue. You can short it though😂
How can gold top if the dollar is sinking?
@@futureoutfit Dollar is still above 100, range bound between 103-105. No correlation to Dollar
@@bdek68 Last bull narrative I heard is Gold is up because of Olympics 2024 gold medal demand lol. Keep harping new narratives. Gold will crash soon.
Gold historically has always moved inversely to Gold.
A "Geddy Lee" doppelganger today, Henry!😅. On a more solemn note, thank you for your insights/ work.
The mad genius of investing has spoken.
Love the analysis, great work
Thanks so much! So much complexity and depth with a laid back attitude. Helps to cope with volatility
Interesting stuff, with the hindsight of 4 days I disagree with almost everything, but very enjoyable discourse.
I sold my house in the pandemic and bought gold. Takes a strong commitment to be that foolish
Did that ...I sleep well at night
I sold after the pandemic after the great inflation.
You are killing it on gold!
The primary problem with purchasing physical gold is the fact that there's always a premium attached when buying or selling it as a physical asset. You can easily demonstrate this to yourself by simply looking at the spot price of gold then go to any online bullion dealer or an in-person bullion dealer and look at the price difference per ounce. Simple math here you are in the hole the moment you purchase physical gold and price must move beyond that percentage just for you to make a small profit. I prefer finding it.
you go gold panning with the kids?
He means ripping it off the necks of people. This is a common trope in the outlaw MC community…”bullion premiums”
Bingo... this is 1 of 10 reason why bitcoin is way better.
How does this trading stuff work? I'm really interested but I just don't know how it go about it. I heard people really make it huge trading
Stacey Macken is ahead of the curve, many have not realized this yet.!
I made a lot from last week, a vision of the effective signals alone assured me of the turnovers. all thanks to Stacey Macken
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week.
I think she must be very good with crypto because she has been recommended by many TH-camrs to learn how to trade with her.
I have been on the wrong side for far long and I'm willing to make consultations to improve my situation. What is the most reliable medium to reach her please?
Thank you Hugh for this great video. Please palm trees next video time for us daydreamers
I enjoyed this interview! Very intelligent.
Love this mate you are great
I love you and Rebel. Such a joy to watch both of your videos. Such brilliant men
Great stuff, thanks again!
Awesome stuff as always Hugh!
Silver 🥈 is King 👑 in the ring 🥊
Great episode!
Thanks Hugh 👍
I love this guy.
If it’s possible to go long “ chaos & decentralized everything “ that’s the call optional I would but.. hope that articulates how I see things for at least 12-18 months.
This info is a gold mine! No pun intended!
Agriculture farmland is well bid in the US and areas of proximity... In our country, South Africa, we see trading at massive discounts relative to comparable productive land in other areas...
As example in Montana one hectare costs around $50k, in our valley the cost is around $500 - $1000... Plus if you have the capital and global income you could receive tax incentives...
Hugh, Volcker raised interest rates by announcing he was sharply controlling the money supply from 11% in Oct ‘79 to 17.61% in March ‘80, is there a reason you draw a distinction between that and Powell raising the target rate?
Subscribed.
Hugh one push back is that the Japanese debt service is paid in yen . The Japanese can never run out of yen
Hugh, when you talk about investing in only 10% risk, do you consider t-bills "risk"?
-JJ
How much are those edibles selling for? 10mg thc9. Around $2.10 each. Taxes + shipping included. Incredible competition. Price of a monster energy drink.
😊 Hugh, a man among men 😊
All the old timer gold investors that made it big on gold agree that miners are a horrible investment. But a great place to speculate. Remember that and never fall in love with any mining stocks you might own.
This is interesting with 1 million as an example. I can relate to that as an example of how much to risk.
Im all in real estate without loans because I use them as income ( airbnb, long term rentals) They are all very basic, modest homes .
ALSO a small 200,000 pension.
I couldn’t care less what an anonymous person on the internet chooses to nest in.
@@rodneyfungus8249 I guess you're right. I must just be Journaling
Long thc gummies? I'll stick with LT storage food (beans, bullets and bullion).
March was hotter than feb. Feb was hotter than Jan. But april was cold. Maybe colder than jan.
This bifurcation in economy. Tight monetary with loose fiscal. Needs to be healed.
Was unfortunate that we had to fight down from 10%+ cpi. But what's done is done.
We cannot rely just on fiscal spending to even maintain higher rates. Things are breaking. Like some regional banks. And commercial real estate. Housing market has stalled.
Economy needs to get on it's own feet. Currently not able to. Rates are restrictive.
Fed and Gov, if smart, realize the range of their policies. How much, how fast, how long. And they can fine tune it from here.
Upcoming cpi data will be lower. To accommodate cuts before the election.
GDX is up 18.7% this year
I would much rather buy Platinum at 40% of the gold price or even Palladium after it dropped more than 70%. Might take years to a decade to make any real money from it though but at least you are not buying the precious metal that is the most overvalued relative to the others.
CPM group (metal market experts) believe platinum group metals will slide long term because they are not monetary metals and are mostly used in catalytic converters in internal combustion engines.
Strong stock exchange but weak economy thats a problem were does profit from companies come from to pay dividents to stock holders without sales in weak or deflasionary economy
so Hugh is now saying to invest in gold??
There is no risk in buying gold it amuses me that people the likes of Hugh who believe they are so smart throwing up this scenario and that scenario of what might happen
When they are actually watching a train wreck and they know it
This whole thing has been caused by people who think they’re smart and that debt and debt creation is good thing so they dive into bad investments and they fail and then they try to cover their ass and fail again
And yet people are still encouraging them to borrow excessively and pretend everything is alright and they’ll come out of it
And now that nightmare has come to roost and they have dragged everyone down with them
Gold should be way higher simply because of excessive global debt and depreciating fiat currency so if your perplexed or scratching your head about why gold is going up YOU DONT KNOW WHAT YR DOING you live in fantasy world
BRICS dedollarizing so that will propel gold
😊
Hugh , taking a beat on tlt?
He bought LEAPS so there is time
#RealYieldsMatter
BEST TIME TO BUY GDX NOBODAY HASET
Bitcoin has characteristics of a perpetual call option...
Don’t fall in love with her Hugh 😂
Who is he speaking to?
A subscriber who got herself a 1-1 😊
AI generated voice
I wondered if it’s not the official HH and that the identity of the interviewer is being hidden 🫤
AI gf
The issue with Hugh's strategies and outlooks is that it comes from the perspective of managing Billions. Liquidity and risk mean different things at that level. Not really applicable to your average TH-cam scroller.
With the US this fall, gold is the play....lets hope it doesn't
Do a dragons den and lay out a million dollars in exchange for a ton of shares and a seat at the table where you can tell them how to leverage up.
Then sell your stock once its well known. The vc way.
Men shouldn't swear, but women definitely shouldn't. But otherwise great stuff.
I swear a lot, but I agree. Miss AI sounded so prim and proper until she started swearing like a trucker 😂
EU handbags 👜 😂
Could have bought BTC st $3000 in Dec 2018...
Huge me, some of that shit you are smoking, my brother. Love your island.
Bitcoin or Tulip bulbs?
Japan-“hot stock market” or currency collapse?
Gold is over priced?
So Europe’s biggest pharmaceutical giant Novo Nordisk, is now making ‘hand bags’…who knew? 🤣
The girls AI voice is really Raoul Pal.
Gold averages up like 9% a year. How is gold a risk asset.
6 ....not 9
no 9 is correct
Yen as falling through floor
@@mytinfoilhat9801
Depends which country you are I suppose …
I don’t see the US getting better and better. I see the opposite.
Absolutely
I also sit in the cheap seats where as this man has made me a lot of money.
I have my reasons not to subscribe....
When he rambles on its wonderful.
He has more wisdom when he has taken something...
If only he could take a good drug & sit there for 12 hours and just talk about anything.....maybe...just maybe....it would help towards what is coming that he has no idea of *?*
Nobody does....
At least he is truthful that he has no idea what he is doing now along with everybody else that i talk to that has more wisdom than most.
Oh how may we live in interesting times.
May he be eternally blessed
yes, i am sure something has happened to hugh. its free. take the wisdom where you find it. he is isn't chatgpt. just buy spy every paycheck that is the best investment. if you are not working of course, cash and bonds depending on how young you are is added to spy.
They won't cut for Japan
War cycle rearmament and inflation
prefer Lyn Alden's explanation of fiscal dominance
I think, the fog is about to be lifted as gold and silver miners begin to rise.
awful call on TLT Hugh - stick to telling stories about how you crushed it 2008
Cool comment, Hugh is so out of your league its insane.
Hes sitting in a mansion on St Barth, what are you doing?
@@jakw97 I admire Hugh for his spirtual development _ i am sure he would be content regardless of where he is .... my point is he is very convincing - might be best to run 2/20 and then express convincing views everywhere - me i am where i want to be - with me - you ?
@@jakw97not exactly well earnt wealth now is it? Where are the customers yachts?
@@ttabassothat was their job in finance, if you're running a book you're just a sales guy trying to bring in the fees. If they weren't doing that they'd be selling cars in Essex...
12 mins. in and no gold talk?
#StructureDominatesSkill
Is he talking to an AI? What’s going on
The subscriber wanted to stay anonymous
I wondered if it’s not the official HH and that the identity of the interviewer is being hidden 🫤
Probably someone from china
Gold miners are great 👍 but not the gdx it’s crap
What is this?? 😅
Why would you risk more than 10%? What a dumb question, how else do you store wealth? Property? That's a risk, Gold? That's a risk, it's all dam risk!!!! Over the long term there is zero risk in stocks.
32 not 50 minutes 🧐
BMW is now being made in the US
great content, but ditch the AI floozy!
GOLD CROSS ON US10Y HAHAHHA
Hold gold until it’s legal tender and there are no more capital gains tax in your state
Never happen
this would have been good but for the fuckin stupide bloody questions
British Finance high flyer ends up as a bedraggled drug user/dealer on a small island.
Had enough of this and selling my VGLT on Thursday.
5.15% Broker CDs under FDIC 250k guarantee, widow death PUT, and non-callable for me.. Stuff gold.
Computer voice of interviewer is very annoying
Really? I thought it sounded very sexy.
A good investor should not listen to people who suffer from wishful thinking, are too vain, show a lavish lifestyle, only know the doom and gloom side, forgot where they came from or are 1 trick ponies. You ask yourself again where this guy fits in.
The guy lives in an island. Should try living between the people in America or Europe to learn a few things
A schizophrenic walks into a bar 🤣
Richer then shit
@@mytinfoilhat9801 yes he is doesn’t mean he knows what’ the future holds nobody does
@@mytinfoilhat9801 yes he is but it doesn’t mean he knows what the future holds
Only fools trade gold.
only Jesus knows what will happen tomorrow , we can assume continuation of what happened today
Hello Hugh
George sent me 🫠