Gold did not move calculated in Euro, however the Dollar fell. It is therefore the Dollar which is falling and not gold which is rising. The day gold goes up in all major currencies that day gold actually goes up.
On tradingview if we enter "GOLD*EURUSD" it shows a move from 1538 to 2090 from the end of September last year to today, so it seems the price moved quite a bit in Euros, isn't that a 36% upward move? On tradingview when we enter GOLD*EURUSD it's showing (dollars per troy ounce of gold) * (euros per dollar) which equals Euros per troy ounce of gold. Hopefully I'm not getting the ratio upside down...
shady comparison. compare gold price at the end of Bretten Woods till now vs Bitcoin from year 2009 at the inception... not even a contest! I have both, I prefer Bitcoin.
Stocks are falling and bond yields are rising, but markets still don’t seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $138k stock portfolio, what’s the best way to take advantage of this bear market?
The best solution is to hire a Portfolio Manager whose focus is on creating a flexible portfolio that can be updated regularly to reflect changing market conditions.
@@VanPelt54u7fcyde57 Having an investment adviser is the best way to go about the market right now, especially for near retirees, I've been in touch with a coach for awhile now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I nettd over $220K during this dip, that made it clear there's more to the market that we avg joes don't know
@@purplebliss6875 I need a guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor?
Alan Corbani has been saying this for the last 2+ years. Go watch is past videos on youtube. He will eventually be right about the future move up to $2500. Best to have a 5 - 7 year time frame for all precious metal investments and listen to Rick Rule. IMO...
Is there an update on this interview now that gold is plummeting and expected to drop 25% more by late summer? Just curious if he has a new path to suggest.
As long as it stores most of its value ….. I’m happy! Too bad a lot of money was put into Crypto instead of Gold ! A lot of people are kicking their ass now ‼️
Excellent interview and guest EXCEPT for the fact that he assumes the market is accurately predicting long term inflation based on the current treasury yields.
David, your line of questioning is somehow getting even better. This channel is awesome! Also, is this guy nuts! I love gold but you think we aren't going to 5.25. Bs. They don't care. And they have to. We ARE going into recession that's the goal.
FED is going to keep rates high and do selective QE to keep system-relevant institutions and enterprises from failing. The rest of us is going to be thrown under the bus.
The monetary policy is not restrictive. Inflation is still very high. It is only lower because of energy, mainly nat gas and oil but that will not last
I just don't see why folks keep predicting unrealistic highs in gold? That would mean that economies are moving into chaos. The central bankers rely on credit against a more pliable money system (dollars).
The lifting of US debt ceiling soon will be the catalyst to push gold to next higher level while taking into consideration the ongoing inflation, high interest rate environment and………………..
I told crypto bugs on here over and over to sell their BTC or some when it was 50K or higher and buy some gold and silver. I hope someone followed the advice.
This is limited, manipulated information about precious metals. Comex has crashed and they no longer can deliver physical silver to investors.They are NOW paying off investors with physical gold because silver is fast becoming unattainable.
It looks like his bullishness was pre-mature. A week after this interview we’re now in a spiral that ends 25-30% lower. Somewhere in the $1600-1700 range by mid summer.
Gold probably does not get above $2300 in 2023. Something will derail its price increasing more than that. Some are calling for gold at $3000. That’s outrageously high, and probably means the dollar has entered into a free fall phase back to around 80 or maybe low 70s on the index. Inflation would be rather high with a collapsing dollar.
David's interviews are better than all the legacy media business T.V. channels
Reading the back of a cereal box is better than legacy media. Can't grasp why people still watch and believe that propagandist crap.
Totally agree. Very relevant and go with the flow of interviewee always..
David is a superstar. I hope Kitco is paying him well.
I agree with you. A million times better than CNBC.
Learnt more in this interview than 10,000 Kevin O'Leary interviews! Great interview and excellent guest.
Kitco is a metals company
why would you get your news about metal from a metals company?
lol🤣
Gold did not move calculated in Euro, however the Dollar fell. It is therefore the Dollar which is falling and not gold which is rising. The day gold goes up in all major currencies that day gold actually goes up.
Did the dollar fall 15% in the last 3 months?
I guess it's more the REAL interest rates! Check TIPS.
.
On tradingview if we enter "GOLD*EURUSD" it shows a move from 1538 to 2090 from the end of September last year to today, so it seems the price moved quite a bit in Euros, isn't that a 36% upward move? On tradingview when we enter GOLD*EURUSD it's showing (dollars per troy ounce of gold) * (euros per dollar) which equals Euros per troy ounce of gold. Hopefully I'm not getting the ratio upside down...
Gold is real money
Silver too!
$2,500 should be easy to reach one imagines...but once it breaks $2k anything is possible
David, thanks for not interrupting the guest
For people in the UK and EU, it already is hitting all-time highs this year and it's only January
Extremely well explained. Thank you both!
ᴡʜᴀᴛꜱᴀᴘᴘ ᴍᴇ 🚀🚀🚀
When I was a boy.. My passbook savings, account paid 5%..,nobody thought this was outrageous
Excellent interview, thank you!
$2400 gold this year very likely.
New all time high is coming this year. 👊
.
That will be within 6 months or earlier.
Excellent interview! Learned much, much more than the majority of other guests. Please bring Alain on more often.
Love this channel ❤
Bitcoin at the end of 2017 when got listed in CME, $20,0000. Gold on that date $1254. Today, BTC at the same price, gold 58% higher.
shady comparison. compare gold price at the end of Bretten Woods till now vs Bitcoin from year 2009 at the inception... not even a contest! I have both, I prefer Bitcoin.
@@Gus-bx8jx lmao this comment won't age well
@Enzo lmao enjoy being poor
@@briangranger1741 come back in a yr and 1/2
@@abc876 I'm already up 50% in 6 months from my gold mining stock.
Paper money is finished gold will go to crazy levels now cbdc in next
Excellent update David, thank you! Alain has explained the underlying factors so well, please do this more frequently. 😊
Thanks for support
WʜᴀᴛsAᴘᴘ✙18498670268🔥
This dude is a gem
David, thanks for the great questions. Love both the interviewer and interviewee
Another awesome interview David.
excellent analysis !
Stocks are falling and bond yields are rising, but markets still don’t seem convinced the Federal Reserve will pursue plans to keep increasing interest rates until inflation is under control. I'm still at a crossroads deciding if to liquidate my $138k stock portfolio, what’s the best way to take advantage of this bear market?
The best solution is to hire a Portfolio Manager whose focus is on creating a flexible portfolio that can be updated regularly to reflect changing market conditions.
@@VanPelt54u7fcyde57 Having an investment adviser is the best way to go about the market right now, especially for near retirees, I've been in touch with a coach for awhile now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I nettd over $220K during this dip, that made it clear there's more to the market that we avg joes don't know
@@purplebliss6875 I need a guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor?
ᴡʜᴀᴛꜱᴀᴘᴘ ᴍᴇ 🚀🚀🚀
@@lindamattalom credits to DEANNA LYNN RENFRO , one of the best portfolio manager;s out there. she;s well known, you should look her up
Gold should have been 2000 already!
thanks David for getting back to business in your usual excellent manor and leaving the kevin oleary infomercial alone
Alan Corbani has been saying this for the last 2+ years. Go watch is past videos on youtube. He will eventually be right about the future move up to $2500. Best to have a 5 - 7 year time frame for all precious metal investments and listen to Rick Rule. IMO...
Alaine is exceptional!
A brilliant analysis from the guest here. Explained complex concepts in a straightforward way.
I like this fellow....very reasonable perspectives
I PRAY PRAY PRAY FOR GOLDS TO SHINE IN 2023 🙏🙏🙏🙏
Hope to see this guest much more often. Thank you!
This guy is good. Learned a lot.
very clear and analytic thinker👏
Is there an update on this interview now that gold is plummeting and expected to drop 25% more by late summer? Just curious if he has a new path to suggest.
As long as it stores most of its value ….. I’m happy!
Too bad a lot of money was put into Crypto instead of Gold ! A lot of people are kicking their ass now ‼️
As an old trader I can say that these are really intelligent thoughtful interviews..
Amazing Interview.
Thankyou
Great interview
Have that guy back soon! Great info!
*¡1st!* - 1:20 pm Pacific Standard Time on Thursday, 19 January 2023
David, hair still needs help but better today. A little less hair gel though. 7/10
Excellent interview and guest EXCEPT for the fact that he assumes the market is accurately predicting long term inflation based on the current treasury yields.
David, your line of questioning is somehow getting even better. This channel is awesome! Also, is this guy nuts! I love gold but you think we aren't going to 5.25.
Bs. They don't care. And they have to. We ARE going into recession that's the goal.
FED is going to keep rates high and do selective QE to keep system-relevant institutions and enterprises from failing. The rest of us is going to be thrown under the bus.
How can the economy in the US have a growth rate of 3.5% when the US doesn’t produce anything and is only a consumer and the consumer is suffering?
The psychologist of gold
Excellent analysis and interview.
Don't forget copper
Copper is a big one. Get your hands on loads of copper.
Inflation is going lower … EGGS 🥚 are $8.00 a dozen
I paid 8.39 for 2 dozen organic eggs at Costco last week.
Inflation going lower only means prices wont go up as fast. It doesn't mean prices will come down.
@@bbustin1747 wow sounds like a sale
Pump pump the metals!
Great guest 👌🏼
Thanks for support
WʜᴀᴛsAᴘᴘ✙18498670268🔥
He did not answer you question on gold vs real interest rates ????????
Great interview very enlightening
And you where right,goldprices atm at an alltime high
Buying gold is exactly the same as selling Dollars plus the inflation of a basket of currencies.
Great informational news
Great interview !!
Thanks for support
WʜᴀᴛsAᴘᴘ✙18498670268🔥
Can AWC900T be staked on Ledger?
Good guest.
The wish fathers the thought. Been here before. Many times.
"CAN YOU PROVIDE ANSWERS TO YOUR OWN QUESTION?" . . . . FANTASTIC INTERVIEW, LOL
Can't give a thumbs up David.
The monetary policy is not restrictive. Inflation is still very high. It is only lower because of energy, mainly nat gas and oil but that will not last
adjusted for inflation, ath would be 8k per ounce pr more.
Thanks for support
WʜᴀᴛsAᴘᴘ✙18498670268🔥
interesting interview
I just don't see why folks keep predicting unrealistic highs in gold? That would mean that economies are moving into chaos. The central bankers rely on credit against a more pliable money system (dollars).
The lifting of US debt ceiling soon will be the catalyst to push gold to next higher level while taking into consideration the ongoing inflation, high interest rate environment and………………..
$XAU is going into the commodity cycle
ᴡʜᴀᴛꜱᴀᴘᴘ ᴍᴇ 🚀🚀🚀
Gold is real money, everything else is a Ponzi
Its possible good Point
There's no way federal reserve will cut rates this year.
How does the economy grow with all those below-50 manufacturing prints?
5.5% interest rates is not high
I told crypto bugs on here over and over to sell their BTC or some when it was 50K or higher and buy some gold and silver. I hope someone followed the advice.
I got out!
The interest rate has still been going up! not down... as he claims!
I love david ❤
Hey, I leant heaps
This is limited, manipulated information about precious metals. Comex has crashed and they no longer can deliver physical silver to investors.They are NOW paying off investors with physical gold because silver is fast becoming unattainable.
Did silver stop being a monetary metal, as such gold (stocks) should outperform silver (stocks) during a stagflationary period?
Well then silver should be heading up to $30 Oz. Most of us can't afford gold so silver is my goto metal.
Thanks for support
WʜᴀᴛsAᴘᴘ✙18498670268🔥
excellent
platinum?
Gold has not gone up !!!! but Dollar has come down mainly.
Gold will NOT go much higher as DXY will stabilise soon and inflation evaporates.
This.
Promise ? 😂
Gold is at $1925, is in a strong uptrend, in a multi-year bullish pattern, and this guy says we will break $2100 this year. This guy is a real genius.
It looks like his bullishness was pre-mature. A week after this interview we’re now in a spiral that ends 25-30% lower. Somewhere in the $1600-1700 range by mid summer.
99% of comments promote a new crapto shitcoin. Alas
BUY THE *AWC900T* AND HOLD THE LINE BOYS.
Everybody is telling you that the FED is soon going to cut rates - so it is clear, that this is NOT going to happen!
Oh god not gold again 🤦🏻♂️ we did this 10 years ago
Hopefully AWC900T will do good.. have alil over 10million AWC900T coins
Inflation will continue upwards and the USD will turn back up once more capital flows from Europe escape into it, this also include equities.
GOLD HKG621 🚀🍀
All of my USDT is still going to buy AWC900T
🗽The golden age is coming...
.
CPI won’t be below 5% by 2024.
God Bless
Dude you had Kevin O’Leary on. You have 0 cred.
ᴡʜᴀᴛꜱᴀᴘᴘ ᴍᴇ 🚀🚀🚀
Gold probably does not get above $2300 in 2023. Something will derail its price increasing more than that. Some are calling for gold at $3000. That’s outrageously high, and probably means the dollar has entered into a free fall phase back to around 80 or maybe low 70s on the index. Inflation would be rather high with a collapsing dollar.
Thanks for support
WʜᴀᴛsAᴘᴘ✙18498670268🔥
I was not surprised.
It is a currency hedge hello!
We will rise with AWC900T and Matic!!! Just HODL
Jim Rickards calls for $17k minimum before 2025
Any thoughts?
𝚃ʜᴀɴᴋꜱ 𝙵ᴏʀ 𝚆ᴀᴄᴛʜɪɴɢ.
𝚂ᴇɴᴅ ᴀ 𝙳ɪʀᴇᴄᴛ 𝚃ᴇ𝚡ᴛ 𝙾ɴ 𝚆ʜᴀᴛꜱᴀᴀᴘ
𝚆ɪᴛʜ 𝚃ʜᴇ 𝙽ᴜᴍʙᴇʀ
✙𝟷𝟺𝟷𝟸𝟻𝟺𝟹𝟼𝟺𝟼𝟹
biggest market explosion ever is AWC900T
Been staking with AWC900T!