Worst set up for commodities I have ever seen ever...especially gold and silver #russia_disaster #yuan_collapse huge fan of *OWNING* silver but not for price appreciation here.
Thankyou Mr Christian for the excellent information. Could consumers be forced to spend more because of rising cost of living. Credit card debt and other consumer debt are at elevated level. My veiw from street level is people are struggling to make ends meet. They are tired of hearing how strong the economy is. Many people are selling metals because they need to pay bills. I doubt it is mostly frustrated investors unloading to break even. No facts only anecdotal evidence.
We do, in previous episodes he said the average price for gold is 2200 dollars per ounces for 2024 and silver 28 dollars per ounce for 2024. Now he is readjusting his target. He doesn’t have a crystal ball. I take his projection numbers as a grain of salt.
@@zinmintun2001 yes there are so many so called experts who have predicted gold to go to 2500 and higher, I think that most of them live in a dream world or are trying to cause a stampede to buy gold hence rising the price and then they sell out making a profit.
Interesting. Noted. Based on my memory, this is not the image I remember of Jeff's former projections. I have always pictured Jeff as a gold dissuader. It does not seem reasonable for gold to decline with different exchanges opening up and more interest .
Usually the Summer month precious metal is weak. Will it be different this time? I don’t know. If silver holds at resistance $30 and gold at $2,300, then it will go side way until later in the year. However, if Silver don’t hold at $30 the next support level will be $28 and gold at $2,000-2,100. Good luck guys.
Easy. U.S. manipulation goes on, but only the paper-price. Look to shanghai for the price of physical. Soon China can anounce the largest gold holdings and dictate the price.
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Worst set up for commodities I have ever seen ever...especially gold and silver #russia_disaster #yuan_collapse huge fan of *OWNING* silver but not for price appreciation here.
Great information Jeffry thank you
Use 1.25x play speed
Thankyou Mr Christian for the excellent information. Could consumers be forced to spend more because of rising cost of living. Credit card debt and other consumer debt are at elevated level.
My veiw from street level is people are struggling to make ends meet. They are tired of hearing how strong the economy is.
Many people are selling metals because they need to pay bills. I doubt it is mostly frustrated investors unloading to break even.
No facts only anecdotal evidence.
Inflation is decelerating. It is not declining.
People are leaving New York at a higher rate than any other state in the USA; for reasons that have to do with, you know… New York 🙄
When Jeffrey talks gold and silverbugs should listen
Many thanks Jeffrey have a nice weekend
We do, in previous episodes he said the average price for gold is 2200 dollars per ounces for 2024 and silver 28 dollars per ounce for 2024. Now he is readjusting his target. He doesn’t have a crystal ball. I take his projection numbers as a grain of salt.
@@zinmintun2001 yes there are so many so called experts who have predicted gold to go to 2500 and higher, I think that most of them live in a dream world or are trying to cause a stampede to buy gold hence rising the price and then they sell out making a profit.
The price projection for 2024 is on a annual average base @@zinmintun2001
Interesting. Noted. Based on my memory, this is not the image I remember of Jeff's former projections. I have always pictured Jeff as a gold dissuader. It does not seem reasonable for gold to decline with different exchanges opening up and more interest .
Usually the Summer month precious metal is weak. Will it be different this time? I don’t know. If silver holds at resistance $30 and gold at $2,300, then it will go side way until later in the year. However, if Silver don’t hold at $30 the next support level will be $28 and gold at $2,000-2,100. Good luck guys.
CPM groups information is outdated and unfortunately for Jeff he has not been able to keep up with the changing times
Thanks from Paris
Excellent shit
Thank you for your excellent analysis. We know your worth as the subject matter expert.
Jeff sux
Easy. U.S. manipulation goes on, but only the paper-price. Look to shanghai for the price of physical. Soon China can anounce the largest gold holdings and dictate the price.
Imaginary assets (crypto) shouldn't dwarfing real assets but manipulation projects explains why
"(And) Then Came the Last Days of May" - Blue Oyster Cult
Charts off past prices are what is STUPID .Why ? One word - SOLAR. And secondly - TECHNOLOGY. AND thirdly - INFLATION.
i again disagree wit you.ECONOMY IS SHRINKING AND INFLATION IS NOT GOING DOWN.SANCTIONS MKE IT IMPOSSIBLE
He lies about everything
WLB!
and its gone, obiden build back better
If American citizens don't catch on the Chinese citizens may. How many Chinese citizen can afford silver? Obviously a few more than here.