Worst advice I received from my financial advisor in the mid 2000s was not to bother buying physical gold and to invest in the market instead. Gods money never fails.
@fireboltaz. Lol except in the end times! God's word says that in the end times that they will be throwing their Gold & their silver in the streets bc it will be WORTHLESS, so yes it WILL EVENTUALLY FAIL! However with that being said, and since we do not know God's timing for his return I say stack on my friends!!
When one has a financial advisor who also is a fiduciary, such opposition tends to be muted. I'm my own financial advisor and I studied markets and investing for 2 years before ever putting a penny into the market. That worked well, I made good money, and then 2008 hit and I knew that making money had to be followed by actually keeping it and not losing half of it to a market tantrum. Hence the need to find an asset that was solid enough, particularly during not so good times. Silver came to me at first and I started stacking it. Then gold came to me and I started stacking it. In 2019, my silver stacking goal was completed, so I only buy silver when I can get a good deal on something I really like, such as pre-1921 Morgans and 1964 Kennedy halves. Early 2000s proof statehood quarters are also great and I should be receiving 20 rolls of them on Monday or Tuesday to add to my stack. High gold prices are making it tough to buy more gold at this point. They are making me wonder if a significant pull-back will accompany these all-time highs in gold. So far, not but one still has hope that there will be a substantial price dip, possibly in the spring of 2025. Alternatively, I should probably set aside $6k or so and buy the most gold for that money that I can.
My guy at Primerica, USAA, etc….all hate gold because they don’t make money off it. Fiduciary vs non fiduciary. I keep buying it regardless. So far, I’m up..waiting for market crash to write off market losses as metals soar. Losses should reduce tax profile as metals exchange for real estate…acres. Use silver to pay annual taxes. Kings law has always been here in N. America..just named differently.
I was a buyer at 1800, at 2000, at 2200, at 2500, and I'll be a buyer at 3000. You have to have precious metals as part of your portfolio. Get some silver too.
I have one only one ounce I bought at 800.00$. Only 800. Wow I agree 3000$ for Christmas. Now I have. 15. Single old lady here. It’s expensive. But still buying. Just takes longer
I hit my stacking goals back in 2017 and always thought the only way I’d sell my gold is when it hits $3k. Didn’t think it would be this close this soon.
I like the chart, you can correlate the exposure and revelation of Communism infiltration in America in the 60s and the removal of gold backing in the 70s. The higher the cost of gold, I don't believe it's a stretch to say you're delusional if you're celebrating doubling or tripling your investment in gold.
I would definitely only sell when you need some cash for something in particular, or it wouldn’t make sense. The dollars you convert to will shrivel, and shrink away over time…you won’t see that with Gold.
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
What I appreciate about Linda Wilburn. is her ability to tailor strategies to individual needs. She recognizes that each investor has unique goals and risk tolerances, and she adapts her advice accordingly.
When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. While there are no shortcuts to getting rich, but there are smart ways to go about it.
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
Buy the rumor, sell the news. The rate cuts have been priced in for months. The price will dip (at least temporarily) when the rate cuts are announced.
The law of big numbers. A 35% move from $1000 is $1350. From $2000 is $2700. From $3000 is $3645. Same 35% increase but incrementally larger $ returns. I can see gold at $3000 by the first quarter of 2025. I can see gold at $20,000 by 2030. We’re in a very similar economic situation as in the 1970’s, persistent inflation and slow growth. It’s a 50 year cyclical event. Gold went from $35 to $850 during the decade. Do the math and you will see that $20,000 is not a stretch.
1000-1350… 2000-2700… 3000-4050… numbers are bigger than your post w/ corrected math ;). Idk about 20k however national debt was 5 Billion in 1997 & 27 years later is 35 TRILLION! For reference there are 761 Billionaires in the USA, 2760 in the entire world! NOT 1 trillionaire; YET! Yes gold is going to the moon, that’s great for PM & unfortunately bad for literally everything else. That’s my opinion & not buying advice but the train has left the station folks! Buy, buy, buy! Gold, Silver as much as your personal budget will allow to hedge against inflation & what is coming & much sooner than many anticipated imo.
Years ago, I did one of those back-of-the-napkin calcs about what the gold price would be IF the US had to back all of the money they'd printed with gold. I think that this was in 2012 but can't swear to it. Anyway, that calc showed that the gold price would have to be in the area of $67,000 an oz. Since then a LOT of currency has been printed, which would force the gold price a lot higher, maybe to $100k or better. Of course, and economists vary on this, but if even partial backing was required, say 30%, then the price of gold in that scenario would be $67,000 x 0.3 = $20,100. That's a lot less than full backing would require and doesn't include the additional currency that's been printed since 2012, so even at a 30% partial backing, we still could be talking a gold price in excess of $50k / oz.
I've been buying gold every month for over 40 years and charting for the last 30 years and have purchased 1 ounce/month as forced savings. I think gold will peak at $2825 this year and bottom at $2375 during brief retracements. Remember, the most effective method is to hold for the long term as I have done.
Fun facts : in 1979 gold increased 133% Over the past 50 years there have been 30 years of positive growth and 20 years in the negative. So historically it's nearly 50/50 of what way things can go, either take profits if they are there or sit if you don't need them, there is no wrong answer
Gold will go to $3000 then crash to $2000 with the recession and a stock market crash. Then it will go on a gigantic bull rally blowing way past $3000 and likely to $4000 and higher. Silver will do something similar.
@@RayAja-m7bI don’t think you understand gold isn’t over or under priced, it’s the dollar that’s becoming worthless. 2-dimensional thinking, this one needs to go back to school
Anything can happen. I am on the sidelines. I don't buy at all time highs. Its not fun but I am patiently waiting for something to change. I need a buying opportunity. Not a fear of missing out opportunity.
@@wirelessone2986 Lower rates should be good for gold and silver since it lowers the loss of opportunity cost. High rates make bonds, REITs, money markets, and other fixed income investments more popular and reduce the value of holding gold. Just in MHO, of course.
@2is1gold Agreed. The policies of who is elected will have an impact for sure. The markets like certainty. Through some whack policies like jacking up taxes while continuing to increase spending and it will push PMs up even more as a hedge. Interesting times for sure.
I hope you’re right. But the markets have already figured/priced in that amount of a cut. Gold will not be going to $2800.00 next week, unfortunately.🙁
Last Thursday the ECB (European Central Bank) cut the rates with 0.25%: gold prices rose with $45. The rate cuts by the FED will have more impact I presume... :-/
Gold is on fire it broke 2 last year and has not really looked back some silver pumps are still pushing pretty hard today Gold for the win 🥇 my opinion
I read this whole jump was triggered by the Fed whisperer stating the case for .5 and getting those odds on par with .25 So my uninformed opinion would be that if the Fed cuts by just 0.25 gold will give back part of this rally then... 40-70% of these gains back
Really like your videos! 9-15-'24 gold closed @ $2606. 1/10 fractional gold Maples can be had at 13-15% premiums - affordable, fluid (but not selling). Gold to $2700. premiums are a wash. I liked your videos about fractionals, and in my humble opinion, Maples are a definite way to go. On a budget - can't go wrong.
Rate reductions make $2,750 more probable than just possible in CY 24. $3K by Q3 25’ even with modest/healthy pullbacks in that time. The shorter term ceiling of $3K will be caused by one or both: 1. Profit taking at a psychologically meaningful valuation or 2. retail liquidation due to degrading market conditions around Q4 of 2025. Either will exponentially increase supply, depreciate value at a time when only central banks have the discretionary funds or liquidity to buy the correction.
I never thought that Gold will move so crazily when I first started buying. It’s an indication of how mismanaged our economies are. Not only in US but all over the world.
I got cash out to buy my first gold coin yesterday but saw the price was at a new all time high and decided to hold off. Do you think it will go back under 2500 an ounce?
Gold will likely still run higher for a few months, maybe up to $3000 or more (end this year or early next) but then there will be an inevitable pullback while everyone catches their breath and/or sells for profits. Maybe it'll drop down to around $2430 which was the April high and use that as support or go lower to $2100 ish. That's ur time to buy cos after that it will possibly go on another huge run for a couple of years to possibly $5000. But.... global events can change it all, and who knows what state the world will be in. I'm just going off charts, and history. Not financial advice! But in my opinion if you hang on you'll get your buy in, or as someone has said just buy in fractionally cos you'll still win if you're gonna hold for the long haul. Better than letting your money sit in a bank account depreciating. I'm waiting for the next big pullback before I get any more.
@@PNEfc001 I’ve been hearing that argument for real estate in Canada since I was old enough to work. Yet to see it a few pull backs but nothing substantial especially when it dropped interest rates spiked ?
Hey I'm fairly new to stacking gold... I was wondering.. which coins are better when it comes to handling/ fingerprints or scratching? Not sure if it was you or someone else.. but I heard someone in a video say some coins you can take out of the plastic and not have to worry too much...
@@denist.3089 Maybe it will be and maybe it won't be higher. But a paid for home is a sure thing, IMO, and the freedom from debt is enormously liberating. Been there, done that in 2014, no regrets. Although with cash, not gold, so that softened the blow considerably. 🙂
I don't understand why Silver should go up in value? Gold is gold and always in demand in a lot of areas. Silver is not like that. There shouldn't be a correlation between gold and silver.
Gold's price is simply a reflection....an antithesis of inflation. This is good in that it is one surefire means of protecting the value of your labor. The increase in price doesn't provide much glamor or excitement (other than that) when you remember the massive increase in the cost of goods and services.
2 is 1 I would like to know your opinion, not with just the gold spot price, but the stock market, leading up to the potential results of the Nov 5 election. Dare to go there?
If you own Gold and you’re happy about it’s continued price escalation you must not own anything else. All that signals is the diminishing purchasing power of your money.
Dang it! I need a 15% correction in order to purchase another hunk of Gold. Got a few hundred in cash back accumulated, and I still need 4 more 1/4’s to fill my tube. Well, you know what they say…”What goes up, sure as sh#@ comes down”.
This rate cut business is nothing but hype. If the cut was 100 points or more that would be significant, otherwise not. The hikes were radical from 0 to 6%.
Great vid. But what’s your opinion this: I’m hearing on a few other channels that if there is a rate cut, that’ll make the Dollar stronger and Precious Metals would drop in price ? Thanks.
Curious what channel owner is saying that. The dollar will soften and treasury yields will decline with a lower ffr. Anything contrary to that would come from some other cause. Cheers!
My other concern is when they say that we're actually in a recession gold takes a dip the only problem with that when they call it a recession is that they're looking in the rearview mirror in the nber always is lagging behind so when would the dip have been if they said that we started the recession in October 23rd. It'd just be nice to have some data that isn't lagging
Your guesstimate is as good as any expert. Here in Britain over the past week gold has gone up by £50 per ounce which is a big jump. At some point you'll be spot on. Whether it's one, two, five or more years. In the grand scheme it's not that far away. Great work Mr 2is1.
Gld daily chart far outside the upper boulanger bands with no confirmation by the R.S.I indicator of it being overbought if it gets to an overbought reading can always hedge cheaply and effectively using silver put options your welcome
@@wirelessone2986it will definitely drop below $2,500 again. It’s a certainty, because reaching all-time highs will need to heavy selling, dragging the price downward.
@@wirelessone2986 That would be terrific... and a fine gift to gold stackers everywhere. If CBs and governments want to get gold on sale one more time before it goes sky high, they very well might engineer some sort of pull -back via a massive paper gold dump into the market. If that happens, back up the truck and buy ALL that you can afford.
@Jan-m5c2r gold is still very undervalued it should be around 4000. The more people that start realizing this and the dollar keep devaluing, gold should pop in price, to over 3000.
@@Frd4Lf But... the dollar is not losing value. It has actually strenghtened lately. If you watch the doomer channels, however, the dollar is devaluating 🙂
@@Jan-m5c2r What do you call going to the grocery store and prices are almost twice as high as last year???? When home prices are astronomical.....that is your shrinking fiat....FAKERY paper that is devalued, CRUSHED...your dollar pays for 3.00 loaf of bread....ten years ago it was 1.50....the dollar when not backed by gold is funny money friend....STOP listening to the tell lie vision.
I am calling it in gold on a floor where it will find strong support this year at 2,400 & maybe topping it at 2,800 before year end. Next year, topping at maybe 3,500/3600 USD with the support floor of 3,000/3100 USD by late next year, aka: early mid winter 2025.
Anyone know if nicks, scratches, and dings effect to price of gold? I like to sit around and shuffle gold like poker chips and they get dinged up a bit. Should I still be able to get spot?
The price is rising and sizzling predictions are being thrown out again by certain channels. Ya know. you can take it on the chin. heh vermillion's latest video, speaks more to where I think things are going in the real market, outside of spot.
@@2is1gold Of the couple of dozen gold channels on YT, 2is1 is the very least of those pumping gold, usually while also selling it. I consider this channel and BG Money to be the ADULT gold channels, which is why I view them 2-3 times a week to see if there's a new video. 🙂
I expect it to go down but nothing crazy. I'm hearing 20% but I thinkn 4% is note reasonable. Any loss will be short lived just a nice buying opportunity 👌
I gave you a prediction about four or five months ago on what gold would be at as far as a spot price and it already surpassed that big time so I was being conservative what makes me think that there's a lot of big things going on behind the scenes with all the governments around the world and the media keeps everyone in the dark so let's just start buying gold
The elephant in the room nobody is talking about is Brics! Brics makes their announcement on Oct 22 Gold will run hard! Its a run up until then, then its a blast!
Get what you’re saying, but this is an observation that’s never made when BTC or other assets go up. I think fractional is going to be a lot more popular.
Don't sell your physical gold! Even if you paid less than $400 an ounce for it. The price will go high enough to shake even the strongest of small hands. That's what TPTB want you to do. Fiat will be worthless. Up to you...
i just was a at a coin show today and off loaded a 10 oz bar and 10.5oz of silver all of it was when i first started stacking and didnt do real research so all of those i broke even on. the bar i traded for a 10th oz gold eagle. no one wanted to pay past 290 and the guy took it as a trade. year of the tiger but still was one of my more regretful purchases and the rest was toned and dented stuff ive had from my first year. literally all the cash back and so im gonna put that same cash towards gold. dont regret cuz it was brutal tryin to move some of it. though i did buy 3 1/4 oz eagles at 660 so only guy with real good deals on them but wanted 2700 for a maple. couldnt justify it. this 10th proof i was tryin to use as trade was a bust. didnt even move it. i had 11.5 but found out one of them was a fake. freakin clad.
Yeah I got some that time too. Going off today's metrics. As long as gold is breaking even in a short jump it's good. I've had my first ,,3 oz back in 22 and all of its payed off so far. Even my silver. Around 23$ on dollar cost thx to the silver I sold off/traded.
I'm very happy to see the increase, for the sake of what's already in the stack, but hopeful for a decrease for the sake of building the stack. Even $2,800 would be a doubling of price in a little over 4 years (since before the COVID shut down). Clearly that is not sustainable. All we seem to hear about is what will push it higher, but what could push it lower? Not because I want to lose value, but because I'd like to more affordably add to the stack. I feel like every huge run up like this, inevitably has a 30%-40% pull back. What will prevent that from happening?
I suspect that $3000 gold is a foregone conclusion in 2025. Where it goes from there I don't know but given the turmoil in the world I expect the answer to be up. Thanks!
I know gold has been making all time highs, but silver is too undervalued not to buy it. I dont tell people what to buy anymore. Im burnt out telling people to buy gold and silver for 20 years and people to buy crypto when btc was 1000. Do what you want. Im buying silver and platinum.
Platinum used to be worth more than gold, and the amount of platinum in the world will fit into a garage. 7m cubed, that's 7m x 7m x 7m. It is a metal that is used for purification of everything like air and water. Not a hunch. I just want some.
Worst advice I received from my financial advisor in the mid 2000s was not to bother buying physical gold and to invest in the market instead. Gods money never fails.
I also got costly advice in 2000. It’s nice being in the black with GOLD
@fireboltaz. Lol except in the end times! God's word says that in the end times that they will be throwing their Gold & their silver in the streets bc it will be WORTHLESS, so yes it WILL EVENTUALLY FAIL!
However with that being said, and since we do not know God's timing for his return I say stack on my friends!!
When one has a financial advisor who also is a fiduciary, such opposition tends to be muted. I'm my own financial advisor and I
studied markets and investing for 2 years before ever putting a penny into the market. That worked well, I made good money,
and then 2008 hit and I knew that making money had to be followed by actually keeping it and not losing half of it to a market
tantrum. Hence the need to find an asset that was solid enough, particularly during not so good times. Silver came to me at
first and I started stacking it. Then gold came to me and I started stacking it. In 2019, my silver stacking goal was completed,
so I only buy silver when I can get a good deal on something I really like, such as pre-1921 Morgans and 1964 Kennedy halves.
Early 2000s proof statehood quarters are also great and I should be receiving 20 rolls of them on Monday or Tuesday to add
to my stack. High gold prices are making it tough to buy more gold at this point. They are making me wonder if a significant
pull-back will accompany these all-time highs in gold. So far, not but one still has hope that there will be a substantial price dip,
possibly in the spring of 2025. Alternatively, I should probably set aside $6k or so and buy the most gold for that money that I can.
My guy at Primerica, USAA, etc….all hate gold because they don’t make money off it. Fiduciary vs non fiduciary. I keep buying it regardless. So far, I’m up..waiting for market crash to write off market losses as metals soar. Losses should reduce tax profile as metals exchange for real estate…acres. Use silver to pay annual taxes. Kings law has always been here in N. America..just named differently.
natures money
I was a buyer at 1800, at 2000, at 2200, at 2500, and I'll be a buyer at 3000. You have to have precious metals as part of your portfolio. Get some silver too.
I have one only one ounce I bought at 800.00$. Only 800. Wow I agree 3000$ for Christmas. Now I have. 15. Single old lady here. It’s expensive. But still buying. Just takes longer
Hero Biscuit.
I bought my first 5 oz bar for $800
TOTAL
@@maryperrysmith5815 Wow.... you get a quarter ounce Gold goverment coin for that amount plus maybe a little silver.
@@livinthedream7714 now that's a good deal! Too bad you didn't get a few more, right? 👍
@@dannyzuehlsdorf3697 No, too bad I sold it long long ago!
Lol
It's all good
:)
I hit my stacking goals back in 2017 and always thought the only way I’d sell my gold is when it hits $3k. Didn’t think it would be this close this soon.
Yeah, crazy. It's doubled. Cheers!
why sell, 3K now, sure, gold holds buying power, why check out into fiat , it will continue to be inflated away?
I'm not looking forward to selling but I'm close to my goal too.
I like the chart, you can correlate the exposure and revelation of Communism infiltration in America in the 60s and the removal of gold backing in the 70s. The higher the cost of gold, I don't believe it's a stretch to say you're delusional if you're celebrating doubling or tripling your investment in gold.
I would definitely only sell when you need some cash for something in particular, or it wouldn’t make sense. The dollars you convert to will shrivel, and shrink away over time…you won’t see that with Gold.
Remember, guys. Gold didn't get more expensive. The dollar is just worth less.
Well demand has increased which is a factor too
It's more expensive if your wages are "delta".
0:40 😢@@bobsuruncle679
You're listening to too much Zang
100% CORRECT-A-MUNDO
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
SHE IS ON TELE GRAM.
@LINDAWILBURN.
What I appreciate about Linda Wilburn. is her ability to tailor strategies to individual needs. She recognizes that each investor has unique goals and risk tolerances, and she adapts her advice accordingly.
When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. While there are no shortcuts to getting rich, but there are smart ways to go about it.
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
Buy the rumor, sell the news. The rate cuts have been priced in for months. The price will dip (at least temporarily) when the rate cuts are announced.
The law of big numbers. A 35% move from $1000 is $1350. From $2000 is $2700. From $3000 is $3645. Same 35% increase but incrementally larger $ returns. I can see gold at $3000 by the first quarter of 2025. I can see gold at $20,000 by 2030. We’re in a very similar economic situation as in the 1970’s, persistent inflation and slow growth. It’s a 50 year cyclical event. Gold went from $35 to $850 during the decade. Do the math and you will see that $20,000 is not a stretch.
What do you think about silver and how high it will go?Thank you
Oh it’s definitely a stretch. The powers that be won’t allow that kind of move, that quickly, and the Paper Puppets will short the sh$# out of it.
1000-1350… 2000-2700… 3000-4050… numbers are bigger than your post w/ corrected math ;). Idk about 20k however national debt was 5 Billion in 1997 & 27 years later is 35 TRILLION! For reference there are 761 Billionaires in the USA, 2760 in the entire world! NOT 1 trillionaire; YET! Yes gold is going to the moon, that’s great for PM & unfortunately bad for literally everything else. That’s my opinion & not buying advice but the train has left the station folks! Buy, buy, buy! Gold, Silver as much as your personal budget will allow to hedge against inflation & what is coming & much sooner than many anticipated imo.
Years ago, I did one of those back-of-the-napkin calcs about what the gold price would be IF the US had to back all of the money they'd
printed with gold. I think that this was in 2012 but can't swear to it. Anyway, that calc showed that the gold price would have to be in
the area of $67,000 an oz. Since then a LOT of currency has been printed, which would force the gold price a lot higher, maybe to
$100k or better. Of course, and economists vary on this, but if even partial backing was required, say 30%, then the price of gold in
that scenario would be $67,000 x 0.3 = $20,100. That's a lot less than full backing would require and doesn't include the additional
currency that's been printed since 2012, so even at a 30% partial backing, we still could be talking a gold price in excess of $50k / oz.
I can see 20 k in October If Bric comes out with a new fiat backed by the basket of commodities.
In this crazy market, a video from a few hours ago is outdated. 🤣
Ha! True. Comment of the decade.
I was hesitant to buy today. But every pay check, I buy some gold and silver. Today I picked up a 1/4 oz of gold and 10 oz of silver.
I've been buying gold every month for over 40 years and charting for the last 30 years and have purchased 1 ounce/month as forced savings.
I think gold will peak at $2825 this year and bottom at $2375 during brief retracements.
Remember, the most effective method is to hold for the long term as I have done.
Sounds like close to a 500 oz. gold stack. Very very well done, sir! 👍👍
Congrats what a achievement
@@geoffreycoury1171 if collecting gold makes someone save good but it will not bear the market over time
Fun facts : in 1979 gold increased 133%
Over the past 50 years there have been 30 years of positive growth and 20 years in the negative. So historically it's nearly 50/50 of what way things can go, either take profits if they are there or sit if you don't need them, there is no wrong answer
🤜🤛
It has never gone down/stagnated for a period of more than 5 years. Just keep holding it during that period. After that, it will skyrocket.
Selling when I retire and only then, will keep buying until then
Gold will go to $3000 then crash to $2000 with the recession and a stock market crash. Then it will go on a gigantic bull rally blowing way past $3000 and likely to $4000 and higher. Silver will do something similar.
No way silver going to $3000
What is your rationale?
Fingers crossed 🤞🏾 we get the crash to $2,000…because I’ve been waiting patiently.
@Chris_Richard he meant a similar move.
@@TT3TT3 😆
Basil 3 - January 2023 gold became a tier one global asset along with cash and sovereign bonds. This is important to always remember.
It became a tier 1 asset in April of 2019.
@@2is1goldoh wow, good to know. Thanks for the knowledge
Im calling it gold 3,000 end of 2024!
I second that!
If gold hits $3000/oz, I'll let my German Shepherd shit in my house!!!
Very unlikely 😂😂😂😂😂, gold already overprice
I actually think we’ll be surprised and gold will hit $3000 within the next two weeks. Wouldn’t that be something?!
@@RayAja-m7bI don’t think you understand gold isn’t over or under priced, it’s the dollar that’s becoming worthless. 2-dimensional thinking, this one needs to go back to school
Anything can happen. I am on the sidelines. I don't buy at all time highs. Its not fun but I am patiently waiting for something to change. I need a buying opportunity. Not a fear of missing out opportunity.
I feel exactly the same.
Silver is creeping above $30.
I don't think you'll get an opportunity on a pullback anytime soon.
Answer to that is no procrastination
Silver usually goes nowhere, when it goes, it does NOT stop.
I'd say that after the coming rate cut, the next catalyst for Gold is going to be in November.
I wouldn't be surprised to see three rate cuts this year. Hard to say what the election will do yet.
@2is1gold If we have 3 rate cuts what effect SHOULD that have on Gold/Silver??
@@wirelessone2986 Lower rates should be good for gold and silver since it lowers the loss of opportunity cost.
High rates make bonds, REITs, money markets, and other fixed income investments more popular and reduce
the value of holding gold. Just in MHO, of course.
@2is1gold Agreed. The policies of who is elected will have an impact for sure. The markets like certainty. Through some whack policies like jacking up taxes while continuing to increase spending and it will push PMs up even more as a hedge. Interesting times for sure.
These prices are just wild.I am currently saving for a one oz but it seems I'll never get there. Maybe fractional is in my future instead.
It's on a crazy run!
That's what I thought when gold was $1150 and oz
Fractional would be easier to unload if gold shoots to the moon. Don’t want the IRS involved
Fractional
Silver silver silver
I can't stop buying. I don't care if it was 7 grand. I'm hooked.
I expected profit taking today, but instead we had a rally continuation with a nominal gold high and a leap for silver over the $30 “barrier”.
Still time, but only three trading days prior to the expected cut.
i bought 2 .1oz gold eagles in 2015 for $135. i cannot believe i didnt purhcase more.
No need to thank me, sold a few ounces couple of days back. That's the real reason metals have gone up 😢
Appreciate your sacrifice.
I did the same with my one winning mining stock. Just happy to get out of jail, and I needed the fiat to pay...
OK, but what I REALLY wanna know is when you BUY some gold. The resulting drop in price would be useful to us gold buyers. 😉
@@edb3877 will keep you informed !
Gold is gold.
I thought I was too, until 2 Is 1 described what real "gold is gold" types are like. I keep it to the coins of reputable gold countries.
@@PaleoMeat yes 🙌 100%
Close to spot is the name of the game. None of this marketing related attachments such as Call Of Duty coins ffs
I wanted to get into gold. With the way it’s rising it’s just not possible for me. Can’t afford these crazy numbers
I will continue with my 1/4oz gold maple purchases until (IF) there is a decent dip. At least I will be accumulating are my thoughts.
🤜🤛
I predict the Fed will lower rates 1/2% next week and gold will jump to right around 2800.00 per Oz.
I hope you’re right. But the markets have already figured/priced in that amount of a cut. Gold will not be going to $2800.00 next week, unfortunately.🙁
Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants, but debt is the money of slaves.
Last Thursday the ECB (European Central Bank) cut the rates with 0.25%: gold prices rose with $45. The rate cuts by the FED will have more impact I presume... :-/
The way it’s growing we could see 3000 by year end.
Gold Price Per Ounce $2,632.42 +40.64
Gold is on fire it broke 2 last year and has not really looked back some silver pumps are still pushing pretty hard today Gold for the win 🥇 my opinion
🤜🤛
Got my Summit Metals A S.E. today thanks to 2 is 1!!
Nice!
I read this whole jump was triggered by the Fed whisperer stating the case for .5 and getting those odds on par with .25
So my uninformed opinion would be that if the Fed cuts by just 0.25 gold will give back part of this rally then... 40-70% of these gains back
CME Fedwatch has it back to 49/51% (50/25bps), so that could be the case.
Fractional is a good way to go, only way to go, much easier to sell than 1 oz, if you had to
Really like your videos! 9-15-'24 gold closed @ $2606. 1/10 fractional gold Maples can be had at 13-15% premiums - affordable, fluid (but not selling). Gold to $2700. premiums are a wash. I liked your videos about fractionals, and in my humble opinion, Maples are a definite way to go. On a budget - can't go wrong.
.25 Bp cut is already price in and a .50 BP cut will be a catalyst for gold because it will signal the Fed is behind in cutting rates
Rate reductions make $2,750 more probable than just possible in CY 24. $3K by Q3 25’ even with modest/healthy pullbacks in that time. The shorter term ceiling of $3K will be caused by one or both: 1. Profit taking at a psychologically meaningful valuation or 2. retail liquidation due to degrading market conditions around Q4 of 2025. Either will exponentially increase supply, depreciate value at a time when only central banks have the discretionary funds or liquidity to buy the correction.
Yes, them and sovereign governments.
I never thought that Gold will move so crazily when I first started buying. It’s an indication of how mismanaged our economies are. Not only in US but all over the world.
Hi , do u think precious metal prices coild go down a bit with a .25 percent cut ?
As much as I want the 3k to come soon, in the same time I don’t want it to come before January because in Jan I usually buy 6/7 oz 😅
This coming week, the institutional shorters will be knocking gold and silver down significantly...be careful
A little. Not much tho😁
We need to forget price and just see it as an ounce of Gold or silver
International War concerns, BRICS+, $1 trillion every 90 days, Debt/ GDP Surging in All Western countries....Gold isnt going to Retreat anytime soon
The cup and handle should push Gold to $3000 and my guess is by January at the latest. Some analysts have $2900 by mid October 2024.
Interesting, as always. Thanks!
Cheers!
I got cash out to buy my first gold coin yesterday but saw the price was at a new all time high and decided to hold off. Do you think it will go back under 2500 an ounce?
best to buy fractional over time when this high incase of drop it probably will keep going up or side ways for awhile and maybe dip
Never again under $2500
Gold will likely still run higher for a few months, maybe up to $3000 or more (end this year or early next) but then there will be an inevitable pullback while everyone catches their breath and/or sells for profits. Maybe it'll drop down to around $2430 which was the April high and use that as support or go lower to $2100 ish. That's ur time to buy cos after that it will possibly go on another huge run for a couple of years to possibly $5000. But.... global events can change it all, and who knows what state the world will be in.
I'm just going off charts, and history. Not financial advice! But in my opinion if you hang on you'll get your buy in, or as someone has said just buy in fractionally cos you'll still win if you're gonna hold for the long haul. Better than letting your money sit in a bank account depreciating.
I'm waiting for the next big pullback before I get any more.
@@PNEfc001 I’ve been hearing that argument for real estate in Canada since I was old enough to work. Yet to see it a few pull backs but nothing substantial especially when it dropped interest rates spiked ?
The best time to buy GOLD is yesterday, today and tomorrow.
Hey I'm fairly new to stacking gold... I was wondering.. which coins are better when it comes to handling/ fingerprints or scratching? Not sure if it was you or someone else.. but I heard someone in a video say some coins you can take out of the plastic and not have to worry too much...
Selling mine and paying off mortgage..haven't seen these high prices in my life!
Just wait and sell it higher
@@denist.3089 Maybe it will be and maybe it won't be higher. But a paid for home is a sure thing,
IMO, and the freedom from debt is enormously liberating. Been there, done that in 2014, no regrets.
Although with cash, not gold, so that softened the blow considerably. 🙂
You haven't paid notice of how exponentially money is printed and debt is accumulated.
No one has ever seen it this high ever in dollars
Good for you!
I don't understand why Silver should go up in value? Gold is gold and always in demand in a lot of areas. Silver is not like that. There shouldn't be a correlation between gold and silver.
Gold's price is simply a reflection....an antithesis of inflation. This is good in that it is one surefire means of protecting the value of your labor. The increase in price doesn't provide much glamor or excitement (other than that) when you remember the massive increase in the cost of goods and services.
Sold 81 oz of silver today. Bought me an AGE for $2,777
2 is 1 I would like to know your opinion, not with just the gold spot price, but the stock market, leading up to the potential results of the Nov 5 election. Dare to go there?
I was thinking today about no rate cut....I have no idea and suspect it will be a 1/4% cut....I can only imagine if we see a 1/2% cut...
Why does gold crash with market?
Liquidity? Sell gold because it's the only thing with stable value. Everyone selling creates a short term drop in price.
@@2is1goldThank you very much!
@@2is1gold Yes, and a buying opportunity for those with some spare cash on hand.
If you own Gold and you’re happy about it’s continued price escalation you must not own anything else. All that signals is the diminishing purchasing power of your money.
Wise words.
Where are the folks saying that $2300 gold is way too expensive?
Great quote!
Be careful what you pray for.
🤜🤛
All depends on the Fed’s comments. $3k is much closer than 14 months IMO
The US dollar is dying.
depends on how fast the fed reduces rates.
Dang it! I need a 15% correction in order to purchase another hunk of Gold. Got a few hundred in cash back accumulated, and I still need 4 more 1/4’s to fill my tube. Well, you know what they say…”What goes up, sure as sh#@ comes down”.
This rate cut business is nothing but hype. If the cut was 100 points or more that would be significant, otherwise not. The hikes were radical from 0 to 6%.
Great vid. But what’s your opinion this: I’m hearing on a few other channels that if there is a rate cut, that’ll make the Dollar stronger and Precious Metals would drop in price ?
Thanks.
Curious what channel owner is saying that. The dollar will soften and treasury yields will decline with a lower ffr. Anything contrary to that would come from some other cause. Cheers!
@@2is1gold so in your opinion, if there is an interest rate cut that will cause Precious Metals to rise?
Just the opposite 😊
My other concern is when they say that we're actually in a recession gold takes a dip the only problem with that when they call it a recession is that they're looking in the rearview mirror in the nber always is lagging behind so when would the dip have been if they said that we started the recession in October 23rd. It'd just be nice to have some data that isn't lagging
Your guesstimate is as good as any expert. Here in Britain over the past week gold has gone up by £50 per ounce which is a big jump. At some point you'll be spot on. Whether it's one, two, five or more years. In the grand scheme it's not that far away. Great work Mr 2is1.
Cheers!
Gld daily chart far outside the upper boulanger bands with no confirmation by the R.S.I indicator of it being overbought if it gets to an overbought reading can always hedge cheaply and effectively using silver put options your welcome
Gold brokers are too scared to buy gold at these prices
What’s the fee to sell your gold?
Will LCS and Big Gold distributors play “Johnny Hold Out” on the gold if it were to ever crash heavy like 2008?
They'll do whatever they need to do to not be the ones holding the bag on that deal.
If it crashes I'll buy more
How does this high price effect gold/silver and silver in the future.
It gets higher and I keep buying! Onward!
We will get a correction. That will be a HUGE buying opportunity.
In the end of 2025 3000$ and above will be the new 2.5k. I am calling it and am absolutely not ready for it. Lets see how my comment ages.
Maybe
Will it go less than 2500 one more time??
@@wirelessone2986 A dip for our sake would be nice lets hope for it.
@@wirelessone2986it will definitely drop below $2,500 again. It’s a certainty, because reaching all-time highs will need to heavy selling, dragging the price downward.
@@wirelessone2986 That would be terrific... and a fine gift to gold stackers everywhere. If CBs and governments want to get gold
on sale one more time before it goes sky high, they very well might engineer some sort of pull -back via a massive paper gold dump
into the market. If that happens, back up the truck and buy ALL that you can afford.
Gold will be 3000 this year.
It's still a long way from 2584 to 3000 and that leap will need something special to happen - any suggestions?
@Jan-m5c2r gold is still very undervalued it should be around 4000. The more people that start realizing this and the dollar keep devaluing, gold should pop in price, to over 3000.
@@Frd4Lf But... the dollar is not losing value. It has actually strenghtened lately. If you watch the doomer channels, however, the dollar is devaluating 🙂
@@Jan-m5c2r What do you call going to the grocery store and prices are almost twice as high as last year???? When home prices are astronomical.....that is your shrinking fiat....FAKERY paper that is devalued, CRUSHED...your dollar pays for 3.00 loaf of bread....ten years ago it was 1.50....the dollar when not backed by gold is funny money friend....STOP listening to the tell lie vision.
doubt it
Unfortunately my gold and silver dealer is too far to go every payday
I agree 2700 this year, for sure. 3k next.
I am calling it in gold on a floor where it will find strong support this year at 2,400 & maybe topping it at 2,800 before year end. Next year, topping at maybe 3,500/3600 USD with the support floor of 3,000/3100 USD by late next year, aka: early mid winter 2025.
Would it be FOMO if purchase are made during this moment ?
Maybe, but I remember specifically thinking the same in August of 2020. Spot price was $1,980 at the time.
Buy some but don’t go overboard it’s along time hedge I don’t think you’ll lose if you hold for 5-50 years
Gold has just now returned to its inflation-adjusted high of 1980. Only forty-four years. Yeah team!
Futures on Friday showed Gold at 2606
Anyone know if nicks, scratches, and dings effect to price of gold? I like to sit around and shuffle gold like poker chips and they get dinged up a bit. Should I still be able to get spot?
Dings don't matter. The most you will get on a resale is spot unless some kind of collector coin..
I feel like this week will largely be a non-event for gold price. Just guessing though.
Can't wade through the gold pumping, even at 1.75x to get to the pull back talk.
Are you saying I'm pumping gold? Haven't seen that one in a while. 😄
The price is rising and sizzling predictions are being thrown out again by certain channels. Ya know. you can take it on the chin. heh vermillion's latest video, speaks more to where I think things are going in the real market, outside of spot.
@@2is1gold Of the couple of dozen gold channels on YT, 2is1 is the very least of those pumping gold,
usually while also selling it. I consider this channel and BG Money to be the ADULT gold channels,
which is why I view them 2-3 times a week to see if there's a new video. 🙂
Just shorted mini gold futures contract. Guaranteed it will sky rocket.
Thanks for the videos.
Picked up a quarter ounce this morning for $677 🍁
Nice!
Wonder what brics summit in oktober brings 😊
I expect it to go down but nothing crazy. I'm hearing 20% but I thinkn 4% is note reasonable. Any loss will be short lived just a nice buying opportunity 👌
I gave you a prediction about four or five months ago on what gold would be at as far as a spot price and it already surpassed that big time so I was being conservative what makes me think that there's a lot of big things going on behind the scenes with all the governments around the world and the media keeps everyone in the dark so let's just start buying gold
The elephant in the room nobody is talking about is Brics! Brics makes their announcement on Oct 22 Gold will run hard! Its a run up until then, then its a blast!
We'll see. That elephant hasn't made gold twitch yet.
@@2is1gold Agreed. More hype than substance so far.
Are our salaries also increasing so we can continue buying?
Get what you’re saying, but this is an observation that’s never made when BTC or other assets go up. I think fractional is going to be a lot more popular.
I just pick up 2 gold coin to add to my stack. Still got alot money waiting for either housing collapse or gold dropping back to 2000.
Based on historical trend, I don't think it will ever go down below $2400 .
@@aloksrivastava7938maybe during a recession it will. Only time will tell
Won’t the precious metals prices be manipulated back down again?
Hi, How much did you pay dfor the Rooster? Greetings from Belgium
The Rooster was given to me by a wonderful person at a terrible time. It has huge sentimental value to me. Cheers!
Trust me and remember my words.... sooner or later gold price will decrease to less than 2000$ to 1800$ and even less..
Don't sell your physical gold!
Even if you paid less than $400 an ounce for it.
The price will go high enough to shake even the strongest of small hands.
That's what TPTB want you to do.
Fiat will be worthless.
Up to you...
i just was a at a coin show today and off loaded a 10 oz bar and 10.5oz of silver all of it was when i first started stacking and didnt do real research so all of those i broke even on. the bar i traded for a 10th oz gold eagle. no one wanted to pay past 290 and the guy took it as a trade. year of the tiger but still was one of my more regretful purchases and the rest was toned and dented stuff ive had from my first year. literally all the cash back and so im gonna put that same cash towards gold. dont regret cuz it was brutal tryin to move some of it. though i did buy 3 1/4 oz eagles at 660 so only guy with real good deals on them but wanted 2700 for a maple. couldnt justify it. this 10th proof i was tryin to use as trade was a bust. didnt even move it. i had 11.5 but found out one of them was a fake. freakin clad.
Last gold I bought was some 1/4 oz. Maples and Britannias in Sept. and Oct. 2023... for $480 and $495 each.
Yeah I got some that time too. Going off today's metrics. As long as gold is breaking even in a short jump it's good. I've had my first ,,3 oz back in 22 and all of its payed off so far. Even my silver. Around 23$ on dollar cost thx to the silver I sold off/traded.
I'm very happy to see the increase, for the sake of what's already in the stack, but hopeful for a decrease for the sake of building the stack. Even $2,800 would be a doubling of price in a little over 4 years (since before the COVID shut down). Clearly that is not sustainable. All we seem to hear about is what will push it higher, but what could push it lower? Not because I want to lose value, but because I'd like to more affordably add to the stack. I feel like every huge run up like this, inevitably has a 30%-40% pull back. What will prevent that from happening?
I suspect that $3000 gold is a foregone conclusion in 2025. Where it goes from there I don't know but given the turmoil in the world I expect the answer to be up. Thanks!
🤜🤛
I know gold has been making all time highs, but silver is too undervalued not to buy it. I dont tell people what to buy anymore. Im burnt out telling people to buy gold and silver for 20 years and people to buy crypto when btc was 1000. Do what you want. Im buying silver and platinum.
For me it's pre33 and platinum going forward
You were doing really great until you mentioned the word "platinum"..
@@ejkalegal3145 Just a hunch? Or do you have facts?
@unaffiliated_x9279 lol yeah the price chart 😂
Platinum used to be worth more than gold, and the amount of platinum in the world will fit into a garage. 7m cubed, that's 7m x 7m x 7m. It is a metal that is used for purification of everything like air and water. Not a hunch. I just want some.
Gold will always be gold, paper will always be paper and nations that rise will fall too.