Gold could hit $3,000, Citi analyst says

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  • Опубликовано: 21 ноя 2024

Комментарии • 75

  • @Aarrenrhonda3
    @Aarrenrhonda3 5 месяцев назад +183

    My portfolio for the past 30 years has always been self managed and I own 3 shares of Berkshire Hathaway Class A stock (BRK:A) which I bought in at about $17,000 during the mid 90s, I’m currently liquidating some of these positions to incoporate new Gen. Stocks, but am I better off re-investing into Gold as it seems stocks are a little too unstable right now.

    • @Peterl4290
      @Peterl4290 5 месяцев назад +1

      Just buy Gold and protect your assets, the stock market is a rollercoaster.

    • @larrypaul-cw9nk
      @larrypaul-cw9nk 5 месяцев назад +1

      The market is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on ETFs and actively managed funds.

    • @sabastinenoah
      @sabastinenoah 5 месяцев назад +2

      I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

    • @sabastinenoah
      @sabastinenoah 5 месяцев назад +2

      I find this informative, curiously explored Vivian on the web, spotted her consulting page, and was able to schedule a call session with her, she shows quite a great deal of expertise from her resume.. very much appreciated

  • @ahmedalsharman
    @ahmedalsharman 7 месяцев назад +49

    Gold will end the year around $3200.

    • @jgnmtz
      @jgnmtz 7 месяцев назад +1

      I’m still in the ‘at $3k’ or just under by 2025 camp . But let’s go!! 🎉

    • @choongching
      @choongching 7 месяцев назад +2

      2.8 at best I reckon

    • @oggyoggy1299
      @oggyoggy1299 6 месяцев назад +1

      No

    • @nandiaconstantinou8181
      @nandiaconstantinou8181 5 месяцев назад +1

      😂

  • @jgnmtz
    @jgnmtz 6 месяцев назад +15

    An Ounce of gold should outpace 1 Bitcoin IMO. I own both , but gold is more globally solvent and sought after . Just my opinion

    • @dbased1915
      @dbased1915 6 месяцев назад +1

      Also top of it's S-curve.. Banks own it, governments own in. wealth funds hoard it. Bitcoin is more scarce, and the total supply is 100% known.
      Also what will future generations buy when they have money gold or digital gold aka bitcoin?

    • @nurburgringkid
      @nurburgringkid 2 месяца назад

      @@dbased1915 both will have their hodlers. But gold continue its multi year rally until 3.5k or max 5k within next 5 years

  • @sean27972
    @sean27972 3 месяца назад +4

    $3000 is a low estimate. The global economy is SCREWED

  • @usaokusa
    @usaokusa 7 месяцев назад +41

    $3000 then $5000 and finally will break $10,000 . It is just matter of times

    • @a.s.2426
      @a.s.2426 7 месяцев назад +7

      Meaningless statement. Investment returns are inherently linked to time. Do you mean 100 years or 1? Big difference.

    • @kennyh5083
      @kennyh5083 6 месяцев назад +1

      Problem is it is not following inflation at all or the crashing dollar! Everything now is about twice the price of what it was not long ago when Gold was just under $2k and so now it should be at least $4k to stay with inflation and the declining dollar! By the time it hits $10k you won't be able to buy a loaf of bread for that! My Grandfather escaped Germany and said a wheel barrow full of German Marks couldn't get you a loaf of bread at the local market! But a few lumps of coal was like gold!

    • @hugohabicht9957
      @hugohabicht9957 6 месяцев назад +1

      @@kennyh5083Yeah and there is even a Anekdote where someone had a wheel barrow full of money. Someone stole the wheel barrow and left the money behind 😂

    • @dbased1915
      @dbased1915 6 месяцев назад

      in what 20 years? I would bet by the time gold doubles the dollar will buy half as much.

    • @shawnkoon3732
      @shawnkoon3732 5 месяцев назад

      I suspect they will let gold rally to 5000$ on its own then revalue to 10-20k. The reason for the revalue is to attach a windfall tax from 5k to whatever price. They're not gonna miss the opportunity to miss that much taxing

  • @StephanieTroy-dp5gp
    @StephanieTroy-dp5gp 6 месяцев назад +6

    Gold appears like a wise investment, especially in light of the recent volatility in the market.

  • @enesaslan9790
    @enesaslan9790 2 месяца назад +2

    I pray for 10.000$
    🚀❤️

  • @steveciarico9824
    @steveciarico9824 6 месяцев назад +4

    Why is a private bank allowed to control our money. Can someone please explain that to me?

    • @toonflix3757
      @toonflix3757 6 месяцев назад

      gold is decentralized no one can own it. if ur holding physical gold but virtualy yes.

  • @jgnmtz
    @jgnmtz 7 месяцев назад +8

    Great video. Agree with this analyst completely. The Fed isn’t cutting rates . IMO, we will be lucky to get a .25 quarter percent cut in summer , if at all. Gold will be the sought after store of value for serious investors (if not GOLD etf’s /mining ) IMO. I’m no analyst , just an investor and serious consumer for the last 47 years . Gold’s price was suppressed IMO and is only now reflecting its true ‘global ‘ demand value . Meanwhile the fed printing machine continues to create $1 trillion new debt every 100 days. How the economy hasn’t collapsed is beyond me . Must be those rich elites whose ultra rich ancestors created the FED on that island in order to control economies, markets and their own wealth . Bizarre! The true value of printed money is zero! Not backed by anything. Unless you consider the lopsided taxing authority of the federal govt (they don’t tax the rich ) .

  • @superstar5123
    @superstar5123 7 месяцев назад +5

    gold and silver!

  • @ChadAndersen-qc4kf
    @ChadAndersen-qc4kf 6 месяцев назад +4

    Gold 🪙 and silver 🥈 gets more

  • @ChadAndersen-qc4kf
    @ChadAndersen-qc4kf 6 месяцев назад +3

    Poor man's gold is silver get some

  • @nandiaconstantinou8181
    @nandiaconstantinou8181 5 месяцев назад +2

    Gold price $3000 will be a normal price in 4.5 years and it’s simple maths. If this price is reached now, then there will be a correction.

  • @lepton31415
    @lepton31415 7 месяцев назад +7

    and if you want gold, buy silver

    • @ooigfgnnkhjjnc
      @ooigfgnnkhjjnc 7 месяцев назад +2

      Silver is garbage

    • @lepton31415
      @lepton31415 7 месяцев назад

      @@ooigfgnnkhjjnc oh interesting. the second most versatile commodity on the planet is garbage? someone should tell the folks in India. they keep buying tons of it. so much so that we're in a supply deficit for the 3rd year in a row. I wonder why so many people are buying garbage

    • @HRWU
      @HRWU 7 месяцев назад +1

      Oxidation: yeah I like this comment.

    • @mackm7781
      @mackm7781 6 месяцев назад

      @@ooigfgnnkhjjnc how? It's used in everthing

  • @EdED-gg6fr
    @EdED-gg6fr 7 месяцев назад +4

    $ 2500 first to focus on, June future based😌 And if it's gonna be a financial-..., and/or geopolitical, crisis it probably goes more up, and maybe to $ 3000...

  • @REALJABER
    @REALJABER 6 месяцев назад +7

    Not only 3k !!! Gold also will hit 100k , but the question is when ?

    • @romerome6968
      @romerome6968 6 месяцев назад +2

      It's gonna take time. Gold is a wealth grower with no dividend or cashflow. It's not a get quick Rich. It's made for people who have money to throw at it, and grow thier wealth. While paper money loses its value. Gold is king. Every decade they say its going to boom. And here we are speculating again. The gold market can cool down as well and start going lower for a few months .

    • @hugohabicht9957
      @hugohabicht9957 6 месяцев назад

      @@romerome6968Not a wealth grower but a wealth keeper. Hasn’t changed in 3000 years

  • @rajkc9209
    @rajkc9209 6 месяцев назад

    As hard as physical gold is becoming hard to find even 3000 is low and then compare with what else you can find for 3000 these days and that is when USD is supposed to be strong..

  • @a.s.2426
    @a.s.2426 7 месяцев назад +1

    Did this guy open up by discrediting himself saying he predicted $2K/ounce within 12 months of his 2019 prediction?

  • @crashtheimf
    @crashtheimf 4 месяца назад +1

    Forget 3k how about 4k and higher like 8k in less than a year

  • @hugohabicht9957
    @hugohabicht9957 6 месяцев назад +2

    It will sure hit 3000 but not Dollars 😂

  • @ELIOSANFELIU
    @ELIOSANFELIU 7 месяцев назад +6

    Gold GO UP:!..Market players are waiting 2 things.;;.1..The first is if there will be FED rate cuts or hikes??,,2 If we see centrals banks are buying a lot of gold right now and months ago -led by the Bank of China-to ease reliance on US$dollars ¡¡What happen's next?? I think that there will be not cut Fed rates this year¡¡So,gold will reach new all-time high record prices¡¡

  • @33Treez
    @33Treez 7 месяцев назад

    $EPIKO check the yearly trend!

  • @mokka.australia
    @mokka.australia 6 месяцев назад +1

    I have a feeling gold will "spike" unexpectedly (7am - 12pm aest) when everyone least expects sleeping or busy. It could happen anytime this month or August latest even break $3500 almost $4000. Just praying that happens. Though I noticed it normally goes down to wipe investor's accounts then pulls back when everyone is exhausted & unable to open orders 😅

  • @alanmiller8887
    @alanmiller8887 4 месяца назад

    What's the cheapest price, You ever paid for a 1 oz Krugerand ? How about $7. !

  • @kydo-cm5zb
    @kydo-cm5zb 5 месяцев назад +1

    Somehow the glasses make her less trustworthy to give advice. Strange

  • @francoissimmer5394
    @francoissimmer5394 7 месяцев назад +1

    vont manipuler a la baisse mais il y a une grosse pression acheteuse !!

  • @flyingsaucer1268
    @flyingsaucer1268 6 месяцев назад

    no Citi no......
    Gold will not skyrocket to $3000 per oz over the next few months. Sometime around december-2025 maybe,
    but not within a few months !!

  • @NikolaTravica
    @NikolaTravica 6 месяцев назад

    I dont think that gold will be impacted by howkhisnest of fed ... can just go higher in usd terms if fed is loose...cmon inflation is around 10%% on 16May2024 as i type...you know old and new system of value etc bla bla :) should explain for common ppl

  • @marknordgard1916
    @marknordgard1916 7 месяцев назад +2

    Soon 2000 dollar's again

  • @maihuong8223
    @maihuong8223 6 месяцев назад +1

    Mua nhẫn nhiều giờ rất khó, phải ghi giấy hẹn ! Kiểu này vàng sớm hết khi mọi kênh đầu tư đều rủi ro, gửi ngân hàng thì bất an lo sợ ,mất giá …..❤❤❤❤❤❤❤❤❤❤

  • @abramtaylor7575
    @abramtaylor7575 7 месяцев назад +4

    Buy Goldbacks. The best form of Gold money

  • @元福徐
    @元福徐 6 месяцев назад +1

    會到5000元!

  • @Andreourdad
    @Andreourdad 7 месяцев назад +2

    $100,000…. I wish

  • @Dwatcha
    @Dwatcha 2 месяца назад

    I need a partner to finance my idea : wanna start a store online, i have the idea and the talent to make this business succed

  • @john-ze7eu
    @john-ze7eu 7 месяцев назад +4

    Could retrace to $2,000 as well. When the idiots start buying... it's time to wait.

    • @TCh-rk7xt
      @TCh-rk7xt 7 месяцев назад +4

      Lol it will not go back down because of inflation

    • @ooigfgnnkhjjnc
      @ooigfgnnkhjjnc 7 месяцев назад +5

      Gold only goes up duh.

    • @erichood3169
      @erichood3169 7 месяцев назад

      Would take a long time for that. Have ti recover before that could happen. It's going to be years for that to possibly happen.

  • @NikolaTravica
    @NikolaTravica 6 месяцев назад +1

    not fucking seeling obn 3k ... im not stupid... and just physical

  • @NextElliott
    @NextElliott 6 месяцев назад

    Gold will continue its fall till the end of August 2024.. After the end of August 2024 till 1st week of November 2024 Gold price may rise little.. After that it will start falling again that will continue till June 2025.. I'm expecting 1830 to hit...

    • @marountawk732
      @marountawk732 5 месяцев назад +1

      The oracle has spoken

    • @bhaumikpatel4077
      @bhaumikpatel4077 Месяц назад

      @@NextElliott it’s at $2720 as of today!

    • @Blackett._
      @Blackett._ Месяц назад

      Interesting ......Very Interesting

  • @VPSSTRATEGY
    @VPSSTRATEGY 5 месяцев назад +1

    📍Gold ...W1📉∆📈 ...3014$...📍

  • @jobson586
    @jobson586 7 месяцев назад +4

    Gold was $50 in 1970 a huge nite out with birds cigars and turps
    $50 today is a sad nite watching the Box and brown bottle booze and zero skirt

    • @a.s.2426
      @a.s.2426 7 месяцев назад +1

      Over the long run Gold has merely kept up with inflation. So what is your point?

    • @ozyrob1
      @ozyrob1 6 месяцев назад +1

      @@a.s.2426 I think he's saying unless you put your money into hard commodities that increase reliably, inflation will erode it to near worthlessness.