Why Gold's Surge Won't Stop at $2,000

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  • Опубликовано: 4 ноя 2024

Комментарии • 66

  • @joem.7621
    @joem.7621 9 месяцев назад +5

    Why has NEM been losing money then at the high gold price if it's so undervalued? This doesn't seem to make sense to me.

    • @BloorStreetCapital
      @BloorStreetCapital 9 месяцев назад +1

      It's Jimmy Connor from @BloorStreetCapital, thanks for the comment/question and for taking the time to view our content! Newmont's price action is crazy but I think it has to do with the acquisition of Newcrest. The market is still digesting it.

  • @Marcus1954s
    @Marcus1954s 9 месяцев назад +4

    When a video is listed so far in advance of availability it quickly/automatically falls down the list of subscribed videos to watch and then out of viewable screen/ my mind. I suggest you limit advance notice to a few hours.

    • @Wealthion
      @Wealthion  9 месяцев назад

      Thank you for the feedback, Marcus. This is helpful.

  • @dave8212
    @dave8212 9 месяцев назад +1

    Excellent guest! - thanks 👍🏻💛

    • @BloorStreetCapital
      @BloorStreetCapital 9 месяцев назад

      It's Jimmy Connor from @BloorStreetCapital, thanks for the comment Dave and for taking the time to view our content! We will have John back later in the quarter.

  • @JONINOTORUS
    @JONINOTORUS 9 месяцев назад +2

    Valuable insights. Great guess and interviewer.

    • @BloorStreetCapital
      @BloorStreetCapital 9 месяцев назад

      It's Jimmy Connor from @BloorStreetCapital, thanks for the comment and for taking the time to view our content!

  • @afterdark6822
    @afterdark6822 9 месяцев назад +5

    Holding gold back in 2006 was great.

    • @BloorStreetCapital
      @BloorStreetCapital 9 месяцев назад +3

      It's Jimmy Connor from @BloorStreetCapital, thanks for the comment and for taking the time to view our content! I wish I bought gold in 2006!

    • @geedoubleu641
      @geedoubleu641 9 месяцев назад +1

      @BloorStreetCapital In 08, I finally convinced my then-girlfriend to buy gold. She got 50 oz at $800. Soon after, gold traded to 700 and she was pissed. For a while.

  • @JL-OnwardandUpward
    @JL-OnwardandUpward 9 месяцев назад +2

    I love buying gold, of course it's not comparable to the gains in the stock market. As they say, it is a preservation of wealth. Not many people are in a financial position to stack gold.

    • @BloorStreetCapital
      @BloorStreetCapital 9 месяцев назад

      It's Jimmy Connor from @BloorStreetCapital, thanks for the comment/question and for taking the time to view our content! Nothing better then gold in the hand!

  • @donmarek7001
    @donmarek7001 9 месяцев назад +2

    I lost some money with some of the miners over the last decade. WPM worked out pretty well and I wish I could have bought more a long time ago. I'm still waiting for that $3k gold and $300 silver.

    • @BloorStreetCapital
      @BloorStreetCapital 9 месяцев назад +2

      It's Jimmy Connor from @BloorStreetCapital, thanks for the comment Don and for taking the time to view our content! Cant go wrong with royalties. Check out the interview we did with Pierre Lassonde, founder of Franco Nevada.

    • @michaelbrown5311
      @michaelbrown5311 9 месяцев назад

      Yeh Im w ya but $300 silver will never happen, gold will hit $3k

  • @reineroesterle1408
    @reineroesterle1408 9 месяцев назад +4

    Gold will go up… but will have a bumpy ride on the way. I think it will come down some before…

  • @markphillips2648
    @markphillips2648 9 месяцев назад +2

    Why are “Gold Royalties” rarely ever spoken of? After all they are sort of the bankers to the gold miners! Also would like to get a peek into Cobre Panama, Quantive and Franco Nevada!!!!

    • @BloorStreetCapital
      @BloorStreetCapital 9 месяцев назад +2

      It's Jimmy Connor from @BloorStreetCapital, thanks for the comment/question Mark and for taking the time to view our content! We did interview Pierre Lassonde, the founder of Franco Nevada, last month. However, he did not speak of CP due to the ongoing situation.

  • @geedoubleu641
    @geedoubleu641 9 месяцев назад +3

    Gromen doesn't expect a recession for up to 9 months. Says Fed will supply liquidity to avoid.

    • @BloorStreetCapital
      @BloorStreetCapital 9 месяцев назад +2

      It's Jimmy Connor from @BloorStreetCapital, thanks for the comment and for taking the time to view our content! In an election year, it would not surprise me.

  • @francisravenscroft-dw6gi
    @francisravenscroft-dw6gi 9 месяцев назад +1

    The housing boom ( US and UK ) was funded by ' free money' When banks watch the property values on their books drop by 20 per cent, they will want the central banks to push up rates to pull in more private cash. I am in the UK- here the banks are offering gimmicks galore. None are offering a better rate on capital. Air b&B prices are falling- why ? Because the product is crap.

  • @TexasRiverRat31254
    @TexasRiverRat31254 9 месяцев назад +1

    Old guy's biggest problem is frost on the golf course but labor, unions in particular make too much money.

    • @BloorStreetCapital
      @BloorStreetCapital 9 месяцев назад +1

      It's Jimmy Connor from @BloorStreetCapital, thanks for the comment and for taking the time to view our content! In this double-digit inflationary environment most are not making enough. Wages have been lagging inflation for many years.

  • @tofubadguy
    @tofubadguy 9 месяцев назад +1

    $500 at Costco? That's cheap. I'm usually at $900 to $1000 now.

    • @BloorStreetCapital
      @BloorStreetCapital 9 месяцев назад +1

      It's Jimmy Connor from @BloorStreetCapital, thanks for the comment and for taking the time to view our content! It's crazy, right and I didn't buy proteins.

  • @MediaCreators
    @MediaCreators 9 месяцев назад +2

    Can you interview the CEO of Micro-Gold?

    • @BloorStreetCapital
      @BloorStreetCapital 9 месяцев назад +2

      It's Jimmy Connor from @BloorStreetCapital, thanks for the comment/question and for taking the time to view our content! I am not familiar with that company but will check it out.

  • @ronfesta771
    @ronfesta771 9 месяцев назад +1

    Me thinketh it's always interesting listening to a wise, grey haired old man that still reads........Big Fat Books!@?😉🙂

    • @BloorStreetCapital
      @BloorStreetCapital 9 месяцев назад +1

      It's Jimmy Connor from @BloorStreetCapital, thanks for the comment Ron and taking the time to view our content! Yes, reading is good but I tend to listen to podcasts now.

  • @HS-PGA
    @HS-PGA 9 месяцев назад +9

    The doomsday click who have vested interest in gold are always saying gold is going to $5000 . It hasn’t

    • @KISSfansince76
      @KISSfansince76 9 месяцев назад +2

      Silver is even worse!

    • @bdek68
      @bdek68 9 месяцев назад +2

      It’s outperformed SP over the last 25 years as he said? What’s your answer for that

    • @BloorStreetCapital
      @BloorStreetCapital 9 месяцев назад

      It's Jimmy Connor from @BloorStreetCapital, thanks for the comment and for taking the time to view our content! You're right there!

    • @TLNineSeven
      @TLNineSeven 9 месяцев назад

      ​@@bdek68 To be fair 25 year time frame is kind of cherry picking the data to fit the last big multi year parabolic run. Cut that time frame in half and it's basically done nothing at this point.
      That being said I like gold, and think it's never a bad idea to have some, more as a hedge to preserve what you have. It's very slow however, and I can understand how its opportunity cost is high as an investment you want a real return on more than a couple of times in a lifetime.

  • @buderman1
    @buderman1 9 месяцев назад +2

    I guess you haven’t been paying much to politics or current events but regardless I’m skeptical of the peaches and cream scenario. Let’s see what things look like a year from now after the elections and see how Europe and us fares against the far right

    • @BloorStreetCapital
      @BloorStreetCapital 9 месяцев назад

      It's Jimmy Connor from @BloorStreetCapital, thanks for the comment! Yes agreed, this year is shaping up to be very interesting.

  • @LittleOrla
    @LittleOrla 9 месяцев назад +3

    $500 at Costco? Perhaps you might consider curbing your consumption?

    • @BloorStreetCapital
      @BloorStreetCapital 9 месяцев назад +1

      It's Jimmy Connor from @BloorStreetCapital, thanks for the comment/question and for taking the time to view our content! Believe me we try but inflation is insane!

  • @gastUCR
    @gastUCR 9 месяцев назад +3

    ZzzzZz maybe by 2050

    • @BloorStreetCapital
      @BloorStreetCapital 9 месяцев назад

      It's Jimmy Connor from @BloorStreetCapital, thanks for the positive comment!

  • @MrFargo1001
    @MrFargo1001 9 месяцев назад +1

    Obviously! It reached $2000, no? Of course, it'll eventually reach $3000! Then 4, then 5, pick a number. Hell, I remember when Twinkies were a nickel. Don't you guys have anything else to talk about?

    • @BloorStreetCapital
      @BloorStreetCapital 9 месяцев назад +2

      It's Jimmy Connor from @BloorStreetCapital, thanks for the comment/question and for taking the time to view our content! I love Twinkies!

    • @MrFargo1001
      @MrFargo1001 9 месяцев назад

      And don't take me as harsh. I like your show.

  • @dallemj9444
    @dallemj9444 9 месяцев назад +3

    😂HAHAHAH GOLD IS A YELLOW PET ROCK I HAVE A BIG SHORT ON THIS TURD LETS SEE IT BURN THE EASIEST SHORT FOR ME IN THE LAST 3 YEARS ARE GOLD MINERS

    • @bdek68
      @bdek68 9 месяцев назад +1

      Good luck with that

    • @BloorStreetCapital
      @BloorStreetCapital 9 месяцев назад

      It's Jimmy Connor from @BloorStreetCapital, thanks for the comment! That's actually funny!

    • @cameronmurray8708
      @cameronmurray8708 8 месяцев назад +1

      Gold miners and gold are two different investments

    • @BloorStreetCapital
      @BloorStreetCapital 8 месяцев назад

      @@cameronmurray8708 Great point Cameron and I have to start making this distinction during interviews.

  • @albionicamerican8806
    @albionicamerican8806 9 месяцев назад

    So what? We're not going to see the return of using gold as money, considering that historically the gold standard worked just fine with mass poverty and starvation; it is probably incompatible with what we consider a "modern" standard of living. Ever read the depictions of destitution in 19th Century novels like _Les Miserables?_ Well, guess what: That's based on how hard real life was for most people back when they used gold and silver for money.

    • @Getloose360
      @Getloose360 9 месяцев назад +3

      So our fiat backed by air, that has lost nearly 98% of its value since 1913 is the clear option? The vast majority of Americans are struggling in this inflationary money 🖨️ environment. Gold is money.

  • @NYERIC14
    @NYERIC14 9 месяцев назад

    Gaza war winding down, gold will come down a few hunnit

  • @majesticf0x130
    @majesticf0x130 9 месяцев назад +4

    Gold to go to $300 more like it lol

    • @BloorStreetCapital
      @BloorStreetCapital 9 месяцев назад

      It's Jimmy Connor from @BloorStreetCapital, thanks for the comment and for taking the time to view our content! Check out our interview with Henrik Zeberg. He says $800.

  • @larsvongraff5794
    @larsvongraff5794 9 месяцев назад +4

    Wealthion showing how to narrow and lose a subscription base in 1 easy headline. Grandpa money going nowhere fast as it can. 😂

    • @Getloose360
      @Getloose360 9 месяцев назад +7

      "Grandpa" knows the difference between wealth vs speculation. Central banks worldwide are accumulating gold and silver, but hey enjoy the fiat.

    • @markphillips2648
      @markphillips2648 9 месяцев назад +1

      The grandpa disparaging comment is commical, when said grandpa speaks wise investors listen and more act!

    • @bdek68
      @bdek68 9 месяцев назад

      Get back on your parent basement and buy some meme stocks! Clueless

    • @BloorStreetCapital
      @BloorStreetCapital 9 месяцев назад +2

      It's Jimmy Connor from @BloorStreetCapital, thanks for the positive comment and for taking the time to view our content!