I laughed at the Professor from Duke University shilling for ETFs and saying that holding physical gold is "risky" and that gold itself is "unreliable." And, by the way, Costco is selling gold to individual people, not to "institutional investors."
I laughed to. That guys an idiot. I’ve been stacking for years. They would play it down. Nothing to see here. The economy is fine what’s happening. 🤣🤣🤦🏻♀️ we’re not dumb we know what’s happening
Meh Buying gold at Costco or my bank is a ZERO complication and en par with buying a bag of chips or a watch out of display case. Storing something that is 31.1g is not complex. I'd expect most car keys are heavier and access an asset worth far more than a bar of gold.
correct .. he is the prototypical version of "Book smarts no streets smarts..".. Giving your Physical gold for a piece of paper IS HOW WE GOT THE DOLLAR...LOL..
It's not that gold is going up in value...it's because the dollar is losing value. Inflation is actually the expantion of the money supply, yet the FED is not currently printing money. The national debt is cuerrently at $35T dollars, but there is only $21T dollars in circulation on this planet at the moment. So how can the debt be paid back with interest?
not only that the fed held down interest rates at a record low for a record amount of time. Everyone was buying on low interest rates and the more money in the system is what causes inflation.
This the comment I was looking for. This guy issa no show. 2 of the world powers already not using their 💩 usd! China and Russia.! They are some of the real buyers of gold. Hence why the price has been raising immensely. They are now using it for trading. And when everyone else realizes it’s better, they starta do the same. Next thing u know. America inna financial crisis. 😂 Mhen, I can’t wait to see what they bouta pull off to save their 🍑s. 😂 Brace y’all selves tho
He said it’s complicated and risky to buy gold haha These people don’t want you to own physical gold because they can’t make money off you. When you hold your Real money you have complete control over your wealth no counter party risk.
That's the truth. And read the comments -- everyone here sees through the professor's sham! By the way, it is no more "complicated" or "risky" to buy gold than to buy a computer or a cell phone. Just go to Costco (in person or online) or look up any of the big online dealers. Join the online silver and gold stacker community and learn all about it.
This dude is so full of it that I bet he's taking his money for guesting today and putting it straight into bullion. Gold is volatile my behind, chart the price from 1972 until today on the screen misleading troll.
No one should go to Duke university. Gold is the safest asset for 5000 years. It is the only true measure of currency and purchasing power. Also, every spike in gold price is during major crisis around the world.
I'm 49 and earn about £2M ($2.5M) per year and save about 30% in HYSA's. I've been reading a lot of articles mentioning how w0rthless 'cash savings' are in this current unstable economy. D0 you suggest I invst in real estate, stocks or Gold?
A consistent 5% return from the bank and US securities sounds better to me than worrying about losing your money if the stock market falls. Also consider financial advisory with the size of your budget.
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
She goes by ‘’lana rae st john” I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
@@A-krandy Thank you for sharing, I must say, lana rae st john appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call
Gold is valuable and has been for some 6,000 years. Of course financial managers want you to buy stocks and bonds, so that they can take a bite out of the middle. Gold has never crashed in price over 6,000 years. I can confidently say that gold will be valuable in 100 years from now. Can I say the same for Apple stock in 100 years? Now you see how scary institutional investments really are in the long run. If you are investing $millions in the gold market then it does make sense to buy gold futures in the short term. The average man should save as much physical gold that you feel comfortable in physically keeping.
What are the best additions to a $500k portfolio to boost performance?, ETH is Up and will do better, I believe as indicators for profits continue to improve. investors like me believe that “Santa has come early” to the markets.
I think you're better off with majority investment in bitcoin and uprising equities cos they always outperform. Alternatively speaking to a certified market strategist can help with pointers on which to acquire
wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment advisr please, if you don’t mind me asking? in dire need of asset allocation.
Have you ever tried working the lands and the crops , no maybe 100 years ago but today we are the silly slopper worried how to make a coffee , gold still holds best and some tomato, cucumber in the garden will do it
as well as gas, oil and all utilities, plus food, housing and basically everything all reaching new record highs thanks to the US Government for printing up more and more US dollars which in turn also causes them to be worth less and less / AKA rapid inflation.
These funds are a complete racket! Because if there's ever such a crisis to where you need actual gold to purchase things. Since 1971 it's been against the law to use gold or silver as money in the U.S. Thus, it will be illegal to complete the trade of the money that was sent to them for the gold that they claim to be holding.
@randyb9337 You can, because at least you receive it instantly, and it's logged on the blockchain. But what's the gold fund the contract is not completed until you actually get the gold. So the chance of defaulting is great. ETF may not resell at all well at least you got it
@@marvelousmarvin4th -- The online gold and silver bullion dealers, including Costco, simply send you the physical gold and silver with a tracking number. Why would they default? -- it's a daily business for them. Would you buy an ETF of clothing or food, or a car, phone, or pet dog? No, you want the physical clothing, food, car, phone, or dog. Pretty simple.
@@marvelousmarvin4th If you need actual gold to purchase things then there is basically chaos on the streets. How can you defend yourself with millions of people attachking your house?
@@A_D624 if we have another Financial collapse or depression any major Interruption that the people will not bail out the banks on. Now about a million people attacking your home I have no idea what you're talking about
If that's what he said it's waaaayyyy off. You mean people trust the dollar because it's backed by gold. But that has not been the case since 1971. Since then the dollar has been backed by " the good faith of the United States." And that there is the problem in a nut shell. That's why the dollar cannot remain strong because it is actually backed by nothing.
Looking at the direction of travel, I agree. The Main stream is not talking about this yet … I set PM at around 3% of my portfolio 4 years ago.. PM has now gone to 6 % ! The PM safety foundation is kicking in big time
Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
Michael Terpin is highly qualified and experienced in the fin-market. He has extensive knowledge of portfolio diversity and also considered as a valuable resource for anyone looking to navigate the fin-market.
The value of gold is not changing. The value of the dollar is dropping. You can't print $8 trillion of fiat money in 3 years and not have repercussions. People are exchanging their monopoly money for Physical gold.
Unless you actually own a physical bar of gold in your safe, or home...you don't really own gold...buying an etf is just buying a share/piece of a company that has gold...those are very different things. That's why this professor, is confusing gold etf and actual gold...actual gold isn't as volatile as the stock market...actual gold's price has and will always be driven by supply & demand.
That professor must be an advisor to JT 🤡 in 2916, to sell all Canadian gold reserves. Canada is only G7 country without gold reserves. This professor has no clue about gold 🤪
Buying at all time highs is a bad idea? Yeah, probably, if you consider historic ATHs retrospectively, which is a stupid thing to do. If I buy gold now at the current ATH of 2390 USD, it might not be an historical ATH someone would ever consider in retrospective. It might make new ATHs over the course of several months and end up at 3000 USD before it drops. In that case nobody would ever look back at 2390 and say „You bought at an ATH“. This guy has nothing intelligent to say about gold, let alone about who buys it and who possibly owns it, when you buy an ETF. This person is ridiculous.
forget crypto - remember star wars - Republic credits - republic credits are no good out here -- I need something more real -- try physical gold and silver - just look at Costco's gold sale but who's counting. 👀
@@fnanderss Most aren’t rich enough to be playing with shorts,margins ect and only who brought in before the hype is making money the others entering the hype are going to be left hanging the bags unless they don’t exit at the right time.
And besides, start investing in wheat, start investing in corn, the price is really going up, there are no material conditions in agriculture, start raising its price, there is nothing to do, there is no land
One of the reasons that the oil refiners continue to rule and don't go bankrupt is that there is a large amount of foreign gas in the world, that's why they closed the Nussin pipeline.
When Crude oil prices rise nobody feels happy but when gold prices rise every body feels happy and gives it immotional support that somthing is going into good direction, When an Useful article show price rise every one feel sad but when a useless, unnecessary item for life like gold jumps high in the sky every one feels a dopamine or seratonine level rise 😂 find reality of gold plz don't give overimpotance to gold, you can play price game with chocklet also 😊
The market conditions that are driving the gold rally are an indication that our unsustainable monetary policy has reached a breaking point. This will get worse before it gets better.
It is easy to buy Physical gold online and store in private vaulting not in the banking system, There is a growing understanding ETF's are not backed by the Physical metal, only worthless paper contracts, it is merely a mechanism used to suppress the real physical spot metal price.
Professor Harvey should also mention that the regime of sanctions imposed by the the US government and the confiscation of Russian financial assets is driving people into an alternative asset that has no counter party risk - GOLD. Other experts know that debt based economies will eventually be forced into lower interest rates despite inflation with QE monetary policies aimed at maintaining the future level of economic activity. These policies will push the price of gold up and lower the relative value of the US dollar. - - More inflation and explosively higher gold prices would result from a looser monetary policy in an economy riddled with a high national debt and large budget deficits.!!
because people had enough of the constant digital printing of the dollars? all the drama abt not able to pay this and that institution etc, then go on to supply weapons or monetary support for domestic and international event... then move on to "print" n with no gold pegged, whole world have to see another jump of inflation etc? Come on.. once ok.. twice ok... u want to try more n more? Are you serious?
How can you say that with rates likely to drop, why would hard assets rise? That is so fundamentally stupid. The absolutely worse thing you can do in a high inflation environment is cut rates. Get ready for a colonoscopy.
A quick google search can tell you gold prices rise towards the end of a president's term. Doesn't matter the party. I guess ppl start to remember how awful politicians are at the end, panic then buy gold.
Hell yeah, dont keep gold at home, give us your money and your gold and we'll look out for you until we get lost somewhere they don't have an extradition agreement.
I laughed at the Professor from Duke University shilling for ETFs and saying that holding physical gold is "risky" and that gold itself is "unreliable." And, by the way, Costco is selling gold to individual people, not to "institutional investors."
I expect this from liberal CBS that's why I don't believe half what they pitch
I laughed to. That guys an idiot. I’ve been stacking for years. They would play it down. Nothing to see here. The economy is fine what’s happening. 🤣🤣🤦🏻♀️ we’re not dumb we know what’s happening
You don’t hold it you don’t own it!!!
Meh
Buying gold at Costco or my bank is a ZERO complication and en par with buying a bag of chips or a watch out of display case. Storing something that is 31.1g is not complex. I'd expect most car keys are heavier and access an asset worth far more than a bar of gold.
He's either a poor econ. Professor, or another Government Hand Puppet.
Gold is saying trouble is ahead
Facts I seen a cash for gold truck driving around im like yea it’s about get ugly
@ev.h.3455You sound like somebody without any real friends.
@ev.h.3455that’s bang out of order mate
Trump is saying the same thing
you better believe it.. it the crypto nonsense.. everyone is preparing for that crypto crash..
You don’t own it you don’t hold it. This guy is a paper pusher
🎯 exactly.!!!!!!!
On point 💯.. always having physical metal is the only way you own it.
correct .. he is the prototypical version of "Book smarts no streets smarts.."..
Giving your Physical gold for a piece of paper IS HOW WE GOT THE DOLLAR...LOL..
This is bad news. Precious metals go up when the economy goes down. Brace for impact.
It's not that gold is going up in value...it's because the dollar is losing value. Inflation is actually the expantion of the money supply, yet the FED is not currently printing money. The national debt is cuerrently at $35T dollars, but there is only $21T dollars in circulation on this planet at the moment. So how can the debt be paid back with interest?
collision
Inflation will get lower? Pure lies
Maybe because the dollar is losing value from all the money printing? 😅
Exactly, but I just couldn't wait to hear the lame stream reason.
bingo!!
100%!
not only that the fed held down interest rates at a record low for a record amount of time. Everyone was buying on low interest rates and the more money in the system is what causes inflation.
The money printing merry go round broke down.
Central banks and billionaires are buying
me too
Yep!
@@bexhill8777 Me to.
Buy Gold & Silver(both going up)
Ditch the Dollars(dying by the day)
@@pessi6185 Dumb idea. that the store you buy food from will only accept the Dollar. Nothing is dying. Maybe your brain?
If you dont hold it you dont own it.
He never mentioned that the Fiat Funny Money is dying and the whole world wants off it
This the comment I was looking for.
This guy issa no show.
2 of the world powers already not using their 💩 usd!
China and Russia.!
They are some of the real buyers of gold.
Hence why the price has been raising immensely. They are now using it for trading.
And when everyone else realizes it’s better, they starta do the same.
Next thing u know. America inna financial crisis. 😂
Mhen, I can’t wait to see what they bouta pull off to save their 🍑s. 😂
Brace y’all selves tho
He said it’s complicated and risky to buy gold haha These people don’t want you to own physical gold because they can’t make money off you. When you hold your Real money you have complete control over your wealth no counter party risk.
That's the truth. And read the comments -- everyone here sees through the professor's sham! By the way, it is no more "complicated" or "risky" to buy gold than to buy a computer or a cell phone. Just go to Costco (in person or online) or look up any of the big online dealers. Join the online silver and gold stacker community and learn all about it.
On point 💯.. better have physical metal than paper.
What they always fail to mention is: "You hold it, YOU own it". Can you hold an ETF? Can you trade an ETF for food at a supermarket? NO!
Can you imagine holding a stash of gold with you in a crisis? How can you defend yourself in a lawless situation?
@@A_D624 With an AR-15 and a Colt 45...that's how.
they hold it for you just like Bankman-Fried
Silver next
If you don’t HOLD IT your DONT OWN IT.
Paper currency has a perfect track record- it has failed 100% of the time.
Not this time, they will move it to digital currency and your account can be shut down if you misbehave. It happened here in Canada.
This dude is so full of it that I bet he's taking his money for guesting today and putting it straight into bullion. Gold is volatile my behind, chart the price from 1972 until today on the screen misleading troll.
when i was born, gold was 35, now it's 2400. it's not a "spectcular investment" like navidia.
Precious metals are the best safety net you can have. Gold is king 🤴👑
Nothing equal having gold on hand, having gold with someone else no, bad idea.
No one should go to Duke university. Gold is the safest asset for 5000 years. It is the only true measure of currency and purchasing power. Also, every spike in gold price is during major crisis around the world.
Institutions buying gold… huh maybe they know something that we do know 🤷♂️
How come? I was told that gold is an archaic thing of the past and that I should instead give my money to those croo… I mean fund managers instead!
exactly
I gave my friend 1 Troy ounce of silver, because his name is Troy.
that’s wonderful
😂😂😂
You don't hold it, you dont own it. Buy physical, not ETFS
It's because the dollar is dying. Everybody getting rid of their rotten dollars 🎉🎉🎉
If you do not hold it, you do not own it.
I'm 49 and earn about £2M ($2.5M) per year and save about 30% in HYSA's. I've been reading a lot of articles mentioning how w0rthless 'cash savings' are in this current unstable economy. D0 you suggest I invst in real estate, stocks or Gold?
A consistent 5% return from the bank and US securities sounds better to me than worrying about losing your money if the stock market falls. Also consider financial advisory with the size of your budget.
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
@@A-krandy Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
She goes by ‘’lana rae st john” I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
@@A-krandy Thank you for sharing, I must say, lana rae st john appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call
Gold is valuable and has been for some 6,000 years. Of course financial managers want you to buy stocks and bonds, so that they can take a bite out of the middle. Gold has never crashed in price over 6,000 years. I can confidently say that gold will be valuable in 100 years from now. Can I say the same for Apple stock in 100 years? Now you see how scary institutional investments really are in the long run. If you are investing $millions in the gold market then it does make sense to buy gold futures in the short term. The average man should save as much physical gold that you feel comfortable in physically keeping.
This video is fairly misleading. Most 'Gold ETFs' do not really invest your funds in physical gold, but buy derivatives instead.
If you don’t hold it you don’t own it
"If you don't hold it, you don't own it."
ETF paper silver. Over 400 people are claiming they own same once of silver. If you don’t have it you don’t own it.
Sorry dude If you do not hold it, you do not own it ! PERIOD
peter schiff tried to tell you guys.!!!!!!!!!
20 yrs later
I don't know anything about this but it is fun watching people talk about riches & gold 😌☺️🤗
A hedge against inflation. It has gain, and held value over the past 30 years. Don't forget that
What are the best additions to a $500k portfolio to boost performance?, ETH is Up and will do better, I believe as indicators for profits continue to improve. investors like me believe that “Santa has come early” to the markets.
I think you're better off with majority investment in bitcoin and uprising equities cos they always outperform. Alternatively speaking to a certified market strategist can help with pointers on which to acquire
wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment advisr please, if you don’t mind me asking? in dire need of asset allocation.
ashley airagahi is the licensed advisor I use. Just research the name. You'd find necessary details to work with to set up an appointment.
Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals.
Ok, we know your rich.
The problem with gold is is there's no way to just sell it if you're walking around carrying it without going into a pawnshop or jewelry store
Local coin shop is best. They have the lowest dealer cut.
Think bullion coins…
Because GOLD saves the World.
The best investment in the entire world is land with its own freshwater source.
Yep, I recall Gene Autry once saying: " Buy land, cus' they ain't making no more of it"
except it is taxed
Have you ever tried working the lands and the crops , no maybe 100 years ago but today we are the silly slopper worried how to make a coffee , gold still holds best and some tomato, cucumber in the garden will do it
Billionaires are buying up the fresh water lakes
U can't eat gold do you?? U need potatoes@@mariannybejarano5340
We're not in a recession? 😂
You don’t hold it you don’t own it.
as well as gas, oil and all utilities, plus food, housing and basically everything all reaching new record highs thanks to the US Government for printing up more and more US dollars which in turn also causes them to be worth less and less / AKA rapid inflation.
10% to buy....10% to sell.....keep that in mind folk......its a big scam
Yes, its a big scam... in 1975 gold was $35/ounce.
Today, in 2024 it is $2500/ounce.
Seems like keeping your fiat is the real scam
These funds are a complete racket! Because if there's ever such a crisis to where you need actual gold to purchase things. Since 1971 it's been against the law to use gold or silver as money in the U.S. Thus, it will be illegal to complete the trade of the money that was sent to them for the gold that they claim to be holding.
Your correct. This clown also conveniently forgets to mention that gold runs NO COUNTER PARTY RISK. Can you say that about an ETF? Nope!!
@randyb9337 You can, because at least you receive it instantly, and it's logged on the blockchain. But what's the gold fund the contract is not completed until you actually get the gold. So the chance of defaulting is great. ETF may not resell at all well at least you got it
@@marvelousmarvin4th -- The online gold and silver bullion dealers, including Costco, simply send you the physical gold and silver with a tracking number. Why would they default? -- it's a daily business for them. Would you buy an ETF of clothing or food, or a car, phone, or pet dog? No, you want the physical clothing, food, car, phone, or dog. Pretty simple.
@@marvelousmarvin4th If you need actual gold to purchase things then there is basically chaos on the streets. How can you defend yourself with millions of people attachking your house?
@@A_D624 if we have another Financial collapse or depression any major Interruption that the people will not bail out the banks on. Now about a million people attacking your home I have no idea what you're talking about
Inflation is going back up. Better grab some gold
And yet the Central Banks are buying gold 🤔
You can't print gold. And real gold is yours only when it's in your hands. ETFs and paper gold are not real gold.
Maybe Kiyosaki was right about gold.
People valued gold because it backed the US dollar. This is an ignorant report.
If that's what he said it's waaaayyyy off. You mean people trust the dollar because it's backed by gold. But that has not been the case since 1971. Since then the dollar has been backed by " the good faith of the United States." And that there is the problem in a nut shell. That's why the dollar cannot remain strong because it is actually backed by nothing.
Gold will end the year around $3200
Looking at the direction of travel, I agree. The Main stream is not talking about this yet …
I set PM at around 3% of my portfolio 4 years ago.. PM has now gone to 6 % !
The PM safety foundation is kicking in big time
No, it won't!
@@LXT43Are you Gordon Brown? 😂
Nobody believes in US dollars anymore😅
Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
Michael Terpin is highly qualified and experienced in the fin-market. He has extensive knowledge of portfolio diversity and also considered as a valuable resource for anyone looking to navigate the fin-market.
The value of gold is not changing. The value of the dollar is dropping. You can't print $8 trillion of fiat money in 3 years and not have repercussions. People are exchanging their monopoly money for Physical gold.
Teacher! go back to school… 😂
Unless you actually own a physical bar of gold in your safe, or home...you don't really own gold...buying an etf is just buying a share/piece of a company that has gold...those are very different things.
That's why this professor, is confusing gold etf and actual gold...actual gold isn't as volatile as the stock market...actual gold's price has and will always be driven by supply & demand.
US warmonger$$$$$ causing gold to go up
If one has to ask why...then you are really behind the curve.
It's baffling!!! Just like young sports professionals all dying suddenly
Bottom line. I am not IN for 10 years. I am in for NOW. Momentum trade of the Century.
getting real information from CBS is not possible
In times of uncertainty, gold is always certain
That professor must be an advisor to JT 🤡 in 2916, to sell all Canadian gold reserves. Canada is only G7 country without gold reserves.
This professor has no clue about gold 🤪
Inflation, massive national debt, out of control spending.
This guy must not see the gold chart for the last 5 years as it has been going up.
I Switched Off,, That "Expert" Is Only An Expert.....
Buying at all time highs is a bad idea? Yeah, probably, if you consider historic ATHs retrospectively, which is a stupid thing to do. If I buy gold now at the current ATH of 2390 USD, it might not be an historical ATH someone would ever consider in retrospective. It might make new ATHs over the course of several months and end up at 3000 USD before it drops. In that case nobody would ever look back at 2390 and say „You bought at an ATH“. This guy has nothing intelligent to say about gold, let alone about who buys it and who possibly owns it, when you buy an ETF. This person is ridiculous.
just bought 1oz and it was very easy :)
Never said anything about the money we give away that’s always gonna make the gold go up…
Good luck tried turning papers golds in to physical golds that you can hold in your hands.
forget crypto - remember star wars - Republic credits - republic credits are no good out here -- I need something more real -- try physical gold and silver - just look at Costco's gold sale but who's counting. 👀
Paper means nothing when it comes down to physical wealth. All paper can be considered/is FIAT money.
This professor isn’t a fan of gold but to compare it to NVIDIA? . Name me a stock that has beat NVIDIA gains? Odd comparison.
the only comparison that made him look good. gold by the way is much less risky
Nvidia is going to end up like cisco
@@santostv.Whoever times the short successfuly will become very wealthy.
@@fnanderss Most aren’t rich enough to be playing with shorts,margins ect and only who brought in before the hype is making money the others entering the hype are going to be left hanging the bags unless they don’t exit at the right time.
And besides, start investing in wheat, start investing in corn, the price is really going up, there are no material conditions in agriculture, start raising its price, there is nothing to do, there is no land
It was lagging, but in an engineered way. It was accumulated ahead of inflation going higher. Watch, now they will allow inflation to go higher.
One of the reasons that the oil refiners continue to rule and don't go bankrupt is that there is a large amount of foreign gas in the world, that's why they closed the Nussin pipeline.
Who controls the price on gold government just like your 401k ,🤔🤔🤔🤔
Gold's price increase indicates a weak dollar and economy .
When Crude oil prices rise nobody feels happy but when gold prices rise every body feels happy and gives it immotional support that somthing is going into good direction, When an Useful article show price rise every one feel sad but when a useless, unnecessary item for life like gold jumps high in the sky every one feels a dopamine or seratonine level rise 😂 find reality of gold plz don't give overimpotance to gold, you can play price game with chocklet also 😊
No word on Silver, Diamonds, Crude or stay sharp knives?
BS. Not institutional investors….central banks….check out world gold council gold purchases….another amateur
The market conditions that are driving the gold rally are an indication that our unsustainable monetary policy has reached a breaking point. This will get worse before it gets better.
Every 0.0001 ounce should be valued at $1 registered cryptographically
It is easy to buy Physical gold online and store in private vaulting not in the banking system, There is a growing understanding ETF's are not backed by the Physical metal, only worthless paper contracts, it is merely a mechanism used to suppress the real physical spot metal price.
SHELDON COOPER !!????
Professor Harvey should also mention that the regime of sanctions imposed by the the US government and the confiscation of Russian financial assets is driving people into an alternative asset that has no counter party risk - GOLD.
Other experts know that debt based economies will eventually be forced into lower interest rates despite inflation with QE monetary policies aimed at maintaining the future level of economic activity. These policies will push the price of gold up and lower the relative value of the US dollar. - - More inflation and explosively higher gold prices would result from a looser monetary policy in an economy riddled with a high national debt and large budget deficits.!!
😂 i side with the preppers on this one
Gold is not going up, the Dollivar is going down 📉
Silver and platinum with a touch of gold
Funny how Gold can outperform the SP500 for 25 years but this guy thinks its unreliable.
In one year I would turn America around
because people had enough of the constant digital printing of the dollars? all the drama abt not able to pay this and that institution etc, then go on to supply weapons or monetary support for domestic and international event... then move on to "print" n with no gold pegged, whole world have to see another jump of inflation etc? Come on.. once ok.. twice ok... u want to try more n more? Are you serious?
ETF CANNOT CREATE CREDIT BRO ONLY SELL BRO
Its so complicated to buy gold first you go to costco.......
HE IS NOT TELLING THE TRUTH AT THE END I SAY BUY GOLD NOW NOW NOW NOW!!!!!!!
Brics
Yep.
How can you say that with rates likely to drop, why would hard assets rise? That is so fundamentally stupid. The absolutely worse thing you can do in a high inflation environment is cut rates. Get ready for a colonoscopy.
Hey Professor... if you don't hold it, you don't own it.
I'm buying gold I can hold in my hands...
Why gold is so expensive think about poor people
A quick google search can tell you gold prices rise towards the end of a president's term. Doesn't matter the party. I guess ppl start to remember how awful politicians are at the end, panic then buy gold.
Hell yeah, dont keep gold at home, give us your money and your gold and we'll look out for you until we get lost somewhere they don't have an extradition agreement.