The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
"In Gold we Trust" In FED, we do not Trust. It is time we got over the Inflation issue. A New Stage of this Bull market? Over the past 3-4 months I have tirelessly listened to all those who proclaim themselves as Experts in Gold and precious metals. Few of these people are actually informed. Most just copy and paste the information that the Media supplies. Ronnie, A New Playbook is happening. The many charts can no longer be relied upon to predict changes in the market.
That is because most of them have vested interest, be it shilling a book or their investment in PM dealers. They buy appearance time on channels like this in order to build hype amongst an audience hungry with confirmation bias.
But the FACTS ARE : Gold IS AT an all time historical high . Copper IS AT an all time historical high . SILVER is not at a historic high “ yet “ . But silver is starting to see a glimpse of a rise in dollar terms … I agree with both of you on people “ talking their book “ which irritates me sometimes as well - however I do believe that we are entering a commodities bull market , but that is my opinion .
@@rudeawakening3833 No,, gold has formed a double top now. That is a bearish chart formation. Not saying it wont go higher, but for now its a double top. Last double top the market pulled back for awhile.
Holy sacroiliac with the Crypto bots in the comments. Like flies in the Western Australian outback. And people want you to sell your physical silver to by those "coins?" Hilarious.
I don't put my faith in ETFs claims. I only want what I can hold. As far as gold is concerned, I don't have the millions or the billions needed to buy gold. I may be wrong, but I can thousands of dollars to buy silver, which I do believe in. I also feel strong about farmland, timberland, real estate, and other barterable hard assets.
The only thing that makes me question my country, america, is, they say we have so many tons of gold reasurves, yet, a country in africa, called and said we want our gold, that we were holding, and guess what, we had to give it to them, so i simply ask, how much of our resurves of gold, is actully ours??????
America has blinders on and is ignorant on national and international finance. The system is failing do to monetary policies that make no sense. To big to fail idiology. Yes idIOlogy!
Thank you for the content!! All we need is the right advice on how to invest in crypto and we will be set for life, I made over a million dollars from trading this year regardless of the market conditions😊
I wouldn't want to get paid in the Chinese yaun ,or in the rupee.And most definitely don't want to get paid in Russian Rubles. When people get paid in Russia and China, they convert it to gold our dollars. There is no other options.
It takes time for tradition and ingrained ways to change, but make no mistake things change. 35T in debt for the US and adding 1T every 100 days, printing money like water, then considering the way China builds trust in other non collective west countries, the have tiny debt, the best supply chains in the world, the best i frastructure in the world, the biggest consumer market in the world, the least corruption (least corporate dictatorship) who actually care for their people, super friendly, non aggressive country, building BRICS, mastered capitalism, why in the heck wouldn’t you want to own RMB? I’m doing quite the opposite of everyone else. I’m buying RMB. The $ is dead and people just don’t know it yet. You can bet you life Billionaires won’t be thinking and doing like the general populace. Good luck!
That’s what everyone in the commodities space is saying . I just recommend to people since gold hit all time highs , copper hit all time highs , get SILVER as it JUST went over the 50% marker of 1980 and 2011 highs !
Im actually researching astroid mining. 16 Psyche is being examed cuurently. The technology behind this undertaking is very diverse. It is more than launch a rocket an retrieve the material. Look at the principal behind land mining. Astroid mining is more substantial. Exploration, Discovery, Infrastructure development, Extracting material, Transportation, Processing, Construction of Vehicles and Equipment, Programming of Equipment this is just scratching yhe surface. This is just my point of view and im just a Military Veteran.
Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 2.1BTC to a decent 11B TC in the space of a few weeks... I'm especially grateful to Aaron Gavin whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..
Louis, Ronnie, and Brent forgot how easily Facebook almost made an entirely new stable coin based on and tethered to a basket of global currencies, the libra. This would have held all countries accountable who are showing disregard for the devaluation of their currencies and would have threatened the dollar's supremacy. Maybe this is why the US put the cabash on it, but who's to say some other country might do it?...
The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
Ronald Stöferle is always fun and pleasure. 👍👍
A very good interview, your guest is articulate and knowledgeable!
Gold is the only other tier one asset.
Gold should be the only tier one asset
With Bitcoin.....
@@jonnes__4657no
Life Insurance is also a Tier 1 asset. Guess who’s loaded with life insurance policies? Banks!
@@nadjadavidson411 probably as secure as the student loans the Fed holds... laughable
Excellent interview. Thanks Kitco
Great comment from Ronny Stöferle!
"In Gold we Trust" In FED, we do not Trust. It is time we got over the Inflation issue. A New Stage of this Bull market? Over the past 3-4 months I have tirelessly listened to all those who proclaim themselves as Experts in Gold and precious metals. Few of these people are actually informed. Most just copy and paste the information that the Media supplies. Ronnie, A New Playbook is happening. The many charts can no longer be relied upon to predict changes in the market.
That is because most of them have vested interest, be it shilling a book or their investment in PM dealers. They buy appearance time on channels like this in order to build hype amongst an audience hungry with confirmation bias.
But the FACTS ARE :
Gold IS AT an all time historical high .
Copper IS AT an all time historical high .
SILVER is not at a historic high
“ yet “ . But silver is starting to see a glimpse of a rise in dollar terms …
I agree with both of you on people
“ talking their book “ which irritates me sometimes as well - however I do believe that we are entering a commodities bull market , but that is my opinion .
Nickel and Titanium the next 👍👍
@@pierrever
Tin as well
@@rudeawakening3833
No,, gold has formed a double top now. That is a bearish chart formation. Not saying it wont go higher, but for now its a double top. Last double top the market pulled back for awhile.
Excellent interview of a thoughtful and informative guest!
Holy sacroiliac with the Crypto bots in the comments. Like flies in the Western Australian outback. And people want you to sell your physical silver to by those "coins?" Hilarious.
Great episode!!!
good interview. High quality guest!
Great interview. Very interesting insights into geopolitics and currency questions
I don't put my faith in ETFs claims. I only want what I can hold. As far as gold is concerned, I don't have the millions or the billions needed to buy gold. I may be wrong, but I can thousands of dollars to buy silver, which I do believe in. I also feel strong about farmland, timberland, real estate, and other barterable hard assets.
The Microsoft Windows analogy is much better than the milkshake analogy. 👍🏼👍🏼
I agree
Good host
The only thing that makes me question my country, america, is, they say we have so many tons of gold reasurves, yet, a country in africa, called and said we want our gold, that we were holding, and guess what, we had to give it to them, so i simply ask, how much of our resurves of gold, is actully ours??????
Silver to the moon
40 by 2025
Hopefully it takes off past that $40.00 awesome prediction before I die …
@@erichood3169 easily, 50 is even a possibility.
This makes the fifth time in 3 days i have heard completely unassociated people use the term, "The least dirty shirt..." line.
He watches along with the rest of us.! He picked up what he liked !
Yes, me too. Must be the new catch phrase.
@@Poppya2024 they're astroturfing it like a mfer.
This sort of thing happens all the time as echo chambers create parrots all copying each others' buzzwords
Peter Schifff and Michelle Makori have been touting that phrase since the pandemic …
silver should go pass $300 an ounce in the near future
What next 100 years maybe. It'll hit 40 by 2025 50 by 2026
Keep talking !
Love to see that ; and if the fourth year in a row deficit is
“ real “ , there is no reason why it can’t be a realistic prediction !
The moves of countries out of the $ will not be seen if it is done between countries outside of the Swift system.
platinum
Silver.
My gold un the bank safe is VERY GREEN..... nothing is moving, no energy demand. Copper is anti-green. ☝️
Ronnie
The us restaurants are closing many stores, why is that????
As far as the ocean goes, i believe what Captain Nemo said, "the oceans will be the future of farming for the new foods of the world ".
“We have inflation”
More like they are inflating.
I think people confuse the result of inflation for the cause.
Central Bankers ruining America
Miners are outperforming gold???
Yall been saying this since 2008
Pepenova token on base made a nice jump 🐸
why is this channel called news. there is no news here. just kitco
I love my dirty gold!
Anything Crypto is Dangerous for a number of reasons and if Gold goes too high the people won't be allowed to own it
👀🔱🔱🔱🔱💛 oil is best 0:37 in gold we trust!! post the link of that paper 0:47 magazine 0:47 👀
Slowest moving market.
Saffron is hard to take seriously. Too over the top.
That gold prediction by 2030 is low!
Gold will be history!
Um um ym ym
no papenova token on Base? as soon as the new coinbase wallet comes out it should blow? any opinions?
America has blinders on and is ignorant on national and international finance. The system is failing do to monetary policies that make no sense. To big to fail idiology. Yes idIOlogy!
Black rock silver and silver viper worth a investment have a look
He clearly doesn't understand operating system... but interesting guest nonetheless.
Buy ⚡ Bitcoin ⚡for Even More Freedom in your life🙏👊
How often has this guy ever said that gold is going down - and I don't mean in a correction.
AMS400K is less that $1 just like the 2013 bitcoin days... time to fill my bags.
I don't see gold as being the best , because people can't use it, like bitcoin and stocks
You gotta go balls deep in meme coins to make it.
No.
You might lose a ball or two with that mindset 😂
Thank you for the content!! All we need is the right advice on how to invest in crypto and we will be set for life, I made over a million dollars from trading this year regardless of the market conditions😊
I wouldn't want to get paid in the Chinese yaun ,or in the rupee.And most definitely don't want to get paid in Russian Rubles. When people get paid in Russia and China, they convert it to gold our dollars. There is no other options.
The problem is USA dollars is backed by the gun n the world has had enough
It takes time for tradition and ingrained ways to change, but make no mistake things change. 35T in debt for the US and adding 1T every 100 days, printing money like water, then considering the way China builds trust in other non collective west countries, the have tiny debt, the best supply chains in the world, the best i frastructure in the world, the biggest consumer market in the world, the least corruption (least corporate dictatorship) who actually care for their people, super friendly, non aggressive country, building BRICS, mastered capitalism, why in the heck wouldn’t you want to own RMB?
I’m doing quite the opposite of everyone else. I’m buying RMB. The $ is dead and people just don’t know it yet.
You can bet you life Billionaires won’t be thinking and doing like the general populace.
Good luck!
@@peterfischer5459interesting reply.
Finally no boring lady with an annoying accent
Lmao roasted.
Jeremy is a boring lady with a funny accent lol
Astroid mining ffs... ha ha ha ha ha
Gold Miners are barely beating gold this year.
This episode was so good. Thanks Jeremy!
Perfect statement. " the big players are preparing for something " ??
That’s what everyone in the commodities space is saying .
I just recommend to people since gold hit all time highs , copper hit all time highs , get SILVER as it JUST went over the 50% marker of 1980 and 2011 highs !
Agnico Eagle Mines Ltd 😀
Avino Silver & Gold Mines Ltd 😃
overvalued compared to Barrick and Newmont
And Alamos (AGI), top intermediate name.
@@rumcoke9123 🤣🤣🤣🤣
@@rumcoke9123 seriously, Barrick and Newmont are priced like Juniors right now. They are a screaming buy.
Im actually researching astroid mining. 16 Psyche is being examed cuurently. The technology behind this undertaking is very diverse. It is more than launch a rocket an retrieve the material. Look at the principal behind land mining. Astroid mining is more substantial. Exploration, Discovery, Infrastructure development, Extracting material, Transportation, Processing, Construction of Vehicles and Equipment, Programming of Equipment this is just scratching yhe surface. This is just my point of view and im just a Military Veteran.
Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 2.1BTC to a decent 11B TC in the space of a few weeks... I'm especially grateful to Aaron Gavin whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..
Louis, Ronnie, and Brent forgot how easily Facebook almost made an entirely new stable coin based on and tethered to a basket of global currencies, the libra. This would have held all countries accountable who are showing disregard for the devaluation of their currencies and would have threatened the dollar's supremacy. Maybe this is why the US put the cabash on it, but who's to say some other country might do it?...
BRICS counties met today in Russia....on a U.S. holiday. Will we hear some news soon?
One of the best and most comprehensive interviews I’ve heard on this topic ❤
3
Bitcoin ist the hardest money and not gold anymore ✌️
Bitcoin and gold, and you are safe..... 💪🤘
I’d get some silver as well tbh
SILVER ratio is 7 to 1 to GOLD plus YOU have SOLAR SILVER so thats really 3 to 1 for investment cuz 4 of the 7 oz is for SOLAR SILVER
You comment every silver video and they are all wrong