Thinking About Buying Gold? Watch This To Not Fall Into The "Trap"

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  • Опубликовано: 28 сен 2024

Комментарии • 561

  • @MinorityMindset
    @MinorityMindset  4 месяца назад +10

    Register for my free Stock Market Mastery workshop: briefs.co/smmworkshop
    WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS!
    There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through RUclips comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!

    • @rogerburn5132
      @rogerburn5132 4 месяца назад

      Gold. Is Money the Rest is credit - Fiat currency Printed paper - JP Morgan

    • @d33763
      @d33763 4 месяца назад +1

      The DOW was about 900 in 1970, pls fact check your numbers. It did not hit 5000 until 1995.

  • @MeColinYouWho
    @MeColinYouWho 4 месяца назад +155

    Only buy gold and silver on days that end in Y.

  • @calebhartley7192
    @calebhartley7192 4 месяца назад +163

    Don’t buy gold in 2024. Buy it everyday.

    • @bengraham5699
      @bengraham5699 4 месяца назад +4

      haha, true!

    • @PepeCoinMania
      @PepeCoinMania 4 месяца назад +2

      Never buy any gold it’s a horrible investment

    • @uguralpkosar
      @uguralpkosar 4 месяца назад +1

      @@PepeCoinMania it is a temporary hedge though

    • @Bullionexchanges
      @Bullionexchanges 4 месяца назад +2

      Best comment on here!

    • @wiszen5496
      @wiszen5496 3 месяца назад

      @@PepeCoinManiaexcept every hundred years when kondratieff his new „invention“ came into existence and always a new monetary system, too…. Check Gerhard Lechner for that

  • @DonatellaVersace44
    @DonatellaVersace44 3 месяца назад +161

    The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.

    • @fawnriverpuppyservices76
      @fawnriverpuppyservices76 3 месяца назад

      Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.

    • @BradPaisley56
      @BradPaisley56 3 месяца назад

      Keeping money in the bank is like paying banks and the Govemment. Here's how it works: The bank gives out your money as loan, and charge interest obviously higher than inflation rate, and then give you, the depositor, interest lower than inflation rate. That means net loss for you. That is why I prefer to invest, and on average, my advisor makes returns that always beats inflation!

    • @AdeleLaurie1
      @AdeleLaurie1 3 месяца назад

      To be honest, I've been wary of banks for a while, but I wasn't sure how to speak with an advisor first. Please let me know who your adviser is if it's okay; I need some recommendations.?

    • @BradPaisley56
      @BradPaisley56 3 месяца назад

      Melissa Jean Talingdan a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

    • @AdeleLaurie1
      @AdeleLaurie1 3 месяца назад

      Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

  • @catdaddy5192
    @catdaddy5192 4 месяца назад +138

    Your video convinced me of the opposite: yes, I am buying gold in 2024. Thanks!

    • @vincentyeo88
      @vincentyeo88 4 месяца назад +1

      You're paying for record breaking prices.

    • @SpookySpoon-xg3jt
      @SpookySpoon-xg3jt 4 месяца назад

      He’s a plant. Full of 💩

    • @d33763
      @d33763 4 месяца назад +6

      The Dow was 900 in 1970! Not 5000! Where does this dude get his numbers? And he teaches classes on stock trading?

    • @wiszen5496
      @wiszen5496 3 месяца назад +2

      @@vincentyeo88in all Assets Bro, the question is, which price is the right one… for that, check the gold to Dow ratio

    • @jamesdoe3713
      @jamesdoe3713 3 месяца назад +1

      @@vincentyeo88 todays highs are tomorrows lows. Gold is as solid as it gets.

  • @escobardee
    @escobardee 4 месяца назад +66

    Gold is king and always will be ! Never ever will go wrong with gold ! Tax fee and worldwide saleability. Physically gold is always better than any portfolio.

    • @markliberatore6377
      @markliberatore6377 4 месяца назад +9

      This guy says he's been buying gold for Years, then makes a video and says to not buy gold. Wtf

    • @buyystocks
      @buyystocks 4 месяца назад

      @@markliberatore6377 buy buy buy

    • @MegaeffinGarchomp17
      @MegaeffinGarchomp17 4 месяца назад +1

      Yea but if society collapses, you won't be able to eat gold...

    • @escobardee
      @escobardee 4 месяца назад +1

      @@MegaeffinGarchomp17 ok when is that happening???

    • @DevineAbyss
      @DevineAbyss 4 месяца назад +5

      @@MegaeffinGarchomp17 you won't be able to eat your house or a company that produces noodles either. Stupid logic.

  • @Christian-fx9ur
    @Christian-fx9ur 4 месяца назад +20

    If you believe we are headed for a prolonged period of economic stability, low inflation, lowering interest rates, low taxes, and muted global conflict, then definitely you should not buy gold. Does anyone seriously believe that is where we are headed?

  • @SilverTurtle65
    @SilverTurtle65 4 месяца назад +50

    Silver is the most undervalued metal. Gold and silver have been a great asset for thousands of years.

    • @Greencloud8
      @Greencloud8 4 месяца назад +4

      Silver is a anti bio tic

    • @ruruog2085
      @ruruog2085 4 месяца назад +2

      ​@@Greencloud8What does that mean???

    • @Greencloud8
      @Greencloud8 4 месяца назад

      @@ruruog2085 read it out loud

    • @jeffmiller9798
      @jeffmiller9798 4 месяца назад

      ​@@Greencloud8Yes, the World's Strongest too...

    • @gitadaily88
      @gitadaily88 4 месяца назад

      Yeah silver nitrate is applied to burn patients prevent infection. Inorder to prevent spoilage of milk people used to drop silver on milk to slow the growth of bacteria.

  • @yeslahykcim
    @yeslahykcim 4 месяца назад +99

    I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.

    • @Tonyham198
      @Tonyham198 4 месяца назад

      The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.

    • @Jadechurch-ql3do
      @Jadechurch-ql3do 4 месяца назад +1

      You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.

    • @lucaswilliams9992
      @lucaswilliams9992 4 месяца назад

      Please can you leave the info of your lnvestment advsor here? I’m in dire need for one

    • @Jadechurch-ql3do
      @Jadechurch-ql3do 4 месяца назад

      Laila artine kassardjian' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

    • @snowyowl6892
      @snowyowl6892 4 месяца назад +4

      Many smart money people are advising AGAINST⬅️ stocks/bonds & shares right now.
      There is a huge crash coming shortly .. the “bubble” is WAY too big.
      PMs are a better bet IMO.

  • @JamesJohnson-sl3ui
    @JamesJohnson-sl3ui 4 месяца назад +20

    I love your show. But I feel like you you picked 1970 and $40 for dramatic effect. As you well know 1970 it was illegal to own gold in the U.S and the price was fixed. Then the free market was allowed to intervene after Aug 1971.

  • @Most_Trustworthy_Weasel
    @Most_Trustworthy_Weasel 4 месяца назад +29

    Gerald Celente says to buy. He has more credibility, and has been spot on with his price trends.

    • @stevengoodkin
      @stevengoodkin 4 месяца назад +1

      Gerald Celente has become a twisted individual.

  • @SoMuchBetterOfficial
    @SoMuchBetterOfficial 4 месяца назад +95

    Although you're right and gold may be overpriced, is a real currency, as well as real estate. But THE DOLLAR IS A LIE.

    • @toomuchdebt5669
      @toomuchdebt5669 4 месяца назад +8

      Gold stores wealth outside of the banking system. When the government defaults."Gold is money everything else is credit" JPM.

    • @BetterisBetter-pk5dg
      @BetterisBetter-pk5dg 4 месяца назад +3

      Is an illusion

    • @scottkasper6378
      @scottkasper6378 4 месяца назад +4

      Lol. What will you exchange your gold for when “the dollar collapses”? You can see what will happen in real time right now in Argentina. Currency is crashing and no one accepts gold for their good or service.

    • @scottkasper6378
      @scottkasper6378 4 месяца назад +6

      Who says gold has value? Humans do. Who says dollars have value? The same ones. Why do you think a random metal is so special?

    • @mbridewell1010
      @mbridewell1010 4 месяца назад +2

      ​​@@scottkasper6378it has value for a lot if reasons. Just because you don't see the value a lot of others have for thousands of years. So while correct that it only has value because of people, a lot of people, governments and finacial system do see it as valuable.
      Also as far as Gold for economic shtf your right its not for that. Golds just a vehical to move wealth from one system to another. That's what the governments of the world do. It's just a pain to move and store gold so they created derivatives, ie paper money.
      Gold has no counter party risk making it a headge.

  • @darthmaulwurf5123
    @darthmaulwurf5123 4 месяца назад +96

    Jaspreet wants to have all the gold for himself. 😁

    • @TomIslav-o7l
      @TomIslav-o7l 4 месяца назад +1

      Yeh I was thinking this

    • @concernedcitizen780
      @concernedcitizen780 4 месяца назад +4

      Central banks are buying gold

    • @tibora13
      @tibora13 4 месяца назад

      Hahaha f'n yutte's🤠

    • @mototraining265
      @mototraining265 4 месяца назад +2

      ​@@concernedcitizen780Criminals banks

    • @SpookySpoon-xg3jt
      @SpookySpoon-xg3jt 4 месяца назад

      He’s probably working for that knt Turd 💩 dau

  • @take5th
    @take5th 4 месяца назад +7

    But that historical gold price tracked central bank buying and selling. And central banks are buying again, in attempt to divorce from US dollar, which may have some legs until the political situation turns around (detente of sorts with China and Russia and/or Middle East). So, it may rise a bit more until that worry wears off, the situation resolves, or the situation gets worse and you’ll be glad you bought.

  • @teejay6058
    @teejay6058 4 месяца назад +79

    Wait a minute i heard him say he buys gold often …

    • @melissap5664
      @melissap5664 4 месяца назад +7

      Yes. The keyword here I believe is 2024

    • @ang1783
      @ang1783 4 месяца назад +12

      but you cannot put your home, your house, your stocks etc.... in your pocket while you can put your gold in your pocket or bag and run........

    • @nederlander111
      @nederlander111 4 месяца назад

      @@ang1783 especaily in case of a divorce. no one knows where your hiding your gold.

    • @royharris7135
      @royharris7135 4 месяца назад +11

      A little bit every month he said 😂 like myself it all adds up just ordered 8g gold chinese panda nice looking coin

    • @stuartloh4582
      @stuartloh4582 4 месяца назад +2

      Try to revise this opinions after 2025.

  • @professork5634
    @professork5634 4 месяца назад +37

    Bad advice, gold and silver are the only real money and dollar is garbage, don't get people wrecked with this bad advice

    • @professork5634
      @professork5634 4 месяца назад +3

      The real price of gold is 40-50k while silver should be 500-700 usd, time will come

    • @Alley-ue8xl
      @Alley-ue8xl 4 месяца назад

      Amen

    • @novadhd
      @novadhd 4 месяца назад

      cant buy groceries with gold and sliver tho

    • @vincentyeo88
      @vincentyeo88 4 месяца назад +1

      @@novadhd
      Please give them to me to sell for cash and buy groceries.

    • @jamesdoe3713
      @jamesdoe3713 3 месяца назад

      @@novadhd in many places around the world you can, just not in areas where the banking cartels have full contol. I know farmers who sell produce for silver if given the chance. Q.E.D

  • @Tigornable
    @Tigornable 4 месяца назад +12

    🤔, beginning of your whiteboard you said, dow is 600%, home 1,700%, gold 4,800%. No reoccurring taxes or fees on gold, right. Homes and stocks do have reoccurring fees, so wouldn't gold just be better for long term investment?
    4,800% > 600% and 4800% > 1,700% or are we doing "Common Core math"?
    *Long term savings

    • @d33763
      @d33763 4 месяца назад +3

      The Dow was 900 in 1970, where did this dude get 5000?

  • @michaelgarcia5689
    @michaelgarcia5689 4 месяца назад +23

    gold and silver allows me to save, i cant save cash because kids, wife, house, business. Metals are put aside and i can cash when needed.

    • @Greencloud8
      @Greencloud8 4 месяца назад +3

      I buy my brothers kids copper coins copper anything because I can afford it and hopefully they can understand the value of precious metals someday

  • @tonytrump995
    @tonytrump995 4 месяца назад +44

    paper gold real gold not the same

    • @vincentyeo88
      @vincentyeo88 4 месяца назад +2

      But when you sell them, you get the same worthless paper dollars.

    • @tonytrump995
      @tonytrump995 4 месяца назад

      @vincentyeo88 to buy more assets land guns ammo food shelter silver gold art ... if the currency collapse you'll understand ..the currency can collapse gold can not

    • @vincentyeo88
      @vincentyeo88 4 месяца назад

      @@tonytrump995
      You're free to decide how to use those worthless paper dollars which have the liquidity to buy almost anything.

    • @tripplebrown2132
      @tripplebrown2132 4 месяца назад

      There is no such thing as 'Paper Gold'

    • @Neriman-lj3et
      @Neriman-lj3et 3 месяца назад

      ​@@tripplebrown2132There are gold etf s

  • @koksionglee7978
    @koksionglee7978 4 месяца назад +3

    You are showing a perspective of gold and not a fuller picture. In the 70s, inflation was massive and into the double digits. The price of gold shown was inflation adjusted, and that alone had distorted the price trend and made it look volatile.

  • @mattmatt7998
    @mattmatt7998 4 месяца назад +18

    I buy it for the long run. So the current price is irrelevant today, tomorrow and yesterday's. This will be all for my kids.

  • @renedrost5523
    @renedrost5523 4 месяца назад +5

    Keep stacking!!!!

  • @greggy553
    @greggy553 4 месяца назад +11

    Should I apply the same thoughts to silver?

    • @mikieemiike3979
      @mikieemiike3979 4 месяца назад +1

      Silver is much better. Most won't have change for gold coins or bars. Buying food is better, though. 🤫

    • @jamesdoe3713
      @jamesdoe3713 3 месяца назад

      yes, silver will outperform gold when the time comes.

    • @Fall-off-currencies
      @Fall-off-currencies 2 месяца назад

      Gold is safer but Silver has more upside potential

  • @christophersuzor6838
    @christophersuzor6838 4 месяца назад +1

    Bars of 24k at SD I like 10 and 20 gram Kinebars as a savings lots of people love silver but I think gold is more secure...thanks from a new subscriber

  • @seanmatias1360
    @seanmatias1360 4 месяца назад +6

    Buy physical not paper gold...

  • @a40anda47
    @a40anda47 4 месяца назад +4

    Some ppl on here dont know what they r talking about. Yes historically in looonngg run it will be better than dollars but hes trying to say b careful because u can lose half of value and can also historically take 10 or 20 yrs to recover

    • @josephjames259
      @josephjames259 4 месяца назад

      The US and the dollar are in uncharted waters with the debt level that will never be paid and global de-dollarization. Past performance is definitely not indicative of future results.

    • @Greencloud8
      @Greencloud8 4 месяца назад +1

      They gov suppressed metals. The lie will catch up to them and then metal price will explode

    • @arandomyoutubechannel2940
      @arandomyoutubechannel2940 4 месяца назад

      Facts

    • @thetapheonix
      @thetapheonix 4 месяца назад

      Gold isn’t a flip asset, it’s a long term hold so the fact it be volatile and go down in the short term is irrelevant.

    • @a40anda47
      @a40anda47 4 месяца назад

      If dollar went to hell/shit hit the fan they will just confiscate your gold like they did in past ... or track u down easy since we r more digital now.

  • @lunarmodule6419
    @lunarmodule6419 4 месяца назад +1

    Ja, you're doing a very good job I find. Protecting new investors from making mistakes. Thx!

  • @AdamMM-hq3gv
    @AdamMM-hq3gv 4 месяца назад +6

    But if my GOLD is worth more DOLLARS as the national debt goes up, and my loans (rental property, car, house), are fixed and in dollars, then that GOLD should help me to pay off those loans right?

  • @vicep322
    @vicep322 4 месяца назад +1

    I would like you to reasurch silver, and give us your oppion, because silver is used more in the past ten years, and miners cant keep up with the worlds need, at the same time its the most undervalued commodity now as well, and its just a matter of time, but would love a video of your oppion on it

  • @s0lid_sno0ks
    @s0lid_sno0ks 4 месяца назад +5

    silver, baby!

  • @deviildogg1
    @deviildogg1 4 месяца назад +2

    Ive been purchasing 2.5 grams of gold each month for the past few year as part of my long term savings. Personally, i see it as a savings account and not an investment.

  • @robertbass974
    @robertbass974 14 дней назад

    In 2007, I sold all of my stocks and bought gold and commercial real estate. At 69 years old I just retired and sold the real estate for 10X what I invested,and my gold,which I am not selling, is now about 6X without having to worry about it. I'm happy!

  • @JakeAkstins
    @JakeAkstins 4 месяца назад +4

    Peter shiff would disagree with the title

    • @vincentyeo88
      @vincentyeo88 4 месяца назад +1

      Harry Dent agrees with the title.

    • @thetapheonix
      @thetapheonix 4 месяца назад

      Robert Kiyosaki would also disagree.

  • @ryanpenman251
    @ryanpenman251 4 месяца назад +7

    Gold is probably the safest investment at the moment. It's a little hard to say what the economy's about to do, in my opinion it's heading for one of two things, major recession or hyperinflation. Gold will still likely take a hit if we see a recession, but it typically holds up better than stocks. If we end up seeing hyperinflation, which I think is more likely, you for sure don't want to be holding cash.

  • @WhackedValor
    @WhackedValor 3 месяца назад +1

    Basically, don’t chase the price. Know its purpose and purchase responsibly.

  • @q63936
    @q63936 4 месяца назад +1

    Thank you for taking the time to share your knowledge, will you please, when you have time, share your thoughts on investing in diamonds.

    • @vandhanamohan722
      @vandhanamohan722 4 месяца назад +1

      gold is real money... diamonds can be produced int the labs...

    • @q63936
      @q63936 4 месяца назад

      @@vandhanamohan722 Thank you for that wisdom. Appreciate it. Have a beautiful day.

  • @pauluss1053
    @pauluss1053 4 месяца назад +2

    US national debt approaching 35 trillion - ill stick buy some gold each month, i just get a few less grams than i did last year.

  • @benrothberg6799
    @benrothberg6799 4 месяца назад +1

    Gold can produce value. It's used to make jewelry and it's used in several products. The more rare it becomes (if there's a huge gold grab, which could absolutely happen) watch the value rise. Don't forget about taxes though. Nothing is a free ride... unfortunately.

  • @thomaschew2191
    @thomaschew2191 3 месяца назад

    If you have your finances under control, little to no debt, investing in stocks or mutual/index funds and/or bonds and have a decent cash savings and want to continue to build your cash savings, gold or silver is a good place to put your money. It's not an investment rather, like a high yield savings account; metals are a good place to put some money in addition to a savings account.

  • @kenthammer123
    @kenthammer123 4 месяца назад

    Jaspreet you are one of the soundest minds on RUclips when it comes to explaining economics and finance to the average person. Ty

  • @VworksArt
    @VworksArt 4 месяца назад

    Have you done a video on how to scout for good real estate property?

  • @dxk2466
    @dxk2466 4 месяца назад

    You have to also add money printed in 1970 vs money printed in last few years.
    Dollar will be devalued to lower and gold will be revalued to higher. This will bring the US debt lower automatically as the doller gets devalued, but prices of all goods and services in USD will also go higher as doller is devalued.
    People holding cash will have less purchasing power after devaluation but gold will not make you rich after appreciation but it will hold your purchasing power.

  • @SLFYSH
    @SLFYSH 4 месяца назад +4

    The dollar is headed for the dumpster. Offramping to anything that will hold value is a good decision. Eventually dollars, 100s or 1s will be bad toilet paper.

  • @davidhamtaro
    @davidhamtaro 4 месяца назад +1

    Buy abit of gold as insurance.

  • @andersonlynn3686
    @andersonlynn3686 2 месяца назад

    It’s a way to prevent inflation

  • @emanuelsantiago758
    @emanuelsantiago758 4 месяца назад

    No more DCA if things are progressing and we are at the first step for new ATHs. Hopefully AWMKPX was the right pick as you recommended earlier

  • @sebobelzil4206
    @sebobelzil4206 4 месяца назад +1

    Rising dollar prices are a good reason to buy, buy, buy physical silver and gold... to stock up on coffee, sugar, salt, rice, water (and a filtering system), medicine. We're heading for uncharted waters. SHTF is coming to a cinema near you.

  • @rickbrodston1800
    @rickbrodston1800 4 месяца назад

    Thanx... the advice is sensable.

  • @mybuickskill6979
    @mybuickskill6979 4 месяца назад +2

    Metals are storage. It doesn't do any work to create anything. It's an asset you might be able to borrow against... Which is better than not. But it's not a house you can really rent out

  • @sgeorge008
    @sgeorge008 4 месяца назад +12

    If he is saying not to buy then go and buy.
    In 2020/21 he told house is too expensive and see where we are.

  • @lightmystic3792
    @lightmystic3792 4 месяца назад +2

    Stay away from stock market and buy gold as i have tried both.

  • @cathihargaden1608
    @cathihargaden1608 4 месяца назад

    the problem is there are no cash flow from gold as its an insurance but its difficult to know the right investments as so many crooks out there.

  • @willmart6397
    @willmart6397 Месяц назад

    The market did crash few days ago

  • @tijeahparris2537
    @tijeahparris2537 4 месяца назад +2

    Too late

  • @rd9102
    @rd9102 4 месяца назад

    If you are going to buy precious metals, you are late to the party BUT it's always good to Dollar Cost Average into precious metals over time and then you will do just fine over time.

  • @rahulm2827
    @rahulm2827 4 месяца назад +1

    I woke up this morning thinking about GOLD and about investing in GOLD.
    And (I know its a bad habit), the first thing I did after waking up was grab my mobile and google GOLD rates. 😂😂
    This must be a sign, am gonna invest in GOLD. 🤑🤑🤑

  • @cesargarsia1860
    @cesargarsia1860 4 месяца назад

    How is AWMKPX better than anything else right now?

  • @shryque
    @shryque 4 месяца назад +3

    You should ALWAYS by gold or silver.

  • @viceverse11
    @viceverse11 4 месяца назад +12

    You're right, buy silver.

  • @tonyherdina9142
    @tonyherdina9142 4 месяца назад +1

    Suzie Orman says before you buy gold ask yourself; where are you going to keep it and where are you going go to cash it in?

  • @crystiandejesus6087
    @crystiandejesus6087 4 месяца назад

    My largest holding this year will be AWMKPX. I like Jeff he always seems to be inspiring and innovative and unlike Musk still up there with ideas

  • @splinter1055
    @splinter1055 4 месяца назад +2

    Gold is outside the goverments control and can be easily transfered without being taxed to death.

  • @johnhill6281
    @johnhill6281 4 месяца назад +1

    I've put more money in silver. It is more affordable. And has more room for potential growth in value. And we are at the end of our financial system. The dollar is toast.

  • @jairmendoza6543
    @jairmendoza6543 4 месяца назад

    All of them are reasonable picks. But the heart goes to AWMKPX and this vision is definitely something else.

  • @ronaldchew4147
    @ronaldchew4147 4 месяца назад

    ETF is derivative. It can be zero out easily.

  • @thelasvegaskid
    @thelasvegaskid 4 месяца назад

    I have some silver, may sell some off if it keeps going up.

    • @jimsdad3739
      @jimsdad3739 4 месяца назад +1

      It's the single most undervalued commodity in existence. Keep it. Sell something else.

    • @thelasvegaskid
      @thelasvegaskid 4 месяца назад

      @@jimsdad3739 I get that, I’ve been stacking for years I’ll only sell if some of my stack

  • @eddie8pints804
    @eddie8pints804 4 месяца назад

    Gold prices crash? what about stocks and property, they don't? Over the long term gold will preserve wealth, during the medium term with money printing and a failing economy, gold can make you rich. It's a ratio game, gold will increase in value faster than property during inflation, I plan to flip gold for property when the time is right.

  • @keithknechg3217
    @keithknechg3217 4 месяца назад

    I just asked the wife,a semi rhetorical question" why does the avrg guy buy silver / gold when premiums and spot is through the roof"? She said fomo,perfect answer.i buy on dips only or on bargains.makes sense to me.a savings place.

  • @alecubudulecu
    @alecubudulecu 4 месяца назад +1

    If bank collapses - to where you cannot access the vault. There’s likely a bigger chance your house or safe in the house is done. Or you’d be expired on your way to the vault. In any of those situations. The bank vault is a safer storage option. Statistically.

  • @krishlanaidoo8392
    @krishlanaidoo8392 4 месяца назад +1

    How did the people in the olden days .They bartered gold for food. Guys everything is fake money printing . Physical GOLD. Is King.❤. Mate you cannot eat your brick s and mortar. In the great depression what did people do.❤❤❤

  • @MarcosMartinelli1
    @MarcosMartinelli1 4 месяца назад +1

    Jaspreet, imho o think you are talking too fast.
    Thank you for sharing knowledge and making our economy better.

  • @eddieyong4531
    @eddieyong4531 4 месяца назад +1

    You're nuts!

  • @TonyL-gw4qx
    @TonyL-gw4qx 4 месяца назад +1

    You must be seriously challenged if you think you shouldn’t buy gold. Gold is only going up due to numerous factors and you don’t see it?
    Show your charts for the real estate crashes or stock market crashes.

  • @snowgolden
    @snowgolden 4 месяца назад +10

    I'm not sure If Robert Kyosaki would agree with you 😂

    • @jogmas12
      @jogmas12 4 месяца назад +2

      You one of dem der stackers?

  • @disneytakeshugedix7463
    @disneytakeshugedix7463 4 месяца назад +5

    America 🇺🇸 loves 🥰 Hyper Inflation 💸 and will continue to print money 💵 and lower interest rates until the US 🇺🇸 Dollar 💵 collapses ! The American 🇺🇸 Government loves 🥰 Hyper Inflation 💸 so much they want the prices of everything to rise until the US 🇺🇸 Dollar 💵 is worth nothing ! Print ! Print ! Print ! Ha ! Ha ! Ha ! Hilarious 🤣

  • @paulturner4419
    @paulturner4419 Месяц назад

    GLD etf has beaten S&P this century

  • @matw1x
    @matw1x 4 месяца назад +1

    Crypto is the way

  • @DasGonz13
    @DasGonz13 4 месяца назад

    Is real (gold silver gemstones) jewelery a store of wealth?

  • @nameless_no_name
    @nameless_no_name 4 месяца назад

    Most Canadians and Americans had 1.5% of their portfolio in gold. The average N. American now has LESS than 0.5%.
    There is a long way to go for us with gold demand to revert back to the mean

  • @mysterybuyer3738
    @mysterybuyer3738 4 месяца назад +1

    Wish you all would have bought gold since the making of this video? If you did you would be sitting pretty.

  • @danielkurek7009
    @danielkurek7009 2 месяца назад

    I hope you also realize that you don't actually own your stocks you do not own a piece of a company as you were told The rules and laws were changed now all you own is a securities entitlement which takes less priority than the speculative derivative bets made by large players so when it comes time to cash out you won't be able to..

  • @hbendzulla8213
    @hbendzulla8213 4 месяца назад

    What a wise guy

  • @tonytrump995
    @tonytrump995 4 месяца назад +8

    gold price is not real .......real price of gold is 100000 a oz .......fool

  • @tessjones5987
    @tessjones5987 4 месяца назад +2

    So you have invested for years every month but you do not think we should? Hold value better than dollar.

  • @Greencloud8
    @Greencloud8 4 месяца назад +1

    If people knew that silver can put big pharma on the back burner we’d all buy it

  • @barryhallsack8852
    @barryhallsack8852 4 месяца назад

    At the end of the day gold's pretty paper's not 😂. I invest in lead as well 😜

  • @stevofoo
    @stevofoo 4 месяца назад

    what if, after some years, a cheap man-made material replace gold?

  • @KrishnaMarathe
    @KrishnaMarathe 3 месяца назад +1

    Indian ladies know what's up. Buy gold!

  • @LordGovernor420
    @LordGovernor420 4 месяца назад

    3:54 ok

  • @christianklein5774
    @christianklein5774 4 месяца назад

    ther is one reson fori wood not buy gold here or else wher , in crisi was it often whnet confiscatet as else metal , ther aree some story off swiss fanc silverscoinsd in they +-1965 somwhere ther was a silver high snd the swiss bank acll all siver coins runn back and by law it was forbiten to ceep them (insde swiss so far )....ect

  • @johannjtremor9382
    @johannjtremor9382 3 месяца назад

    Beware of financial gurus telling you not to buy Gold & Silver. Precious Metals are the real money!

  • @roygorman6624
    @roygorman6624 4 месяца назад

    In a certificate it is still subject to crooks of different types, white collar, they are the most dangerous.

  • @happymack6605
    @happymack6605 4 месяца назад +8

    💯 correct. Physical gold preserves wealth, it won’t make you wealthy. Please don’t buy goldbacks; they’re a terrible investment

  • @josephpurdy8390
    @josephpurdy8390 4 месяца назад +2

    Gold doesn't crash in price. I will have a renewed interest in buying at $2050. You will never see a sub $2000 spot price ever again, which it was in 2023.

  • @aplmak1
    @aplmak1 4 месяца назад

    I’d rather hold real gold than a piece of paper contract.. I prefer no counterparty risk.

  • @Realg401
    @Realg401 4 месяца назад

    The Market is going to be fine long term

  • @aucourant9998
    @aucourant9998 4 месяца назад

    The gold and silver I bought eight years ago has doubled in price relative to the Pound Sterling. Inflation (in reality not the fake government figures) has more than doubled in that time, so gold and silver hasn't quite kept up. But it's way better than if I had left my money in the bank and it gives me a lot of reassurance in a world that is falling apart. Unlike this guy, I do believe the dollar is going to collapse and if Brics does create a currency backed by gold, gold and silver will hit the roof and you will be rich (relative to useless currencies that aren't backed by gold such as the dollar and the pound sterling).

  • @IXXILordFibonacciIXXI
    @IXXILordFibonacciIXXI 4 месяца назад +4

    WRONG ADVICE

  • @usaalways1869
    @usaalways1869 4 месяца назад

    New subscriber ❤

  • @roysandoval8230
    @roysandoval8230 4 месяца назад

    The way things are currently falling apart globally and overrated stocks markets in 2024, I’m invested in physical $ilver mostly, staying away from fake silver paper ETF, if you don’t hold it you don’t own it, Physical Silver and Gold is proven wealth for over 5,000+ years and counting..