What is Really Going on With Gold?

Поделиться
HTML-код
  • Опубликовано: 7 мар 2024
  • Win 500 Silver Coins - Enter here: SDBullion.com/sweepstakes
    SUBSCRIBE to Our Channel: ruclips.net/user/sdbullion?s... Lots of aged and now fresh-eyed onlookers of the global gold market have been asking themselves this week. What is Really Going on With Gold?
    Subscribe to our official RUclips channel here for weekly bullion market updates.
    The spot gold price rallied all week to new nominal record price high levels, closing just under $2,200 oz. In a minute we'll look at where this rally might go in the short and medium through the year term.
    The spot silver price also gained off the lead of gold, moving well over $24 oz to finish this week.
    The spot gold-silver ratio stayed relatively flat regardless of gold's headlines, closing the week at 89.
    That will be all for our weekly SD Bullion Market Update.
    As always to you out there, take great care of yourselves and those you love.
    --
    CNBC Gold Coverage Idiocy:
    www.cnbc.com/2024/03/06/what-...
    Gold Trades Near All-Time Highs | Schwab Network:
    • Gold Trades Near All-T...
    China Adds More Gold Reserves for the 16th Month in a Row:
    www.bnnbloomberg.ca/china-s-g...
    Royalty-Free Music provided by:
    ------------------------------
    'Simplicity' by Scott Buckley - released under CC-BY 4.0. www.scottbuckley.com.au
    ------------------------------
    The Right Path by Filo Starquez / filo-starquez
    Creative Commons - Attribution - NoDerivs 3.0 Unported - CC BY-ND 3.0
    Free Download / Stream: bit.ly/3uvvCGf
    Music promoted by Audio Library bit.ly/48radM2
    • The Right Path - Filo ...
  • РазвлеченияРазвлечения

Комментарии • 107

  • @sdbullion
    @sdbullion  3 месяца назад +96

    Do YOU LIKE these Bullion Market Updates?!
    SUBSCRIBEruclips.net/user/sdbullion

    • @lincolnnorton6354
      @lincolnnorton6354 3 месяца назад +1

      Would you be willing to explain more about your feelings on the miners? I am mainly bullion but I have some miners?

    • @nikchilli
      @nikchilli 3 месяца назад +1

      Yes !

    • @czechstacker
      @czechstacker 3 месяца назад

      Yes! Really appreciate the analysis.

    • @russelbrown6275
      @russelbrown6275 3 месяца назад

      What do you think about the new discovery of silver in Poland?

  • @choosiewhoo1700
    @choosiewhoo1700 3 месяца назад +16

    Gold bull run just only got started. Just buy some gold now and join in the gold bull run very early. 😄😄😁😁😊😊😋😋

  • @BlueWaterSTAX
    @BlueWaterSTAX 3 месяца назад +10

    Thanks again SD Bullion and James. God Bless

  • @KEG-zf8yp
    @KEG-zf8yp 3 месяца назад +12

    Thank you, James! Always look forward to your weekly updates:)

  • @inseine1534
    @inseine1534 3 месяца назад +10

    Thanks again! Have a blessed weekend….

  • @danieljee8670
    @danieljee8670 3 месяца назад +11

    Remember, it always takes longer than you think. ALWAYS

  • @wally5832
    @wally5832 3 месяца назад +10

    Really thankful for all the extra effort you put in for us. These updates make it easy to share with family and friends.

  • @thegreatpumpkinsloftiestcr315
    @thegreatpumpkinsloftiestcr315 3 месяца назад +10

    Now the COMEX is limiting gold positions…I thought there was an endless supply?

    • @russelbrown6275
      @russelbrown6275 3 месяца назад

      Hopefully they are trying to keep the central banks from buying it all and allow the common people to buy some

  • @jamesobryan3258
    @jamesobryan3258 3 месяца назад +3

    Thanks for all your work. I look forward to your videos every Saturday.

  • @mrlarry999
    @mrlarry999 3 месяца назад +8

    I enjoyed the charts this week. 👍🏼👍🏼

  • @davenone8516
    @davenone8516 3 месяца назад +6

    Partially due to the 200 day reoccurring cycle and a tight budget, I've suspended purchasing until it starts to drop again.

  • @truewealth50
    @truewealth50 3 месяца назад +19

    Follow the yellow brick road 😊

  • @rachelthompson9324
    @rachelthompson9324 3 месяца назад +4

    what is going on with gold is that fiat currencies are being debased more quickly

  • @jasongriggs1502
    @jasongriggs1502 3 месяца назад +6

    Thanks James...

  • @alan30189
    @alan30189 3 месяца назад +5

    Please get rid of the background music! It’s completely unnecessary.

  • @GANAPATIIIII
    @GANAPATIIIII 3 месяца назад +4

    SD BULLION - IS INFORMATIVE. 👀

  • @mvos5269
    @mvos5269 3 месяца назад

    Thanks sgain for this update, I always looking forward to these updates and watch them as soon as they are available.
    Greetings from the Netherlands.

  • @BatmanBoss
    @BatmanBoss 3 месяца назад +9

    God Bless the stackers 🥇🥈🥇🥈

  • @rudeawakening3833
    @rudeawakening3833 3 месяца назад +12

    And everyone still hates silver …

    • @rudeawakening3833
      @rudeawakening3833 3 месяца назад

      @@DapperCatPictures
      Agreed
      Keep talking

    • @leonidas953
      @leonidas953 3 месяца назад +1

      Agree but silver should be at least 100 by now. If it goes to 200 tomorrow I would not be a bit surprised. I hope it doesn’t. Need more shineys.

    • @rudeawakening3833
      @rudeawakening3833 3 месяца назад

      My newfound hope in this space is the arbitrage at the Shanghai market that is currently paying 10-12% HIGHER for physical silver at the moment …
      They claim silver , like gold , in the physical form , is MOVING EAST .

    • @jerrymcmanus2480
      @jerrymcmanus2480 2 месяца назад

      or more ​@@DapperCatPictures

  • @ironworker5792
    @ironworker5792 3 месяца назад +7

    Priceless episodes. The incompetence we witness is like a bad Muppets movie. Kermit as Powell, Yellin as Ms. Piglet.
    Thank you for posting

  • @BatmanBoss
    @BatmanBoss 3 месяца назад +6

    Thanks James! 💪

  • @goldensilver793
    @goldensilver793 3 месяца назад

    Thank you...

  • @MK7779-
    @MK7779- 2 месяца назад

    Excellent content as always. Thank you for the insight regarding returning capital to yourself with prudent bullion positions and not miners.

  • @jamesonealbrown7227
    @jamesonealbrown7227 3 месяца назад +5

    Acquired a tiny gold Mexican Dos Pesos yesterday …🌎🗿™️

    • @leonidas953
      @leonidas953 3 месяца назад +1

      I acquired a Dos Equis salute to you sir.

    • @jamesonealbrown7227
      @jamesonealbrown7227 3 месяца назад

      @@leonidas953 … Amen sir …🌎🗿™️

    • @bhargi4692
      @bhargi4692 3 месяца назад +2

      I love the $50 Pesos, I was grabbing one at my LCS every time they came in. I haven’t seen one in over a year now

  • @dianesmith8183
    @dianesmith8183 3 месяца назад +6

    GOOD evening all...

  • @umunhum3
    @umunhum3 3 месяца назад

    Good work James
    Very Interesting Bull Analysis

  • @Meteevee400
    @Meteevee400 3 месяца назад +5

    Bravo James

  • @SirAlford
    @SirAlford 3 месяца назад +1

    I went Big on Sandstorm Gold Royalties!

  • @JohnCarlson-vw6vx
    @JohnCarlson-vw6vx 3 месяца назад +7

    Big banks are not audited by FDIC’s! They get to audit themselves?

  • @mapleleafmetals814
    @mapleleafmetals814 2 месяца назад

    you really should open up in Canada and give SGB a run for their money

  • @markm7077
    @markm7077 3 месяца назад +7

    SD bullion many thanks!!!!

  • @alexwood7678
    @alexwood7678 2 месяца назад

    Any stats on the purchasing power of the cash equivalent of gold? I understand the fiat value has increased by 8% on average annually - but what does this mean in practise?

  • @DutchLibertarian
    @DutchLibertarian 3 месяца назад +1

    Thanks James for your updates 🥇🥈👌

  • @kaiserSoussa
    @kaiserSoussa 3 месяца назад +5

    james i still havent won the sweepstakes...? what i gotta do??? cheers.

  • @michaelbouillon1241
    @michaelbouillon1241 3 месяца назад +3

    Music served with Powell appetizer is delighful

  • @THOMASDRELICH
    @THOMASDRELICH 3 месяца назад +2

    Ken griffin essentially saying America will have to accept austerity

  • @THOMASDRELICH
    @THOMASDRELICH 3 месяца назад +2

    Isn’t the LBMA Chinese owned. Probably just a conduit to funnel gold and silver eastward. 😊

  • @8doodee
    @8doodee 2 месяца назад

    SD may want to offer another option (like entering manually) for paying via ACH. Some banks including mine do not use Plaid for verification.

  • @Rj-nh1df
    @Rj-nh1df 3 месяца назад +6

    Love these updates 😁 do I get 10% off

    • @sdbullion
      @sdbullion  3 месяца назад +2

      -10% off ongoing mkt premiums, sure we do that basically every week - sdbullion.com/deals

  • @michaelwaters8408
    @michaelwaters8408 3 месяца назад

    Another great presentation, thank you James. Of particular interest to me is what is going on in GLD ? Year in year out GLD holdings have pretty much mirrored the gold price itself which is quite logical but over the past couple of years or so there has been a growing divergence which borders on the jaw dropping. So what is going on here ? Is gold being loaned out and if so to whom ? Once loaned out is it gone for ever or must it be repaid ? Could it go down to zero over time. I understand a lot in the precious metals markets but in areas like this my knowledge is somewhat flaky !

  • @HenrikRClausen
    @HenrikRClausen 3 месяца назад +2

    As for silver, I expect that those - not least in China - who currently are moving disposable savings into gold, will proceed with putting disposable income into silver. That will become - interesting :)

  • @kendrav.2088
    @kendrav.2088 3 месяца назад +6

    Buy it, bury it in your backyard, sleep well at Night.. ,)

  • @user-ry5qc1on2j
    @user-ry5qc1on2j 3 месяца назад

    Xeventy XVT is a top gem, DYOR!!!!!

  • @coretmanus4688
    @coretmanus4688 3 месяца назад

    Midas touch me bro.😎

  • @fasteddy6170
    @fasteddy6170 3 месяца назад +9

    GOLD should be $186 k per Ounce if THEY have the GOLD THEY say THEY have

    • @mason5540
      @mason5540 3 месяца назад

      Well when the dollar goes to zero gold should go to infinity

  • @miriamcabezas3845
    @miriamcabezas3845 3 месяца назад

    Congrats to all early adopters, Xeventy will crush this year

  • @goldismoney5899
    @goldismoney5899 3 месяца назад +6

    Mining stocks are cheap here. I know you sell bullion, but to disparage price performance of miners is biased. I own both physical and miners. Miners will outperform Gold when this reverts to the mean. Gold IS money. END THE FED.

    • @YankeeStacking
      @YankeeStacking 2 месяца назад

      Stack physical gold (and silver) as wealth INSURANCE, buy commodities (food, land, real estate, etc.) as investments, and only speculate a bit with some mining stocks. At least that is my approach. 👌🏼

  • @peterwilson9327
    @peterwilson9327 3 месяца назад +3

    102 likes ❤

  • @christopherepperson3328
    @christopherepperson3328 3 месяца назад

    Hey guys, China’s largest bank bought out the London Bullion exchange 7 years ago. FYI.

    • @vincentyeo88
      @vincentyeo88 3 месяца назад

      Plenty of tungsten inside that place.
      Lol. 🙃🤣

  • @fasteddy6170
    @fasteddy6170 3 месяца назад +3

    SILVER also $186k Should be more tho

    • @sdbullion
      @sdbullion  3 месяца назад +1

      that's simply using increasingly rigged US gov't CPI since 1980 looking backwards from now

  • @tjfamily9263
    @tjfamily9263 3 месяца назад +1

    You want to know what fear smells like? Listen to Powell.

  • @0dbm
    @0dbm 3 месяца назад +3

    When did gold become classified as a tier one asset, and what does that mean

    • @junbug2427
      @junbug2427 3 месяца назад +1

      means its classified as real money

    • @bocain812
      @bocain812 3 месяца назад +2

      That happen on 1 January 2023 as part of BIS Basel III
      The GHOS announced in March 2020 that the implementation date of these reforms, which were originally set to be effective at the start of 2022, was delayed to 1/1/23.
      Gold has been on par with the US Dollar for over a year now.

    • @bocain812
      @bocain812 3 месяца назад

      It means any entity that wants to be recognized as holding "the safest asset" can now do so with gold, not just Dollars and bonds. It's less about gold stepping up to the pinnacle of security, and more important to note the Dollar losing trust.

    • @leonidas953
      @leonidas953 3 месяца назад

      Tier 1 means gold is now collateral on balance sheets of banks at 1:1 ratio. Before if you had an ounce of gold it was 50 cents on the dollar collateral.

  • @AlejandroRodriguez-qn1gv
    @AlejandroRodriguez-qn1gv 3 месяца назад

    Ride the bull run with Xeventy, sale ends soon

  • @ptaeiy
    @ptaeiy 3 месяца назад

    ''...trying to stay ahead of it....and so far we've been able to...'' Not very reassuring answer, if you asked me.

  • @dtylerdunbrack9188
    @dtylerdunbrack9188 3 месяца назад +1

    Powell simply saying rates are falling is enough,,,, he actually doesn't have to do anything and trillions of BlackRock digits will flow.... Godspeed

  • @alexconnors1027
    @alexconnors1027 3 месяца назад +7

    Trust us, we are now telling the truth after all the fibs for all of the years...

  • @MrRRHHMM
    @MrRRHHMM 3 месяца назад +1

    BRICS + BRICS +

  • @shadowbanned4days
    @shadowbanned4days 3 месяца назад +15

    Lawless usa

  • @kyfeam
    @kyfeam 3 месяца назад +2

    gold going up is a double edged sword.. it's exciting seeing gold hit all time highs.. but if it goes bonkers that means the dollar is losing value.. which means were on the path to hyperinflation.. those buying into the A.I. hype will be destroyed.. so keep your head down and keep stacking fellow holders!

  • @thegreygoose8827
    @thegreygoose8827 3 месяца назад +1

    7.30 minutes in... what is ol man Powell doing with his lips?... looks like a nervous liar to me... or his lips are dry 😂😂 my money is on 'he's a liar'

  • @goldismoney5899
    @goldismoney5899 3 месяца назад +2

    It says "the honorable" Jerome Powell on the name plate in from of this criminal. They have to tell us he is honorable because he clearly is NOT.

    • @leonidas953
      @leonidas953 3 месяца назад

      They add that so we know we’re in Bizarro world. Sometimes we forget.😂

  • @ivangaeta3663
    @ivangaeta3663 3 месяца назад +3

    Ken’s face just makes me angry

  • @William-Bill-Munny
    @William-Bill-Munny 3 месяца назад

    The US government buying gold is like when they told us N95 masks were not necessary as they hoarded them in warehouses.

    • @bhargi4692
      @bhargi4692 3 месяца назад

      I haven’t seen anything to show the US government is buying gold, have you seen something?

  • @stackenali7059
    @stackenali7059 3 месяца назад +5

    Sold my stack 6 months ago. Flipped to the hardest scarest asset on earth- BTC. Prepare for the halving.

    • @merleelsing2211
      @merleelsing2211 3 месяца назад +5

      😂

    • @bocain812
      @bocain812 3 месяца назад +3

      Might as well traded for Dollars, as both are an illusion.

    • @stackenali7059
      @stackenali7059 3 месяца назад

      @@bocain812 it's unfortunate that you've been brainwashed. BTC has a larger MC than silver.

    • @leonidas953
      @leonidas953 3 месяца назад +1

      Best of luck to you. Hope you make a ton of fiat dollars! 🎉