Why Gold Prices Continue to Break Records

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  • Опубликовано: 2 окт 2024
  • HSBC Chief Commodities Analyst James Steel discusses the gold market's latest surge, particularly in China and India, as geopolitical risks swirl around other areas of the broader market. James speaks with Tom Keene and Paul Sweeney on Bloomberg Radio.
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Комментарии • 42

  • @MrTyS1776
    @MrTyS1776 5 месяцев назад +26

    You can’t have 34trillion in US debt and not start getting a high gold price!!

  • @praveenspike
    @praveenspike 5 месяцев назад +12

    The amount of gold purchased and investing in gold in India by individuals has far exceeded than the expectations. Half on the Indian population are investing in gold, as we know the future.

    • @matt3935
      @matt3935 5 месяцев назад +3

      Not just Indian. I think everywhere except the Western world.

  • @ahmedalsharman
    @ahmedalsharman 5 месяцев назад +5

    From all the Gold analysts out there Bloomberg brought a guy who *doesn't know or understand how to value Gold* .. pathetic

    • @PK.Civil.Servant
      @PK.Civil.Servant 5 месяцев назад +1

      They tend to speak from script and half truth

  • @Freedomofspech57
    @Freedomofspech57 5 месяцев назад +2

    Clean water will be the future currency

  • @MerylBeth
    @MerylBeth 5 месяцев назад +76

    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..

    • @Karen-jz5jp
      @Karen-jz5jp 5 месяцев назад

      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.

    • @MerylBeth
      @MerylBeth 5 месяцев назад

      wow massive gains! my partner recently hinted on going same direction. what did you invest in, and who is your investment advisor please, if you don’t mind me asking? in dire need of asset allocation...

    • @Karen-jz5jp
      @Karen-jz5jp 5 месяцев назад

      (Rosa Barnard Investment Advisor) is the licensed advisor I use.. Just copy everything in the bracket and research. You'd find necessary details to work with to set up an appointment..

    • @MerylBeth
      @MerylBeth 5 месяцев назад

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  • @ΣΤΕΡΓΙΟΣΚΟΣΜΙΔΗΣ
    @ΣΤΕΡΓΙΟΣΚΟΣΜΙΔΗΣ 5 месяцев назад +5

    People start realize that fiat currency becomes worthless through time and the ultimate store of everlasting wealth is gold.

  • @ahmedalsharman
    @ahmedalsharman 5 месяцев назад +2

    Western Investors don't hold any Gold & there ETF is at 5 years low . So this rally is mainly come from the Asian & Middle Eastern People.

    • @Practicalinvestments
      @Practicalinvestments 4 месяца назад

      It’s been that way, in my opinion this is just the real price showing, they have been stifling the price of gold for years now to prop up the US economy and their global market dominance they can just no longer keep pushing the price down

  • @barbasnabb
    @barbasnabb 4 месяца назад +1

    Gold is not moving; its the dialuted Fiat that is sinking.

    • @richardhavilah7176
      @richardhavilah7176 3 месяца назад

      BRICS will buy them and sell them again its a joke…while oil is consumed

  • @dougiep2769
    @dougiep2769 5 месяцев назад +1

    Can answer that in one word....trust....they lost it it fails.

  • @jccapitalmgmt5044
    @jccapitalmgmt5044 5 месяцев назад +2

    Well said 👌

  • @gustavoenriquelopez8463
    @gustavoenriquelopez8463 5 месяцев назад +1

    Te best saludos desde las salvajes pampas de Rgentina

  • @MarkMphonoman
    @MarkMphonoman 5 месяцев назад

    It’s about time Gold is getting the attention it deserves.

  • @rubenshanm5110
    @rubenshanm5110 5 месяцев назад

    If bitcoin so little and expensive why gold is so cheap is that the real value of the metal

  • @permaconscious7366
    @permaconscious7366 5 месяцев назад +2

    Then why the price of silver is soaring too and other precious metals all together? Scrap off the Chinese gold buying spree crab. It is based on the general fear of inflation because the market does not believe, have no respect on Fed ability to control inflation.

  • @jodystrumila8665
    @jodystrumila8665 5 месяцев назад

    Some people are hedging against their currency. Put up a 10yr in CAD .

  • @ibberman
    @ibberman 5 месяцев назад

    Wonder what he's smelling. And what's wrong with Krugerrands?

  • @HappyHermitt
    @HappyHermitt 5 месяцев назад

    They were buying from Perth mint.

  • @SaSa-fs8sb
    @SaSa-fs8sb 5 месяцев назад

    Can't understand him at times

  • @philipsigglekow7828
    @philipsigglekow7828 5 месяцев назад +3

    BS safe haven Bahahahaha

    • @credera
      @credera 5 месяцев назад +1

      and why?

    • @davidkennedy8929
      @davidkennedy8929 5 месяцев назад +4

      Silly comment without any explanation!

    • @philipsigglekow7828
      @philipsigglekow7828 5 месяцев назад

      They have been selling this snake oil for years … get a one ounce gold coin walk down the street and try and sell it … u r full of BS …

    • @HatsuneMiku-lk5ii
      @HatsuneMiku-lk5ii 5 месяцев назад +1

      @@philipsigglekow7828 You would easily get 1600 for that 😆😆😆😆😆😆

    • @DistrustHumanz
      @DistrustHumanz 5 месяцев назад

      ​@@HatsuneMiku-lk5ii If you get $1600 for an ounce of gold that is currently worth $2300, then you just made his point.

  • @siiwok
    @siiwok 5 месяцев назад

    buy DGP NEM AGQ