Why GOLD then SILVER are Poised to Ramp 2024 and Beyond
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- Опубликовано: 28 дек 2023
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SUBSCRIBE to Our Channel: ruclips.net/user/sdbullion?s... Happy New Year to all of you out there from our team at SD Bullion. For gold in fiat US dollar terms, this was another consecutive weekly close above $2000 and for the first time in history alongside monthly/quarterly/semi-annual/and annual closes above $2,050 oz.
Later in this report, we will take a look around the world at where major gold and silver markets are finishing this year, 2023, with a roadmap ahead for how much further both respective precious metals have in potential revaluations higher to come.
sdbullion.com/gold-price
The spot gold price closed above $2,050 oz again, completing record high wicks on monthly, quarterly, and annual closes, which is important for chart onlookers in search of bullish technical breakout signals.
sdbullion.com/silver-prices
The spot silver price finished slightly down on the week finishing just under $24 oz for the end of the year 2023.
sdbullion.com/gold-silver-ratio
The spot gold-silver ratio rose on gold's strength over silver to finish at 86 on the year.
That will be all for this last 2023 edition of our weekly SD Bullion Market Update. We will see you in 2024.
As always, to you out there, take great care of yourselves and those you love.
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Happy 2024 to all of You Out There!
SUBSCRIBEruclips.net/user/sdbullion
Happy New Year! 🎆🎊🎈 🎉🥳
Stack boys it’s gonna be a wild new year
Absolutely
I’m excited.
Gold hit $1800 in 2011. Looking at everything that's happened since then, I'm already looking at it at $2060 as a bargain. Silver even more so. Stay strong, stay long the metals my friends.
Excellent update, as always, James. Thanks for what you do. Let's make 2024 rock!
SD Bullion is a great company with great analytics. Best of luck in 2024! Thanks James!
Happy New year's, thank you for doing what you do.
James , I'm with you when it comes to silver. Thanks again for your weakly report, keep up the great work.
I like the way that sd bullion grew. I only buy from sd bullion and i am very happy with them. Happy New Year to all..
Wow you knocked that one out of the park! Great charts, excellent info; thanks for all the time you put into these Friday reports. All the best to you and the SD TEAM in '24.
We got an industrial music video boys
I love Industrial music. Especially Christian Industrial. ⚙️
Love it!!
they cut the intro out @@_outofphase5480
2024 will be golden!
Luv your work👍🙂
Love your truth series. Sent one to my sister in CO and she is ordering some for her loved ones. HNY & GBY
Woot !thank you!
Uranium will be 150+
GOD BLESS JAMES HAPPY NEW YEAR TO YOU,YOUR FAMILY,AND THE SD TEAM!
The music was rockin'...A prosperous 2024 to you...
It is going to be a FUN year!!!!🤪🤪🤪🤪
Happy New Year! Thanks for the update!
Many thanks James for all useful information this year. Welll done, keep going pls and Happy New Year!
Happy New Year and thank you James for another wonderful report 🙏 🙏🙏🎉😊
Thank you, and Happy New Year!!!
Many thanks James, HNY to you and keep up your insightful thoughts in 2024;
Bring it. Always enjoy your videos and your take on things!
Thank you so much for your updates. Its mostly important informative but also surprisingly entretaining.
Wishing you and your loved ones a happy 2024 💪🙌
Jeffrey Christian says silver institute adding investment demand distorts the numbers because investment adds to above ground inventory. Thus industrial demand is being met and according to Rick rule, no one knows the extent of above ground inventory except it's likely substantial.
Buddy please remove the music from the background sorry but it is very annoying when we need to listen someone talkcat the same time. Thank you!
I’m excited for this year.
Good health and good luck to everyone.
James Thanks for all your podcasts. We became SD bullion clients this year. Our second order arrived earlier this week. Best wishes for a Happy, Healthy, and Prosperous New Year!
Wording is important. “$2000 per ounce will be classed as cheap in the DECADES AHEAD”
How many decades?
James: later this decade into next people will miss having the chance to buy gold bullion at $2k oz
@@sdbullion oh I don’t doubt that because American politicians will revalue gold to try and get that national debt down.
Keep Going! We love your vids! Always intelligent and sharp minded. Truthful, useful and on target...simply well done and worthwhile to learn from your team. THANK YOU!
Love the charts
Excellent content as always. Thank you.
Thanks for the insight and thanks for the 90% junk I recently ordered!
Great video/charts 🎉
I need Uranium bullion rounds now
I do too but you physically hold them k?
James...maybe i'll win the sweepstakes in 2024....
Only stock I have is livestock.
Institutional investors are like “meh” with respect to gold, CUZ THE FED RATE-PARTY IS BACK ON‼️🎊 It’s risk-on, baby! Buy dem stocks!
We won’t see a moonshot until/unless this everything bubble truly pops. It’s coming. It’s a certainty. The only questions are when, and what will YOU be holding when it does? 👌🏼
Just about every day there's a new or strengthening catalyst for PMs, yet price always seem to disappoint, almost like there's a rigged system holding PMs down to make fiat seem superior. At the same time anyone who makes a prediction for higher prices is considered a lunatic. Just think if you made the prediction for $1900 gold in 2000 when it was $250. You'd be laughed out of the room. Yet the catalysts for gold have increased exponentially since 2000-2011 and here we sit at the same prices. Is $15k gold possible for 2034? That's the same multiple that moved gold from $250 to $1900 in the decade following 2000. Let them laugh, we know it's just a matter of time.
SD bullion needs to sell at mexico too
👍🏼👍🏼
There’s gonna be so much silver being dumped at that $50 mark.
👍👍
2024 - the year we made a rocket out of silver and shot it to the moon.
The way I understand it and my toe is barley in the water, when figured for real inflation, not the government numbers, gold is slightly behind inflation on average. That is doing good. Silver is pretty far behind but still hanging in. You can drive yourself insane figuring in the spectrum of finances. I am using real actual experience numbers not the watered down government numbers. The real bread, milk and water bill numbers. I say metals are not quite at inflation but doing very well compared to anything else.
Remove the music it is annoying
Im going to disappear in a few weeks. With some gold, silver, platinum, diamonds and ivory. This phone is going in a trash can.
Like the movie Leave The World Behind then?
@@jasonchapa9056 never seen that movie. But yeah, just like that.
🌎🗿™️
Still lackluster compared to BTC! My PM bags are packed I’m ready to see the supposed move up.
yes it seems like 53 years ago, but I'm 53 and I wasn't born in 1980...
yea mistake -- I was born in 1979 so yea one decade off, the habit of talking about full fiat currency era got me to make the mistake off the top of my head unscripted
Gold will continue to break records, but Silver will be held under $30 for a few more years, then GONE. I plan to stack 4K moar ounces by 2028👍🏾
I disagree….2024 is OUR year. Climb in the rocket and hold on tight!
I hate to rain on everybody’s parade, but youtuber Backyard Bullion says gold and silver will NOT protect you during a financial collapse.
[ Inherent value ] / [ Counter party risk ]
You make the call .
You are correct. It protects you over time as dollar strength weakens.
I consider it as insurance to transfer my wealth into the next system. During a collapse your preps will save you
Stackcelerate