Fools Gold: Market Maverick Reveals How to Trade Gold

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  • Опубликовано: 6 ноя 2024
  • Welcome to a journey into the gold markets on today’s podcast, where I, alongside a valued member from the John Galt community, dive deep into the glittering realms of gold trading. We’re going to tackle some burning questions, slicing through the noise with sharp insights and fearless forecasts.
    Whether you're a battle-hardened trader or a curious onlooker ready to dip your toes into the gold rush, strap in. We're set to explore everything from market dynamics to cunning trading strategies, ensuring you walk away with a treasure trove of knowledge. Let the gold games begin! And dear John Galts, line-up, let’s do more…

Комментарии • 142

  • @jimmyolsenblues
    @jimmyolsenblues 6 месяцев назад +32

    This is lovely , i sit in the cheap seats so i especially appreciate this gift.

    • @dannieduplessis2432
      @dannieduplessis2432 6 месяцев назад +1

      Refer to my post...im sitting in the same seat next to you

  • @arktom7335
    @arktom7335 6 месяцев назад +33

    How does this trading stuff work? I'm really interested but I just don't know how it go about it. I heard people really make it huge trading

    • @adamalker71
      @adamalker71 6 месяцев назад

      Stacey Macken is ahead of the curve, many have not realized this yet.!

    • @tryleraaron9244
      @tryleraaron9244 6 месяцев назад

      I made a lot from last week, a vision of the effective signals alone assured me of the turnovers. all thanks to Stacey Macken

    • @raphfelimax2713
      @raphfelimax2713 6 месяцев назад

      I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week.

    • @wells7147
      @wells7147 6 месяцев назад

      I think she must be very good with crypto because she has been recommended by many RUclipsrs to learn how to trade with her.

    • @Richardson238
      @Richardson238 6 месяцев назад

      I have been on the wrong side for far long and I'm willing to make consultations to improve my situation. What is the most reliable medium to reach her please?

  • @theinflationsituation8870
    @theinflationsituation8870 6 месяцев назад +8

    It's about time there's a Acid Capitalist!! You the man, Hugh!

  • @simonsuddons5214
    @simonsuddons5214 6 месяцев назад +14

    Cannot beat Hugh's takes. Always interesting

  • @whiterabbit3439
    @whiterabbit3439 5 месяцев назад +2

    A "Geddy Lee" doppelganger today, Henry!😅. On a more solemn note, thank you for your insights/ work.

  • @CjackJamie
    @CjackJamie 6 месяцев назад +2

    Thanks so much! So much complexity and depth with a laid back attitude. Helps to cope with volatility

  • @danielduffy5642
    @danielduffy5642 6 месяцев назад +11

    Love the analysis, great work

  • @coolrecursion
    @coolrecursion 6 месяцев назад +11

    This confirms Gold has topped.

    • @bdek68
      @bdek68 5 месяцев назад

      Not possible. As long they continue to print money gold will continue to skyrocket. Period! And … I think we can all agree the money printer will continue. You can short it though😂

    • @futureoutfit
      @futureoutfit 5 месяцев назад

      How can gold top if the dollar is sinking?

    • @coolrecursion
      @coolrecursion 5 месяцев назад

      @@futureoutfit Dollar is still above 100, range bound between 103-105. No correlation to Dollar

    • @coolrecursion
      @coolrecursion 5 месяцев назад

      @@bdek68 Last bull narrative I heard is Gold is up because of Olympics 2024 gold medal demand lol. Keep harping new narratives. Gold will crash soon.

    • @homeydontplaydat8387
      @homeydontplaydat8387 5 месяцев назад

      Gold historically has always moved inversely to Gold.

  • @kb-mt7gm
    @kb-mt7gm 6 месяцев назад +8

    Thank you Hugh for this great video. Please palm trees next video time for us daydreamers

  • @chizzlemo3094
    @chizzlemo3094 6 месяцев назад +3

    Interesting stuff, with the hindsight of 4 days I disagree with almost everything, but very enjoyable discourse.

  • @conduit242
    @conduit242 6 месяцев назад +2

    Hugh, Volcker raised interest rates by announcing he was sharply controlling the money supply from 11% in Oct ‘79 to 17.61% in March ‘80, is there a reason you draw a distinction between that and Powell raising the target rate?

  • @NuggetHeads
    @NuggetHeads 6 месяцев назад +4

    The primary problem with purchasing physical gold is the fact that there's always a premium attached when buying or selling it as a physical asset. You can easily demonstrate this to yourself by simply looking at the spot price of gold then go to any online bullion dealer or an in-person bullion dealer and look at the price difference per ounce. Simple math here you are in the hole the moment you purchase physical gold and price must move beyond that percentage just for you to make a small profit. I prefer finding it.

    • @DavidClarke-kj5ky
      @DavidClarke-kj5ky 6 месяцев назад +1

      you go gold panning with the kids?

    • @conduit242
      @conduit242 6 месяцев назад +2

      He means ripping it off the necks of people. This is a common trope in the outlaw MC community…”bullion premiums”

    • @SmartestDumbGuy
      @SmartestDumbGuy 5 месяцев назад

      Bingo... this is 1 of 10 reason why bitcoin is way better.

  • @Mat-hh6hj
    @Mat-hh6hj 6 месяцев назад +15

    I sold my house in the pandemic and bought gold. Takes a strong commitment to be that foolish

    • @mytinfoilhat9801
      @mytinfoilhat9801 6 месяцев назад +5

      Did that ...I sleep well at night

    • @MrRyan83
      @MrRyan83 6 месяцев назад +3

      I sold after the pandemic after the great inflation.

    • @vktravellog1242
      @vktravellog1242 6 месяцев назад +3

      You are killing it on gold!

  • @alanmrsic893
    @alanmrsic893 6 месяцев назад +3

    Great stuff, thanks again!

  • @paulinechernick2537
    @paulinechernick2537 5 месяцев назад +1

    I enjoyed this interview! Very intelligent.

  • @samahdy
    @samahdy 6 месяцев назад +1

    Hugh, when you talk about investing in only 10% risk, do you consider t-bills "risk"?
    -JJ

  • @SurferTy
    @SurferTy 6 месяцев назад +2

    Awesome stuff as always Hugh!

  • @ls2664
    @ls2664 5 месяцев назад

    I love you and Rebel. Such a joy to watch both of your videos. Such brilliant men

  • @inbarschimko1010
    @inbarschimko1010 6 месяцев назад +4

    Love this mate you are great

  • @thehungergames8918
    @thehungergames8918 6 месяцев назад +3

    Silver 🥈 is King 👑 in the ring 🥊

  • @ripplles
    @ripplles 6 месяцев назад +5

    Great episode!

  • @jaredangell8472
    @jaredangell8472 6 месяцев назад +2

    I love this guy.

  • @jimlarkin7859
    @jimlarkin7859 6 месяцев назад +2

    If it’s possible to go long “ chaos & decentralized everything “ that’s the call optional I would but.. hope that articulates how I see things for at least 12-18 months.

  • @darrenpatto2475
    @darrenpatto2475 6 месяцев назад +4

    Thanks Hugh 👍

  • @matthew.m.stevick
    @matthew.m.stevick 6 месяцев назад +5

    Subscribed.

  • @vktravellog1242
    @vktravellog1242 6 месяцев назад +2

    This info is a gold mine! No pun intended!

  • @ianchui7711
    @ianchui7711 6 месяцев назад +3

    Hugh one push back is that the Japanese debt service is paid in yen . The Japanese can never run out of yen

  • @Fgji230
    @Fgji230 6 месяцев назад +2

    How much are those edibles selling for? 10mg thc9. Around $2.10 each. Taxes + shipping included. Incredible competition. Price of a monster energy drink.

  • @tiaanfourie3181
    @tiaanfourie3181 5 месяцев назад

    Agriculture farmland is well bid in the US and areas of proximity... In our country, South Africa, we see trading at massive discounts relative to comparable productive land in other areas...
    As example in Montana one hectare costs around $50k, in our valley the cost is around $500 - $1000... Plus if you have the capital and global income you could receive tax incentives...

  • @seancsnm
    @seancsnm 6 месяцев назад +1

    All the old timer gold investors that made it big on gold agree that miners are a horrible investment. But a great place to speculate. Remember that and never fall in love with any mining stocks you might own.

  • @JonathanTorrealba-i8c
    @JonathanTorrealba-i8c 6 месяцев назад +1

    so Hugh is now saying to invest in gold??

  • @helenachase5627
    @helenachase5627 6 месяцев назад +2

    This is interesting with 1 million as an example. I can relate to that as an example of how much to risk.
    Im all in real estate without loans because I use them as income ( airbnb, long term rentals) They are all very basic, modest homes .
    ALSO a small 200,000 pension.

    • @rodneyfungus8249
      @rodneyfungus8249 6 месяцев назад

      I couldn’t care less what an anonymous person on the internet chooses to nest in.

    • @helenachase5627
      @helenachase5627 6 месяцев назад

      @@rodneyfungus8249 I guess you're right. I must just be Journaling

  • @BarryKing-mc7vq
    @BarryKing-mc7vq 6 месяцев назад +1

    😊 Hugh, a man among men 😊

  • @gregaka4440
    @gregaka4440 6 месяцев назад +6

    There is no risk in buying gold it amuses me that people the likes of Hugh who believe they are so smart throwing up this scenario and that scenario of what might happen
    When they are actually watching a train wreck and they know it
    This whole thing has been caused by people who think they’re smart and that debt and debt creation is good thing so they dive into bad investments and they fail and then they try to cover their ass and fail again
    And yet people are still encouraging them to borrow excessively and pretend everything is alright and they’ll come out of it
    And now that nightmare has come to roost and they have dragged everyone down with them
    Gold should be way higher simply because of excessive global debt and depreciating fiat currency so if your perplexed or scratching your head about why gold is going up YOU DONT KNOW WHAT YR DOING you live in fantasy world

  • @dimitrivancamp1013
    @dimitrivancamp1013 6 месяцев назад +3

    I would much rather buy Platinum at 40% of the gold price or even Palladium after it dropped more than 70%. Might take years to a decade to make any real money from it though but at least you are not buying the precious metal that is the most overvalued relative to the others.

    • @GenXstacker
      @GenXstacker 6 месяцев назад +1

      CPM group (metal market experts) believe platinum group metals will slide long term because they are not monetary metals and are mostly used in catalytic converters in internal combustion engines.

  • @Alex-jk7xu
    @Alex-jk7xu 5 месяцев назад +1

    The issue with Hugh's strategies and outlooks is that it comes from the perspective of managing Billions. Liquidity and risk mean different things at that level. Not really applicable to your average RUclips scroller.

    • @JuanCastillo-vm1ht
      @JuanCastillo-vm1ht 2 дня назад

      True true but it's good to know so when shit does hit the fan you aren't like a headless chicken wondering what's going on

  • @michaelvanzyl8749
    @michaelvanzyl8749 6 месяцев назад +1

    Strong stock exchange but weak economy thats a problem were does profit from companies come from to pay dividents to stock holders without sales in weak or deflasionary economy

  • @Fgji230
    @Fgji230 6 месяцев назад +1

    March was hotter than feb. Feb was hotter than Jan. But april was cold. Maybe colder than jan.
    This bifurcation in economy. Tight monetary with loose fiscal. Needs to be healed.
    Was unfortunate that we had to fight down from 10%+ cpi. But what's done is done.
    We cannot rely just on fiscal spending to even maintain higher rates. Things are breaking. Like some regional banks. And commercial real estate. Housing market has stalled.
    Economy needs to get on it's own feet. Currently not able to. Rates are restrictive.
    Fed and Gov, if smart, realize the range of their policies. How much, how fast, how long. And they can fine tune it from here.
    Upcoming cpi data will be lower. To accommodate cuts before the election.

  • @denissullivan5571
    @denissullivan5571 6 месяцев назад +3

    With the US this fall, gold is the play....lets hope it doesn't

  • @scarsurfing
    @scarsurfing 5 месяцев назад

    GDX is up 18.7% this year

  • @Bob-kl3es
    @Bob-kl3es 6 месяцев назад +3

    Hugh , taking a beat on tlt?

    • @SurferTy
      @SurferTy 6 месяцев назад +1

      He bought LEAPS so there is time

  • @jimorr8263
    @jimorr8263 6 месяцев назад +3

    Don’t fall in love with her Hugh 😂

  • @mcgems754
    @mcgems754 6 месяцев назад +8

    EU handbags 👜 😂

  • @billv4072
    @billv4072 5 месяцев назад

    Long thc gummies? I'll stick with LT storage food (beans, bullets and bullion).

  • @mpiny
    @mpiny 6 месяцев назад +3

    BEST TIME TO BUY GDX NOBODAY HASET

  • @Scott-pm2qn
    @Scott-pm2qn 6 месяцев назад +6

    Who is he speaking to?

    • @moneybadger0
      @moneybadger0 6 месяцев назад +2

      A subscriber who got herself a 1-1 😊

    • @MrDamon888
      @MrDamon888 6 месяцев назад +2

      AI generated voice

    • @DavidClarke-kj5ky
      @DavidClarke-kj5ky 6 месяцев назад +1

      I wondered if it’s not the official HH and that the identity of the interviewer is being hidden 🫤

    • @TavistockLiesBrainwashing
      @TavistockLiesBrainwashing 6 месяцев назад

      AI gf

  • @tiaanfourie3181
    @tiaanfourie3181 5 месяцев назад

    Bitcoin has characteristics of a perpetual call option...

  • @almor2445
    @almor2445 6 месяцев назад +1

    Do a dragons den and lay out a million dollars in exchange for a ton of shares and a seat at the table where you can tell them how to leverage up.

    • @almor2445
      @almor2445 6 месяцев назад +1

      Then sell your stock once its well known. The vc way.

  • @ProductionJunction1
    @ProductionJunction1 6 месяцев назад

    Gold is over priced?

  • @KL-nj9oe
    @KL-nj9oe 6 месяцев назад +3

    I don’t see the US getting better and better. I see the opposite.

  • @dannieduplessis2432
    @dannieduplessis2432 6 месяцев назад +2

    I also sit in the cheap seats where as this man has made me a lot of money.
    I have my reasons not to subscribe....
    When he rambles on its wonderful.
    He has more wisdom when he has taken something...
    If only he could take a good drug & sit there for 12 hours and just talk about anything.....maybe...just maybe....it would help towards what is coming that he has no idea of *?*
    Nobody does....
    At least he is truthful that he has no idea what he is doing now along with everybody else that i talk to that has more wisdom than most.
    Oh how may we live in interesting times.
    May he be eternally blessed

    • @jimmyolsenblues
      @jimmyolsenblues 6 месяцев назад +1

      yes, i am sure something has happened to hugh. its free. take the wisdom where you find it. he is isn't chatgpt. just buy spy every paycheck that is the best investment. if you are not working of course, cash and bonds depending on how young you are is added to spy.

    • @pasqualeperri5661
      @pasqualeperri5661 6 месяцев назад +2

      They won't cut for Japan

    • @pasqualeperri5661
      @pasqualeperri5661 6 месяцев назад +2

      War cycle rearmament and inflation

    • @pasqualeperri5661
      @pasqualeperri5661 6 месяцев назад +2

      prefer Lyn Alden's explanation of fiscal dominance

  • @bradleyh1964
    @bradleyh1964 6 месяцев назад

    Huge me, some of that shit you are smoking, my brother. Love your island.

  • @tiaanfourie3181
    @tiaanfourie3181 5 месяцев назад

    #RealYieldsMatter

  • @simongrier8552
    @simongrier8552 5 месяцев назад

    I think, the fog is about to be lifted as gold and silver miners begin to rise.

  • @ttabasso
    @ttabasso 6 месяцев назад +3

    awful call on TLT Hugh - stick to telling stories about how you crushed it 2008

    • @jakw97
      @jakw97 6 месяцев назад

      Cool comment, Hugh is so out of your league its insane.
      Hes sitting in a mansion on St Barth, what are you doing?

    • @ttabasso
      @ttabasso 6 месяцев назад +1

      @@jakw97 I admire Hugh for his spirtual development _ i am sure he would be content regardless of where he is .... my point is he is very convincing - might be best to run 2/20 and then express convincing views everywhere - me i am where i want to be - with me - you ?

    • @uxpjsxu
      @uxpjsxu 6 месяцев назад

      ​@@jakw97not exactly well earnt wealth now is it? Where are the customers yachts?

    • @goober-ll1wx
      @goober-ll1wx 6 месяцев назад

      ​​@@ttabassothat was their job in finance, if you're running a book you're just a sales guy trying to bring in the fees. If they weren't doing that they'd be selling cars in Essex...

  • @tiaanfourie3181
    @tiaanfourie3181 5 месяцев назад

    Could have bought BTC st $3000 in Dec 2018...

  • @Zanzabar5
    @Zanzabar5 6 месяцев назад +6

    Gold averages up like 9% a year. How is gold a risk asset.

    • @mytinfoilhat9801
      @mytinfoilhat9801 6 месяцев назад

      6 ....not 9

    • @MrRyan83
      @MrRyan83 6 месяцев назад +2

      no 9 is correct

    • @pasqualeperri5661
      @pasqualeperri5661 6 месяцев назад +1

      Yen as falling through floor

    • @sivi9741
      @sivi9741 6 месяцев назад +1

      @@mytinfoilhat9801
      Depends which country you are I suppose …

  • @simongrier8552
    @simongrier8552 5 месяцев назад

    Bitcoin or Tulip bulbs?

  • @michaelandersonDTLA
    @michaelandersonDTLA 3 месяца назад +1

    If it wasn't for the AI hallucination man wrist (L) on the hot skinny cartoon interviewer, I would have watched this video with my pants off. And that could have caused a real problem since the Cheesecake Factory made it clear last week that it had a "pants on" policy that was non-negotiable.

  • @pjstew9331
    @pjstew9331 6 месяцев назад

    The girls AI voice is really Raoul Pal.

  • @almac9090
    @almac9090 6 месяцев назад

    Japan-“hot stock market” or currency collapse?

  • @dave7624
    @dave7624 6 месяцев назад +10

    Is he talking to an AI? What’s going on

    • @ripplles
      @ripplles 6 месяцев назад +6

      The subscriber wanted to stay anonymous

    • @DavidClarke-kj5ky
      @DavidClarke-kj5ky 6 месяцев назад +1

      I wondered if it’s not the official HH and that the identity of the interviewer is being hidden 🫤

    • @TheLiquidMix
      @TheLiquidMix 6 месяцев назад

      Probably someone from china

  • @balbaluna600
    @balbaluna600 6 месяцев назад +4

    great content, but ditch the AI floozy!

  • @inbarschimko1010
    @inbarschimko1010 6 месяцев назад +1

    Gold miners are great 👍 but not the gdx it’s crap

  • @geoffreykeown2878
    @geoffreykeown2878 6 месяцев назад +1

    this would have been good but for the fuckin stupide bloody questions

  • @goober-ll1wx
    @goober-ll1wx 6 месяцев назад

    Why would you risk more than 10%? What a dumb question, how else do you store wealth? Property? That's a risk, Gold? That's a risk, it's all dam risk!!!! Over the long term there is zero risk in stocks.

  • @Smokey_da_Bear
    @Smokey_da_Bear 6 месяцев назад

    12 mins. in and no gold talk?

  • @matthew.m.stevick
    @matthew.m.stevick 6 месяцев назад

    What is this?? 😅

  • @SunofYork
    @SunofYork 6 месяцев назад

    British Finance high flyer ends up as a bedraggled drug user/dealer on a small island.
    Had enough of this and selling my VGLT on Thursday.
    5.15% Broker CDs under FDIC 250k guarantee, widow death PUT, and non-callable for me.. Stuff gold.

  • @tiaanfourie3181
    @tiaanfourie3181 5 месяцев назад

    #StructureDominatesSkill

  • @mpiny
    @mpiny 6 месяцев назад +1

    GOLD CROSS ON US10Y HAHAHHA

  • @trueboomshakalaka364
    @trueboomshakalaka364 3 месяца назад

    Too early

  • @MrDamon888
    @MrDamon888 6 месяцев назад +2

    Computer voice of interviewer is very annoying

    • @GenXstacker
      @GenXstacker 6 месяцев назад +1

      Really? I thought it sounded very sexy.

  • @thehungergames8918
    @thehungergames8918 6 месяцев назад

    32 not 50 minutes 🧐

  • @qeitkas594
    @qeitkas594 6 месяцев назад +1

    A good investor should not listen to people who suffer from wishful thinking, are too vain, show a lavish lifestyle, only know the doom and gloom side, forgot where they came from or are 1 trick ponies. You ask yourself again where this guy fits in.

  • @hammadhaider
    @hammadhaider 6 месяцев назад +1

    Hold gold until it’s legal tender and there are no more capital gains tax in your state

  • @MichaelLoweAttorney
    @MichaelLoweAttorney 5 месяцев назад

    Only fools trade gold.

  • @jorgegomez524
    @jorgegomez524 6 месяцев назад +1

    The guy lives in an island. Should try living between the people in America or Europe to learn a few things

  • @HelnoIaint
    @HelnoIaint 6 месяцев назад +2

    A schizophrenic walks into a bar 🤣

    • @mytinfoilhat9801
      @mytinfoilhat9801 6 месяцев назад +1

      Richer then shit

    • @HelnoIaint
      @HelnoIaint 6 месяцев назад

      @@mytinfoilhat9801 yes he is doesn’t mean he knows what’ the future holds nobody does

    • @HelnoIaint
      @HelnoIaint 6 месяцев назад

      @@mytinfoilhat9801 yes he is but it doesn’t mean he knows what the future holds

  • @greri88
    @greri88 6 месяцев назад +1

    BMW is now being made in the US

  • @sb917
    @sb917 6 месяцев назад +2

    only Jesus knows what will happen tomorrow , we can assume continuation of what happened today

  • @jetplane10
    @jetplane10 6 месяцев назад +1

    Hello Hugh
    George sent me 🫠