The way that James breaks it down and explains how an inverted yield curve signals disaster is absolutely phenomenal. I think this is the best explanation I’ve ever heard.
@@korbekleeninc.974 volatility is part of the game, if you don’t understand why prices moves, do your own research you don’t know what you are talking about…therefor you won’t money either because your narrow view of reality. When doind investment you bet on a structural behavior. When especilating you are betting on hopes. You clearly like to especulate, because when things go south you believe is wrong. If you would understand the underlaying forces for gold to price you would not be thinking into the contrarian movement.
AU needs as slight correction to set a floor. Remember, the exuberance over DJT is just getting going after four years of the worst administration in my lifetime. With his plans, DJT will have to print lots and lots of fiat. Banks are failing, and the FDIC is hopelessly underfunded. More fiat will be needed to keep the nation going. Hyperinflation? Perhaps. Not to worry if you hold AU.
I’m faced with a dilemma - what to do with my $300k inheritance? Should I invest in the stock market or diversify with gold? Seeking wisdom on the best way to grow my wealth!
Buy urgently 40 x cent gold and 60 x cent silver is cheap and you will have great profits very soon in 2025 and gold is already with very good profits at the end of 2025 you will have a million for sure
Instead of putting all your eggs in one basket; diversify into different asset classes to mitigate risk. If you lack extensive knowledge, consult a financial advisor.
that's right! asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets (paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed overtime.
@kengaroo5170 Gold and silver are real money, cryptos are fiat until they start competing with sovereign currencies, and then crypto will be confiscated.
Just give it time... As an engineer, we all know that simplicity is most reliable. The fewer the moving parts, the less there is to go wrong! Gold to preserve purchasing power. That is the goal.
Always appreciate listening to and learning from Jim ... hear something new each time or get to see something I've already noticed, from a different perspective. Thank you both.
I know that woman (Mary Elizabeth Webb) If you were born and raised in new York you'd know too, No Bingle doubt she is the one that helped you get where you arell
Brilliant pod. I’m less persuaded by the gold projections - too unpredictable in a bitcoin world IMO - than the more general discussion about Money GPT and Impact of Trump presidency.
Thanks! Your video calms me down everyday, Gold has long been hailed as a store of value and a hedge against economic uncertainty, cryptocurrencies offer a new paradigm of digital scarcity, decentralization, and disruptive potential. From Bitcoin to Ethereum and beyond, these digital assets are rewriting the rules of finance, captivating investors with their unprecedented growth and innovation..managed to grow a nest egg of around 7.2Biitcoin to a decent 26.4Biitcoin. At the heart of this evolution is Alison Bruce, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment....
Rickards predicts $23,000 gold based on scenarios of extreme financial instability or a return to a gold standard, though this is a speculative and non-mainstream view. I agree with his opinion because my financial manager earlier this week made such predictions to my husband and i.
Good day Ms Vasquez, i have always wanted to start up my gain in the gold market but i have little or no knowledge at all. Do you mind telling more about your financial manager.
I am ever grateful to Marie Anne Canterbury because if not for her professional expertise when my husband and I started up our gain 6months again we would have taken great losses. Feel free to look her name up on Google as to see things for yourself.
32:45 "When the market's down 5% if a sell order comes in we're only going to execute half" Hmm, I guess I better send in twice the sell order on a big down day
The next time a government official brings up this talk about disinformation/misinformation, we need to ask them if they would subscribe to someone being arrested by the police for an alleged crime and when the accused person is taken before the court, the judge only permits the police's version of events and reaches his verdict based solely on that; because this is what the rejection of disinformation amounts to.
What is the definition of a depression? My understanding is it is a period of growth that is less than an economy is capable of. Wouldn’t that describe our economy since 2008?
@@andymorales6907 I think when gold hits 10 k silver will probably be around -70-80. They won’t move in tandem forever , people don’t realize they are not the same metal. It’s not just Silver and gold it’s just gold. Silver is the metals market . Gold is currency
Jim isnt the only one. The historical average is 13:1 -20:1. Gold reached 1:1 with the Dow jones in the 30s and then again in the 1980 run. So one ounce of gold would buy the dow jones. Its very undervalued and the stock market is over valued. Micheal Oliver, Peter Schiff, Luke Gromen, Micheal Pinto. But Jim is the one who explains the math. You should listen to Micheal Olivers videos and read his "king world news" articles about silver. He sees silver around 230$. It is the most undervalued commodity. Im not sure where that puts gold. But if they dont stop printing and spending, Jims predictions are not out of the realm of possibility.
I feel like if all of our elected leaders for the past 40 years had had J.R.’s mind and perspective, any problem we might have in the current year would be small and excessively manageable. Barely even a problem at all. But here we are.
If panels with a capacity of 400 GW are already produced annually, that is 400 million kW of panels, and each has 0.5 kW and 1 ounce of silver, so 800 million ounces of silver are used annually for the production of PV alone, and two or three times more are planned? with silver mining of about 800 million ounces annually?
In the mid 1950s Taiwan didn’t have the ability to shape a bamboo stick into a carnival cane. The bamboo was shipped to Japan to be formed. In the mid 1980s Taiwan didn’t have the ability to make a computer hard drive. Change happens faster than most are prepared for
So clear maths: 40% of M1 should correspondend to the amount of gold the country has. Suppose US, although still with a big market, but is no more the dominant economical power. Consequentially this calculation should be done for China, Russia, India and other important market weights, to get to a borader based, global value of AU!
It is possible but not probable to address the click-bait If and when there is a monetary reset, and gold is a part of the solution, it could be $50k or more, as a fiat dollar is worth less than one percent of what gold was worth on a gold standard before there was inflation in the early 20th century As far as his comments on the economy he was just being factual All of prognosticators are exuberant one way or another as a general matter
Check the company Stillwater Critical Minerals. Its market cap is 25million with an In-Situ value of 8 billion. No insider selling. The company with the highest upside I have seen yet.
From $27K to $105K in profits, and the journey Continues! With my success, I've secured a beautiful home and can now provide for my family like never before.
OK, let me get this straight world debt is at $315T and there’s only 1.9B ounces of gold in the world, so to cover world debt, the price of gold NEEDS to be north of $165k per ounce, hello!
First time i learned from Jim (and Bill) about metals as enduring currencies that compelled me to start buying, in the midst of “poverty” -- gold was 800 aud per Troy ounce. Today it’s 4050 (4300 a few days back). In between - it went up and down. Sat on it all these years, kept buying when down. Ever more so, silver. Right now conditions are proving what he and bill haven saying for decades. BRICS nations central banks are buying in shiploads as reserve. Russia has starting to add silver too / not fond by any nation before.
What this guy is getting wrong in his price guess is this: gold silver are going nowhere until the massive short position is gone. No where! The riggers need to be jailed.
We should always remember that the goal of our bank-led economy isn't to rescind the laws of economics but only to drive their economic impact as far down the economic hierarchy as possible. That's why, in the U.S., the rich always get richer and the poor always get poorer. Currently, the western bank collective has put enough pressure on China to force a major currency devaluation, making western world currencies stronger. But western world economies are collapsing like China, too, but, since the banks in that collective, especially the U.S., will see greater relative currency strength, they can lend their currencies at maximum multiplier effect to bolster their own economies. That lending will indeed be inflationary, but with that stimulus in the western economies helping create credit and saving companies that would otherwise collapse, the deflationary collapse is again postponed. This is why interest rates will have to come down-- to not discourage borrowing. The dollars created by that borrowing, along with business sustained, will keep companies and people afloat, as truly marginal businesses go under and people, under continued price pressure, too, stay under pressure. But technically the inflation will already be baked into the pie, reinforced from top to bottom by the multiplier effect and the velocity of money. This process is a form of economic warfare against China, yes, but it is also, for all intents and purposes, the "new normal" as long as that warfare persists. How, then, does one get ahead? The old-fashioned way-- by spending and consuming less and by holding on to gold and silver for the long haul. GLTA.
How high did Pirre lassonde say the price of gold would go? Pierre Lassonde, the chair emeritus of Franco-Nevada Mining, has made some bold predictions about the price of gold. He has suggested that gold could potentially reach $20,000 to $25,000 per ounce under certain economic conditions. Lassonde bases his predictions on historical trends and the potential for gold to act as a hedge against inflation and economic instability3. It's an ambitious forecast, but it highlights his long-term bullish outlook on gold. Do you think gold will reach those levels, or do you have a different perspective?
I agree with Jim, but disagree with the price. Lets face it, Bitcoin is the model of the gold price, once that goes, it will be the future price for gold.
We will not have $20,000 Gold. The US Dollar will drop in value with printing of Dollars. However, $5,000 to $7,000 gold is possible in the next 8 or 10 years. Bitcoin is a wild card that will probably rise much faster.As well as certain other Cryptocurrencies.
James , Serious question ? What kind of Weed are you smoking to get this $23000 gold price ? And whats your time frame ? Before or after all of us are Dead ?
Didn't the "American System" lead to the monopolies coming to power, because the government was giving them special, protectionist type of domestic privileges? Let's keep it real here, Jim.
HB1 visa jobs are being hired in the private sector even though they have Americans that are qualified for the job but give to a foreign person instead
Jim's thoughts on silver were unspecific and unsophisticated. sorry. 100 to 1 ratio is unlikely when gold reaches 10,000. By then if current trends continue silver will be hard to find yet still in high demmand from industry. Consumption from solar industries in China and India alone speaks for 90% coming out of the mines. Russia and other countrys are adding silver to there monetary reserves. And then there is the Military demmand, the amount is secret but it is rumored to rival solar industry. We will soon run out of silver and new mines are 10 years min from production. The ratio will most certainly reduce. And then there is Trump draining the swamp, surely the criminal bankers will have to go along with the market rigging they have been doing for 70+ years.
Has been almost 10year calling for 10k/20k... Same stuff, same clickbait highlines, same loop contents... Sick and tired, this is not information, just pleasurable entertainment. Gold at 23k imply unrest and blood on the streets, we won't go there
Here we go again. Lots of predictions. Here is a prediction he made four years ago. Jim also predicts a depression ahead that will have intergenerational effects: “We will not recover 2019 levels of output until 2023, we will not recover 2019 low levels of unemployment until 2025”
Gold should be a one to one ratio with the Dow Jones, $ 44K. Why is Bitcoin at $80K...the next cyberattack on the all banks, will have Bitcoin at Zero.
why does jim spout this 23.000 dollar and ounce for gold garbage when he knows damned well that the fiat currency is never ever going back to a gold backed issuance. especially at 40%. He just uses this erroneous prediction as clickbait.
Look, overall great podcast but, we quibble over terms.. The trick here is age, the older the better providing, you’re in possession of All faculties..? = Life Experience and History, if we can learn from it..? Coming back to the point of quibbling over terms.. Today, given the manipulation of statistical data etc for perhaps 100 years or more, we can only arrive at one conclusion.. When we say recession they really mean depression. That’s where we are.. Stagflation in the shorter term very much on the horizon and then.. When one frames this in this manner, the rapid rise of precious metals is easy to understand. We haven’t really started yet. Hard Assets - Insurance first and foremost. Preserve your purchasing power and wealth. The beauty here this time is the speculative aspect..It’s unique because it’s global for the first time. Get ahead of the wave. Digital currency is a trap for the average person. Good Luck 🏄♂️
Why would you only want 40% backing why wouldn't you make it 100% backing pay off all the debts and deficits of the United States how to reset the monetary system. But then the complaint would be well then you would use up all your gold well then double the price use up half your gold keep the other half and start mining it again
it would be more believable saying 8 grand or something. i dom think both will eventually go up and we may be in a reser in prices. the US has little choice but to lower rates with trillion dollar interest payment and an unwanted stronger dollar.Trump hired some weak dollar guys and Fed cowered in 2018
So what are you saying Jim? We 're already bankrupt & in a recession or worse a depression but don't fully know it yet but will once nobody can get money out of bank or gas goes to 10 $'s a gallon overnite. It'spossible ,hope it doesn't happen that soon!😅😮
So Please by all Means Show your 5th grade math James... Nothing interesting about this . Clown Interview. How about SHOWING YOUR MATH Based on what you said is the Money supply.. You cant can you because you have ZERO CLUE... UN REAL.. Still trying to pretend like all these So called Gurus..
LMAO the suckers getting conned into SHITCOIN will face reality soon enough, They are about out of new suckers to keep the Ponzi scam going. Get out before you lose it all.....only SUCKERS are still in the queue.
Gold is not going higher. The dollar is heading lower and that makes gold appear to rise in value. The current gold market consolidation is very normal. The rise in Bitcoin is because Tether has been buying up Treasuries and this is an associated inflating of values. That has placed gold on the side burner as momentum has shifted to cryptos. Watch for major purchases and delivery taken of physical metals.
@@royshaft Oh, if gold is the measure of not being a sheep I'm most definitely not a sheep. Guess I'd be concerned about the sheep's wellbeing, I'll be fine.
The way that James breaks it down and explains how an inverted yield curve signals disaster is absolutely phenomenal. I think this is the best explanation I’ve ever heard.
first step to $23,000 gold would be for the price to stop falling
@@korbekleeninc.974 volatility is part of the game, if you don’t understand why prices moves, do your own research you don’t know what you are talking about…therefor you won’t money either because your narrow view of reality.
When doind investment you bet on a structural behavior.
When especilating you are betting on hopes.
You clearly like to especulate, because when things go south you believe is wrong. If you would understand the underlaying forces for gold to price you would not be thinking into the contrarian movement.
He wanted to say correction towards 2300
😂
@@korbekleeninc.974 omg it’s been 2 days 🤪
AU needs as slight correction to set a floor. Remember, the exuberance over DJT is just getting going after four years of the worst administration in my lifetime. With his plans, DJT will have to print lots and lots of fiat. Banks are failing, and the FDIC is hopelessly underfunded. More fiat will be needed to keep the nation going. Hyperinflation? Perhaps. Not to worry if you hold AU.
I’m faced with a dilemma - what to do with my $300k inheritance? Should I invest in the stock market or diversify with gold? Seeking wisdom on the best way to grow my wealth!
Buy gold or silver , govt has failed us. i have about 2,150 ozs. of gold . buying more soon
150k gold 150k silver Physical!!😊
Buy urgently 40 x cent gold and 60 x cent silver is cheap and you will have great profits very soon in 2025 and gold is already with very good profits at the end of 2025 you will have a million for sure
Instead of putting all your eggs in one basket; diversify into different asset classes to mitigate risk. If you lack extensive knowledge, consult a financial advisor.
that's right! asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets (paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed overtime.
The best interview from Jim in a long time, very informative.
Gold should be as high as Bitcoin.
That is what I have been thinking too.
Bitcoin is the new fiat until it isn't. What's China, Russia, and India buying?
@@EspecialDelivery I think if Gold was revalued at Bitcoin levels 🤔 we'd have no financial problems.
@kengaroo5170 Gold and silver are real money, cryptos are fiat until they start competing with sovereign currencies, and then crypto will be confiscated.
Just give it time... As an engineer, we all know that simplicity is most reliable. The fewer the moving parts, the less there is to go wrong! Gold to preserve purchasing power. That is the goal.
If the day comes when gold is worth $23k/oz a can of soda is going to cost $35
and 3 dollars will still be 3 dollars .... soda costs 3aud :)
You wouldn’t be able to sell any sodas over $5. Demand would collapse.
Are you really willing to pay that amount? No, nobody would; it's ridiculous.
@@LayneRose-gr1hq wages would triple , all relative.
@@Stevah00 wages will grow , all relative.
Always appreciate listening to and learning from Jim ... hear something new each time or get to see something I've already noticed, from a different perspective. Thank you both.
Thank lord Jesus for $75k that biweekly changed my mindset and behavior, my goals, my family and I've to say this video has inspired me a lot!!!!🙏❤️
I'm feeling really motivated. Could you share some details about the biweekly topic you brought up?
Thanks to my co-worker (Alex) who suggested Ms Mary Elizabeth Webb.
WOW I know her too! Miss Ms Mary Elizabeth Webb is a remarkable individual whom has brought immense positivity and inspiration into my life.
I got started with a miserly $7000. The results have been mind blowing I must say TBH!!
I know that woman (Mary Elizabeth Webb) If you were born and raised in new York you'd know too, No Bingle doubt she is the one
that helped you get where you arell
Brilliant pod. I’m less persuaded by the gold projections - too unpredictable in a bitcoin world IMO - than the more general discussion about Money GPT and Impact of Trump presidency.
I'd rather own gold though when the digital world starts glitching or fails.
Jim is a King of explaining complex systems in action
Thanks! Your video calms me down everyday, Gold has long been hailed as a store of value and a hedge against economic uncertainty, cryptocurrencies offer a new paradigm of digital scarcity, decentralization, and disruptive potential. From Bitcoin to Ethereum and beyond, these digital assets are rewriting the rules of finance, captivating investors with their unprecedented growth and innovation..managed to grow a nest egg of around 7.2Biitcoin to a decent 26.4Biitcoin. At the heart of this evolution is Alison Bruce, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment....
Got a chance to benefit from her services a few weeks ago and it has been a very smooth experience.
I’ve seen many positive comments about Alison Bruce. Can someone guide me on how to reach her?
Access to good information is what we investors needs to progress financially and generally in life. this is a good one and I appreciate
Alisonbruce… that’s her name on
TE LEGRAM…
Rickards predicts $23,000 gold based on scenarios of extreme financial instability or a return to a gold standard, though this is a speculative and non-mainstream view. I agree with his opinion because my financial manager earlier this week made such predictions to my husband and i.
Good day Ms Vasquez, i have always wanted to start up my gain in the gold market but i have little or no knowledge at all. Do you mind telling more about your financial manager.
I am ever grateful to Marie Anne Canterbury because if not for her professional expertise when my husband and I started up our gain 6months again we would have taken great losses. Feel free to look her name up on Google as to see things for yourself.
Fantastic discussion w Jim Richards! Great takeaways!
JAMES RICKARDS ❤
Excellent report 👍👍👍👍👍👍
32:45 "When the market's down 5% if a sell order comes in we're only going to execute half"
Hmm, I guess I better send in twice the sell order on a big down day
How do they pick whose order they will execute? Citadel’s or some random retail investor’s? Guess.
A mini lesson in economics.
I like his math and 25k gold but who’s to say how much we actually have in the vaults?
Its all in the ground in Grand Canyon
@@ronaldmiller3619 I doubt that, but I really think it is a little fishy how they have not evaluated and recorded how much gold we have
Thank you Jim. We always learn something new from you.
The next time a government official brings up this talk about disinformation/misinformation, we need to ask them if they would subscribe to someone being arrested by the police for an alleged crime and when the accused person is taken before the court, the judge only permits the police's version of events and reaches his verdict based solely on that; because this is what the rejection of disinformation amounts to.
Gold will not be a bubble, I hope.
The Gov’t Bots are in the chat!!
What is the definition of a depression? My understanding is it is a period of growth that is less than an economy is capable of. Wouldn’t that describe our economy since 2008?
A depressed perioud of growth, we have been in one since 2008 correct
jim thinks silver to gold ratio will be at 100 to 1 , with his 10k gold +100$ silver .. ... he gets a lot right but i cant see that being right
We are at 1:80+ for quite prolonged periods of time with the world functioning just OK. Would extra 15-20 points make that much difference?
@@andymorales6907 I think when gold hits 10 k silver will probably be around -70-80. They won’t move in tandem forever , people don’t realize they are not the same metal. It’s not just Silver and gold it’s just gold. Silver is the metals market . Gold is currency
Jim isnt the only one. The historical average is 13:1 -20:1. Gold reached 1:1 with the Dow jones in the 30s and then again in the 1980 run. So one ounce of gold would buy the dow jones. Its very undervalued and the stock market is over valued.
Micheal Oliver, Peter Schiff, Luke Gromen, Micheal Pinto.
But Jim is the one who explains the math. You should listen to Micheal Olivers videos and read his "king world news" articles about silver. He sees silver around 230$. It is the most undervalued commodity. Im not sure where that puts gold. But if they dont stop printing and spending, Jims predictions are not out of the realm of possibility.
I think silver will go up way beyond $100 in value.
I feel like if all of our elected leaders for the past 40 years had had J.R.’s mind and perspective, any problem we might have in the current year would be small and excessively manageable. Barely even a problem at all. But here we are.
It doesn,t make sense to express the price of AU in $ if you don,t know the price of a Big Mac at that moment.
when was it recorded?
If panels with a capacity of 400 GW are already produced annually, that is 400 million kW of panels, and each has 0.5 kW and 1 ounce of silver, so 800 million ounces of silver are used annually for the production of PV alone, and two or three times more are planned? with silver mining of about 800 million ounces annually?
In the mid 1950s Taiwan didn’t have the ability to shape a bamboo stick into a carnival cane. The bamboo was shipped to Japan to be formed. In the mid 1980s Taiwan didn’t have the ability to make a computer hard drive. Change happens faster than most are prepared for
Excellent interview
So clear maths: 40% of M1 should correspondend to the amount of gold the country has.
Suppose US, although still with a big market, but is no more the dominant economical power. Consequentially this calculation should be done for China, Russia, India and other important market weights, to get to a borader based, global value of AU!
I love the Fallacy of Composition analogy.
Esp since it drives me crazy that people stand up at games as if it will help their view.
It is possible but not probable to address the click-bait
If and when there is a monetary reset, and gold is a part of the solution, it could be $50k or more, as a fiat dollar is worth less than one percent of what gold was worth on a gold standard before there was inflation in the early 20th century
As far as his comments on the economy he was just being factual
All of prognosticators are exuberant one way or another as a general matter
川普要比特幣本位.用比特幣還國債.比特幣總值大於美國國債吧.
不過就是比特幣持有者被割韭菜.美國會拿一大堆美國爛印的鈔票.
當成同等價值補給你.發財了.比特幣被美國控制後.愛加幾個0就加幾個0連印鈔成本都省了.
原本1oz10萬美金的黃金漲幅.都跑到比特幣那裏去了.當全世界政府知道美國又亂搞之後
黃金才有機會漲不停
美國不會讓黃金大漲.來抵銷美國債務..美國真實的黃金儲備可能在3000噸.早不是50年前的8133噸
一旦美國讓黃金大漲.持有最多的黃金敵對國家.俄羅斯中國中東.就會發大財
Check the company Stillwater Critical Minerals. Its market cap is 25million with an In-Situ value of 8 billion. No insider selling. The company with the highest upside I have seen yet.
From $27K to $105K in profits, and the journey
Continues! With my success, I've secured a
beautiful home and can now provide for my
family like never before.
Assets that can make one successful in life
I. Forex
2.Stocks
3.Shares
forex is profitable and lucrative investment online
@@AlexJames893You are right.
But I don't know why people remain poor due to ignorance
Notice how all these videos about gold going to the moon only seem to come out when gold is tanking?
In order for that to happen currency like Euros , US dollars, pounds, yen should be falling down to unimaginable value and BRICS value to short up
Love Jim, great interview
OK, let me get this straight world debt is at $315T and there’s only 1.9B ounces of gold in the world, so to cover world debt, the price of gold NEEDS to be north of $165k per ounce, hello!
Try $23 gold because that’s where it’s heading.
Jesse, it would be great if you could tomshort takes on free speech, small military for defense etc. Great interview.
23000 gold says the dude who said that Big Mike would be president in 2024.
Jim Richard’s has never given me anything more than word salad!
eat it up than
he called the recent US election 100 percent.
First time i learned from Jim (and Bill) about metals as enduring currencies that compelled me to start buying, in the midst of “poverty” -- gold was 800 aud per Troy ounce. Today it’s 4050 (4300 a few days back). In between - it went up and down. Sat on it all these years, kept buying when down. Ever more so, silver.
Right now conditions are proving what he and bill haven saying for decades. BRICS nations central banks are buying in shiploads as reserve. Russia has starting to add silver too / not fond by any nation before.
So are you buying 10 year T bills now selling for 4.6 Yield ? I dont think so...
Gotta play this interview at 1/2 speed..
Fast talking jive… jk
Good stuff
I remember a interview when he said gold would be 14k by the end of 2024
I guess for those that took his advice are still up right now 😊
What this guy is getting wrong in his price guess is this:
gold silver are going nowhere until the massive short position is gone. No where! The riggers need to be jailed.
think they mean 2300
We should always remember that the goal of our bank-led economy isn't to rescind the laws of economics but only to drive their economic impact as far down the economic hierarchy as possible. That's why, in the U.S., the rich always get richer and the poor always get poorer. Currently, the western bank collective has put enough pressure on China to force a major currency devaluation, making western world currencies stronger. But western world economies are collapsing like China, too, but, since the banks in that collective, especially the U.S., will see greater relative currency strength, they can lend their currencies at maximum multiplier effect to bolster their own economies. That lending will indeed be inflationary, but with that stimulus in the western economies helping create credit and saving companies that would otherwise collapse, the deflationary collapse is again postponed. This is why interest rates will have to come down-- to not discourage borrowing. The dollars created by that borrowing, along with business sustained, will keep companies and people afloat, as truly marginal businesses go under and people, under continued price pressure, too, stay under pressure. But technically the inflation will already be baked into the pie, reinforced from top to bottom by the multiplier effect and the velocity of money. This process is a form of economic warfare against China, yes, but it is also, for all intents and purposes, the "new normal" as long as that warfare persists. How, then, does one get ahead? The old-fashioned way-- by spending and consuming less and by holding on to gold and silver for the long haul. GLTA.
Did you consider the gold held by the public in your 23k value for gold.
So "inversion" means crossing the line. Opposite means recrossing said line. Like DNA.
Just imagine how poor USA would be if the Chinese sent goods completely for free!
How high did Pirre lassonde say the price of gold would go?
Pierre Lassonde, the chair emeritus of Franco-Nevada Mining, has made some bold predictions about the price of gold. He has suggested that gold could potentially reach $20,000 to $25,000 per ounce under certain economic conditions. Lassonde bases his predictions on historical trends and the potential for gold to act as a hedge against inflation and economic instability3.
It's an ambitious forecast, but it highlights his long-term bullish outlook on gold. Do you think gold will reach those levels, or do you have a different perspective?
I agree with Jim, but disagree with the price. Lets face it, Bitcoin is the model of the gold price, once that goes, it will be the future price for gold.
Bitcoin and gold have nothing in common. Bitcoin is a worthless speculative asset
BITCOIN HAS NO VALUE 0
Might head to 106:1 (gold/btc)
We will not have $20,000 Gold. The US Dollar will drop in value with printing of Dollars. However, $5,000 to $7,000 gold is possible in the next 8 or 10 years. Bitcoin is a wild card that will probably rise much faster.As well as certain other Cryptocurrencies.
bitcoin and any other crypto will face the sad reality with the quantum computing deployed at scale for the end user.
James , Serious question ? What kind of Weed are you smoking to get this $23000 gold price ? And whats your time frame ? Before or after all of us are Dead ?
Didn't the "American System" lead to the monopolies coming to power, because the government was giving them special, protectionist type of domestic privileges? Let's keep it real here, Jim.
Big guest. Making the rounds selling his new book. But still, big guest.
Crypto, easy up easy down. Fraud.
Spoken truly like someone who knows absolutely nothing about the subject.
CRYPTO ETH BITCOIN IS JUST ANOTHER PONZI SCHEME FOR DONATIONS
STAY AWAY FROM GAMBLING 🎰
@@villhelmCRYPTO HAS NO VALUE 0
GAMBLING 🎰 LAS VEGAS
@@villhelmare holders using their Bitcoin to purchase or must they convert it to dollars first?
Cryptos are a Ponzi Game
In whose lifetime?
Credit is going to DRY UP As so many banks get Clobbered which will make interest rates go higher. Much higher.
That sounds like a dark pool
And yet it keeps going down but ant minute $50,000 per oz
HB1 visa jobs are being hired in the private sector even though they have Americans that are qualified for the job but give to a foreign person instead
...too much words for almost nothing.
Nobody can predict the future. Guessing and sounding intelligent helps but take it with a grain of salt.
Tariffs on a 160m market vs China building and selling to their own 600m market.
Jim's thoughts on silver were unspecific and unsophisticated. sorry. 100 to 1 ratio is unlikely when gold reaches 10,000. By then if current trends continue silver will be hard to find yet still in high demmand from industry. Consumption from solar industries in China and India alone speaks for 90% coming out of the mines. Russia and other countrys are adding silver to there monetary reserves. And then there is the Military demmand, the amount is secret but it is rumored to rival solar industry.
We will soon run out of silver and new mines are 10 years min from production. The ratio will most certainly reduce. And then there is Trump draining the swamp, surely the criminal bankers will have to go along with the market rigging they have been doing for 70+ years.
COME ON MAN! NO 8100 TONS JIMMY BOY
Has been almost 10year calling for 10k/20k... Same stuff, same clickbait highlines, same loop contents... Sick and tired, this is not information, just pleasurable entertainment. Gold at 23k imply unrest and blood on the streets, we won't go there
Here we go again. Lots of predictions.
Here is a prediction he made four years ago.
Jim also predicts a depression ahead that will have intergenerational effects: “We will not recover 2019 levels of output until 2023, we will not recover 2019 low levels of unemployment until 2025”
$23,000 gold?😂😅😅😅
Gold should be a one to one ratio with the Dow Jones, $ 44K.
Why is Bitcoin at $80K...the next cyberattack on the all banks, will have Bitcoin at Zero.
why does jim spout this 23.000 dollar and ounce for gold garbage when he knows damned well that the fiat currency is never ever going back to a gold backed issuance. especially at 40%. He just uses this erroneous prediction as clickbait.
Frankenstein's monster is AI?
Is he aware that it's fiction?
And the monster's brain is supposed to be human
Look, overall great podcast but, we quibble over terms..
The trick here is age, the older the better providing, you’re in possession of All faculties..? = Life Experience and History, if we can learn from it..?
Coming back to the point of quibbling over terms..
Today, given the manipulation of statistical data etc for perhaps 100 years or more, we can only arrive at one conclusion..
When we say recession they really mean depression. That’s where we are.. Stagflation in the shorter term very much on the horizon and then..
When one frames this in this manner, the rapid rise of precious metals is easy to understand. We haven’t really started yet.
Hard Assets - Insurance first and foremost. Preserve your purchasing power and wealth.
The beauty here this time is the speculative aspect..It’s unique because it’s global for the first time. Get ahead of the wave.
Digital currency is a trap for the average person.
Good Luck 🏄♂️
gold just bled out almost 300 bucks in a couple weeks. chill out
so what... it makes perfect sense it went down
@@gavigaviman corrections V
Why would you only want 40% backing why wouldn't you make it 100% backing pay off all the debts and deficits of the United States how to reset the monetary system. But then the complaint would be well then you would use up all your gold well then double the price use up half your gold keep the other half and start mining it again
No answer about silver, strange.
Currency is saved by trump. Gold looks good at 900. Just a random number. Only so many teeth to fit with gold
make sense
5000 i believe but 23000😅
Two sides of the same burp !
it would be more believable saying 8 grand or something. i dom think both will eventually go up and we may be in a reser in prices. the US has little choice but to lower rates with trillion dollar interest payment and an unwanted stronger dollar.Trump hired some weak dollar guys and Fed cowered in 2018
Bubble is easy to spot, bs,, is bitcoin a bubble, now ?
So what are you saying Jim? We 're already bankrupt & in a recession or worse a depression but don't fully know it yet but will once nobody can get money out of bank or gas goes to 10 $'s a gallon overnite. It'spossible ,hope it doesn't happen that soon!😅😮
Bitcoin, stop put money on it and it will desepear 😂 pyramidal crime that all😂 good luck , don,t forget the electricity bill as well😂
Sorry can't watch today. Jim has been getting everything wrong the last few years CPI etc
100% backing and we own the earth
His climate opinion shows him up as a misinfo merch every time
So Please by all Means Show your 5th grade math James... Nothing interesting about this . Clown Interview. How about SHOWING YOUR MATH Based on what you said is the Money supply.. You cant can you because you have ZERO CLUE... UN REAL.. Still trying to pretend like all these So called Gurus..
Gold won't, but Bitcoin will hit 100k soon.
LMAO the suckers getting conned into SHITCOIN will face reality soon enough, They are about out of new suckers to keep the Ponzi scam going. Get out before you lose it all.....only SUCKERS are still in the queue.
Of course. There's so much pollution in this world and have you seen how people drive these days.
I agree with you. Is the madness or the PONZI game
Ai is a joke so is the gab
Scientifically stupid
your headlines are a joke.
👍🙏🖖
Gold is not going higher. The dollar is heading lower and that makes gold appear to rise in value. The current gold market consolidation is very normal. The rise in Bitcoin is because Tether has been buying up Treasuries and this is an associated inflating of values. That has placed gold on the side burner as momentum has shifted to cryptos. Watch for major purchases and delivery taken of physical metals.
Love gold, but when gold gets to $23,000 a dozen eggs will cost $50.
And i will be able to afford eggs !
Why are you concerned about the sheep ?
Have Gold , don’t be a sheep.
@@royshaft Oh, if gold is the measure of not being a sheep I'm most definitely not a sheep. Guess I'd be concerned about the sheep's wellbeing, I'll be fine.
@@johnhamlett8414 They will be rather annoyed with you , and will covert your shiny and harm you to possess it .
$10K Gold spells $100 Silver??? Done listening. He's insane.
Your joking . Right?
@@Bob-kl3es $10K Gold is $250 Silver. There. Better?
@@trevordowney6425 Better. But what's more important is the value of gold. Likely 2 OZ will buy the Dow.