The Fed is undoubtedly responsible for the present catch-up efforts, as they were first too slow to control inflation. The pandemic, supply-chain issues, are all contributing reasons to the impending inflationary perfect storm. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas...
Let's face it... buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k i want to transfer into an s&p but its hard to bite the bullet and do it.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
There are many independent advisors to choose from. But I work with Vivian Jean Wilhelm and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her.
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
The issue is most people have the “I want to do it myself mentality” but not equipped for a crash that comes afterwards. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 300%, summing up nearly $1m, since covid outbreak to date
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Harris lacks the exposure to tackle the economic situation of this country. Trump is more open minded to trying out new things. At this point I don't know who will win. Am I better off re-investing into Gold as it seems stocks are a little too unstable right now?
Nibbling on heavy red days has proven to be fruitful for me, these days I’m extremely attentive we are entering an unusual market (distort) economy. That doesn't mean that you can't unravel opportunities in every sectors, you can but you should be considering rewarding options to 10x in excess like adding Gold. It would be a vast awareness to align under a top performer for easy earning picks. I did the same and it works.
I've experimented with a few over the past years, but I've stuck with ‘’Victoria Louisa Saylor ” and her performance has been consistently impressive. She’s quite known in her field, look her up.
The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
Is this a good time to buy stocks? I know everyone is saying stocks are at a discount and all, but just how long will It take to recover, or am I better off putting my money elsewhere. I need a lot as rent, inflation alone eat up almost all of what I make, with dependents and other obligations included. Tbh it's an uncertain year for me.
people calling stocks momentum a flunk aren't considering the long run. The companies themselves have not changed, it's the market that changed. Steady as it goes, and it'll regroup in weeks.
If you are not too savvy with the market, it’s the best time! just buy and hold on strong companies or best you seek out areas within sectors that can help you sustain a balance in both growth and value overtime. In certain cases, it's even wiser to speak with a smartvestor to determine options best meant for you, I personally did this, and it works pretty well.
right now I’m being focused on renewable energy, semiconductors, Ai chips which will be hugely integral on every sectors in the coming years. an absolute power move right now.
This man is very smart he understands all the logic and analytical details instead of just going based off of what he feels or wants to happen. I feel like I’m listening to a scientist talk about a research experiment lol.
The current market/economy is unnecessarily tougher for boomers/senior citizens, I’m used to just buying and holding assets which doesn’t seem applicable to the currentrollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
Gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my fin-planner momentous changes in the market are lightening quick, cos who know how much losses I would’ve had by now.
I envy you, I’m still trying to recover from losses I incurred in 2022/2023, who is this investment adviser you work with, I’m intrigued and I could use some quality guidance
I have used the same money manager for close to 10 years. We got in fairly early with a modest amount of money. we are lucky to have Jennifer look after it diligently like she has done the past 8 years.
You would not love that if it happens before 2030. Silver to $40-50 next year is great news (unless you’re not done buying). North of $100 unless it happens 2035 or later is bad news
If gold soars to $8000 within the next 12 months then we are looking at hyperinflation on the horizon. Either way it seems we are screwed and collapse is inevitable.
8x gold from the modern break level (1900-2000 USD) level is actually 16,000 usd. Which compared to modern digital fairy dust at 50-60 thousand (Bitcoin) gold at 16 grand is still fairly conservative.
Gold and Silver are "outside the system" savings accounts for me and only buy on huge dips like we have seen recently. Buying Gold and Silver keeps me from spending money on silly and unnecessary purchases. Holding physical Gold and Silver allows me to quickly pull in emergency needs and sell at my LCS and walk away with cash when needed. Not looking for it to moon and get rich off the purchases
History always repeats Itself, last time Gold drop 33%, I hope not but I’ll buy on the low dip. Silver it’s stuck at $30 ounce but Gold reaching highs!!! Gold is true wealth & preservation of wealth for the long run.
@@teamplayer1634 I have only been stacking for Two years, strong & steady on Silver & Gold. Your experience if it pops will the Precious Metals be affected at the same time in price. Will the markets take big hit, basically to control Silver & Gold Price?
Silver is kept low due to its critical use in technology. Think of all the trillions in market caps that need silver for their technology? They don't need gold. Gold is a proxy against central bankers. Silver is one of the most important metals in a technological future that there is. It must be #1 obtainable from a supply POV by tech companies and secondly reasonably priced. If price shoots up, so does competition for supply. It's not that they can't afford paying higher prices... but if physical supply dries up, THAT is the issue. Watch TSLA buy a silver miner and privatize the production for their own needs. THEN things will get nuts FAST!
I have my interests set on market sectors based on performance and projected growth, such as the EV sector, renewable energy, Tech, and Health. Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE
spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation
@@TheMostSlyFoxGold will not drop, it’s going higher. Maybe not $8000, but at least $3000 more n 2-3-4 months..! And it will keep going up, a little down, but too much high. I’ll say you’re wrong I’m “Gold going down!”
People need to be stocking food so you dont have to sell your stack to feed yourself or your kids... Who controls the food and water controls the people...
@@Bemmuu-p3m growing takes time and is not something that provides food now if you are not already growing or in the dead of winter... It only takes about 4 or 5 days of not eating before you trade all your gold for one meal...
@@derkong7114 That's why you maintain crops on land if you have it. My neighbor has a very small garden and grows enough for 8 kids. And you grow more to have more in the winter. Most of society doesn't do this, correct, but I'm not sure why you came at me saying what you did. Anyone who promotes land, should understand how to use the land. If not, why do you own it.
Just don't stack too much of it in your own ship, or you'll go down with it. Do you seriously believe gold is going to $8000? Or $10,000 or more an ounce? Why? Will the Great Reset do that to get the US out of $135 TRILLION of debt? Sorry for my skepticism. But, yes, the US is the Titanic.
Michael is a fantastic interview guest and very wise. Personally I would have enjoyed looking at some of the charts, indicators and patterns he is talking about
I have been aggressively buying gold since July 2024. Bought 2.5 oz in July on a pullback because of a hot jobs number and thought it was BS since California had one of the highest unemployment rates in US. My bigger concern is in the next recession we tend to go into more debt and believe a debt downgrade is possible. Also the Fed is no longer fighting inflation to save the economy however I think everyone underestimates by doing this we will create a weaker dollar hands higher gold prices
The old man (gold) is a solid play. I "was" going to sell at $2500 but now I'm waiting to sell (some) at $3000. It's been a long ride.... You are beyond wise to own gold, buy it, put it away and in decades from now, you'll be thankful. The dollar/gold correlation is waning, if you're keeping score.
Weird seeing others perspective....never have I seen metals as an investment, but a safe haven...unless you're pulling out of the ground it'll never profit much more than you paid, pending on the premium if you're holding physical.
@@AKthehardway907 I have always considered gold a decade(s)-long hodl; the old man (gold) is not a get-rich-scheme; it's wealth protection. I remember the "big news" when gold hit $500. $1000? wow here we are at $2500. I was going to dump some along the way higher; but maybe at $3000.
Gold may go down with the ship, but gold won't stay down for long! Governments and nearly 8 Billion people are clamoring to get Gold! Got Gold! Thank You, Mr. Oliver, and Soar Financially!
Not possible for gold to go down with the ship. The ship's value is based on gold. People have just forgotten the difference between currency (the dollar) and money (gold) because the value of everythning has been based in dollars for generations. When the dollar tanks, gold won't go with it.
They will switch the trading machines off and stop customers from selling off the equities. Maybe left off for months depending on how large the the run towards the exit door is likely to be.
Can’t predict the market myself, but we live in unusual times and a perfect storm for a major correction. I have no idea what will trigger it? More likely we will have a handful of tumultuous drops and rebounds before a big drop. No idea if it will happen in next few months or in Q1 2025, but this isn’t sustainable.
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
Great channel. Can you bring on Simon Hunt ? Simon predicted the S&P to 3000 in 2023 , the more fear and doubt will motivate sellers to complete thier good work
if gold and stocks go to zero you can bury them both in the backyard.........dig them up in the future and the gold will still have value whilst the stocks went to zero and are worthless.
I own gold. I call gold the "old man." The old man doesn't give a fuck... btw. As a young man back in the 90s, I just wish I had bought "more." OH WELL
Powell should be nervous about job losses ( how about the under reporting of 812,000 job losses for last year ending in March) , not for just the low to medium wage earner , but the high to very high wage earner is getting let go at an alarming rate and those folks have already pulled in the spending reigns and now the credit card is not being used as before , only essential purchases ! Those that make six figures are watching folks get let go at an alarming rate and can only wonder when will the axe fall on my neck ! So, lower sales across the retail landscape is absolutely certain !
If it goes to $8000, the government will step in and take a large chunk in capital gains. I’m not sure how we little people can win this one but we can hope!
If government attempts to do that the smart people will just hold . . . That is if they own PHYSICAL! Paper Gold is toast! Stop being negative and buy physical
@@MS-li5tpThat for people with over 100 million dollars. Do you have that? Do you know anyone like that? And trust me its not going to happen. And say it did those folks that have 100 million dollars will be just fine. Did fox fail to mention all of that?
Reports on solar panels always shed light on the use of silver. To my understanding the manufacturer's have tried to minimize the use of silver by coating copper with silver in the design. In order to transport the power from the panels you need copper wire and battery/grid hook-up. Is there any data where we can project the increase in copper usage or copper demand based on this? How much copper is used in a solar farm, both in the panels and in the energy infrastructure it requires to build a farm and convert it to usable electricity? What does this data look like?
A few weeks ago the yen carry trade failed with around a 1/4 point interest rate increase by Japan. Will the same thing happen if the US drops the interest rate by a 1/4 point? The math adds up to me
As for Barric Gold, they will likely have to raise their dividend before their price can recover. Up till 2 yrs ago Barric had decent dividends. But currently Barric still has their dividend at the level of the gold price depression of 2 yrs ago.
If the true price of gold was allowed to be reflected, given all the debt that US alone has, it would be close to $1m/oz. Which is insane. $8k is nothing given the level of debt.
Question? Do you think this Global Economic Crash will cause the reliable four BIG Australian Banks, to stop customers from withdrawing money?? Or are we just talking about people who have savings with US Banks?
Місяць тому+9
Digital Currencies, Fiat currencies and stocks belong to the same fantasy.
The gdx is producing stocks, but what about high quality exploration stocks. I really want to know what exploration stocks will do cause that's what im taking a chance on. Gold but they have some silver too, which will be needed very soon. Michael you talk and he lets you. When he asks you a question dont run him over. Let him finish Mike
The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals??
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments. Nevertheless, seeking guidance from an investment planner might be necessary if you desire a more assertive return.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated over $800,000.
I will like to ask, How did you achieve it? I been trying to stick with index funds. I feel this new interest rates hikes could crash this economy. I'm looking out for a better investing strategy, I have a lump sum that inflation is steady eating up.
Finding financial advisors like Marisa Michelle Litwinsky who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Marisa has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.
I'm also wondering if this will really play this time. We've been hearing gold and silver will break out for years. They did to a small extent in the last 6 months with gold eventually climbing to $2500 and silver hitting $32 for a while. Only one small indication makes me think this "might" be true and that was the stock, GOLD, which had an over 35% breakout from around $16 to over $20. Of course I dumped the stock like 3 months earlier because it wasn't doing much and had too many downswings. Typical luck for me. 🤦♂
35 TRILLIONS US -DEBT (= the official number! ). Can you ever imagine how much money that is ?? ( It means a sum of 35000 BILLIONS !! ). But that is only the appearance of visible debt. Insiders ( for instance: US-Investor Jim Rogers ) however proclaim that the real amount of total US debt is somewhat close to 200 TRILLIONS !!! That's the real face of the US and not those fairy tales in movies and superhero comics. People, beware of the „Greenback“ !! You will lose everything .
Kai could you leave a little the US only view and ask what people see for other currencies? You might remember that experts said "all will go down as all are USD backed" - this I always doubted. But now with BRICS less using USD etc - is this 8000 number a naked USD one? Or will it be an equally huge rise for strong currencies like (the Euro?) say Asian ones. I stayed in countries with huge inflation. If US goes that way - 8000 means nothing. Zeroes were lost every now and then - Meticais in Mozambique or Bolivar in Venezuela. Dankeschön für Michael!
.25 hardly seems substantial -- isn't there a one-year lag effect on the general economy? so if it takes maybe 6 months to get substantial lowering of rates, we wouldn't start seeing real improvement until maybe '26 right? hmmm
@@issenvan1050 When The Fed was stating, they were penciling in cuts.All the way back in twenty twenty three gold would shoot up every time despite nothing even happening.
Stock market is supposed to be a help for production. Almost nobody talks about the elephant in the room and that the dangers of being able to short stocks which works against the benefits of buying stocks. There was one way to be able to cheat in stock market, was given by criminals in financial entities. Stock shorting is like negative interest rate which is laughable. Casinos do not allow to bet on losers; stock markets do!! Amazing!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I don’t want $8000 Gold ! Shit !! Do people know what that even MEANS!!??? Over time yes ! Not in 2 fing Years or less !! I’m buying Silver and always have !! I HATE …Pumpers !!!
It's greedy people that 'got in' before you were born and want to win a lottery. They have no diversified investments and pray the paper market they so hate, will make them rich lol
What about platinum and Paladium …… ( M.Oliver said the are going ballistic in a 1-2 months in Feb ….. they are getting rekt every day ) … don’t wanna be the hater here but …
The Fed is undoubtedly responsible for the present catch-up efforts, as they were first too slow to control inflation. The pandemic, supply-chain issues, are all contributing reasons to the impending inflationary perfect storm. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas...
Let's face it... buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k i want to transfer into an s&p but its hard to bite the bullet and do it.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
I really acknowledge your comment, i have been trading stocks for a while now but i have not been able to make much. how do you achieve this feat?
There are many independent advisors to choose from. But I work with Vivian Jean Wilhelm and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
The issue is most people have the “I want to do it myself mentality” but not equipped for a crash that comes afterwards. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 300%, summing up nearly $1m, since covid outbreak to date
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Harris lacks the exposure to tackle the economic situation of this country. Trump is more open minded to trying out new things. At this point I don't know who will win. Am I better off re-investing into Gold as it seems stocks are a little too unstable right now?
Diversify… T bills, CDs, Gold, dividend stocks, Municipal bonds, Bitcoin, Real estate, etc assets speak when cash has no value
Nibbling on heavy red days has proven to be fruitful for me, these days I’m extremely attentive we are entering an unusual market (distort) economy. That doesn't mean that you can't unravel opportunities in every sectors, you can but you should be considering rewarding options to 10x in excess like adding Gold. It would be a vast awareness to align under a top performer for easy earning picks. I did the same and it works.
I could really use the expertise of this advsors
I've experimented with a few over the past years, but I've stuck with ‘’Victoria Louisa Saylor ” and her performance has been consistently impressive. She’s quite known in her field, look her up.
Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.
The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
This is one of the best interviews I have ever watched and I have watched 1,000's incredibly wise guest. Excellent work
Wow! thank you! much appreciate the kind feedback
Thanks for the tip. I will probably watch it too.
Is this a good time to buy stocks? I know everyone is saying stocks are at a discount and all, but just how long will It take to recover, or am I better off putting my money elsewhere. I need a lot as rent, inflation alone eat up almost all of what I make, with dependents and other obligations included. Tbh it's an uncertain year for me.
people calling stocks momentum a flunk aren't considering the long run. The companies themselves have not changed, it's the market that changed. Steady as it goes, and it'll regroup in weeks.
If you are not too savvy with the market, it’s the best time! just buy and hold on strong companies or best you seek out areas within sectors that can help you sustain a balance in both growth and value overtime. In certain cases, it's even wiser to speak with a smartvestor to determine options best meant for you, I personally did this, and it works pretty well.
Well ethelbert, my question is which stocks sectors should I consider adding to my individual fidelity, I intend to hold on for a decade or more.
right now I’m being focused on renewable energy, semiconductors, Ai chips which will be hugely integral on every sectors in the coming years. an absolute power move right now.
add Gold and silver as well.
This man is very smart he understands all the logic and analytical details instead of just going based off of what he feels or wants to happen. I feel like I’m listening to a scientist talk about a research experiment lol.
The current market/economy is unnecessarily tougher for boomers/senior citizens, I’m used to just buying and holding assets which doesn’t seem applicable to the currentrollercoaster market plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.
Buy gold, govt has failed us
Gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my fin-planner momentous changes in the market are lightening quick, cos who know how much losses I would’ve had by now.
I envy you, I’m still trying to recover from losses I incurred in 2022/2023, who is this investment adviser you work with, I’m intrigued and I could use some quality guidance
I have used the same money manager for close to 10 years. We got in fairly early with a modest amount of money. we are lucky to have Jennifer look after it diligently like she has done the past 8 years.
this is incredible! how can I vet your advisr, mind sharing info, ifyou please?
I would love to see silver go triple digit, but the way the markets are rigged it seems impossible.
Silver is artificially kept low!!!😮
You would not love that if it happens before 2030. Silver to $40-50 next year is great news (unless you’re not done buying). North of $100 unless it happens 2035 or later is bad news
If gold soars to $8000 within the next 12 months then we are looking at hyperinflation on the horizon. Either way it seems we are screwed and collapse is inevitable.
.
8000 dollar gold is nothing compared to what Bitcoin has done
@@Silvercontained $8,000.00 gold is very low. try $75,000.00 after all the theft, over 70 years of stealing.
@@george0r510I want what you are smoking 😂
@@Silvercontained yes, but the market cap of gold dwarfs BTC
Thank you for Michael! Always great and precise info and prediction. Oliver is gold 😊 Just listen and learn.
8x gold from the modern break level (1900-2000 USD) level is actually 16,000 usd. Which compared to modern digital fairy dust at 50-60 thousand (Bitcoin) gold at 16 grand is still fairly conservative.
Gold and Silver are "outside the system" savings accounts for me and only buy on huge dips like we have seen recently. Buying Gold and Silver keeps me from spending money on silly and unnecessary purchases. Holding physical Gold and Silver allows me to quickly pull in emergency needs and sell at my LCS and walk away with cash when needed. Not looking for it to moon and get rich off the purchases
History always repeats Itself, last time Gold drop 33%, I hope not but I’ll buy on the low dip. Silver it’s stuck at $30 ounce but Gold reaching highs!!! Gold is true wealth & preservation of wealth for the long run.
Once the tec bubble pops smart money will move towards PM’s and their miners.
@@teamplayer1634 I have only been stacking for Two years, strong & steady on Silver & Gold. Your experience if it pops will the Precious Metals be affected at the same time in price. Will the markets take big hit, basically to control Silver & Gold Price?
Silver is kept low due to its critical use in technology. Think of all the trillions in market caps that need silver for their technology? They don't need gold. Gold is a proxy against central bankers. Silver is one of the most important metals in a technological future that there is. It must be #1 obtainable from a supply POV by tech companies and secondly reasonably priced. If price shoots up, so does competition for supply. It's not that they can't afford paying higher prices... but if physical supply dries up, THAT is the issue. Watch TSLA buy a silver miner and privatize the production for their own needs. THEN things will get nuts FAST!
That's why they call it precious metal.
@@ronlewis8398Tech uses gold extensively.
Great report with Mike Oliver of MSA
I have my interests set on market sectors based on performance and projected growth, such as the EV sector, renewable energy, Tech, and Health. Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE
spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation
To the moon, TO THE MOON I SAY!!!
Stocks will go up when fed lower rates,. Creating a bubble which will bust. Then people will realise gold be safe bet.
Gold will drop too. People base the physical price off the comex, which is a freely traded market just like others.
@@TheMostSlyFoxGold will not drop, it’s going higher. Maybe not $8000, but at least $3000 more n 2-3-4 months..! And it will keep going up, a little down, but too much high. I’ll say you’re wrong I’m “Gold going down!”
People need to be stocking food so you dont have to sell your stack to feed yourself or your kids... Who controls the food and water controls the people...
😂
Or have land and know how to grow the food.
@@Bemmuu-p3m growing takes time and is not something that provides food now if you are not already growing or in the dead of winter... It only takes about 4 or 5 days of not eating before you trade all your gold for one meal...
@@derkong7114 That's why you maintain crops on land if you have it. My neighbor has a very small garden and grows enough for 8 kids. And you grow more to have more in the winter. Most of society doesn't do this, correct, but I'm not sure why you came at me saying what you did. Anyone who promotes land, should understand how to use the land. If not, why do you own it.
@@HTub-bo2ylnothing funny about it.
US is a sinking ship. As such, she is taking on water at a rapid pace. Gold and silver should do its job.
Just don't stack too much of it in your own ship, or you'll go down with it. Do you seriously believe gold is going to $8000? Or $10,000 or more an ounce? Why? Will the Great Reset do that to get the US out of $135 TRILLION of debt? Sorry for my skepticism. But, yes, the US is the Titanic.
Michael is a fantastic interview guest and very wise. Personally I would have enjoyed looking at some of the charts, indicators and patterns he is talking about
I have been aggressively buying gold since July 2024. Bought 2.5 oz in July on a pullback because of a hot jobs number and thought it was BS since California had one of the highest unemployment rates in US. My bigger concern is in the next recession we tend to go into more debt and believe a debt downgrade is possible. Also the Fed is no longer fighting inflation to save the economy however I think everyone underestimates by doing this we will create a weaker dollar hands higher gold prices
The old man (gold) is a solid play. I "was" going to sell at $2500 but now I'm waiting to sell (some) at $3000.
It's been a long ride.... You are beyond wise to own gold, buy it, put it away and in decades from now, you'll be thankful. The dollar/gold correlation is waning, if you're keeping score.
Weird seeing others perspective....never have I seen metals as an investment, but a safe haven...unless you're pulling out of the ground it'll never profit much more than you paid, pending on the premium if you're holding physical.
@@AKthehardway907 I have always considered gold a decade(s)-long hodl; the old man (gold) is not a get-rich-scheme; it's wealth protection. I remember the "big news" when gold hit $500. $1000? wow
here we are at $2500. I was going to dump some along the way higher; but maybe at $3000.
Only since last month? What a joke! Had you said since 2018 we would respect you more.
California is the RICHEST state in the Union.
Excellent work! Congratulations!
Thank you! Cheers!
Gold may go down with the ship, but gold won't stay down for long! Governments and nearly 8 Billion people are clamoring to get Gold! Got Gold! Thank You, Mr. Oliver, and Soar Financially!
Demand is huge...Now if we can only get rid of those pesky exchanges and their leveraged paper contracts
@@MrPatrick1414 silver needs that big league. Silver should be 10× more than it is🤞
@@MrPatrick1414that’s not going to happen as we all know. However its come to beating them at their own game.
Not possible for gold to go down with the ship. The ship's value is based on gold. People have just forgotten the difference between currency (the dollar) and money (gold) because the value of everythning has been based in dollars for generations. When the dollar tanks, gold won't go with it.
Paper gold certainly may. But physical will be unobtanium when that happens, just like previous times.
They will switch the trading machines off and stop customers from selling off the equities. Maybe left off for months depending on how large the the run towards the exit door is likely to be.
Can’t predict the market myself, but we live in unusual times and a perfect storm for a major correction. I have no idea what will trigger it? More likely we will have a handful of tumultuous drops and rebounds before a big drop. No idea if it will happen in next few months or in Q1 2025, but this isn’t sustainable.
Michael Oliver is a stud! Thank you!
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
How can I reach this advisers of yours? because I'm seeking for a more effective investment approach on my savings?
Her name is. MARY TERESE SINGH . Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
It would be great to have actually seen the charts being referenced during this marvellous interview.
I'm buying Goldbacks
👍👍👍
Lame
Great channel. Can you bring on Simon Hunt ? Simon predicted the S&P to 3000 in 2023 , the more fear and doubt will motivate sellers to complete thier good work
Should invite him back - thanks for the feedback 🙏
Gold is a finite source
Not even close
@@morefreedomplease bs
Much better interview here, more revealing.
if gold and stocks go to zero you can bury them both in the backyard.........dig them up in the future and the gold will still have value whilst the stocks went to zero and are worthless.
Very good analysis. You are so right! When the stocks go bust gold will temporary go down but reverse and blast to new highs
@@mygremlin1always does….always has.
I own gold. I call gold the "old man." The old man doesn't give a fuck... btw. As a young man back in the 90s, I just wish I had bought "more." OH WELL
@@a.r.gentum6517 Have you ever seen that guy at the gym with Old Man Strength?
@@kiltedsasquatch3693 Being strong and looking strong are two different things of course.
Powell should be nervous about job losses ( how about the under reporting of 812,000 job losses for last year ending in March) , not for just the low to medium wage earner , but the high to very high wage earner is getting let go at an alarming rate and those folks have already pulled in the spending reigns and now the credit card is not being used as before , only essential purchases ! Those that make six figures are watching folks get let go at an alarming rate and can only wonder when will the axe fall on my neck ! So, lower sales across the retail landscape is absolutely certain !
What state do you live in? Jobs are everywhere in Alabama.
If you take out the popular stocks like Nvidia. The Market started falling 2022.
If it goes to $8000, the government will step in and take a large chunk in capital gains. I’m not sure how we little people can win this one but we can hope!
They will try to confiscate it. Can't have the little people prosper
0% for many people, 15% for most, 20% tops for high-income ppl
If government attempts to do that the smart people will just hold . . . That is if they own PHYSICAL! Paper Gold is toast! Stop being negative and buy physical
Don’t ignore the K Harris variable when it comes to her ideas of taxing UNrealized capital gains😮
@@MS-li5tpThat for people with over 100 million dollars. Do you have that? Do you know anyone like that? And trust me its not going to happen. And say it did those folks that have 100 million dollars will be just fine. Did fox fail to mention all of that?
So gold and the sm went up because they anticipated a rate cut, but after the cut the sm will go down and gold will go up...😁😁
Great information guys thank
Have you analysed gold price against global GDP? It surely matters that gold as a proportion of gdp might be a ceiling?
This chart is like a five year chart. Can it really be timed reliably except within about 20% of the total time period?
What are the best gold stocks??
None!
I'll check back with you in 3 1/2 weeks.
PPT or Plunge Protection Team is the ONLY thing driving the market up, and/or stopping any crash... for now
Reports on solar panels always shed light on the use of silver. To my understanding the manufacturer's have tried to minimize the use of silver by coating copper with silver in the design. In order to transport the power from the panels you need copper wire and battery/grid hook-up. Is there any data where we can project the increase in copper usage or copper demand based on this? How much copper is used in a solar farm, both in the panels and in the energy infrastructure it requires to build a farm and convert it to usable electricity? What does this data look like?
❤the bull market,you mean the rig market 😮ohhh,❤
This was very informative. Thank you both. 🤩
Thank you 🙏
A few weeks ago the yen carry trade failed with around a 1/4 point interest rate increase by Japan. Will the same thing happen if the US drops the interest rate by a 1/4 point? The math adds up to me
Good question ... noted it down for one of our next interviews. Speaking with Todd Horwitz this coming Monday.
Always great .thanks guys.
Our pleasure! Thanks for tuning in
As for Barric Gold, they will likely have to raise their dividend before their price can recover. Up till 2 yrs ago Barric had decent dividends. But currently Barric still has their dividend at the level of the gold price depression of 2 yrs ago.
Thursday August 19, 2024. 3 weeks September 19, 2024.
Price:
Gold : 1 Oz $2,520
Bitcoin: $59,501
1 Satoshi $0.00059501
Will GDX move w/ gold or S&P?
If the true price of gold was allowed to be reflected, given all the debt that US alone has, it would be close to $1m/oz. Which is insane. $8k is nothing given the level of debt.
Excellent.
Great video
Thanks! 🙏
Question? Do you think this Global Economic Crash will cause the reliable four BIG Australian Banks, to stop customers from withdrawing money?? Or are we just talking about people who have savings with US Banks?
Digital Currencies, Fiat currencies and stocks belong to the same fantasy.
All of those are fool's gold.
The gdx is producing stocks, but what about high quality exploration stocks. I really want to know what exploration stocks will do cause that's what im taking a chance on. Gold but they have some silver too, which will be needed very soon.
Michael you talk and he lets you. When he asks you a question dont run him over. Let him finish Mike
💯 procen recommended money metal 😂😂😂😂👍👍👍👍👍👍👍
The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals??
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments. Nevertheless, seeking guidance from an investment planner might be necessary if you desire a more assertive return.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated over $800,000.
I will like to ask, How did you achieve it? I been trying to stick with index funds. I feel this new interest rates hikes could crash this economy. I'm looking out for a better investing strategy, I have a lump sum that inflation is steady eating up.
Finding financial advisors like Marisa Michelle Litwinsky who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Marisa has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.
When?
I predict 1oz gold dec 24 estimate 2700 to 3100
Based on what data ? Or crystal ball ?
I'm also wondering if this will really play this time. We've been hearing gold and silver will break out for years. They did to a small extent in the last 6 months with gold eventually climbing to $2500 and silver hitting $32 for a while.
Only one small indication makes me think this "might" be true and that was the stock, GOLD, which had an over 35% breakout from around $16 to over $20. Of course I dumped the stock like 3 months earlier because it wasn't doing much and had too many downswings. Typical luck for me. 🤦♂
Geez giving yourself a pretty open target.
May as well say somewhere between 2k and 10k haha
@@hugohabicht9957u do know gold is a finite source.
35 TRILLIONS US -DEBT (= the official number! ). Can you ever imagine how much money that is ?? ( It means a sum of 35000 BILLIONS !! ). But that is only the appearance of visible debt. Insiders ( for instance: US-Investor Jim Rogers ) however proclaim that the real amount of total US debt is somewhat close to 200 TRILLIONS !!! That's the real face of the US and not those fairy tales in movies and superhero comics. People, beware of the „Greenback“ !! You will lose everything .
"THE GREAT TAKING "
Is the price going up or is the future value of the Dollar headed down? Monetary deterioration sure sounds like the latter.
Drunken Miller is onto it 👍 in last 5 trading days the money flow is the following...
Newmont 3.58% ^
Wheaton 1.98% ^
Agnico 1.26% ^
Barrick. 0.69%^
Gold likes to 8x during major gold bull markets. Look at the charts.
If gold hits 8000, my net worth will in $300 range.
PLEASE. Spot on... Give me a Break...
Probably some of the best financial investing education I have ever received for free. You won't hear this on bloomberg daily shows, or yahoo finance.
Great interview. Lots of great insight from guest and yourself. Lots to consider where we are as an economy and investment diversification.....
@@brianison72 thanks for the kind feedback and tuning in
Could we actually be leaving the Fed behind?
So grateful for this interview. Michael Oliver is off the charts!
Thanks for kind feedback 🙏
Prophesy, what a great gift!
wares the best place to buy gold?
Which country?
Where's
@@CosmicSeeker69 usa
A gold shop
@@foilrider2000 already ordered 25 coins 1/gram
Kai could you leave a little the US only view and ask what people see for other currencies? You might remember that experts said "all will go down as all are USD backed" - this I always doubted. But now with BRICS less using USD etc - is this 8000 number a naked USD one? Or will it be an equally huge rise for strong currencies like (the Euro?) say Asian ones. I stayed in countries with huge inflation. If US goes that way - 8000 means nothing. Zeroes were lost every now and then - Meticais in Mozambique or Bolivar in Venezuela. Dankeschön für Michael!
8000 ? 😂 I’ll believe it when I see it
Predictions are difficult to make. Especially about the future. - Yogi Berra
Gotta love Yogi! When you come to a fork in the road, take it!!!
.25 hardly seems substantial -- isn't there a one-year lag effect on the general economy? so if it takes maybe 6 months to get substantial lowering of rates, we wouldn't start seeing real improvement until maybe '26 right? hmmm
Real interest rates have been "NEGATIVE" since 1987.
8k.. not this year.
Hes been saying this for 2 years. Eventually he'll be right.
He has been right. Look at golds performance over the past 2 years.
Yes but what about the miners ….. same price as 2018
@userjoe4321 it's a bubble, your point?
@@TheMostSlyFox what is a bubble?
is it wise do buy gold now
Since I can not predict the future, then i use DCAing.
I have heard this for years. Just like Silver was going to triple digits in 2011/12.
Just like 2011 this is a bubble, get ready for the correction
Hasn’t Sept. 18 been priced into gold already?
Gold has like, 8 rate cuts priced in since September 2023 😂
@@TheMostSlyFox How so? How do you calculate that?
@@issenvan1050 When The Fed was stating, they were penciling in cuts.All the way back in twenty twenty three gold would shoot up every time despite nothing even happening.
@@TheMostSlyFox So, how many cuts priced in?
Stock market is supposed to be a help for production. Almost nobody talks about the elephant in the room and that the dangers of being able to short stocks which works against the benefits of buying stocks. There was one way to be able to cheat in stock market, was given by criminals in financial entities. Stock shorting is like negative interest rate which is laughable. Casinos do not allow to bet on losers; stock markets do!! Amazing!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
The people bash the United States Dollar, yet they measure everything in their mind in this currency even gold and silver
I don’t want $8000 Gold ! Shit !! Do people know what that even MEANS!!??? Over time yes ! Not in 2 fing Years or less !! I’m buying Silver and always have !! I HATE …Pumpers !!!
It's greedy people that 'got in' before you were born and want to win a lottery. They have no diversified investments and pray the paper market they so hate, will make them rich lol
I got Newmont at 29. 70% up and going...
What about platinum and Paladium …… ( M.Oliver said the are going ballistic in a 1-2 months in Feb ….. they are getting rekt every day ) … don’t wanna be the hater here but …
Be quiet! 🤣
We don't talk about fight club.
As always ridiculous thumbnail and title. You guys should be exiled together with the whole political class
i would be shocked if just one of these predictions turned out to be true.
Smart man but off his market with silver
Will GDX fall by 50% as in 2008?
We can hope
@@TheMostSlyFox Why hope?
Until it isn’t diversification! You are ALL in paper in the stock market. The ONLY TRUE HARD ASSETS ARE; Land. housing, commodities and metals.
While I hope this is true, America will be in a depression.
How well did the miners do in the depression/30’s?
You won't care or, feel it if, you grow food on your own land.
watching a month later and this guy was spot on!
Why would an industrial metal like silver go up during a recession?
Who's the one in a recession, USA.
Silver is not at the mercy of US economy.
calm down .. before 8k, it will hit 1.5k..
Just saw today the nasdaq 100 hit 18400. As Michael predicted it would..Quadruple bottom break out. What now 🤔
What happens when the Fed does not cut? the Gold bugs will be in melt down, and gold will most likely go up.
Great show hurry, informative
Thanks 👍
👍