I am really worried about the current bank crisis/interest rates, these are all the signs of yet another 2008 market crash 2.0 , so my question is do I still save in the Canada's dollar or is this a good time to buy gold?
Just ''buy the dip' for stocks In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
True, a lot of folks downplay the role of advisors 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 license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $100k to approx. $323k so far.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Annette Christine Conte for about 3 years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
The US debt load is $35T and rapidly growing. The government can either default, pay it back through massive austerity/reduction in annual deficit spending, or inflate it away. I bet it will inflate by printing more US dollars to service it. So buckle up, retirees!
The debt is high because we are trying to run a government that doesn’t tax the rich which simply won’t work. We need to get back to 1960s tax rates so we can start running surpluses again. Certainly we can save on the spending side too but it’s the lack of revenue that’s the biggest part of the problem.
somewhat but almost no Federal income tax is paid by 50%+ of tax filers - and that percentage doesn’t even include the many who don’t file at all. This is the largest percentage in recent history of Federal income tax. But getting rid of that freebie for a majority of Americans is going to be very politically difficult.
I agree, the US debt load is staggering, and it's crucial to be addressed. I've been following the work of the Hoover Institution, which highlights the consequences of high debt levels, including reduced economic growth, increased interest rates, and decreased government flexibility.
Value is something you can touch! Real money is something that has a real underlying value, such as gold and silver. Fiat money is just a way to get money without having growth a slow bubble that will burst.
The U.S. debt crisis is a topic that stirs up a lot of questions-and for good reason. If the United States were to default on its debt, the impact would be felt globally, not just within America. The U.S. Treasury securities are considered one of the safest assets, so a default would shake confidence in the entire financial system.
@@SpeedDemonExpress Gold will dropp by 50% and I own alot of it. These are shills, salesman. Kitco sells gold Duh..And the "guests" surprisingly are all declaring 50 K Gold or some absurdity. It' slike the Larry King Fish oil commercials. Fake interviews
People said thr frd csnt raise rates because they will have some kind of debt / banking crisis.. or the rate they will do will be so small to make no difference
People choose to buy gold for various reasons, such as it’s historical role as a store of value and medium of exchange, it’s potential as a hedge against inflation or currency devaluation, and it’s relative scarcity compared to other commodities. Gold also offers diversification benefits to investment portfolio due to its low correlation with stocks and bonds. However, investing in gold carries risks and may not be suitable for everyone. Investors should carefully evaluate their objectives, risk tolerance and financial situation before deciding.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver, stocks and digital currencies are also 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.
Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment 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 2021/2022, who is this investment adviser you work with, I’m intrigued and I could use some quality guidance
I'm careful about giving specific recommendations since everyone's situation is different, but I've worked with Stacy Lynn Staples for years and highly recommend her. Look her up online to see if she's a good fit for you.
@@richardgadoury8452 I'll reserve my comments on that front, but let's just say she divided a nation, and a change of government has been a welcomed relief for most New Zealanders
They’ll have to freeze the bond market and cut back on spending and gradually pay back the bond debt, investors would rather have that than a massive collapse.
The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income, thus I am looking at the stock market to fuel my retirement goal of $3m, my only concern is the recent market crash.
Agreed, despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k, and I've so far made a fortune. I'm now buying real estates, gold and silver as advised by my FA.
truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Sophia Irene Powell is my FA. Just google the name and you’d find necessary deets. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did
This $8k is a possibility, bitcorn is blazing a path for assets of value. If the US gold reserve is priced according to the 36 trillion dollars, that interest will need to be paid on.
After inflation and taxes, most investors are barely getting a real rate of interest at 4%. Also, there is now a growing credit risk with Treasuries. I'm starting to think seriously about dumping them out of my IRS account. Trump has a long history of not returning the principal to his bond holders and bankers.
The FED is so predictable , they are doing the same they did last quarter 2007 , and they will do next quarter the same they did Q1 2008 and the results will be the same . Gold Up big time
I listened to our Congress about a Fiscal Cliff back in the summer of 2012. Didn’t happen. Looks even worse now at $36T. Exponential rates of change are very deceiving. The end of the runway could happen swiftly. That could be the Plan. CBDC! BRICS will re-peg infinitum as they have politicians and central banks, too. More hocus pocus. They just want out of the dollar, not limits to their own spending.
Thats right nobody talked about debt during the election period. Cost of the debtn36 trillion and counting. Trump got in 2016 debt has double to 36 trillion so if it doubles again in eight years.
There is a REASON Mr . Eric Sprott JUST bought a few weeks ago - 5 MILLION DOLLARS worth of a .16 cent penny stock ( BKRRF ) and it doubled like overnight . This IS not only producing gold & silver ; it is said to be like the largest silver producer in the USA . Sitting in the .30’s cent range - how can this not quite possibly be one of those “ multi- baggers “ that people speak about years from now as a great deal that they either DID , or DID NOT get in on …
I'm < gonna be honest my man. The greed right now on this whole FED thing is sky high. Everyone is saying crypto can only go up and spirts are very high. That's a sign we will see a massive crypto dump. People will realize the volume is not there like they thought it would be and panic sell causing a severe crypto market crash. Mark my words. I will be trading the whole way up with Leasie Aiken. I was able to make 16.5 BTC in just few weeks from implementing trades with guidance and signals..
debt doesn't even appear to be a factor anymore, first of all it's rolled over to the next generation, second of all the debt is ultimately a debt to ourselves, as the people to whom we owe the debt stole that money from us in the first place. So a default on all debt is only logical.
They should keep the interest rate 3-4 pc and print money to buy back their own debt by doing so atleast they keep the debt sustainable but devaluation of $ will happen eventually which again pull up the inflation up , to counter this again they increase interest rate gradually to 6pc.
Can you imagine gold hitting them numbers $$ electronics 400% higher a cell phone would be $10,000 a laptop would be 400% higher and the military would size to operate
Inflation is back it just won’t hit the figures for a while, more debt means more QE which fuels more inflation which leads to higher interest rates which leads to more debt and the cycle repeats. Until the west gets debt down the currencies will continue to devalue and gold will rise, de-dollarisation is just the cherry of the cake and the potential demise of the petrodollar makes it look like a winner to me in the medium to long term
I think it will be less than 40% maybe more like 25% if I’m not mistaken. But for sure, gold will be in the basket of currencies used to value the brics.
Problem relates to Bankers and funds operating as speculators jumping from one financial market segments to another. They could solve all their problems, practically delete inflation, and stabilise the dollar by going back onto a gold standard. In recent times, Inflation took off in 1971 once the standard was removed, and our currencies have been devalued by over 90%. We have been paying the price ever since. When will the current generation wake up I wonder? After some fiscal government catastrophic moment? It is almost here.
If you add a 200MA on that 4H chart you will realize the correction hasn't broken it. It still might, but I'm not counting out the upward momentum just yet.
@@sandisithebe673 I don’t trade less than 12hr. The issue for gold is two-fold: 1) rejecting off support ranging back to Aug 5th and 2) coalescing bearish divergence on both MACD and RSI. In terms of technicals, it all signals looming structural breakdown.
@imconfused1237 I only used the MACD and moving averages. 😃 😢 I blew my account on confidence that 4H 200 MA was gonna hold. You were right, it looks like the correction downward will go lower
$8000.00 seems about $1250.00 too High , I wouldn't want to Pay more than $6000.00 really for Gold , in any case I think I would Sell an Ounce at $3050.00 :\ QC
Respectfully, There is a reason President Trump had a picture of President Andrew Jackson hanging in the Oval Office during his 1st term. I believe that we are about to find out, this term, why. 👍
It's just a knee jerk reaction trump got in. It's really a correction gold come back stronger because of fundamentals. Gold is a finite resource .yes it can be recycled but no more digging up big reserve of gold past 2050.
Don't buy from kitco!! Their premiums over pressious metals is outrageous!! They are ripping you off!! Buy from your local coin dealer!! All coin dealers sell billion!!! Keep away from kitco!!! They just rid people off , with their premiums over pressious metals prices!!!
I am really worried about the current bank crisis/interest rates, these are all the signs of yet another 2008 market crash 2.0 , so my question is do I still save in the Canada's dollar or is this a good time to buy gold?
Just ''buy the dip' for stocks In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
True, a lot of folks downplay the role of advisors 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 license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $100k to approx. $323k so far.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Annette Christine Conte for about 3 years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
@@Rachadrian Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
FED IS UNCONSTITUTIONAL ANYWAY !!!
So is the loser military
FIAT SYSTEMS ALWAYS FAIL !!!!
Even the cars
“Fix It Again Tony”
@@PhilC2496 😅🤣😅
The US debt load is $35T and rapidly growing. The government can either default, pay it back through massive austerity/reduction in annual deficit spending, or inflate it away. I bet it will inflate by printing more US dollars to service it. So buckle up, retirees!
The debt is high because we are trying to run a government that doesn’t tax the rich which simply won’t work. We need to get back to 1960s tax rates so we can start running surpluses again. Certainly we can save on the spending side too but it’s the lack of revenue that’s the biggest part of the problem.
somewhat but almost no Federal income tax is paid by 50%+ of tax filers - and that percentage doesn’t even include the many who don’t file at all. This is the largest percentage in recent history of Federal income tax. But getting rid of that freebie for a majority of Americans is going to be very politically difficult.
I agree, the US debt load is staggering, and it's crucial to be addressed. I've been following the work of the Hoover Institution, which highlights the consequences of high debt levels, including reduced economic growth, increased interest rates, and decreased government flexibility.
Wow, it's government spending and 3+million employees for life. @@JonesMichael-ps4ck
Tariffs!
“You’ve got a debt problem”…. Powell said
Yes and you sir have helped caused this!!!
DEBT BASED SYSTEM.....ONLY GOLD IS MONEY .
Silver & diamonds are as well
Trump says bitcoin too....but its really just more unsecure fiat
Value is something you can touch! Real money is something that has a real underlying value, such as gold and silver. Fiat money is just a way to get money without having growth a slow bubble that will burst.
nonsense .....gold is a barter item
@@rholalbi8155 Silver yes , diamonds definitely NOT money
A Great Depression is coming, and rates will go negative in an attempt to save the Nation.
Not with Trump and Elon. Seriously, we FINALLY have competence in our government
Greed is everywhere right now.
Ok let’s see some of that deflation then in this new greater depression
Are you kidding me Trump and Elon cannot affect the world economy keep dreaming@@FeelingPeculiar
I just want a house 😢
The U.S. debt crisis is a topic that stirs up a lot of questions-and for good reason. If the United States were to default on its debt, the impact would be felt globally, not just within America. The U.S. Treasury securities are considered one of the safest assets, so a default would shake confidence in the entire financial system.
Rate cuts will do nothing. It's the debt .Hugh inflation coming.
They're going
to need a bigger printer. They have been kicking the can down the road, so long, that the only thing left is the pull tab 😂
In steps the digital shite they call money 💩
Yeah but theyve got away with with it for 60 years and nothing ever changes
Love kitco news
Wow. The perfect gold and precious metal discussion. It doesn't.
Get better than this. Thanks Kitco.
Good content. Another analyst confirmimg that the fed rate has to be below the inflation rate.
Yep, buy The real gold you can hold in your hand. Even silver. Look at the people struggling just to eat. The Feds are worried. We all are.
You know its not good when every expert sounds like Peter schiff. 😂😂
I laughed way to hard
Schiff the 🐐
That usually means gold is about to fall when everyone starts saying the same thing.
@@SpeedDemonExpress I hope so then I could buy more
@@SpeedDemonExpress Gold will dropp by 50% and I own alot of it. These are shills, salesman. Kitco sells gold Duh..And the "guests" surprisingly are all declaring 50 K Gold or some absurdity. It' slike the Larry King Fish oil commercials. Fake interviews
😂😂
But with Trump's tariffs will cause enormous inflation forcing fed to raise interest rates.
People said thr frd csnt raise rates because they will have some kind of debt / banking crisis.. or the rate they will do will be so small to make no difference
In layman's terms, were clueless on the economic crisis
Excellent Mr Brien Lundin
It would be worse if they counted food.
The numbers are fake. It is worse.
People choose to buy gold for various reasons, such as it’s historical role as a store of value and medium of exchange, it’s potential as a hedge against inflation or currency devaluation, and it’s relative scarcity compared to other commodities. Gold also offers diversification benefits to investment portfolio due to its low correlation with stocks and bonds. However, investing in gold carries risks and may not be suitable for everyone. Investors should carefully evaluate their objectives, risk tolerance and financial situation before deciding.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver, stocks and digital currencies are also 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.
Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment 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 2021/2022, who is this investment adviser you work with, I’m intrigued and I could use some quality guidance
I'm careful about giving specific recommendations since everyone's situation is different, but I've worked with Stacy Lynn Staples for years and highly recommend her. Look her up online to see if she's a good fit for you.
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip
Negative interest rates and NO Income Tax may well work well together especially for low income workers
Have a good day guys love your work. From a New Zealand follower.
Ha, love it when a fellow Kiwi is on this space. Greetings from Warkworth.
@Poppya2024 The bustling metropolis of Warkworth! Greetings from the big smoke.
How are things going over there with Ardern gone. I'm in Canada and we need Trudeau gone ASAP. The damage he has done will take decades to repair...
@@richardgadoury8452 I'll reserve my comments on that front, but let's just say she divided a nation, and a change of government has been a welcomed relief for most New Zealanders
Negative interest rates will probably lead to street protest und social unrest.
Great interview!
They’ll have to freeze the bond market and cut back on spending and gradually pay back the bond debt, investors would rather have that than a massive collapse.
More factories closing in this great economy. Tire factory and 1500 jobs.
Exactly, we are in deep 💩
Brien Lyndon is a great interview.
The continuously changing economic conditions in our society have made it necessary for people to find additional sources of income, thus I am looking at the stock market to fuel my retirement goal of $3m, my only concern is the recent market crash.
for majority, the solution to their problem can be found in specialized knowledge, so can as well seek guidance from a well experienced advisor
Agreed, despite my rookie knowledge of investing, I have a financial advisor who did the trick in a bit more than 6 months after a lump sum capital of $500k, and I've so far made a fortune. I'm now buying real estates, gold and silver as advised by my FA.
truly appreciate the implementation of ideas and strategies that result to unmeasurable progress, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Sophia Irene Powell is my FA. Just google the name and you’d find necessary deets. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did
I agree, when it comes to investing, no one actually holds the candle.
This $8k is a possibility, bitcorn is blazing a path for assets of value.
If the US gold reserve is priced according to the 36 trillion dollars, that interest will need to be paid on.
And yet Powell keeps putting us into greater debt.
federal debt is a symptom .........of bad accounting and incompetent politicians
Yup’ starting about 110 years ago.
@@Bill-g7d bingo
How long can the US gov pay over 4% on their debt???
After inflation and taxes, most investors are barely getting a real rate of interest at 4%. Also, there is now a growing credit risk with Treasuries. I'm starting to think seriously about dumping them out of my IRS account. Trump has a long history of not returning the principal to his bond holders and bankers.
And pay to central private banks?
If they want to service their debt with gold, price of gold will explode past $8,000/troy ounce and land somewhere above $55,000/troy ounce.
8,000-/ ounce ? 😮
@mounishp3668 No, $8,000/troy ounce is not the real price of gold either. They've been suppressing prices for the past 80 years.
@@PadmamaliniRamanujapuram-le1tk how much we expect in future 22k per gram
@@mounishp3668 something like that yeah Got Gold?
It’s just went DOWN from $2700 to $2600. And it will probably go down more.
If rates go negative gold is heading higher than that
‘Turning Japanese I think we’re turning Japanese I really think so’
No sex, no drugs, no wine, no women...
😂.. no sex no wine no women.. thats the Only verse i can remember
The FED is so predictable , they are doing the same they did last quarter 2007 , and they will do next quarter the same they did Q1 2008 and the results will be the same . Gold Up big time
Gold “up big time” is ‘em with strong dollar?
I listened to our Congress about a Fiscal Cliff back in the summer of 2012. Didn’t happen. Looks even worse now at $36T. Exponential rates of change are very deceiving. The end of the runway could happen swiftly. That could be the Plan. CBDC! BRICS will re-peg infinitum as they have politicians and central banks, too. More hocus pocus. They just want out of the dollar, not limits to their own spending.
07:10 gold prediction. You go to 07:10 and there is no gold prediction
Thats right nobody talked about debt during the election period. Cost of the debtn36 trillion and counting. Trump got in 2016 debt has double to 36 trillion so if it doubles again in eight years.
Negative interest rates are bad.. Gold neeeds to be repriced
There is a REASON Mr . Eric Sprott JUST bought a few weeks ago - 5 MILLION DOLLARS worth of a .16 cent penny stock ( BKRRF ) and it doubled like overnight . This IS not only producing gold & silver ; it is said to be like the largest silver producer in the USA . Sitting in the .30’s cent range - how can this not quite possibly be one of those
“ multi- baggers “ that people speak about years from now as a great deal that they either DID , or DID NOT get in on …
Yeah, buy black rrrok…good advice…
@
You own that ?
@@rudeawakening3833 no it’s irony
@@aldas3831
It’s not at all connected to the Larry Fink gentleman …
I'm < gonna be honest my man. The greed right now on this whole FED thing is sky high. Everyone is saying crypto can only go up and spirts are very high. That's a sign we will see a massive crypto dump. People will realize the volume is not there like they thought it would be and panic sell causing a severe crypto market crash. Mark my words. I will be trading the whole way up with Leasie Aiken. I was able to make 16.5 BTC in just few weeks from implementing trades with guidance and signals..
GET HER ON.,
TE LEGRAM
LeasieAiken
This is why it is advisable to connect with a true market strategist in order to avoid missing such opportunity and maintain steady gains.
LeasieAiken has delivered solutions above my expectations over a year we have worked together. I would refer her in all forms.
Wrong- Trump said he’d use Bitcoin to service the debt. Elon has addressed the debt issue. When was this recorded 🤔
Where the hell is this congress??? They need to do their job not concentrate on the next next election they are in!!!!!
You’re fired JP.
well at least trump understands bankruptcy law can deal with the bankers
Trump is spouting so much bullshit.. i cant believe people are so stupid to believe his fairy tales
debt doesn't even appear to be a factor anymore, first of all it's rolled over to the next generation, second of all the debt is ultimately a debt to ourselves, as the people to whom we owe the debt stole that money from us in the first place. So a default on all debt is only logical.
They should keep the interest rate 3-4 pc and print money to buy back their own debt by doing so atleast they keep the debt sustainable but devaluation of $ will happen eventually which again pull up the inflation up , to counter this again they increase interest rate gradually to 6pc.
I wonder how much gold Mr. Powell owns.
and now it's at $2622, so much for the 2700 floor, you did jinx it lol
Right lol it even went down just now to $2,604💀
@@prettykitty5416 these talking heads always jinx it
Below 2600 reaching 2550
@@ahmaranwar1488 myyyy precioussssss
For every one of these polyester slicksters telling you "it's going to the moon"...there's some other forecaster telling us it's going to tank.
have to drag them out ,and just replace all them with a gold backed
Just Add Zeros. 😢
Deflation is the next driver.😅
Remember the State of Union is always strong……
US election is just like whos turn to destroy the economy its a dead end
correction not dead end just straight to the cliff
i hope thats the case, but not likely
So who will buy the bonds?
The Fed
Us
Can you imagine gold hitting them numbers $$ electronics 400% higher a cell phone would be $10,000 a laptop would be 400% higher and the military would size to operate
U think laptop use 1.25oz of gold
Well.... there always needs to be a fall guy when the economy crashes
Sir Donald Trump
Well played Dems
Unfortunately all these people know is to beat their gums...keep talking and ignore the debt
But first gold will go down to just under 1970 dollars an ounce
Nope 2500 will be the floor this time
How about you get to, and hold $3K before talking $8K nonsense.
Trump's tariffs will push gold to $80.000
A week following this, Gold has dropped through the floor...I'm losing all confidence.
Tipo a double whammy inflation taxation and add savings taxation on top
Where is Michelle ??
Gold will reach $5,000! Trust me
Nah
By when? I say by 2027 gold will be $8,000/oz.
First $3,000 then 4K, 5K, 6K, 7K, 8K, 9K,10K, 15K, 20K.................................. and so on.
@@dpetersen2630 True.
@@jeanbaillargeon7154 I learned from experience not to trust people when they say 'trust me'. Evidence is key.
Inflation is back it just won’t hit the figures for a while, more debt means more QE which fuels more inflation which leads to higher interest rates which leads to more debt and the cycle repeats. Until the west gets debt down the currencies will continue to devalue and gold will rise, de-dollarisation is just the cherry of the cake and the potential demise of the petrodollar makes it look like a winner to me in the medium to long term
I heard the Bric's were basing off gold standard weren't they?
I think it will be less than 40% maybe more like 25% if I’m not mistaken. But for sure, gold will be in the basket of currencies used to value the brics.
I heard them say 40 percent was teasinable so all the nations could qualify to be in brics.
Brics will be very limited.
@@AngelEyes-xm7elIs this why China has been buying a ton of gold?
@@philmelb1022 Not really but the G7 might be
bring the girl back
Gold going 8k I am buying then
???
Oh yeah, and all this charade is just a product of circumstances.....the hypocrisy is insulting
Just wait those who stack will survive
Sure go to zero or negative rates, but you think the market will follow?? No way lol a waste of time discussion
Problem relates to Bankers and funds operating as speculators jumping from one financial market segments to another. They could solve all their problems, practically delete inflation, and stabilise the dollar by going back onto a gold standard. In recent times, Inflation took off in 1971 once the standard was removed, and our currencies have been devalued by over 90%. We have been paying the price ever since. When will the current generation wake up I wonder? After some fiscal government catastrophic moment? It is almost here.
No going back to gold standard wishful thinking. If so gold will plummet.
Its 100% guaranteed depression territory now
Checks charts. Oh look, Gold is painting a head and shoulders on the daily. Projects a correction to $2,500.
If you add a 200MA on that 4H chart you will realize the correction hasn't broken it. It still might, but I'm not counting out the upward momentum just yet.
@@sandisithebe673 I don’t trade less than 12hr. The issue for gold is two-fold: 1) rejecting off support ranging back to Aug 5th and 2) coalescing bearish divergence on both MACD and RSI. In terms of technicals, it all signals looming structural breakdown.
@imconfused1237 I only used the MACD and moving averages. 😃 😢 I blew my account on confidence that 4H 200 MA was gonna hold. You were right, it looks like the correction downward will go lower
The Fed owns Grubberment
The top 1% and the banks own and operate the government.
$8000.00 seems about $1250.00 too High , I wouldn't want to Pay more than $6000.00 really for Gold , in any case I think I would Sell an Ounce at $3050.00 :\ QC
So in otherwords it’s a rich man’s World
Respectfully, There is a reason President Trump had a picture of President Andrew Jackson hanging in the Oval Office during his 1st term. I believe that we are about to find out, this term, why. 👍
Just 2 more weeks...
Agreed. I was talking about just this thing with someone yesterday.
Two months @@Vektr1
@@Vektr12 weeks? Lol
Trump is spouting so much bullshit.. i cant believe people are so stupid to believe his fairy tales
Wishful thinking
All Trump needs to do it tell Powell to "Amscra" & Powell will run off
Trump had to deal with Covid.
push that gold lol because it is dropping in price they need to drive that market
It's just a knee jerk reaction trump got in. It's really a correction gold come back stronger because of fundamentals. Gold is a finite resource .yes it can be recycled but no more digging up big reserve of gold past 2050.
Talk to Biden
Don't buy from kitco!! Their premiums over pressious metals is outrageous!! They are ripping you off!! Buy from your local coin dealer!! All coin dealers sell billion!!! Keep away from kitco!!! They just rid people off , with their premiums over pressious metals prices!!!
Where should we buy ?
Yet the usa dollar keeps going up lol
✅ USA needs NEGATIVE RATES! 🤩 INTEREST RATES should be controlled by TRUMP! ❤LOVE Trumps NEGATIVE RATES and NOOO INCOME AND CAPITAL GAINS TAXES!
POWELL - Resign or you will become obsolete.
Stop lying to us FFS
Theplant is desperate for some sunlight.
هیچ شتێك ڕوو نادات ههموو شتێك باشه بێت
spot gold to $8k?? someone's blowing .08. with trump winning gold headed the opposite to $500, lol. dow to 50,000 by feb '25
Why does this channel pump gold so much?
Take your fiat and stuff it
Jeremy how the absolute hell did you not find a single opportunity to ask about bitcoin? There were so many opportunities
bozo
Bitcoin a much better play. Fixed supply.
Too volatile to be useful though.
One day it will get hacked and you will be sad.
@ you haven’t done even one minute of research, have you?
Correct 💯%
it's a speculation, not a utility. and it's not anonymous, BTW
Hello Bitcoin
Bitcoin is trash. It has no real value. Its just for speculators. Ask yourself why central banks have been buying gold not any bitcoin.