Gold Won't Go Much Lower: World Gold Council CEO

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  • čas přidán 27. 08. 2024

Komentáře • 74

  • @zubinwarden7888
    @zubinwarden7888 Před rokem +10

    Ask the big 4 banks to stop the paper manipulation of PM and you’ll soon find out the answers to that question

    • @em4703
      @em4703 Před rokem +2

      Not happening, since that would make people ignore US bonds or not invest enough in the American Stock Market. This is the game they're playing since the 1960s. Gold especially needs to be suppressed as much as possible to make the dollar appear more powerful than it is.

    • @zubinwarden7888
      @zubinwarden7888 Před rokem

      @@em4703 Yes and now the Central Banks globally and their respective governments Ponzi Scheme is unfolding right before our eyes, only the sheep aren’t oblivious to this fact. Those who know their monetary system history have already done the needful to a certain extent to be prepared for the mayhem that’s already started unfolding in Europe and the United States so the called beacon and cradle of democracy for the free world under creepy Joe 😂

  • @illadelphzs47
    @illadelphzs47 Před rokem +4

    Buy gold now
    It's in a wyckoff accumulation and just completed the spring. Good luck to all

  • @grahamthebaronhesketh.
    @grahamthebaronhesketh. Před rokem +4

    A good time to buy GOLD!

  • @thedarkside162
    @thedarkside162 Před rokem +3

    Rubbish can explain what happened to Gold price in 2011 was $1922, 2015 drop to $1045 and 2022 now at $1624 for 11 years why still below the price of $1922? 2011 if you invest in stock or others you have double or triple your money except Gold, careful when they say Gold price go higher most of the time is opposite way

  • @wanyejordan8693
    @wanyejordan8693 Před rokem +1

    I FEEL LIKE THE HOLE SEASON IS OVER, I'M TRYING TO GET INTO TRADING AS A ROOKIE, BUT I'VE HAD SO MUCH LOSS TRYING TO TRADE ON MY OWN, PLEASE WHAT STRATEGIES DO I NEED TO EARN PROFITS FROM THE MARKETp

  • @tylerlee7851
    @tylerlee7851 Před rokem

    So, have you ever wondered how someone convinced people that gold was super valuable. Like back in the day before electricity was harnessed and it could be used as an electrical conductor. Crops can be eaten or used to make clothing, medicine and shelter while cows and other livestock can be eaten and used to make clothing. All of these are necessary for survival and yet someone convinced people that a useless lump of soft yellow metal was far more valuable than any of the above examples. When In reality you could die from dehydration or starvation while sitting on an entire mountain of gold.

  • @godzillamothra5983
    @godzillamothra5983 Před rokem +4

    every time gold price fall, I saw a lot of queues of people wanting to buy gold bars in jewellery shops. So yeah, I believe gold price won't fall much lower or longer. I prefer gold to dollars anyway. It has last longer than any currency and in uncertain time like this, where dollar could be gone any day, holding gold is the safest option. The muslims trust gold more than anything, the Chinese trust gold more than any currencies, the Indians trust gold as the safe haven. That is more than 3 billion people who put their trust on gold.

    • @sko1beer
      @sko1beer Před rokem

      This shiny object holds no value and this video only convince me to buy more GLL watch gold halve in value

    • @godzillamothra5983
      @godzillamothra5983 Před rokem

      @@sko1beer not according to half population of the world

    • @sko1beer
      @sko1beer Před rokem

      @@godzillamothra5983 till the USD weakens I’m shorting gold👍

    • @illadelphzs47
      @illadelphzs47 Před rokem

      @@sko1beer lol typical newbie retail

    • @helenanoorderhaven674
      @helenanoorderhaven674 Před rokem +2

      Gold is the greatest insurance that can be changed to money

  • @bhavikshah5016
    @bhavikshah5016 Před rokem +2

    Yea digitize every damn thing in the world... so you can see your "digital" asset on your mobile screens go up and down... I'd prefer the real thing.. Stop crypto'ing everything..

  • @Solairethedarksoul
    @Solairethedarksoul Před rokem +3

    I think $1500 is open here. Strong dollar means lower commodity prices. Dollar has to come off.

    • @arthurgol500
      @arthurgol500 Před rokem +1

      The dollar is already showing signs of weakness, with triple RSI divergence in the monthly, which is massive

    • @ssuwandi3240
      @ssuwandi3240 Před rokem

      Give it 3 months..

    • @rockytop6077
      @rockytop6077 Před rokem

      Strong dollar equals highest rents, energy prices, and most commodities oh but not gold and silver. Can we now please agree what your seeing is complete fraud? If not? Your brain dead

    • @illadelphzs47
      @illadelphzs47 Před rokem

      Had all the chance in the world to go there this past week now go look at a 3day chart and look at the beautiful wyckoff spring with good follow-through..buy gold now

  • @nevillokapi3617
    @nevillokapi3617 Před rokem +1

    OPPORTUNITY!!GOLD CURRENTLY UNDERVALUED 💰💰WARS/INFLATION/RISKS SHOULD HAVE GOLD AT CURRENT LEVEL $$2550💰💰

  • @nevillokapi3617
    @nevillokapi3617 Před rokem +1

    GOLD CURRENTLY UNDERVALUED 💰💰WARS/INFLATION/RISKS SHOULD HAVE GOLD AT CURRENT LEVEL $$2550💰💰

  • @mountainman9145
    @mountainman9145 Před rokem +4

    The CEO is hinting at a gold backed crypto - which has been tried in a number of places.

    • @arthurgol500
      @arthurgol500 Před rokem

      Right, "tokenize" that's crypto lingo, my men, feeling bullish here

    • @timgibson3754
      @timgibson3754 Před rokem

      @@arthurgol500 shove it

  • @bhavikshah5016
    @bhavikshah5016 Před rokem +4

    Gold is heading to 1550$ in next 3 months - with the US monetary policy, the Fed's outlook is of hiking interest rates upto 4.5% - 4.75% before they start pulling back. While these US interest rates hike and start cooling off sometime later in 2023, in meantime dollar index is getting stronger by the day with ROW currencies weakening. With weaker ROW currencies, gold is expensive for everyone in the world expect for the 330 million Americans, so Gold demand is gonna fall until the dollar starts softening in 2023 when Fed starts reversing the interest rate hikes.

  • @bhavikshah5016
    @bhavikshah5016 Před rokem +2

    CEO -@5:17 people will be buying real gold even if its in tokenize form...
    Me - thanks, but I'd prefer the real thing mate..

  • @eklim2034
    @eklim2034 Před rokem +8

    Gen-z A: "what's gold for ?"
    Gen-z B: "it's like bitcoin to baby boomers"

    • @inflationking1271
      @inflationking1271 Před rokem +3

      B: What is the intrinsic value of Bitcoin?
      A: I have NO f.. Ing clue what you're talking about!

    • @drmodestoesq
      @drmodestoesq Před rokem +4

      Baby Boomers? You mean the ones who have all the real money and assets?
      And the Gen Zers and Millenials are left with Magic the Gathering Credits?

    • @volstarthemagi3859
      @volstarthemagi3859 Před rokem +1

      Genz-Z: "hurr I bought a number in an excel spreadsheet using technology that's been available since the 1980's, and burns a rainforest for every transaction, has no intrinsic value, is designed as a pyramid scheme enriching founders and early participants, and is a negative sum game as miners, exchanges, and networks charge fees maintain said network, which is futher backed by counterfeit money (stablecoins lol), on unregulated exchanges that are illiquid, going bankrupt, and have no guarantee of giving actual cash for your chucky cheese tokens".
      Rest of World: "Have fun staying poor".

  • @libyatechpro6711
    @libyatechpro6711 Před rokem

    If anyone has a gold detector, talk to me, I have a treasure, but I need a device

  • @theruthlessstacker
    @theruthlessstacker Před rokem +1

    Gold!!

  • @gurneetchatha3830
    @gurneetchatha3830 Před rokem +6

    Once all crypto goes to zero gold will start shining

  • @benjibenji9653
    @benjibenji9653 Před rokem +1

    Gold is so manipulated shid of been at 3.5k

  • @dogegamer3288
    @dogegamer3288 Před rokem +2

    Gold clearly isn't a great inflation hedge anymore, based on the data on the chart not some opinion.

  • @ambitiondreams4650
    @ambitiondreams4650 Před rokem +1

    Yu-Gi-Oh! Gold wieght card game trading

  • @benjibenji9653
    @benjibenji9653 Před rokem +1

    The guy os a total fruad I'm time of uncertainty gold goes up he claims that's it dragging down he's a total fraud

  • @mickqld3003
    @mickqld3003 Před rokem +1

    I'm a believer but I wonder how much even the Gold, was over inflated in recent years..
    Will everything just land at lower prices and stay there for many years?
    If so, maybe Gold will fall less overall, making it a winner by that measure.

    • @mickqld3003
      @mickqld3003 Před rokem

      @cris Of course currencies are over inflated! I only question how much metals were overbought by the excess printed/borrowed 'money' and needs to be sold to keep the house etc. Even the real things may have been propped a bit too much. As mentioned, I am a gold buff regardless.

    • @zeke5491
      @zeke5491 Před rokem

      Sucks when you got in at $2,000 with rumors of$3,000

    • @mickqld3003
      @mickqld3003 Před rokem

      @@zeke5491 I did similar, but if it goes like my stocks did (till I got out) I'll be impressed.

    • @abubakarrkargbo511
      @abubakarrkargbo511 Před rokem +1

      Am a local miner for gold dust

    • @mickqld3003
      @mickqld3003 Před rokem +1

      @@abubakarrkargbo511 Well done! Wish I was.. A bit old to go digging now maybe.

  • @jesuschrist8
    @jesuschrist8 Před rokem +1

    Fact: It will.

  • @christopherrichardwadedett4100

    So many bad things happening, Prayers

  • @vietimports
    @vietimports Před rokem +1

    they also said oil was going to $200 :D

  • @muneebiqbal5584
    @muneebiqbal5584 Před rokem +4

    Gold is no linger seen as a hedge against inflation even though it still works as one. What people look at gold as now is a final stop. When/if everything crashes people have gold in mind for then, to survive.

    • @kcash6359
      @kcash6359 Před rokem +5

      Gold and other PMs are insurance policies. I own gold and want it to go sideways the rest of my life. I don't expect to get rich from it.

    • @rockytop6077
      @rockytop6077 Před rokem +1

      10 years ago a guy named Martin Armstrong said "gold is NOT a inflation hedge! It is a hedge against loss in confidence with governments ".

    • @illadelphzs47
      @illadelphzs47 Před rokem

      Every newbie is saying this now.. yall bouuta have a rude awaking

  • @dave4138
    @dave4138 Před rokem

    I take a contrarian view than the commentator on gold regarding the tradability of it. I think that's part of the problem, all the derivatives. Thousands of tons of "gold" trade everyday....in 2 or 3 days the entire global production of gold is traded! If gold traded legitimately, meaning only people that have the real intention to buy and sell PHYSICAL gold, the price would be much higher.

  • @TexasGolfer
    @TexasGolfer Před rokem +3

    Be patient. Its too early now because gold is going to go lower, but then it will do a “Crazy Ivan” like oil did when it went negative and made sharp u-turn.

  • @Dautuvangbac
    @Dautuvangbac Před rokem

    I love gold

  • @hanamontan6862
    @hanamontan6862 Před rokem +1

    Marcos gold coming soon......

  • @shockelites2887
    @shockelites2887 Před rokem +1

    It's mean gold more lower than no one imagine loo

    • @sko1beer
      @sko1beer Před rokem

      Exactly this man is full of crap gold is already easy to trade.
      GLL this man knows gold prices are going to be halved soon.
      Gold has no worth in the world we live in now this shiny metal is all it is

  • @oldegolfer5146
    @oldegolfer5146 Před rokem +1

    This is just my opinion and it's free. If you pay for advise it should be better. You gotta love all these experts. In my opinion they just want you to trade (fees). Nobody predicted why gold fell the last few months while inflation surged and the Fed raised rates. in my feeble opinion the strong dollar trumped everything. But hey even though they don't know why it went down he's pretty sure it's near the bottom. OK ya'll go all in now. LOL It's amazing (BUY AND HOLD) guys Buffet, Munger, Bogle and Lynch all did pretty good - but hey time it - and trade away.

  • @Tarntydon22
    @Tarntydon22 Před rokem +2

    Pet rock CEO says next year will be record sales

  • @willspopova7583
    @willspopova7583 Před rokem +1

    I keep on getting $380,000 every week from a new trading platform in town

    • @willspopova7583
      @willspopova7583 Před rokem

      I keep on getting $380,000 every week from a new trading platform in town

  • @kquat7899
    @kquat7899 Před rokem

    merry xmas to the crooks at the LBMA.

  • @AzriRich88
    @AzriRich88 Před rokem +1

    Buy Buy Buy😂😂😂

  • @fareedchaudhry6814
    @fareedchaudhry6814 Před rokem

    I see steady growth over the next 1-2 years, with sporadic spikes in 2024-2025. It's safe to say by 2030 gold will be roughly around the $3,000 mark +- 10%. There are a number of factors that can influence gold prices post 2030. The $5,000+ mark is possible any time if there is a plague/world conflict/covid-2. My advice: maintain at least 30% as gold bricks in your portfolio and forget about it for the next 7-8 years.

  • @tyroneanderson5619
    @tyroneanderson5619 Před rokem +3

    Don't believe this clown, interest rates will push gold even lower

    • @arthurgol500
      @arthurgol500 Před rokem

      effective Interest rates are already at the top though, if they go higher than they are, the economy will stall like 2008

    • @scottsmith4145
      @scottsmith4145 Před rokem

      Why?

  • @Aurelia349
    @Aurelia349 Před rokem

    What

  • @Rainy_Day12234
    @Rainy_Day12234 Před rokem

    Sell

  • @rokanzusan841
    @rokanzusan841 Před rokem

    Vxk hwkxx rokan rokan rokan rokan Okan ein Vater rokan