Holding a commodity is spot on and paying its value at today rate to then go to 40,000 a oz is fine, make 21.5 ×. However, if you know the digital asset that is going to be used for institutional settlements by providing the liquidity needed for settlements, backed by gold. 40,000 a oz would be 80,000x at today price.
Everyone is searching for yield. Rigged cpi, rigged jobs reports, rigged bank balance sheets. My friends in this financial game of musical chairs... Just get gold and silver now sit down and wait for the music to start.
The intrinsic value of the dollar is exactly zero. Gold at 40K would mean that the people have finally figured that out. 40k gold is the people saying the emperor has no clothes.
Well it's not going to happen as there is HUGE demand for USD internationally. I've heard these ridiculous numbers every month of every year since '08.
@@Heronymus.OmDraco it's more than that. Global debt is mostly denominated in USD. Even BRICS countries have been taking out USD loans recently. As long as the debt is there that's massive demand for USD. Some people say the FED wants the BRICS to have an actual competing currency because of the strain on the FED to provide global debt.
It really doesn't matter to me what dollar valuation gold gets priced in. $40,000 gold per oz would tell us much more about the dollar than about gold.
40k - my god how could life get any better? But many commentators have point out that we would be living under terrible global events in such circumstances. But my actual point is this: who’s going to buy our gold at 40k and in the event that someone else is prepared to give that for it, then in that case, would it wise for us to sell it ???
@@Heronymus.OmDraco What I mean is $40k ounce of gold is not meaningful data by itself. In that context how much is a loaf of bread? How much are people earning? In 1900 a house costed 75-150 oz of gold. That price is the same today, measured in gold. That is my point. $40K would tell us more about the devalued dollar than it would about gold. Gold stays the same.
Not necessarily. It could mean the bankers just stop manipulating the price downward with fraud paper silver/gold printing markets. Remember Thay are buying most of the physical gold and silver for themselves. Might that be because they also know the true value???
If BTC can go up 70K, gold and silver is next. Silver is used in everything including in missiles. Gold and silver is suppress because of all the naked short.
@bigmotor3845 when I went all in on silver and gold... It was Lynnette that made me realize I did the right thing when she said, "Gold and Silver have no counter party risk, and if you don't hold it, you dont own it!"
Would become? It is already there...I think k this is what most people don't understand. Government has and co tinies to kick the can. Just because you haven't identified the cancer yet doesn't mean you aren't living with cancer. Our economy is sick as hell...stop government spending and all hell breaks loose.
Carrots may also have gone up a trillion times as well. Still the point is well made. Deflation of fiat is sometimes hardly believable, I've tried telling people and people don't believe me.
@@felixadams7365indeed it's not going to be deflationary if it would be deflation the way to go in today's world most business would go bankrupt as businesses and governments are over indebted( it's the bigs that would remain in place ) that would definitely cause much of a recessionary period for most households and business for a very long time, imo at the point we're at, it's a point of no inflexion possible (no return) it's inflation or inflation or else recessionary times are for sure to be followed for all involved in the economy
Her spring analogy for gold is actually wrong. Just holding a spring down longer WON'T make it spring higher regardless of whether this faulty analogy is right or wrong!
Honestly, if you divide the total global debt + gdp (400 trillion USD) with the total gold available (244,000 tons), you'd get the actual value of gold pegged at $46.5k per oz
Price targets are next to pointless, since no one can know both the dollar figure and timing with any reliability. All one needs to realize is that the dollar is going to get trashed, so it's better to save long-term in an asset that doesn't rely on trusting a political or banking consortium to hold value. Those always cheat, sooner or later. And metals provide a very long track record of holding value relative to fiat currencies as well as goods and services. But I agree with everything else.
People seem to miss the point that the value of gold can be proclaimed by the government at any point in time to pay off their debt. So they spend and spend in Spain and then increase the value of gold to cover the debt they could do that right now for next year really having absolutely nothing to do with what the dollar value is at right now
1968 my dad bought me £8 worth of national savings certificates by 1986 they were worth £17 in the uk over those years we’d had a change to decimal money and 20% inflation.
@@crustyzimmerman3324 UK was bankrupt by the 70 s they had to ask IMF for loan. anyway your dad did the best he could because I believe ( corekt me if I em wrong) The weekly wage in Britain in 68 was around 5 or 10 pounds per week.
Who’s going to give $5k for an ounce of gold ? Look at the videos on here with the dealers who buy on here, they all say they’re out . They way it’s going you’ll be trading it for a loaf of bread !
I think that is way over extreme. In the past a ounce of gold topped out when a ounce of gold came close to equal the Dow Jones Industrial Average.In 1933 the worst year of the Great Depression gold was officially raised at $35 and the Dow Jones bottomed out at Dow 60.In 1980 gold topped out at a little over $800 and the Dow Jones was around Dow 800 and then gold crashed and gold gradually fell to $250 and stayed in the $250 to $395 trading range for 20 years until 2000.. I have no idea when a ounce of gold will equal the Dow but if for example gold rises to $12,000 then the Dow will bottom at 12,000
If bitcoin ,a bunch of numbers with no intrinsic value,can go to 70000 dollars,why can't gold be worth 70000 dollars,give me a break,totally corrupted asset,gold is the anti dollar ,that is why it's manipulated,but only for so long!@
Question in regards to US gold investing, In Hanoi, PNJ Co. announced a rise of VND400,000 (US$15.75) in both buying and selling gold at VND82.1 million ($3,232) and VND84.1 million ($3,310) per tael. Would this action affect the US gold prices?
Did Lynette say she doesn’t buy gold bullion? Right after saying if you don’t hold it you don’t own it? I’m confused. I only buy physical silver and gold. So I agree with her, but then she said she doesn’t buy bullion??
She buys pre-33 gold coins now because they are exempt from confiscation since they’re considered collectible was written into the laws originally when they confiscated gold She thinks it’s too easy for bullying to be confiscated different with her on this but that’s her reasoning
These people make money off of talkings out of both side of there mouth they make money getting hits on there web sight and get incentives form the big bullion dealers they make morel money in a week than us average joe will make off of the metals remember to hit the like button
In countries that are in high inflation now will not or cannot buy a lot of Gold or silver they simply don,t have the liquidity to serve all his clients . 😮
That makes no sense. If $20 was backed by 1ounce. And they printed 30Trillion of those dam things. Then divide that by the total amount of available gold in reserves that equates to 5K
In the span from Nixon taking the dollar off the gold standard, gold went from $35 in 1971 to $300 in 2001 or 2002. Thirty years span of time and 9 times higher. From 2002 to 2024, gold went from $300 to $2400. That's 8x higher over a span of 22 years. Go forward 20 years and gold goes another 8x to reach $19,200. Aah, but there is one factor that is likely to elevate that multiplier to 20x and that is due to all of the currency expansion, especially over the past ten years. That would put gold close to $40,000, no question in my mind and that would be over a span of ten years from now. You may have a different opinion, and that's fine. But this is how I see gold price rising against a declining dollar value. Be happy and keep stacking friends.
Great program absolutely great we love Lynette Zhang and you as well. Hope you have her back along with many other good guests keep up the good work and God bless you and God bless Lynette and her new venture.
When we hit end of days currency-wise. Collectables end up like Porsches, no demand, and the same for bullion collectables pushed by wheelers and dealers like ITM trading.
Silver should be higher than gold. Most of it has already been mined. It is used in technology (and then thrown away). Silver is "what is out there is all there is").
If the Japanese Yen was going through deflation which means that their currency is getting stronger and the prices of things they buy are going down why would that be the reverse against the dollar as a dollar seems to be strengthening but yet the Yen should be strengthening against the dollar if the dollar is being pumped out side of the United States at 60 to 90 billion at a time you would think the dxy would reflect that and again would be gaining on the dollar but that's not happening so somebody please explain to me why that's not happening
No, because when the Federal Reserve Note was backed (until ''71), it was only a 20% backing!! Doesn't Zang know that?? So the price projected on that ratio would be a FIFTH of her $40k projection, which would be only $8k!
Gold card confiscation from the government has happened in the past. "Collector" coins are different under past confiscation. Who knows what tomorrow will bring.
She says she buys more pre 1933 gold bc when they made it illegal to own gold the pre 1933 gold coins were still legal to hold as many as possible bc they were viewed as collectible.
I’ve heard Lynette say on numerous occasions she has been involved in the financial markets since 1964 at some level. At just what level were you involved in the financial markets in 1964 when you were 10 years old?
She started working at a bank when she was 16. I think she had an uncle that was working with her when she was younger regaurding stocks, bonds, metals. .
Gold will always be valuable but will never be backing the dollar because then you can print money. Money printing is absolutely necessary for wars, expansion of the economy (growth).
I wonder how easy it will be tonight convert gol and silver as you need to. I would imagine fractional pieces would be the most liquid assets. Is this true?
I adore women like her - a wild spirit in the best sense. She brilliantly elucidated the significance of gold in today's world. With her, you always have top-notch guests. Thank you both for the enriching insights!
She says she buys more pre 1933 gold bc when they made it illegal to own gold the pre 1933 gold coins were still legal to hold as many as possible bc they were viewed as collectible.
If (arguably when) the dollar crash’s gold will hit insane numbers no doubt …what won’t change is your favorite uncle will be relieving you of those metals you’ve been hoarding. They’ve done before as it turned out they only took the gold (1933) but they passed legislation to seize the silver as well they just didn’t do it. This time around…who knows I suppose it could come down to timing as in invest them in something of value before they advise they’re taking it. I suspect they have everything ready to go …
It would cause global mayhem, therefore unlikely. Central banks are doing everything they can to control the price. I know that here in Taiwan most people hold and save cash, USD etc and the loss of those values would be catastrophic to public security here.
These people are delusional if gold and silver go as high as they say it’s going a damn pickup 🛻 will cost you 500,000dollars a hamburger 🍔 and 🍟 will cost you 200,00 dollars don’t get me wrong both are good investments but everything else will go up to back when gold cost around 135.00 an oz you could bay a corvette for 5000.00 dollars now gold is 2300.00 and and now it’s going to take 4oz of to just pay the sales tax on a corvette now you tell me what a world with 40,000 dollars an oz gold will be like what will your living expensive be
What does she mean by "I don't buy gold bullion anymore?" She says she stays in the "physical only world." Isn't physical gold bullion in the physical only world? Is she saying she only buys coins for their numismatic value now?
Collectable Pre 1930 or whatever Gold pieces that were minted by the US Mint Still a ounce of gold Be like British Sovereigns French whatever Countries back in them days Minted Gold and Silver Coins And because there collectable some feel they could be exempt from any confiscation like what happened in 1933 Besides the Wealthy deal in the High quality rare one's and will always be in demand and hold there Value despite what spot price is 😮 Just bye Bullion bro if you're buying, Not your fault you lost it in a Boating accident
Lynette always like pre 1933 gold coins. This is because the pre-33 coins are considered collectibles. Lynette feels the govt will outlaw owning American eagles, Buffalo coins.
If Central Banks r buying physical gold on the quiet... It is definitely prudent to buy some amount that one is financially comfortable with ... Physical gold is generic money n is universally convertible to any nation's currency...
when gold hits starting at 10,000 you better have moved by then because all the people you know will have no choice but to come for your $$$ because they will have none 😢
To cover everything they invented on paper..gold would have to be a few hundred thousand dollars an ounce. That's how bad it is .if you include overpriced assets like stocks and realestate a half million an ounce probably wouldn't cover it.
It’s the unlimited rock that all of it comes from which is priceless. How long will people play this game? The imf/world bank still gives the price to gold? Then it’s still within the same system here just going to have a different currency to convert into but you’ll still be under the same rules because as u said u consented to using their crap system of paying for our existence. Anyhow, it’s all secured, kindness credits the only ledger that gives u back your estate, forget the gold. It’s all legal- become lawful instead and see it all change. minister Emoven x
I rather invest in gold and silver than crypto.I’m physically holding something which have real value
Bitcoin is the biggest Ponzi scheme in history
The Canadian truckers were prime example , government just froze it. Gold and silver has to be stripped outta your hand!
@@justfedup If you entrusted your bank for safekeeping gold you have a problem
Holding a commodity is spot on and paying its value at today rate to then go to 40,000 a oz is fine, make 21.5 ×. However, if you know the digital asset that is going to be used for institutional settlements by providing the liquidity needed for settlements, backed by gold. 40,000 a oz would be 80,000x at today price.
Crypto is the ultimate fiat
Everyone is searching for yield. Rigged cpi, rigged jobs reports, rigged bank balance sheets. My friends in this financial game of musical chairs... Just get gold and silver now sit down and wait for the music to start.
Don't forget about popcorn and potato chips. 🙃🤣
Good way to put it
Oh yes- 100 percent agreed. Great comment.
@@vincentyeo88 I like them too
Gold at $40k per ounce would simply indicate the dollar value is near zero.
The intrinsic value of the dollar is exactly zero. Gold at 40K would mean that the people have finally figured that out. 40k gold is the people saying the emperor has no clothes.
Absolutely. Good riddance. The debt based fiat currency needs to go. It's time for the metals to shine
Well it's not going to happen as there is HUGE demand for USD internationally. I've heard these ridiculous numbers every month of every year since '08.
It’s supposedly worth 1-2% what it once was. It’s value at 40k gold would be so small it would be measured in satoshis 🎉😂😂
@@Heronymus.OmDraco it's more than that. Global debt is mostly denominated in USD. Even BRICS countries have been taking out USD loans recently. As long as the debt is there that's massive demand for USD. Some people say the FED wants the BRICS to have an actual competing currency because of the strain on the FED to provide global debt.
Thank you for hosting Lynette. She is the best of the best.
You are welcome.
It really doesn't matter to me what dollar valuation gold gets priced in. $40,000 gold per oz would tell us much more about the dollar than about gold.
40k - my god how could life get any better? But many commentators have point out that we would be living under terrible global events in such circumstances. But my actual point is this: who’s going to buy our gold at 40k and in the event that someone else is prepared to give that for it, then in that case, would it wise for us to sell it ???
@@crustyzimmerman3324 ANY coin shop of online dealer will buy it AT ANY PRICE.
@@Heronymus.OmDraco What I mean is $40k ounce of gold is not meaningful data by itself. In that context how much is a loaf of bread? How much are people earning? In 1900 a house costed 75-150 oz of gold. That price is the same today, measured in gold. That is my point. $40K would tell us more about the devalued dollar than it would about gold. Gold stays the same.
@crustyzimmerman3324 Good questions. There are unfortunately aspects of all of this that will have to be figured out as it plays out.
Not necessarily. It could mean the bankers just stop manipulating the price downward with fraud paper silver/gold printing markets. Remember Thay are buying most of the physical gold and silver for themselves. Might that be because they also know the true value???
If BTC can go up 70K, gold and silver is next. Silver is used in everything including in missiles. Gold and silver is suppress because of all the naked short.
No it can't metals don't have a fixed supply.
Get curency out of the banks Buy gold and silver
Lynette was one of the first people that I can remember utilizing the term “ Become your own central bank “.
She also advocates buying physical gold and silver..."If you don't hold tight, you don't own it!"
That was a keen observation. But in Her humility, let bit go. I dislike those types of hosts.
@bigmotor3845 when I went all in on silver and gold... It was Lynnette that made me realize I did the right thing when she said, "Gold and Silver have no counter party risk, and if you don't hold it, you dont own it!"
Just look at the shops in High Street they are nearly all shut everywhere in the UK or USA its all turned too shit, that starts to tell a story
@@dickie8918And nail bars and hairdressers and charity shops . Some of the above are needed to launder
Seriously, if gold really hit $40,000 imagine how bad the US currency would become.
MAD MAX WORLD, TERRIBLE, WONDER WHAT SILVER BE AN OUNCE? $400 AN OUNCE?🤔🇺🇲🇺🇲🇺🇲
@@hendo19742probably more like $800 @50 to one
It’s already bad. Will just expose it
Would become? It is already there...I think k this is what most people don't understand. Government has and co tinies to kick the can. Just because you haven't identified the cancer yet doesn't mean you aren't living with cancer. Our economy is sick as hell...stop government spending and all hell breaks loose.
Exactly I think it is bad people just haven't realized it ? Why elites are building bunkers
Thank you for having Lynette on your program
Weimar Republic, Gold went for 170 Marks to 170 trillion.
Then what happened after?
@@aerotus888 The Austrian Painter was voted in and tried to save us from our current fate.
Carrots may also have gone up a trillion times as well. Still the point is well made. Deflation of fiat is sometimes hardly believable, I've tried telling people and people don't believe me.
@@felixadams7365 I grow my own carrots, spuds and onions and have 500 tins of corned beef in the pantry, so all good.
@@felixadams7365indeed it's not going to be deflationary if it would be deflation the way to go in today's world most business would go bankrupt as businesses and governments are over indebted( it's the bigs that would remain in place ) that would definitely cause much of a recessionary period for most households and business for a very long time, imo at the point we're at, it's a point of no inflexion possible (no return) it's inflation or inflation or else recessionary times are for sure to be followed for all involved in the economy
I am grateful for this informative information. Lynette, you are doing things right. You look fantastic.
Gotta love Lynette’s passion! She’s the real deal, not just a paid off talking head! You go LZ!❤
Her spring analogy for gold is actually wrong. Just holding a spring down longer WON'T make it spring higher regardless of whether this faulty analogy is right or wrong!
Honestly, if you divide the total global debt + gdp (400 trillion USD) with the total gold available (244,000 tons), you'd get the actual value of gold pegged at $46.5k per oz
Price targets are next to pointless, since no one can know both the dollar figure and timing with any reliability. All one needs to realize is that the dollar is going to get trashed, so it's better to save long-term in an asset that doesn't rely on trusting a political or banking consortium to hold value. Those always cheat, sooner or later. And metals provide a very long track record of holding value relative to fiat currencies as well as goods and services. But I agree with everything else.
I own it and I hold it!!!!
People seem to miss the point that the value of gold can be proclaimed by the government at any point in time to pay off their debt. So they spend and spend in Spain and then increase the value of gold to cover the debt they could do that right now for next year really having absolutely nothing to do with what the dollar value is at right now
In the 1970 Gold price 35 dollars per ounce. 1979 Gold price up to 850. Today repeat Gold price 57.680 dollars per ounce 🥇🥇🥇
Gold olympic medal😊 within 3 months..
1968 my dad bought me £8 worth of national savings certificates by 1986 they were worth £17 in the uk over those years we’d had a change to decimal money and 20% inflation.
I hope Nostradomis told you to post that
@@stevengoodkin No check the Gold standard untl. 1971 and Charts of Gold . I guess you don't know Anything about Gold
@@crustyzimmerman3324 UK was bankrupt by the 70 s they had to ask IMF for loan. anyway your dad did the best he could because I believe ( corekt me if I em wrong) The weekly wage in Britain in 68 was around 5 or 10 pounds per week.
Take a shot everytime Lynette pulls out a silver coin
I'll be greatfull for Gold to go to 4k..5k..Blessings 📀📀💕💕
Gold does not go up. Currency goes down. Be careful what you wish for.
It will at the same time gas hits 10.00 a gallon.
@@ld9044 Not always dollar still strong and gold price high
Who’s going to give $5k for an ounce of gold ? Look at the videos on here with the dealers who buy on here, they all say they’re out . They way it’s going you’ll be trading it for a loaf of bread !
Lynette is the big sister I never had... ain't she just the greatest? Thanks for this upload!
I think that is way over extreme. In the past a ounce of gold topped out when a ounce of gold came close to equal the Dow Jones Industrial Average.In 1933 the worst year of the Great Depression gold was officially raised at $35 and the Dow Jones bottomed out at Dow 60.In 1980 gold topped out at a little over $800 and the Dow Jones was around Dow 800 and then gold crashed and gold gradually fell to $250 and stayed in the $250 to $395 trading range for 20 years until 2000.. I have no idea when a ounce of gold will equal the Dow but if for example gold rises to $12,000 then the Dow will bottom at 12,000
If bitcoin ,a bunch of numbers with no intrinsic value,can go to 70000 dollars,why can't gold be worth 70000 dollars,give me a break,totally corrupted asset,gold is the anti dollar ,that is why it's manipulated,but only for so long!@
Question in regards to US gold investing, In Hanoi, PNJ Co. announced a rise of VND400,000 (US$15.75) in both buying and selling gold at VND82.1 million ($3,232) and VND84.1 million ($3,310) per tael. Would this action affect the US gold prices?
100% privacy only 🔒thats why i own physical gold & silver 👌🏽
Did Lynette say she doesn’t buy gold bullion? Right after saying if you don’t hold it you don’t own it? I’m confused. I only buy physical silver and gold. So I agree with her, but then she said she doesn’t buy bullion??
She buys pre-33 gold coins now because they are exempt from confiscation since they’re considered collectible was written into the laws originally when they confiscated gold She thinks it’s too easy for bullying to be confiscated different with her on this but that’s her reasoning
These people make money off of talkings out of both side of there mouth they make money getting hits on there web sight and get incentives form the big bullion dealers they make morel money in a week than us average joe will make off of the metals remember to hit the like button
In countries that are in high inflation now will not or cannot buy a lot of Gold or silver they simply don,t have the liquidity to serve all his clients . 😮
That makes no sense. If $20 was backed by 1ounce. And they printed 30Trillion of those dam things. Then divide that by the total amount of available gold in reserves that equates to 5K
In the span from Nixon taking the dollar off the gold standard, gold went from $35 in 1971 to $300 in 2001 or 2002. Thirty years span of time and 9 times higher. From 2002 to 2024, gold went from $300 to $2400. That's 8x higher over a span of 22 years. Go forward 20 years and gold goes another 8x to reach $19,200. Aah, but there is one factor that is likely to elevate that multiplier to 20x and that is due to all of the currency expansion, especially over the past ten years. That would put gold close to $40,000, no question in my mind and that would be over a span of ten years from now. You may have a different opinion, and that's fine. But this is how I see gold price rising against a declining dollar value. Be happy and keep stacking friends.
Lynnette, I remembered years ago you talked about the tokenization of everything and people thought you were fear mongering
Your not alone in remembering, I was hoping she was wrong
Lynette is solid. Like most, timing is always near impossible.
I remember too!! Now it's happening
Great program absolutely great we love Lynette Zhang and you as well. Hope you have her back along with many other good guests keep up the good work and God bless you and God bless Lynette and her new venture.
Thanks for the kind words - much appreciated. :)
Thank you for having Lynnette
Something tells me 24k is the top. Not advice
When we hit end of days currency-wise. Collectables end up like Porsches, no demand, and the same for bullion collectables pushed by wheelers and dealers like ITM trading.
bullion collectables = overpriced numismatic coins
Thank you for having Lynette . I foiiow her for years now. Learn so much from her because she explained everything in plain simple terms❤
Truer value of gold as the ultimate - risk - off assets would be that currently enjoyed by bitcoin.
All the riches but, no goods available to buy!
Silver should then be more than $500/oz.
Silver should be higher than gold. Most of it has already been mined. It is used in technology (and then thrown away). Silver is "what is out there is all there is").
Would that make silver be $400/oz?
Total money supply divided by the total gold oz gets you the price. Even if you had a 40% backing is $27,000.
Who would be stupid enough to purchase sub prime US Bonds?
Absolutely love this lady - such a common sense approach to finance.
Great segment - Thanks !!
Ambiguity is hard, so is life. The only certainty in the markets is uncertainty. Those with the gold make the rules - she’s right on that
Great... Who will pay you that when you need 'worthless' cash? All these dealers advertising like mad to sell their gold for our cash.
Exactly
LYNNETTE ZANG HAS A WEALTH OF KNOWLEDGE AS WELL AS GREAT INSIGHT TO WHAT IS GOING ON IN THE MARKET👍
If the Japanese Yen was going through deflation which means that their currency is getting stronger and the prices of things they buy are going down why would that be the reverse against the dollar as a dollar seems to be strengthening but yet the Yen should be strengthening against the dollar if the dollar is being pumped out side of the United States at 60 to 90 billion at a time you would think the dxy would reflect that and again would be gaining on the dollar but that's not happening so somebody please explain to me why that's not happening
Lynette, one of the BEST in physical silver and gold industry, philippines is using HER as barometer. Jess garcia, MANILA
No, because when the Federal Reserve Note was backed (until ''71), it was only a 20% backing!! Doesn't Zang know that??
So the price projected on that ratio would be a FIFTH of her $40k projection, which would be only $8k!
I'm just wondering why I can still buy gold and silver if the Fiat dollar is not backed by gold Or oil? 🤔
I listen to a shit load of financials. I learned a lot. Bravo
Lynette. Zang. is one of the Best 100 % . Always Like 👍👍
That's why ITM canned her
Did Lynette just say she doesnt hold bullion? (At 18:00) What am i missing here?
Gold card confiscation from the government has happened in the past. "Collector" coins are different under past confiscation. Who knows what tomorrow will bring.
She says she buys more pre 1933 gold bc when they made it illegal to own gold the pre 1933 gold coins were still legal to hold as many as possible bc they were viewed as collectible.
I’ve heard Lynette say on numerous occasions she has been involved in the financial markets since 1964 at some level. At just what level were you involved in the financial markets in 1964 when you were 10 years old?
She started working at a bank when she was 16. I think she had an uncle that was working with her when she was younger regaurding stocks, bonds, metals. .
Jim Sinclair I think was around 50k
Didn't Sinclair and Holter come out with $87 thousand if you priced it against the worlds debt?
Paper dollars = TP
Physical precious metals in your possesion is money!
Are the central banks only buying gold, or are they buying silver, too?
They are not buying gold they are buying new printers.🎉
Both
Gold will always be valuable but will never be backing the dollar because then you can print money. Money printing is absolutely necessary for wars, expansion of the economy (growth).
How can people predict crazy prices like $40,000? Ridiculous!
if someone many yrs ago tells u bitcoin price will rise to $90,000, u willl say the same.....
Today gold is down but silver is up! 😊
You deserve the good feedback brother. Keep it up!
Thank you 🙏
I wonder how easy it will be tonight convert gol and silver as you need to. I would imagine fractional pieces would be the most liquid assets. Is this true?
They did it in Venezuela when the US started sanctioning that country. They used gold and silver for trade.
I certainly hope this is a major miscalculation since the dollar wouldn’t be worth holding anymore
I adore women like her - a wild spirit in the best sense. She brilliantly elucidated the significance of gold in today's world. With her, you always have top-notch guests. Thank you both for the enriching insights!
If there is a big bust in the economy and comodity prices goes down, will this also affect gold prices negativly in the short picture?
Yes,but not for long,gold will go up faster than stocks,again,just look at history!
Did I just hear Lynette say she doesn’t buy gold bullion?
These people talk out of both sides of their mouth I don’t pay any attention to them they make their money of running there head
She says she buys more pre 1933 gold bc when they made it illegal to own gold the pre 1933 gold coins were still legal to hold as many as possible bc they were viewed as collectible.
What happens if silver goes to les than 20oz per 1oz gold like it has been for 6,000years up until recently 200 years ago??
Gold is "" transitory "" Jerome Powell 😂😂😂
Das ist nur Geld .aller 80 Jahre . Vergänglich.🔥🔥🔥🔥🔥🔥🔥
Raise in gold price shows Central banks loosing control..
So what happens to jewellers price will be unaffordable for people to buy jewellery
You' ll be lucky if you had a spec of gold ✨️ on your necklace a whole chain is overreach.
If (arguably when) the dollar crash’s gold will hit insane numbers no doubt …what won’t change is your favorite uncle will be relieving you of those metals you’ve been hoarding. They’ve done before as it turned out they only took the gold (1933) but they passed legislation to seize the silver as well they just didn’t do it. This time around…who knows
I suppose it could come down to timing as in invest them in something of value before they advise they’re taking it. I suspect they have everything ready to go …
Love this vid ... Spot on Lynette ❤
If Gold goes to 40k.. a loaf, a bread will be 1k a loaf, 1K for milk. So, i WOULDN'T be thinking you will get rich, you will still be poor
A low or highly rich
...you will be able to buy bread.
It would cause global mayhem, therefore unlikely. Central banks are doing everything they can to control the price. I know that here in Taiwan most people hold and save cash, USD etc and the loss of those values would be catastrophic to public security here.
As always, a great video with useful information!
Glad it was helpful!
These people are delusional if gold and silver go as high as they say it’s going a damn pickup 🛻 will cost you 500,000dollars a hamburger 🍔 and 🍟 will cost you 200,00 dollars don’t get me wrong both are good investments but everything else will go up to back when gold cost around 135.00 an oz you could bay a corvette for 5000.00 dollars now gold is 2300.00 and and now it’s going to take 4oz of to just pay the sales tax on a corvette now you tell me what a world with 40,000 dollars an oz gold will be like what will your living expensive be
SERIOUSLY NOW , 10.000 IS ABOUT AS HIGH AS IT CAN GET WITHOUT TOTAL DISTRUCTION TO THE EVONOMY ... ANY HIGHER IT HAS TO BE MANUPILATED ...
KAI, YOU’RE THE MAN, GOODLUCK, Jess
$200,0000 dong 😂... That's what she said😂😂 ( just my inner child speaking😂)
Lynette is emotional regardingnthis subject. Nothing wrong with her energy.
Doesn’t matter the price. Nobody wants to pay market value. Good luck on selling!
What if I have zim currency it a bond
Is it trade for gold
What does she mean by "I don't buy gold bullion anymore?" She says she stays in the "physical only world." Isn't physical gold bullion in the physical only world? Is she saying she only buys coins for their numismatic value now?
Collectable only pre 1933
Collectable Pre 1930 or whatever Gold pieces that were minted by the US Mint
Still a ounce of gold
Be like British Sovereigns French whatever
Countries back in them days
Minted Gold and Silver Coins
And because there collectable some feel they could be exempt from any confiscation like what happened in 1933
Besides the Wealthy deal in the High quality rare one's and will always be in demand and hold there Value despite what spot price is 😮
Just bye Bullion bro if you're buying, Not your fault you lost it in a Boating accident
Actual gold and silver coins aren't bullion. .999 or .9999 is bullion
Lynette always like pre 1933 gold coins. This is because the pre-33 coins are considered collectibles. Lynette feels the govt will outlaw owning American eagles, Buffalo coins.
Collectible coins only for gold.
Really enjoyed this conversation.
Thank you
Just subscribed
Let's do $2500 first eh, folks!🙄
honestly this lady is good at sounding correct
If you are not subscribed to Lynette Zang why not?
or Soar Financially for that matter ;)
If Central Banks r buying physical gold on the quiet...
It is definitely prudent to buy some amount that one is financially comfortable with ...
Physical gold is generic money n is universally convertible to any nation's currency...
when gold hits starting at 10,000 you better have moved by then because all the people you know will have no choice but to come for your $$$ because they will have none 😢
People say don’t put your cash in the bank . But how do you survive without cash in the bank .
Gold appreciates as a hedge to your cash in the bank that is worth less every day
Only enough for monthly bills, everything else should be used to accumulate commodities.
That’s why you purchase food, medical supplies etc now.
I took all my money out of the bank. I've paid cash for two years
@@megangraham9684good job!!!
Kai - you need to fix the audio issues. You're too quiet & guests much louder
Thanks, looking into it.
Bullion gold and silver is the only way to buy . The coin of the realm . Pretty coins are like exotic sports cars .
At the current premium, you can get MS64 pre33 double Eagles for about the same as Bullion.
Then, the question will be: what is the purchase power of $40,000 ?
0.0🔥🔥🔥🔥🔥🔥🔥☝️
To cover everything they invented on paper..gold would have to be a few hundred thousand dollars an ounce. That's how bad it is .if you include overpriced assets like stocks and realestate a half million an ounce probably wouldn't cover it.
Everybody's trying to save everything but they're soul
It’s the unlimited rock that all of it comes from which is priceless. How long will people play this game? The imf/world bank still gives the price to gold? Then it’s still within the same system here just going to have a different currency to convert into but you’ll still be under the same rules because as u said u consented to using their crap system of paying for our existence. Anyhow, it’s all secured, kindness credits the only ledger that gives u back your estate, forget the gold. It’s all legal- become lawful instead and see it all change. minister Emoven x
MAD MAX GOLD PRICES MENTIONED 😬😬😬🙈🙈🙈 NOT GOOD AT ALL!👀👀
Thank you love Lynette!
And to whom would you sell it at 40,000 certainly dont want fist,, unless your paying off mortgage etc.
fiat
Well the formula is as of April 2024 the total west debt divided by the gold above ground.
awesome episode