Barrick CEO: Gold’s real rally hasn’t even come yet; Mark Bristow on Q2 results, forward guidance

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  • čas přidán 21. 08. 2024

Komentáře • 278

  • @911aircooled5
    @911aircooled5 Před 3 lety +16

    Well done David, to the piont questioning. Great to see a CEO in a interview. Thanks Kitco.

  • @edpalmieri8647
    @edpalmieri8647 Před 3 lety +7

    Mark is the best CEO in the gold industry!
    No words to describe his excellency!!!

  • @DC-xt1pt
    @DC-xt1pt Před 3 lety +8

    Adding to so many of the comments on here, I have to say DL is one of the most entertaining, intelligent hosts on the tube. While I am sure he is very much in the know, he always treats each guest as though they have so much insight for him to glean from. Excellent approach and great interviews!

  • @franckberthelon8611
    @franckberthelon8611 Před 3 lety +57

    David another great interview, your smart questions are a demonstration of why so many of the best respect you, and come to be interviewed by you.. Keep the good work.

    • @kwamebushman606
      @kwamebushman606 Před 3 lety +1

      Why do you people buy this nonense?

    • @franckberthelon8611
      @franckberthelon8611 Před 3 lety

      @@kwamebushman606 Someone has to..

    • @dragon.fromindia3235
      @dragon.fromindia3235 Před 3 lety

      Gold price is Already high from 2018 then why is not falling.

    • @jessyjames7508
      @jessyjames7508 Před 3 lety

      If our civilization wants to have a better standard of living we MUST find resources, unless you want to return to a medieval era? Mining is a dirty, difficult and costly endeavor. We should be thanking Mark, and other officers like Keith Neumeyer, that work hard everyday to generate these elements. Not only do they promote positive organizational culture, they also remind us of the importance of governance in this industry. Thanks, David! And thanks Kitco!

  • @ronaldshiffman9171
    @ronaldshiffman9171 Před 3 lety +7

    Mark Bristow - fantastic CEO.

  • @timothykosnoff6340
    @timothykosnoff6340 Před 3 lety +4

    David, you are great, generally, always prepared, well prepared, and poised. You hit it out of the park with this interview. Most informative interview ever. Of course, you had a teriffic subject in Mark, but you drew out so much gold from him. I hope Kitco is paying you enough. I’ll follow you anywhere. Again, bravo.

  • @jasonclement6305
    @jasonclement6305 Před 3 lety +18

    Great interview. Bring him back!

  • @kyleorgel7337
    @kyleorgel7337 Před 3 lety +24

    I would love to hear more comments from Bristow but he doesn't go on media too much. Anybody think the same thing? One of my top holdings is Barrick.

    • @hansdoreen
      @hansdoreen Před 3 lety +4

      Most CEOs don't. Unlike Elon Musk.

    • @peterlattimore6013
      @peterlattimore6013 Před 3 lety +2

      Bristow doesn't need to go on the media circuit as Barrick is self-funded...

    • @kyleorgel7337
      @kyleorgel7337 Před 3 lety +1

      @@peterlattimore6013 agreed, just meant does anyone agree that they'd like to hear from him more

    • @jeanieygh
      @jeanieygh Před 3 lety +1

      Yessss need to hear more from this Best of the best CEO....v humble guy too

    • @awestphal9602
      @awestphal9602 Před 3 lety

      Hans iii

  • @mheap1986
    @mheap1986 Před 3 lety +8

    MB seemed to enjoy answering some quality questions, nice interview DL!

  • @thenewamericanrealist
    @thenewamericanrealist Před 3 lety +20

    Great interview. Bought Barrick on Friday and Monday. This decade will be all about precious metals, biggest, longest bull market ever and unfortunately millennials will jump in when the party is over. Good news is they will learn the importance of precious metals, for instance they can’t tweet without silver or mine Bitcoin without gold.

    • @philleach6271
      @philleach6271 Před 3 lety +2

      😂😂 been hearing that for a decade now. My Bitcoin has definitely outperformed my gold over the last 7 years.

    • @kwamebushman606
      @kwamebushman606 Před 3 lety

      Don't worry, you'll wake up every week and it'll be LOWER. Keep buying 🤣🤣

    • @KodeStreet
      @KodeStreet Před 3 lety +1

      Been buying PM’s since 2017. I’m a millennial. Hopefully, you meant not most in your statement

    • @thenewamericanrealist
      @thenewamericanrealist Před 3 lety +1

      @@KodeStreet most millennials do not own a Gram of physical gold. That’s a fact

    • @KodeStreet
      @KodeStreet Před 3 lety +4

      @@thenewamericanrealist the fact is, most Americans don’t own any PM’s❗️No matter the generation‼️

  • @colinwhittington2798
    @colinwhittington2798 Před 3 lety

    Great interview and great results by Mark Bristow and Barrick. Mark always talks sense.

  • @Firekid144
    @Firekid144 Před 3 lety +6

    Credit to David who always bring high quality to his show. Fantastic interview!

  • @alisonroman2991
    @alisonroman2991 Před 3 lety +7

    It’s a pity that most people out there struggling through intense hardship and have ignored Bitcoin, were as bitcoin can uplift their financial status.

  • @jaygannon3560
    @jaygannon3560 Před 3 lety +4

    In the New Jerusalem of the New World, the streets will be made of gold...NOT bitcoin!!! The Father knows the value of gold.

  • @EVERYTHINGUNEDITED1
    @EVERYTHINGUNEDITED1 Před 3 lety +9

    BARRICK , torex gold, kinross and b2gold....
    All these such amazing deals to buy

    • @davida4711
      @davida4711 Před 3 lety +1

      You can add Alamos gold and Fresnillo

    • @popo24ize
      @popo24ize Před 3 lety

      I guess those r your holdings

    • @EVERYTHINGUNEDITED1
      @EVERYTHINGUNEDITED1 Před 3 lety +1

      @@popo24ize nope, just kinross and b2

    • @EVERYTHINGUNEDITED1
      @EVERYTHINGUNEDITED1 Před 3 lety

      @@popo24ize adding torex to my holdings soon

    • @edmundmcgrath213
      @edmundmcgrath213 Před 3 lety +1

      Mining stocks worst investment in the history of the universe. Guaranteed losers every time

  • @dave8212
    @dave8212 Před 3 lety +1

    Excellent David, thanks to you and Mark for a great interview ! 👍❤️

  • @aliyubawa8356
    @aliyubawa8356 Před rokem

    Great work Loatedcyber - so glad you are out there fighting these lowlifes. We need to do all we can to spare the elderly and the general public from these despicable scammers! Kudos to YOU!! You deserve the Nobel prize for keeping us safe and making sure we get our usdt back, big up brother Loatedcyber.............

  • @Bristow-kb4fi
    @Bristow-kb4fi Před 3 lety +2

    Mark Bristow--Great interview!

  • @maladaptedmalarkey
    @maladaptedmalarkey Před 3 lety +1

    Hmm. I am not particularly taken by the gold narrative, but I must admit, if copper is going to increase to 20% of Barrick Gold’s revenue, it is much more interesting. I think I’ll be doing some research this weekend.

  • @rustyshackleford2719
    @rustyshackleford2719 Před 3 lety +4

    I'm in total agreement with Mark. Last year wasn't even the start of this gold bull.

    • @jorgegomez524
      @jorgegomez524 Před 3 lety

      hard to disagree with that, we just have see the graph lol

  • @jeanieygh
    @jeanieygh Před 3 lety +2

    Mark is a genius...he remake Barick to 1st class....thkq sir

  • @bobbyjonson2944
    @bobbyjonson2944 Před 3 lety +4

    Now that's a CEO that everyone needs on there side has good background and move ability forward

  • @miczim11
    @miczim11 Před 3 lety +2

    As a south african myself, who has been to many of the mines that Bristow has built in Africa - most notably Morila, Loulo and Kibali - Bristow is a truly exception person. I have witnessed first hand the ability of mining, done responsibly, to uplift communities and standards of living (as controversial an opinion as that may be) But I must also say - David Lin is just an excellent excellent interviewer. He is probably the best financial market interviewer I have come across - and certainly the best in the mining space. Watch how he handles himself, allows the interviewee the time to speak without interruption, and generally just asks the right questions. He also develops rapport with the guest. Well done David, please keep up the good work.

  • @pauldichtel6410
    @pauldichtel6410 Před 3 lety

    David Lin you are doing a great job.

  • @freedomchannel3656
    @freedomchannel3656 Před 3 lety +18

    Personally I'm not too concerned with the Fiat dollar value of the gold are more focused on accumulation

  • @davidkrempasky7086
    @davidkrempasky7086 Před 3 lety +6

    I love Gooollldd! The smell of it, the taste, the texture...

    • @aaz1992
      @aaz1992 Před 3 lety +2

      Might wanna see your doc, fam

    • @420Gold
      @420Gold Před 3 lety +1

      This guy needs a golden flesh light

    • @idobackflipz
      @idobackflipz Před 2 lety

      Do you like golden showers ?

  • @jemje2007
    @jemje2007 Před 3 lety +5

    Barrick Gold has 5 of 10 world’s largest gold mines.

    • @bitcoindaddy1
      @bitcoindaddy1 Před 3 lety +1

      And yet we all believe the CEO can TA a 2008 fractal…one has nothing to do with another

    • @jorgegomez524
      @jorgegomez524 Před 3 lety +1

      not alwas placed in the best countries. that counts too

    • @svengieszler3317
      @svengieszler3317 Před 2 lety

      ,, Osmium '' Rarest precious metal on Earth

  • @bharatsangam2200
    @bharatsangam2200 Před 3 lety +6

    All collectors of silver have got caught holding tones of silver bought at high prices .on their heads .

  • @drip369
    @drip369 Před 3 lety +11

    Just bought more Barrick today

    • @popo24ize
      @popo24ize Před 3 lety +3

      Good entry price!!!! That's clearly a bottom or close to it.👍🏽 Nice move

    • @moon1val
      @moon1val Před 3 lety +1

      @@popo24ize hope so. 18 could be tested

    • @drip369
      @drip369 Před 3 lety +1

      @@popo24ize I've had many shares for some time, bought many when it was between $18&22 as it capped last year around $25 (post Buffet news) so yeah, getting some at $19.99 today and then one more share at $19.98 is a smile widener

  • @ryanbattistoni9775
    @ryanbattistoni9775 Před 3 lety +3

    David just interviewed the largest gold mineing company's ceo and killed it....This is my favorite channel

  • @pauldichtel6410
    @pauldichtel6410 Před 3 lety

    I am enjoying this very thoroughly.

  • @fandangofandango2022
    @fandangofandango2022 Před 3 lety +1

    Great Constructive Interview.

  • @frankrosebrock4424
    @frankrosebrock4424 Před 3 lety

    I like his attitude and approach.

  • @rgg8044
    @rgg8044 Před 3 lety +1

    Great interview!!

  • @kingjtjt
    @kingjtjt Před 3 lety +8

    Conflict of interest

    • @edmundmcgrath213
      @edmundmcgrath213 Před 3 lety +1

      Boy no kidding. The shocking thing is that most of these posters are blinded and can't see that. Good point

  • @rhwinner
    @rhwinner Před 3 lety +21

    Barrick pays a pretty nice dividend...

    • @sang3Eta
      @sang3Eta Před 3 lety +1

      Really? I just looked up Barrick (GOLD) on Google finance and it said no dividend. Meanwhile Centamin (CEY) 8.51%, Polymetal (POLY) 6.33%.

    • @closer71
      @closer71 Před 3 lety +1

      @@sang3Eta He’s probably confusing Barrick with FNV. Their last dividend was $2.65/ share.

    • @popo24ize
      @popo24ize Před 3 lety +1

      @@sang3Eta 4.33% dividend for barrick

    • @johngoogle7626
      @johngoogle7626 Před 3 lety

      .23 cents per share. SCCO (copper) is .90 cents per share.

    • @rhwinner
      @rhwinner Před 3 lety +1

      @@johngoogle7626 My bad then, I thought it was closer to 2 or 3%...

  • @philleach6271
    @philleach6271 Před 3 lety +4

    Gold has lost about 50 % of its purchasing power over the last decade- it needs to be at 5k plus just to catch up !

    • @sivi9741
      @sivi9741 Před 3 lety

      I guess it’s if :
      all the debts are repayable which I don’t think it is .

  • @jackwang8878
    @jackwang8878 Před 3 lety +2

    :) Let's go Barrick Gold... Mayyybe we can start share buybacks? ;)

  • @pauldichtel6410
    @pauldichtel6410 Před 3 lety

    Great show!

  • @user-qv4cm1yk5q
    @user-qv4cm1yk5q Před 3 lety +10

    It’s amazing the people who can print endless amounts of money are allowed to be vague it’s so disgusting

    • @user-qv4cm1yk5q
      @user-qv4cm1yk5q Před 3 lety +1

      @john_ben123.It’s amazing the people who can print endless amounts of money are allowed to be vague it’s so disgusting

  • @ianjones1760
    @ianjones1760 Před 3 lety +1

    Very impressive ceo

  • @rohitjayasheel
    @rohitjayasheel Před 3 lety +1

    Great interview.
    Fantastic work. Thankyou Mark and David

  • @bjd15664
    @bjd15664 Před 3 lety +1

    Why do gold/silver miners never hold gold/silver on their balance sheets?

  • @AnimEva_33
    @AnimEva_33 Před 3 lety +4

    I'll add to my GOLD holding here! Prices are too good

  • @Hotmanden
    @Hotmanden Před 3 lety

    great host

  • @kn9ioutom
    @kn9ioutom Před 3 lety +1

    GLD Still Going Strong !!!

  • @kingtolba1487
    @kingtolba1487 Před 3 lety +5

    The gold must explode because it was thrown from the balcony on Monday night in mysterious circumstances

  • @ampiciline
    @ampiciline Před 3 lety +3

    wow this guy is a billionaire and soooooooooooooooo humble ...

  • @christianfife7029
    @christianfife7029 Před 3 lety +10

    If you're scared of volatility - stay out of gold! It's that simple

    • @mikemarvel139
      @mikemarvel139 Před 3 lety

      Flat for 10 years.... while its hyperinflating vs BTC

    • @squirrelcatcher
      @squirrelcatcher Před 3 lety +2

      It's tame compared to bitcoin

    • @kquat7899
      @kquat7899 Před 3 lety +2

      If you want to make money stay out of gold.

  • @akesha4138
    @akesha4138 Před 3 lety

    Tonnage for ores comes as it comes - there is no such thing as "Let's produce more copper" or any other metal that you might want to target. You change ores by changing mining locations, only minor differences can be made in any one location. Considering mining costs I have always been very surprised copper brings so little per ton. Copper may yet outperform other metals and could be a very good longer term investment.

  • @robertdagge200
    @robertdagge200 Před 3 lety

    Barrick CEO on CNBC and Kitco and....MB feeling the pressure of this gold price dump and trying to generate positive vibes.

  • @stevenmccallan9202
    @stevenmccallan9202 Před 3 lety

    So , the CEO of a gold company says gold is going much higher. Shocking! I'm sure he has been saying that for 10 years. It's called wishful thinking. Gold will go higher when the manipulators of it decide that they want it higher which may never happen

  • @maxygg
    @maxygg Před 3 lety

    Barrick Gold should buy B2Gold as an accretive acquisition. BTG has no debt and loads of assets, plus its share price is unduly depressed.

  • @michaelmcdonald4442
    @michaelmcdonald4442 Před 3 lety +1

    If you believe the more currency created by the fed will increase its value then forget about gold and silver.

  • @gfcardi
    @gfcardi Před 3 lety

    What's the wall art behind Mark?

  • @jespersorensen4462
    @jespersorensen4462 Před 3 lety +14

    "The rally hasn't even come yet" (No kidding - look at the price).

    • @kwamebushman606
      @kwamebushman606 Před 3 lety +1

      You believe these crooks? 🤣🤣

    • @sten260
      @sten260 Před 3 lety +6

      @@kwamebushman606 no but I believe in gold, I don't think anybody ever got scammed by buying real gold

    • @s.daniel2259
      @s.daniel2259 Před 3 lety

      @@sten260 or buying established miners

    • @kwamebushman606
      @kwamebushman606 Před 3 lety

      @@sten260 if you're buying medicine from CROOKS I'm sure you're not being scammed at all with high premiums and prices that never recover for you to regain loses.
      I'm from Ghana where we actually MINE gold...it's shit and terrible for the environment so we're slowly stopping

    • @sten260
      @sten260 Před 3 lety +2

      @@kwamebushman606 gold premiums are like 2%, i don't care. how is it possible for the price to not go up if it's valued in fiat currency that is losing purchasing power. Dude gold used to cost $35 bucks now it's almost $1800, nothing happened with gold, it still has same properties like it did 50 years ago. it's the dollar that went to shit. And shutting down a mine doesn't bring the price down it's opposite, so it's impossible to lose money in gold in real terms unless you are holding it for very short time

  • @squirrelcatcher
    @squirrelcatcher Před 3 lety +1

    So hard to get excited about gold any longer

  • @f1hotrod527
    @f1hotrod527 Před 3 lety +2

    Ahhh yes, the reocurring gold topic "have we reached a bottom?" I mean we are in perfect conditions for gold and it is crap, so we have a ways to go down to find the fair value of gold.

  • @greencandledigital560
    @greencandledigital560 Před 3 lety +5

    Does Barrick hold gold on it's balance sheet?

    • @jorgegomez524
      @jorgegomez524 Před 3 lety +1

      i doubt. he is in the pocket. barrick always was a bank’s miner

  • @gena1586
    @gena1586 Před 3 lety +10

    MANIPULATION is the challenge to GOLD.

  • @CalCaliente
    @CalCaliente Před 3 lety +8

    When gold goes… it’s game over

    • @edmundmcgrath213
      @edmundmcgrath213 Před 3 lety +1

      Golds game is over. Been watching the price lately. Perfect catalysts and down 15%. Games over and only a few remaining fans in the stands that refuse to leave. Most are over 60.

    • @CalCaliente
      @CalCaliente Před 3 lety

      @@edmundmcgrath213 yeah 5000 year history. And it’s over

    • @edmundmcgrath213
      @edmundmcgrath213 Před 3 lety

      @@CalCaliente Good yes. Horse and Buggy 5 K yrs too and now gone.

  • @christinedudley7132
    @christinedudley7132 Před 3 lety

    i like his bracelet, where can it be found?

  • @peiershen8221
    @peiershen8221 Před 3 lety +2

    Well evidence suggestion otherwise. The countries with the richest resources tend to be the poorest. Why? Foreign interests.

  • @bjd15664
    @bjd15664 Před 3 lety +1

    Where's he putting the other 90-95%?

  • @hypnotechno
    @hypnotechno Před 3 lety +5

    CEO of Gold company talks up gold. Breaking news

  • @rrrrramone
    @rrrrramone Před 3 lety +15

    Buy back some stock Mark! It’s dirt cheap and the stock will be up there with NEM if you take some shares out of the market

    • @rolandtoth4361
      @rolandtoth4361 Před 3 lety +1

      that would be great! good idea

    • @kwamebushman606
      @kwamebushman606 Před 3 lety

      Stock buybacks are a THEFT of your money (tax payer)...yet uneducated people always support this without knowing stock buy backs at taxes these companies evade

    • @rolandtoth4361
      @rolandtoth4361 Před 3 lety +1

      @@kwamebushman606 hi bush man. that i am uneducated, is obvious. the other guy, rrrramone, i dont know. i just wish my money back. as far as i know, a falling shares price not making a long shareholder happy.

  • @hwi5561
    @hwi5561 Před 3 lety +1

    No doubt that this share is poised for significant upside, given the 30 % copper exposure

    • @stumpy25lbs
      @stumpy25lbs Před 3 lety

      He said 20%...? But I wonder if that's by volume or $ - there's a big difference

    • @hwi5561
      @hwi5561 Před 3 lety

      Presumed it was by value ...

  • @douglasthompson9482
    @douglasthompson9482 Před 3 lety

    Interesting interview....he didn't say much but ok. Many miners talk around the block over and over....hollow thoughts.

  • @illegalsmirf
    @illegalsmirf Před 3 lety +1

    He might have a vested interest in saying that?

  • @bahmak2003
    @bahmak2003 Před 3 lety +1

    Lol it’s different now. 2008 there’s no bitcoin market yet!😂😂😂

  • @bogrunberger
    @bogrunberger Před 3 lety

    I'd really like Bristow to answer why AISC at Barrick is up by 17% in less than a year. That's a lot!

    • @justinmaxwell86
      @justinmaxwell86 Před 3 lety

      Well oil is up for one thing, maybe labor costs, and an industry wide dropping gpt grades as exploration has been put on the back burner the last decade bc majors have been paying down BAD debt from the 2000-10s

    • @goto8438
      @goto8438 Před 3 lety +1

      Have another watch of the video for an explanation.

  • @KimoKapaku
    @KimoKapaku Před 3 lety +3

    I wish I had a nickel for every time I've heard about golds big breakout to 10k or 3k, 5k per oz. I wouldn't need any gold if I got paid a nickel eveytime since 2010

  • @josephpurdy8390
    @josephpurdy8390 Před 3 lety

    The bankers need to step up thier game and, send the paper price to zero. We all have had enough of this drama.

  • @the8918
    @the8918 Před 3 lety +1

    Its difficult enuff to mine for gold on earth and crypto pumpers talk about mining on asteroids in space..

  • @hypnotechno
    @hypnotechno Před 3 lety +1

    brick stock price same now as 10 years ago and 30 years ago.

  • @viperviperpiro
    @viperviperpiro Před 3 lety

    smart move.. smash the gold silver prices down before the Infra Bill stepped in... LOL well done. the worst has yet to come... Gold and silver still have a big leg DOWN! Sold and bought BTCs.

  • @oljas4642
    @oljas4642 Před 3 lety +3

    It is over for gold for this business cycle. In two years, gold will be around $1200. Digital currencies replaced PM inn this cycle.

    • @megamanagers
      @megamanagers Před 3 lety

      I dont think that digital currencies go without gold and silver. Energy, minning companies etc. I dont think so.

    • @fredflint3998
      @fredflint3998 Před 3 lety +2

      I’d love to see gold go to $1200! I’d back the truck up at that price.

    • @trendinvestor2893
      @trendinvestor2893 Před 3 lety

      @@fredflint3998
      8 months ago you were probably saying the same thing about if gold ever went back down to $1,700 an ounce. Isn't it time to back the truck up now?

  • @turbofanlover
    @turbofanlover Před 3 lety

    Once Barrick stock hits 20 bucks CDN, I might just start to nibble at it. Stay tuned.

    • @popo24ize
      @popo24ize Před 3 lety

      Really... It's 25ish now....

    • @turbofanlover
      @turbofanlover Před 3 lety

      @@popo24ize Yup. Another 5 bucks to go.

  • @bjd15664
    @bjd15664 Před 3 lety +2

    Omg this guy is horrible. Selling my Barrick on Monday

  • @TM-mk2zb
    @TM-mk2zb Před 3 lety

    Gold will stay but not before it haemorrhages billions to crypto. I expect more of a practical use case as well as less dominant store of value going forwards.

  • @Dr_VVho
    @Dr_VVho Před 3 lety

    You would think ceo would have a better mic. Every time mark speaks there is an audible high pitch screech. Come on my guy!!
    Good interview but get a new mic

  • @kahtleyita23quin
    @kahtleyita23quin Před 3 lety

    Those gold bracelets on his wrist thiccc though

  • @VTI777
    @VTI777 Před 3 lety +4

    just bought GOLD....under $20=dirt cheap

  • @gregmassi2067
    @gregmassi2067 Před 3 lety

    Screw creating value!! Where is the god dam return to stockholders???

  • @prs26
    @prs26 Před 3 lety

    US are the chanmpions / winner in Printing , while the world is losing because of it

  • @bjd15664
    @bjd15664 Před 3 lety +1

    5%...i don't see much confidence.

  • @xilasizu
    @xilasizu Před 3 lety

    If barrick goes woke I'm cashing out, walking away and never looking back.

    • @kwamebushman606
      @kwamebushman606 Před 3 lety

      It's a gold mining company ran by a bunch of older white males...going woke is not your problem...are you making any money is the problem.
      Answer is NO, it's a small club and you ain't in it

  • @costavohazard
    @costavohazard Před rokem

    Your finished Recovery consistently reflect passionate determination and enthusiasm. Keep it up Loatedcyber And thanks for retrieving my usdt back completely........

  • @squirrelcatcher
    @squirrelcatcher Před 3 lety +3

    I hold gold, but I think its going down. So many more people getting into crypto now

    • @user-DongJ
      @user-DongJ Před 3 lety

      So cryptos are better than metals? But there are so many cryptos (> 9000) compare to metals (< 90). Which is the best?

    • @squirrelcatcher
      @squirrelcatcher Před 3 lety +1

      @@user-DongJ bitcoin, ethereum you will make more money in some weeks than gold or silver even if they have big spikes makes in a year.

    • @talisikid1618
      @talisikid1618 Před 3 lety +2

      Crypto is a scam. It is criminal. It’s a con job targeting the gamer/fantasy crowd. People too young or naive to know better. And governments are outlawing or usurping them around world & that will intensify. It is also a slavery trap. Governments will control you with crypto. They will know everything you do. They can manipulate you or wipe you out with one touch of the screen.

    • @squirrelcatcher
      @squirrelcatcher Před 3 lety +2

      @@talisikid1618 🤣🤣 all that shows is your ignorance to it. Crypto is not banned anywhere, including China. They stopped bitcoin miners, not all crypto. There are scammers in the industry, there are scammers in every industry, but the technology is 100% the future. it's being used all over the world today by some of the largest companies in the world. You only know of bitcoin. It's a technology that is being used in logistics, finance, motoring, telecommunications, streaming movies, music and many others. People used to say the Internet won't catch on, they also said voip won't catch on. Right now is the world's chance to bank the unbanked. The fiat monetary system excludes Millions of people around the world and is controlled by the dollar, making it very expensive for some countries around the world to do business.

  • @BBK187
    @BBK187 Před 3 lety +1

    Gold for hunters

  • @naineshin
    @naineshin Před 3 lety +3

    This is the gold biggest bull market ever

  • @truhunk1
    @truhunk1 Před 3 lety +1

    He says we should have 5% gold in our portfolio. 5% won't make you rich.

  • @mfer134
    @mfer134 Před 3 lety +4

    Bitcoin is influencing the equation for gold.

    • @wokeexposure
      @wokeexposure Před 3 lety

      Bitcoin correlates with the dollar in reality...bitcoins success is actually more a alternative storage of the dollar when there's too many dollars in the system and the dollars become over valued ..so there's a place for bitcoins but enough with the Bitcoin pumping and comparing to gold.

  • @robw6244
    @robw6244 Před 3 lety +3

    The S&P always outperforms gold and the miners over time. Nothing wrong to have a small amount of coins hanging around to admire and leave behind but it’s not doing a good job of a store of value anymore.

  • @drip369
    @drip369 Před 3 lety +2

    Well, i would say copper is a better indicator of global economic health than gold, until gold gets its proper correction (meaning that comma needs to move back one spot)

  • @bjd15664
    @bjd15664 Před 3 lety

    I say a debate between him and L Zang

  • @dariuszdurda7342
    @dariuszdurda7342 Před 3 lety +5

    Historically everything was better than gold. Real estate, food, crypto, lumber, copper, oil. If not for four good months in 2020, gold would be a total disaster. Look at facts, not at hopes.

    • @bbustin1290
      @bbustin1290 Před 3 lety +3

      A lot of people put hope in govt and checks. I prefer to stay hold metals because not of hope it is outside of govt. ....

  • @michaelkavanagh5947
    @michaelkavanagh5947 Před 3 lety

    An old man talking about an old man's investment. Typical he still wants to sell CDs. Young people don't want metal.

    • @Andrew-yt6pf
      @Andrew-yt6pf Před 3 lety

      uh? Clearly you know little about Money.

  • @yb5078
    @yb5078 Před 3 lety +2

    LMFAO says every gold boomer for the past decade

    • @talisikid1618
      @talisikid1618 Před 3 lety +1

      Such a uninformed & naive little child. A bit of history would serve you well.

  • @myspinup8782
    @myspinup8782 Před 3 lety

    Gold miners are cheap, it makes no sense.