Gold Hits New Record-High, Large Bank Expects Another 70% Spike



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28 thoughts on “Gold Hits New Record-High, Large Bank Expects Another 70% Spike

  1. Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio…. I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies … I would greatly appreciate any suggestions

  2. Gold has historically been the most popular and widely recognized precious metal for investment purposes, especially during times of uncertainty. Here are a few reasons why gold is often seen as the "winner" when it comes to precious metals:

    – Gold has been used as a store of value and a medium of exchange for thousands of years, across many different cultures and civilizations.
    – Gold is scarce, which helps maintain its value over time.
    – Gold is highly liquid, meaning it's easy to buy and sell, which makes it a popular choice for investors.
    – Gold is seen as a hedge against inflation and currency devaluation, which can help protect wealth during economic downturns.

    While other precious metals have their own unique characteristics and can be valuable investments, gold is generally considered the most reliable and widely accepted option for those looking to protect their wealth during uncertain times.

  3. How exactly will this drain the swamp? Why can’t the deep state just be fired?!? They’ll just slow roll paperwork, bog Trump down in ridiculous impeachment hoaxes and wait him out. 4 years is easy for the deep state to hold out! They already did it once before.

  4. Gold going hire means inflation going higher. In the 70s gold was $35 an ounce. So when gold hits $4000 an ounce, that means what cost 35 dollars in the 70s now would cost 4000 dollars now. So what benefit is that. Then there's the part in the Bible. In revelations. People will cast their gold in the streets. Perhaps because it will be of no value. Or perhaps because there will be nothing to buy.

  5. Restore impoundment. Too much is taken on by the Feds instead of remaining in the states. Most spending should be a state issue. Local legislators making spending decisions for local voters. Keeping the money close to where it comes from. Convention of States is working to return power to the states and keep the Feds in their lane.

  6. No, just add to this. It's a shame that in UK they consider shampoo and toothpaste. A luxury man. We've got officials and leaders and Congress all around this world are complete. Empathole, idiots, there is no doubt that we all know the truth of how ignorant these people really truly are incumbent. They think they can do this to God's children. What do you think God that gave them blood and breath and flesh? What do you think he's gonna do to you? Because of what you're doing to the children. Can you have basic needs? But all these rich billionaires with fake money. Because it's all fake, it's an illusion. To continue the slavery in this world and keep the division between rich and poor which the rich feed off of the poor without the poor the rich can't live. But we let these idiots continue their war crimes. Inflation plagues, bombs weapons, mass distinction of genocide. This is what everybody votes for you endorse the Antichrist of this world …

  7. I wonder how much gold goes for currently in Russia compared to USA. that'd be an interesting thing to compare. As well as gas prices. Cuz we all should know by now thanks to Mr Carson that our groceries are a heck of a lot more expensive. And the part that really hits home is the difference in the actual quality of the goods and produce. Russia's quality standards on their produce is higher than ours. Putin banned GMO crops recently. While USA is doing the complete opposite… The FDA recently allowed certain chemicals (synthetic plant growth harmones) to be used that have ALWAYS known to be poison and banned in the past.

    Screwed up times. I mean what do you expect when big pharma pays the FDA's salary -_-

  8. Hi ET and Roman. Off topic request: pls give consideration to investigating the sudden and unexplained illness suffered by over 40 students and two seniors in April, at two schools in the North Star District in PA. All required emergency treatment. This is a very disconcerting and as yet unsolved event that warrants inquiry and an explanation for students, parents and the public. YT will not allow me to express my theories on what, if any foreign substance was used, and who, if anyone, may be behind the nefarious action.

  9. Why bother buying "precious gold"? Y'all just gonna throw it all into the streets because it will all be worthless according to ADONAI!!! Ezekiel 7: 19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
    Get right with Yeshua first! One day Yeshua is going to run YOUR life's movie. What's He going to see How will HE judge YOU? Where will YOU spend eternity?

  10. Basel III regulations began to roll out in China and Japan. The requirements limit inflated paper gold since it is a Tier I asset now.

    The regulations cause the price to increase in those markets. The higher prices push Eastern demad to the Western markets where the price is still highly suppressed through oversold ETFs.

    The high buying in the COMEX is being met with larfe physical deliveries, draining the physical gold into the Eastern markets. This will continue until the COMEX runs out of gold or until the price equalizes with the Eastern markets.

    The West has not said when jt will comply with Basel III requirements, if ever. But, that would further surge the market since the spot price is dillyted with ETFs.

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