#Gold #silver #preciousmetals
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In this video, we dive into the recent drop in silver and gold prices, which has left many investors scratching their heads. We explore the ways in which the calming of the world’s financial markets has impacted the price of these precious metals, and the potential risks associated with going all in on one investment. While gold and silver have traditionally been considered safe haven assets, recent events have highlighted the need for a more diversified investment strategy. We also examine the devastating consequences of a bank collapse, and how this can impact the value of silver and gold. If you’re curious about the current state of the financial markets and the potential risks and rewards associated with investing in precious metals, this video is a must-watch.
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23 Comments
Even though it's pushed back it's only pushed back close to its previous all time high so it's doing really well. If I buy an ounce now it will be the most expensive one I've bought. Still it's about £60 cheaper for an ounce than it was last week. The most encouraging thing is it's always going up more than it's going down in the long run. Governments will allow financial ruin because there is a Great Reset Agenda that's a conspiracy fact, not theory. You can't have a reset without destroying the old system brick by brick. We all know most governments are in with the WEF and globalist agendas. Just because there is a conspiracy doesn't make it not true. Like I said it's being done brick by brick, not by collapsing everything all at once.
Higher highs, and higher lows are all I want to see. As long as it does what I purchase it for I'm happy. Just as long as it protects part of my portfolio and counters any inflation.
Keep Calm , buy and put aside what you can afford and buy more when you can . good ramble BYB , take care.
The price is low because big money is deliberately keeping the price down so that they can buy more of it.
I was born a ramblin man!
I'm gonna call you the optimistic jenga player. Smart as heck, but can't tell the difference between the beginning of the game and the last few moves
I never quite understand those who are almost seemingly wishing the world collapses. They seem to somehow thing they will be in a great position.
I do stack for insurance, but I certainly won’t be wishing that I ever have to use my metals for that reason. A healthy retirement looks a much more desirable outcome for me. I understand the perils of the economy, but I’d much rather live today as an optimistic and simply insure against that.
do you think metals are being kept low by big brother? do you think big brother can make you sell your metals any time they want?
Yet you didn't mention once the biggest elephant in the room about precious metals and market manipulation by the likes of JP Morgan. Paper contract claims on physical metals is currently around 100:1 and one day people will wake up when the exchanges can't deliver.
Ramble on ! 👍
Tier one asset is critical thinking, it tops all others.
Cheers🥃
I like your videos, have watched since I started stacking in 2020. I try to avoid the hyperbole myself, but I sleep well knowing I have real wealth outside the banking system. I work in a bank in cyber security,
Great video BYB, nice seeing some ASE on here
We all know price and value aren't always the same thing, and since the precious metals are extremely undervalued, I don't care what the (paper) prices are, I would rather have possession
Silver should be way higher than what it is
I never take notice of the price of Gold when it spikes due to some major reason or announcement, it always pulls back the next day or so and it's what it pulls back to and settles at that I like to see.
Last year when there was war in Europe , fuel and food shortages, and regular threats of nuclear war gold barely touched $2k. 4 banks collapsed in a week with a single bailout many times higher than a 2009 and still it barely topped $2k. How the pumpers think it will get to $10-50k is beyond me.
Once again you sad it just right. May the metals be with you…This is the way. 😊
They( the powers that be) the big banks are stockpiling the mtals,it does them no good to have precious metals priced realistically now.doom tubers feed on fear and paranoia and like clicks.beware,good way to get depressed or broke.
It's the government debt around the world that's the problem. Every western country has debt that they have no chance of paying off.
There is only s many times you can kick the can down the road.
The USA will be paying 50% of their taxes in interest in less than 10 years and that's if they don't spend more than they are now, which is highly unlikely.
The world is as you say resilient however I don't believe the UK is. Debt to GDP 100% and rising. No positive outlook for growth and the next Government likely to be as bad as the current one and not a single public service is fit for purpose. I correctly predicted the 2008 Global financial meltdown, predicted the enegery price rises and fixed for 3yrs. Within the next 5-7yrs the UK will be forced to de-value and within 10yrs default. Personally I have a good spread of investments including gold but I'm not driven to continue to buy Gold. Just enough to be useful. 🙂
Gold and Silver is heavily manipulated by the big institutions.
Gold will be tokenised and be the reserve for CBDCs. BRICS nations already leveraging Gold. Once the dollar gets relegated as the world reserve currency, I can see Gold mooning much higher.
Gold didn't pull back for very long it's currently £1605 watch Gold climb higher this year with the slow motion banking and housing crisis continuing