Oil, gas and mining

Gold Will Go To $3000! Will Silver Follow?



In this video, we are joined by Mike McGlone, macro strategist at Bloomberg Intelligence, and we discuss the current banking crisis and the potential for a deflationary period. Furthermore, Mike talks about how the Fed’s actions, interest rates, and market dynamics may impact precious metals like gold and silver.

Mike’s Twitter: https://twitter.com/mikemcglone11?s=20

Twitter – https://twitter.com/WallStreetSilv
Instagram – https://www.instagram.com/wallstreetsilver/
Telegram – https://t.me/s/WallStreetSilver
Facebook – https://www.facebook.com/Wall-Street-Silver-103206701843254

DISCLAIMERS/TERMS/RULES:
► I am not a professional financial adviser, nor do I offer financial advice. This video is for entertainment only. Please consult your investment and tax experts for financial advice.

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28 Comments

  2. George Ramos

    I notced Mr McGlone completely missed the fact that 60% of the industrialized world, which makes and sells goods to the West will be using their Commodities backed digital currency basket (valued by assets and goods) and will NOT ACCEPT fiat currency from the West. This means the WEST will need OIL/GOLD/SILVER/GAS etc to value OUR digital central bank currency (which will be in effect July) in order to deal with the other 1/2 of the world post September 2023. The United States is being attacked at its Achilles heel.. which is its bloated debts and worthless currency.

  3. Tommaso Turek

    Maguire 6-12,000$/oz gold, 33000 Zang, 50,0000 Sinclair, 65,000 Holter.. has this guy been seriously looking at the illegally manipulated paper derivative charts to guess.. 3000. Wow what a clever guy!!

  4. Simon Blunden

    I feel incredibly fortunate for having made wise financial choices that have had a life-altering impact. As a single father residing in Toronto, Canada, I successfully purchased my second home in September. If everything continues to progress positively, my aspiration is to retire next year at the age of 50.

  7. nanabijou62

    Mike is focused on the financial aspect of the metals, and moneymen love gold. I am looking at utility. Governments will keep pushing the "green" energy agenda regardless of what the economy does. The industrial metals used in the electrical industry, in particularly silver and copper will shine brightly. This is my prediction being in the utility industry.

  11. Gordon Gekko

    Personally I don't see a recession coming for these reasons: 1. They just raised the Debt Ceiling (money flows) 2. Goverments are defecit spending (money flows) 3. The higher
    interest rates stay in the economy: that money is NOT going to money-heaven, it's flowing to BANKS. So I think the picture is less DARK although the USD-dollar will go under the
    100 soon in the DXY: the economy will pick up. Gold and SILVER are going to benefit from it. Silver is in a supply defecit while governments want solar power and elect. vehicles.

  14. Steven Silver

    This guy has no clue about silver supply and demand. Silver is in a massive supply deficit because of the world wide government funded climate fraud electrification including cars and solar panels. In addition the continuing outsized premiums for silver bullion proves investment demand isn't close to being met.

  17. Scott Sehm

    The Banksters will prevent gold from going much higher.
    $3k per oz in ten years…. maybe.
    Silver will hit a sustainable price of $35 per oz in five years.
    Trust me, I've been in this rodeo since 1979.

  19. arh91000

    Great< video and some nice tips! This is a scary time for new investors but the best thing you can do is not to make decisions based on emotions. This could actually be a good time to buy more of your high conviction stocks or crypto on a discount. Wealth is created during bear markets, not bull markets. If your portfolio is really effecting your mental health then delete the app and go for a walk. Let the market do its thing and have a long time horizon. I buy and just trade long term more than ever, I have made over 19` btc from day trading with Linda Wilburn Crypto in few weeks this is one of the best medium to backup your assets incase it goes bearish.

  20. Manni Frank

    Only those who own First Majestic Silver stock will make profits when the stock goes up, and that can happen at any time. I think Keith Neumeyer has positioned First majestic silver well for the future.

  21. Shawn Gardner

    This is a very odd take. Silver is projected to out perform gold in the next few years. The individual demand alone is supposed to go up roughly 20% or more next year. Not to mention it's value as a precious metal.

  26. L Fit

    people forget that silver MINERS are typically half gold production anyway, so there is no reason for silver miners to tank, as they wait for silver prices to rise. Ailver also doesnt have to go lower just because its an industrial metal too, bc it never had its big bull run to new highs yet, like every other thing on the planet that has doubled and tripled. I will stick with physical silver, and silver miners here since they have pulled back the most, and the miners are not only mining silver, but half production is gold too. I plan to hold many years, and keep adding each month to my holdings.

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