The price of gold recently crashed below $1,850 sparking a big question for investors, is this a good time to get in now? While there are big deflationary pressures coming from higher interest rates, the case for gold is still strong thanks to endless deficit spending and geoeconomic factors. Here’s why I am happy for gold prices to drop and what you must know!
📍📍Buy Gold & Silver (Singapore Viewers): https://bit.ly/3sdBfnU
– Get a 0.5% discount with the code: SEAN
💰💰Stocks
Sign-Up For Tiger Brokers:
– Get Gifts Worth S$450 (Singapore viewers): https://tigr.link/3F9ztG
– Get Free Stocks Worth Up to US$1800 (American viewers): https://tigr.link/3Fk8QE
– Get more free stocks up to $1,000 from Moomoo (Singapore & American viewers): https://j.moomoo.com/00hYmT
✅ Timestamps & Chapters:
0:00 Gold Crashing A Good Thing?
2:22 Why The Gold Sell-Off
5:12 Inflation End Game
8:43 Central Bank Buying Won’t Stop
11:06 My Gold Buying Strategy
13:38 Buy Gold Miners Now?
Subscribe to my channel where we dive deeper into the world of gold, silver & investing:
🔴 Subscribe: https://bit.ly/3kzabfN
Helpful videos for gold investing:
– Start With Silver Or Go Straight For Gold?: https://youtu.be/rDy3xOuC0j8
– How Much Gold To Own: https://youtu.be/pnildJSdmnY
– How High Can Gold Prices Go: https://youtu.be/aaHTVACqGYg
Learn how to buy physical gold:
👑 https://bit.ly/3D76Lqn
Here’s how to buy physical silver:
🪙 https://bit.ly/3rlsXJ3
Please note: I will earn a small commission from affiliate links at no additional cost to you.
Disclaimer:
The information presented on this channel is for news, education, and entertainment purposes only. The information does not constitute an offer or solicitation to buy or sell any investment product(s) or investment strategies, or a substitute for professional investment advice. It does not take into account your specific investment objectives, financial situation or needs. I am not a financial advisor or a licensed investment professional. Please consult with your financial advisor before following any investment strategies discussed herein.
44 Comments
Comex-fake paper gold.
Actually Physical Gold is what we should be buying to keep and not " contract " gold as there are not enough physical gold to meet " contract gold " if all holders of " contract " gold were to want delivery of physical gold.
This is similar like the banks where they will never have enough cash to pay depositors should they all decide to want their money at the same time.
Hi Sean, thank you for your information 🙏😊
I dont think anyone could say it better!!! I'l be tring to stack what bits I can!!
I respect gold people, but I hope you have some bitcoin in your portfolio too
Always informative Sean. It'd be interesting if you did a video looking at gold vs silver.
I'm slowly backing up the truck now!
–>Gold<–Sean let the prices of gold and silver and other commodities collapse. I measure. My wealth in ounces not paper . So no need to pull your hair out Sean 😮.. we both will be buying as the world panics. Fire sale coming 👍👍👍👍
Gold (Physical) is not for everyone and not to be bought or sold everyday. If you want to hold gold (Physical) buy little by little when you some extra money (not watching the price, chart etc.) to put away. Over the long term you will ge glad you did that.
Big money holds long term treasury. And when big money is hurting there are a lot of opportunities. just have to find the right one. This happens once in a generation.
Bald and angry 😂😂😂
Gold is steal right now…..I will keep buying more as it goes down, because they will forced to price it correctly…It may take time, but they are running out of time.
Gold, silver, and copper are about to be purchased by me in abundance. I've heard the term super depression being used. The bottom is going to drop like a roller coaster.
U$A 7 trillion Treasury Bond will mature next year.
How to pay ?
Greetings from sunny Singapore. Appreciate your video presentation Sean ..
I think buying gold is a mistake. It is an old monetary technology that will not keep up with the digital world. Bitcoin is the new and future technology that will take over in my opinion.
75% portfolio gold. Not buying anymore, it’s enough. The remaining 25% is equally divided between commodity stocks paying fully franked div’s at 15% – 40%, crypto and cash at 5%. If I need more cash, all assets are liquid. Happy days!!!!
All that Libyan gold is finally hitting the market ?
There is a big mistake n thinking that precious metals are rare, there is an almost infinite supply of precious metals in space, and there is already plan’s to start mining them, in 10 years it will be a reality.
"Buy low, sell high" works for commodities the same as stocks.
It’s bitcoin for me
Eternal economics games until…the economic crisis strikes😁
Thank you for the advice Sean, I too am pretty heavily into gold, I think for more than 20% 🙂
I dont know WHEN gold will explode on the upside, I only know that it will eventually WILL, just depends on how long this bizarrowolrld economy can maintain itself.
Gold was $1,820 when Silicon Valley Bank failed.
Today, 10/3/2023 , gold is $1,835.
Gold cannt drop lowers or up higher but the money value vs gold was drop, Ok why the price collaps cause dolar too high inflasi n USA economic crash n almost 2/3 world but gold cause rush search replace for dolar cause brics currency fail build 2023 cause betrayed by modhi as America dog n always war with China for America. So gold value same but u value money vs gold drop. So same gold in China was high cause they too much gold in China as deposit. So sell gold in China cannt profit but if i play in America buy this morning n sell before close market Will get million dolar a day. So u buy gold in America also not use cause high inflasi + u Will get kill robbery when they know u buy or sell gold. So with economic chaos cause Biden more love Ukraina better than build America transport n war with China n 2/3 world than America Will more n keep high inflasi cause less food (farm stuf are from China they block it u farm Will expensif price) n than less electronic n less cash cause more country dump dolar Bond n buy China Bond to survivar
Drop below 1600 then buy….thank me later 😂
Remember during the great depression, gold ownership was declared illegal, and had to be traded in for fiat currency
In Australia PAMP premium is OUTRAGEOUS at 6.2% where Im at, with Perth Mint at 3.5% and every goldbuyer here will ONLY PAY YOU SPOT PRICE irrespective of if you walk in with a PAMP or a raw pour bar or "collectible coin".
I dont have a machine to test the gold myself and shit test the bullion dealer so I eat the premium and bought Perth Mint 1oz bars in assay to be REALLY sure its real and guarantee to other people in the future if SHTF really does happen, that its real without the need to test.
where do you buy physical gold in singapore?
So gold never high or low price. So America Will shutdown permanent December cause America war with China cannt get resource n stuf so u medicine also Came from China n cause block by Biden u medicine n food Will high price in Oktober n November before u gift up n die starving in December so u not have money to pay salary n shutdown againt. N now republic pretend make new check for worker but in same time they also say they not have money so in reality all soldier Will work free with no salary or empty blank check in Oktober. This not kidding the senat not want cut they fund so they cannt cut low education n healthy public so how they can get money ??? Yaa using new printing n blank senat cek n with bullshit avoid shutdown using blank check n also with high inflasi cause China stuf cannt in into America than u inflasi Will nuts u farm Will fail n u food Will less n the end u Will buy radiation fish from Japan sea reject by China n Rusia n sell to America by Japan with cheap n die radiation so thanks God still have meat even radiation cheap fish… thank Biden… so soon winter Came n gas n oil rise price n Biden not get import from OPEC n half Texas oil mining now broke n dry cause not get replace engine from China company. N with block material law n farm n mining all price in America Will nuts price in Oktober. N rasis burn China Will spread so people Will buisy war rasis religion ras ethnic n spread hate to China mostly but legislatif n government buisy stolen America citizen tax (corruption mass) n chaos soon Will Came to America since Biden n McCarthy show alternatif fake cek to avoid shutdown government. So i wish u all in America if die starving n frezz cause hard winter Will die with smile in face when the time Came .
Given though Sean but if you know goId wiII continue to faII why buy now ??? As an investor sureIy you wouId be Iooking to get your asset at the cheapest possibIe price or are you not so sure how Iow it wiII go ??? AIso how high do you think goId can go in say the next 5- years ??? putting your money into goId at say 1850 and it goes to 2000 in say 12 months its a very smaII profit for such a wait
excellent talk
for the Philippines gasoline is 5.16 dollars per gallon now 😅 anyway im just home eating popcorn and praying,waiting for the war to come.
Hey Sean, can you share your thoughts on silver with us?
Up to you to believe.
It going for 1600, then monitor and see how.
Enter at USD1400 to 1450 few years ago.
Let go at USD2000.
Not right time to get in.
Just an opinion.
Enjoying this channel
Why is the US dollar stronger than other world currencies contrary to what you are telling that the dollar is weakening?
It's London manipulating the gold mkt as per usual
Bitcoin is looking pretty stable. i think im getting more bitcoin rather
Money doesn't exist.
when nearing a recession, gold always fall then rises towards the end of the recession
Definitely a buying opportunity.
The system is rigged by the U.S.
Keep sell-off U.S. treasuries Bonds.
I buy 10g bar each time it drop 🤣🤣