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TIMECODES
0:00 Was Gold Manipulated?
1:36 How Tops and Bottoms Form
7:35 Why Didn’t the Rally Continue?
13:10 Gold is a Long-Term Play
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42 Comments
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everything is crashing people
bitcoin is next
Your analysis would be valid if it was the whole market being a part of the price action … instead it was moves made in a few minutes in the Asia market only. If the commodity markets worked the same as the regular markets settlements then your analysis would be valid. Please explain the settlement process in these markets and how they are absolutely different and can't fully utilize technical analysis as you explained.
THE GOLD BARS IN THE BACKGROUND ARE PROP"s – 🤣😂🙃😂🤣
In the 80’s when gold was around 300 I thought it was high, a whole weeks pay for 1 oz. 30 years later at 2000 I think it’s high, a whole weeks pay for an oz. That right there tells you everything you need to know about gold. The price of most things double every 10 years, not the value, just the price.
Of course it's manipulated…..3 American bullion banks , jp morgan, bank of America and citibank . You need to do your homework. Americans are corrupt and bankers are evil. The west does not want to have gold running. Brics will change this.
Question is, will anyone ever exchange Bitcoin for Gold?
I wouldn’t sell my gold 😂 5k an oz will happen in less than ten years
No manipulation. That's hilarious 🤣🤣🤣🤣
So people were sitting for years on the gold and that's why it went down? You have to be kidding me.
So I guess you will tell everyone that oil at $-40 wasn't manipulation either?
Comex silver price during trading hours since comex started is about 15 cents per oz. All the rest of the world is over $300 an oz. Not manipulated?
You have 243K subscripted to the channel? Oh boy…
Buy things when they are cheap and sell them when they are expensive. Put about 10% of your emotional energy into understanding the price and 90% into understanding why a given moment in time makes an asset cheap or expensive.
But come on, the idea that the very few people who bought and held for all those years on a rare spike many years ago are the ones driving sells is a bit ridiculous. More in play are the very recent shorts and margin buyers, who are big dumb money getting themselves caught on the wrong side of momentum. And they sell out at an immediate huge loss, on one side or the other, by their ridiculous stop positions. That's is what happened. Not some long term holders of ancient history. Most of those long term holders never even had any clue that the price spiked so huge on Sunday night. And so they also did not sell at lows on Monday morning.
The Central banks short gold so people buy bonds at the same price rises because bricks are STACKING
😂 because of Bitcoin
All the money they are putting into this keeping it at the price they need it to be at. They are going bankrupt. Plus they are ust sellin ggold contracts and not the actual gold. Maybe 10 percent of the paper contracts is acctually backed by real gold. Once 10 percent cash out, the rest holdign the contracts are fvcked.
Algos.
I hold my PM as insurance for my portfolio…not to make a massive profit. If it never goes up, then it just becomes gifting to my family when I pass.
So, are you saying investors perfectly timed the top of the gold market…?
Good Topic, thanks for sharing :')
there is confusion in currency over money, a humongous hidden manipulation. Au and Ag just make it too obvious. These elements have a natural linitation due to their natural origin.
High volatility is the intended effect caused by traders speculating in papergold using all kinds of derivatives and tricks. If the market was purely physical, that wouldn''t work.
limited supply and real demand keeps every market balanced. currency is just a means of compensation, money needs to be invested to grow and keep its value.
price is the peg: the price of 1 oz simply is 1 oz … extremely stable, but no added value
100 years ago it was a sound $20 now it's $2000, ergo the $ lost 99% of its value.
what value? Offset in $ is an illusion when $ and currency is basically worthless. we need a new unit to define value … and it's not btc.
what people don't realize: we already are in a CBDC-system, they can switch it off any minute. Currency is the baby of a country and its government, when they stop feeding it, it will cease to be
they’ve sat listening to peter schiff for the last 15 years, they bought the last top 10 years ago and are finally back to break even. end of day gold and silver are worth more in the products that use them and what that contributes to gdp than in peoples safes. they will not allow the price to run, the market has been taken over for years, the paper market is the market unfortunately.
Excellent explanation. Thank you for the insight.
What you talking bout? Its still over 2k? When it drops and stays below 2k, I will agree that it dropped back to where it was before. As long as its over 2k, its bullish as hell for gold. Blue sky mode.
Every asset ever. CO is always manipulating. We juz need to figure out the trend he’s on and ride along.
Tops cant happen where most people buy, it’s when more aare selling. Tops happen AFTER most people buy.
Slick presentation. But you don't know jack about commodities. Perhaps you should watch "Trading Places" this Christmas. 😊
So smart yet so silly. Bullish on Gold??? OMG
He didnt explain why it went vertical to begin with!!
Absolutely manipulation. Indisputable.
so why isn't the price of gold reflecting the decrease of value of the dollar because of inflation ?
I dont think that is true about people buying at the top and waiting 5 years just to break even…if you waited that long, you are in for the long hall…may as well wait 12 months more and get at least an extra 20 percent….gold only has and upside at this point….it is sooo undervalued with all this money printing.
I'm hoping to end the rat race by 60, I’m 52, $600K net worth. Money is a liability, not an asset. You have to exchange it for assets that represent real value. Real estate – properties for rent. Stocks (dividends). Bonds (interest), funds, REITs (interest) So, what is it with Gold?
Excellent video Joe
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I see this as a strategic defeat for the Gold Manipulators(GM). A major turning point. For many years now the GMs have been artificially suppressing the price of gold to protect their fiat currencies and profit from it. But this is becoming increasingly difficult as the rest of the world Central Banks are now increasing their gold holdings to diversify their risks from fiat currencies. And being strong buyers, they take delivery of the physical gold they buy. Consequently, the physical quantity of gold in GMs Central Banks are shrinking fast and therefore, the GMs traders are finding it increasingly more difficult to manipulate the gold price. The Technical Analysis you described is just the result of the supply and demand equation above…
During November there was a mass injection of cash sending the S&P higher and higher. I think this played into it. Zerohedge had an article on the Nov injection but I can’t find it. I think people saw the massive cash injection as an artificial hedge propping up the market. But a half a Trillion in cash is gonna trigger buying or selling.
thanks for this
Been here before – just glad all my buying was done some time ago…don't want to chase anything.
We all know the gold market is manipulated and silver is even worse
0:00: 📈 Gold price surged to all-time highs before quickly collapsing, leaving investors puzzled.
3:21: 📉 The video discusses how human psychology and investor behavior contribute to significant losses in investment.
5:48: 💰 The video discusses the challenges of physically holding gold and the importance of secure storage options.
8:38: 📉 The video discusses the possibility of a false breakout in the market and the potential consequences.
11:39: ⏳ The video discusses the significance of breakouts in gold prices over long time periods and the importance of confirmation in trading decisions.
Recapped using Tammy AI
Nice try to make sense out of this but its manipulation and here's why. Paper Gold rehypothetication. No one knows how much gold there is or how and when it moves there are a few institutions that created infinite paper gold receipts to sell to control and suppress the buying.
This was a clear manipulation by big players to do liquidity clearance.
Sorry, I pushed the wrong button first (thumbs down), but then the right one (thumbs UP). Because this video is EXCELLENT. Every goldbug should watch it.