Gold to Hit $8K Soon! Upcoming Gold & Silver Rally are Going to Shake the World – Willem Middelkoop
I always say I don’t know where we go if
it’s 5,000 or 4,000 or 3,000 or 8,000 I
don’t care you know we will be in in a
Bo Market we started our fund variant
for 2008 it was the top of the last
cycle for Commodities we’ve been in the
bare Market actually almost 15 years a
bull market new bull market has just
started gold breaking out this fouryear
channel between 1700 and 201100 um so we
see the start of the third major lag up
for gold the first lack was in the 1970s
the second was after the Millennium now
we see the start of a new third wave
gold is following this parabolic move
silver will break 50 after short
correction gold prices have surged
dramatically recently experiencing a
remarkable 20% increase within 2 months
this surge has nearly doubled the
precious metals value since the
pre-pandemic era when it traded at
around
$1,500 with yesterday’s closing price
surpassing $2,400
Gold’s Ascent has been noteworthy the
bullish trajectory of gold has been
partially restrained by hawkish comments
from Federal Reserve officials
suggesting a potential cap on its upward
momentum however escalating tensions in
the Middle East have contributed to A
Renewed interest in Safe Haven assets
such as gold Willam middle coup renowned
author of The Big reset and founder of
the commodity Discovery Fund views the
current Trend as indicative of a bull
market for gold gold regardless of
whether it reaches $3,000 or $4,000 or
even higher middle Coupe also sees
significant potential for silver to rise
potentially returning to levels around
$40 or
$50 the rise of gold has not gone
unnoticed by geopolitical players such
as Russia and the brics Nations who are
eyeing its growing momentum as a
potential backing for their new currency
initiatives concurrently as the US
dollar continues its gradual decline
more countries including the US itself
are turning to gold as a global Reserve
asset this heightened demand underscores
the increasing value of the precious
metal and sets the stage for a potential
standoff between brics and the US Dollar
middle Coupe emphasizes that the rise of
brics countries has led to the
weaponization of gold and silver as part
of an anti-d dollar trade strategy this
shift in global economic Dynamics may
result in a significant flow of physical
metals from west to east reflecting
broader geopolitical tensions come along
as we explore the valuable insights
provided by Willam middle coup don’t
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all know uh precious metals especially
gold and silver are uh manipulated or
you could say
managed depends what side of the
spectrum you are um but but we’ve of
course we’ve seen a huge run for silver
in 1980 when they tried to Corner the
market and that showed how small this
Market is how easy you could turn Corner
this Market that were the Hunt Brothers
and then then they changed the game
overnight at the Comax and then the Hunt
Brothers were scared away uh we’ve seen
Warren Buffett invested in gold in the
1990s but I think they told Warren stay
out of that market he never touch silver
again then we saw a huge jump in around
2010 2011 I really enjoyed that move
towards $50 I played it with Futures wow
uh and that made me quite a bit of Mone
and then we saw another huge phase of
manipulation and they brought it all
back to $10 and um I think the physical
demand out there is just incredible I
just saw some uh stats some graphs of
Indian import silver Imports Turkish
silver Imports I can send them to you
and uh that’s a real strong demand and
and don’t forget that the the dollar has
been weaponized but gold and silver are
being weaponized now as well by the
bricks countries I’m quite sure that
they do understand that this is the
anti- dollar trade and and I think a lot
of physical is Flowing from west to east
this has been happening for years has
been ongoing for years but now it might
get very serious especially with all
these uh Wars ongoing well during
presentations I always show this graph
of Central Bank selling physical gold up
to the Leman crisis the Leman Brothers
event in 20 08 and I also tell the
audience there’s an era before Leman and
there’s an era after Leman um the Leman
crash and and we’ve seen central banks
starting to buy physical gold again from
2009 onwards but the last two years we
really saw an acceleration of that trade
strong accumulation of physical gold
even in European countries like uh
Poland um or czechy and and and and
that’s that’s that’s t
so a lot of physical gold buying and I
think the market is about to go in in in
a reset mode uh don’t forget the JP
Morgan top guys went to Shanghai to
discuss uh precious metals with their
Shanghai Gold Exchange really Partners
uh Mrs Yellen traveled to China twice
this year yeah to
discuss uh monetary Affairs put it that
way
and it’s it’s very telling that the
Chinese are not traveling to the US US
guys and girls are traveling to China so
who’s the master here middle coup
asserts that Gold’s recent breakout from
a four-year Channel ranging between
1,700
$2100 signals the onset of a new upward
cycle reminiscent of significant surges
witnessed in the 1970s and
post-millennium periods according to a
report by FX Street Wall Street analysts
are scrambling to revise their gold
price targets upwards Goldman Sachs
predicts a target of
$2,700 Bank of America forcast $3,000 by
next year and UBS suggests a potential
rise to $4,000 within the next 2 to 3
years such projections imply a near
tripling of gold prices constituting the
most significant rally since the 2008
financial crisis despite acknowledging
persistent manipulation in the market
mainly through Futures Trading middle
Coupe remains optim istic that
manipulation will eventually cease
allowing the market to reflect the
actual value of precious metals
meanwhile the Vietnam National Assembly
standing committee has urged the
government and the prime minister to
investigate gold trading firms to
promptly address any violations in
business activities and potential Market
manipulation amid soaring domestic gold
prices let’s get back to the interview
um I always say I don’t know where we go
if it’s 5,000 or 4,000 or 3,000 or 8,000
I don’t care you know we will be in in
the bull market um we started our fund
very unfortunate in 2008 it was the top
of the last cycle for Commodities we’ve
been in the bare Market actually for
almost 15 years a bull market new bull
market has just started with gold
breaking out this fouryear channel
between 1700 and
2,100 um so we see the start of the
third major lag up for gold the first
lag was in the 1970s the second was
after the
Millennium um and now we see the start
of a new third wave and and gold is
following this parabolic move which
started from the 1970s look at the
larger picture yeah I think there’s a
lot of room to run there’s no resistance
overhead and silver will uh will um be
able to travel back to 40 and 50 and
then people will say oh triple top we
need to sell everything and then silver
will break 50 after short correction
probably and then it might run much
higher and everybody will be so
surprised watch uh the charts we see
them painting the tape we see the
selling uh the waves of selling with
Futures and the impact of the selling is
getting less and less severe really I
think I think the buyers out there the
physical buyers are enjoying these
attacks
and and one day you know all
manipulation ends in the end um so in
the end uh it will be upside only when
when you look at the fundamentals how
can silver be
40% lower than the 1980 High you know
doesn’t make sense yeah doesn’t make any
sense so the middle C family has
accumulated quite a bit of physical
silver much more than physical gold H
it’s no surprise that that Banks like
City City Bank City Group are calling
for $3,000 gold now because they they
they see what’s happening so it’s not
the gold bucks and the silver bucks
making these goals now it’s it’s it’s
it’s Wall Street
and uh I think in 12 to 18 months when
we look back we will say well a lot has
changed and for us as investors you know
we’re we have a commodity fund uh where
commodity um um investors 50% of our
investment is pressure Metals related
the other half is battery Metals related
Iran and Israel seem to have stepped
back from the brink of a broader
conflict as lawmakers in the US approved
new Israeli military aid on Saturday
however investors will monitor the
developments surrounding the Middle East
conflict Rising tension in the region
could boost the gold price and
traditional Safe Haven assets share your
perspective in the comments below if the
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Gold to Hit $8K Soon! Upcoming Gold & Silver Rally are Going to Shake the World – Willem Middelkoop
Gold prices have surged dramatically recently, experiencing a remarkable 20% increase within two months. This surge has nearly doubled the precious metal’s value since the pre-pandemic era when it traded at around 1500 dollars. With yesterday’s closing price surpassing 2400 dollars, gold’s ascent has been noteworthy. The bullish trajectory of gold has been partially restrained by hawkish comments from Federal Reserve officials, suggesting a potential cap on its upward momentum. However, escalating tensions in the Middle East have contributed to a renewed interest in safe-haven assets, such as gold.
Willem Middelkoop, renowned author of “The Big Reset” and founder of the Commodity Discovery Fund, views the current trend as indicative of a bull market for gold, regardless of whether it reaches 3,000, 4,000 dollars, or even higher. Middelkoop also sees significant potential for silver to rise, potentially returning to levels around 40 or 50 dollars.
The rise of gold has not gone unnoticed by geopolitical players such as Russia and the BRICS nations, who are eyeing its growing momentum as a potential backing for their new currency initiatives. Concurrently, as the US dollar continues its gradual decline, more countries, including the US itself, are turning to gold as a global reserve asset. This heightened demand underscores the increasing value of the precious metal and sets the stage for a potential standoff between BRICS and the US dollar.
Middelkoop asserts that gold’s recent breakout from a four-year channel, ranging between 1,700 and 2,100 dollars, signals the onset of a new upward cycle reminiscent of significant surges witnessed in the 1970s and post-millennium periods.
According to a report by FX Street, Wall Street analysts are scrambling to revise their gold price targets upwards. Goldman Sachs predicts a target of 2,700 dollars, Bank of America forecasts 3,000 dollars by next year, and UBS suggests a potential rise to 4,000 dollars within the next “2 to 3 years.” Such projections imply a near-tripling of gold prices, constituting the most significant rally since the 2008 financial crisis.
Despite acknowledging persistent manipulation in the market, mainly through futures trading, Middelkoop remains optimistic that manipulation will eventually cease, allowing the market to reflect the actual value of precious metals.
Meanwhile, the Vietnam National Assembly Standing Committee has urged the Government and the Prime Minister to investigate gold trading firms to promptly address any violations in business activities and potential market manipulation amid soaring domestic gold prices.
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11 Comments
48 likes…..no comments…..608 views…..fake
Edited to sound good-but it isnt
Shiny rocks will not save u, total waste of fiat
Can I borrow your crystal ball. Mine is cloudy.
In Gold we trust going to $8000
This isn’t over yet. Gold and silver will in the future continue to go up. Always pullbacks. Corrections, profit taking, manipulation and other variables; but for certain, in the end, precious metals will remain constant and endure all the fluctuations.
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😂😂😂😂😂😂😂😂😂😂
based on Opinion only, Opinions are cheap.
Holding my breath. Not.
The bottomline is to use block chain oz and gold will officially compete with cryptos, the price will be $80K as investors like convenience and transfer in seconds