Banks are buying gold and other Precious Metals because of they have remained stable or appreciated in this shambolic times with these banks collapsing, META down 40k, ALLP down 35k, Draft Kings down 6k, NIO down 15K, ABML down 8k, and my wife doesn’t know. I'm just hanging on to Jim Cramer's words about opportunities in volatile times so perhaps, I either wait for a recovery or pick profitable investments to substitute for my loss.
@derrickholfman2
Ай бұрын
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver, stocks and digital currencies are also good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you..
@Aarrenrhonda3
Ай бұрын
Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.
@SteveEstrada-js9nu
Ай бұрын
I envy you, I’m still trying to recover from losses I incurred in 2021/2022, who is this investment adviser you work with, I’m intrigued and I could use some quality guidance
@Aarrenrhonda3
Ай бұрын
Annette Christine Conte is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
@SteveEstrada-js9nu
Ай бұрын
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
@PremSteve-yg4de
27 күн бұрын
Gold and Silver are "outside the system" savings accounts for me and only buy on huge dips like we have seen recently. Buying Gold and Silver keeps me from spending money on silly and unnecessary purchases. Holding physical Gold and Silver allows me to quickly pull in emergency needs and sell at my LCS and walk away with cash when needed. Not looking for it to moon and get rich off the purchases
@belobelonce35
27 күн бұрын
I 100% agree, it is basically an inflation hedge, or insurance. Not dumb to own, but if you are looking for returns and compounding growth, look elsewhere.if you don’t have the discipline to avoid silly purchases, buying gold wont help you. learn self control.
@mariahudson9939
27 күн бұрын
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $875k by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
@KatyaSantos-g4c
27 күн бұрын
That's impressive! I could really use the expertise of this manager for my dwindling portfolio. Who’s the professional guiding you?
@mariahudson9939
27 күн бұрын
Sharon Marissa Wolfe is among the most accomplished portfolio managers in the industry, widely acknowledged for her outstanding work. I highly recommend taking a closer look at her impressive portfolio.
@NorthCarolinaForward
27 күн бұрын
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
@DonaldMark-ne7se
15 күн бұрын
At this moment, it is crucial for individuals to prioritize investing in alternative streams of income that are not reliant on the government, particularly with the existing worldwide economic crisis. Investing in stocks, gold, silver, and digital currencies can still be profitable during this period. Therefore, it is advisable to explore these investment options to secure one's financial future.
@JacquelinePerrira
15 күн бұрын
You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment.
@Jamessmith-12
15 күн бұрын
In my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.
@kevinmarten
15 күн бұрын
how can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success??
@Jamessmith-12
15 күн бұрын
“Carol Vivian Constable” is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@kevinmarten
15 күн бұрын
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
@barry1fitzgerald
Ай бұрын
Gold is not going up in value, the USD is going down.
@bootsrmade4walkin664
Ай бұрын
Same for houses. They haven't gone up in value. It just takes more dollars to buy the same houses..😮
@yassma977
Ай бұрын
Usually yes but its going up when there is crisis because more money than usual flow
@willl7780
Ай бұрын
well tons of central banks are dumping dollars and buying gold...im buying gold
@bar8665
Ай бұрын
It's going up in value against fixed loans...
@tedtan6449
Ай бұрын
Well, WW2 taught us a lesson. Hence Japan looted all gold in Asia while Germany made sure to pull gold from the teeth of people... Use common sense. When shtf it's a different story. Africa Ibrahim Traore has already banned gold export! Being an ally to BRICS, he figured it out for sure.
@user-rl5wm1cm1k
Ай бұрын
In "The Great Depression 1.0" the U.S.A. had only a fraction of the debt. Their entire manufacturing bade was intact and growing. Now 95% of their manufacturing base is gone and getting worse. The debt is now so high it's incomprehensible. Big surprises coming up!😢
@Karakulak1071
Ай бұрын
💯
@yassma977
Ай бұрын
GOLD is THE ULTIMATE Currency 💛💛💛
@JimJamJuicy
Ай бұрын
Nope that’s Bitcoin
@yassma977
Ай бұрын
@@JimJamJuicy fake currencies will not help you....
@issenvan1050
Ай бұрын
MONEY
@yassma977
Ай бұрын
@@issenvan1050 Gold is much more than money because it is not use to make groceries, it is use to back currencies or Countries use it to pay debts
@issenvan1050
Ай бұрын
@@yassma977 Which makes it money, not a currency.
@user-rq6sy3ul7p
Ай бұрын
Gold@ 10,000 $ by 2030
@tiger_would4419
Ай бұрын
$30,000
@radeksparowski7174
Ай бұрын
so equal to one pound of real beef by than? :-D
@preciousmetals7114
Ай бұрын
@@radeksparowski7174 No just revalued .....
@snowyowl6892
Ай бұрын
@@radeksparowski7174 …. Prolly. 🙄
@ishaks8152
29 күн бұрын
Usd 3000 by Christmas 2024.
@georgeschlereth4974
Ай бұрын
It's over folks cc debt bad ,housing in Florida taking a beating ,,worst inflation in history ,,,and several wars going on ,,,,We are in trouble but we all knew it was comming
@tedtan6449
Ай бұрын
In Surrey BC Canada, the tallest building, the developer is in foreclosure... Not looking good at all.
@lydiaguimaraes7009
15 күн бұрын
The people are delusional! Tough awakening comming up with more poverty , suicides , depression etc….
@killerbloc
Ай бұрын
WW3 is the component nobody is considering right now in their forecasts.
@bellakrinkle9381
Ай бұрын
Yes, it's avoided like the plague. I wonder why.🤢😨😰🤣
@bobbobertson7568
Ай бұрын
Anything can happen but generally world leaders don't seem so stupid as to get involved in another World War. That includes Iran and Russia.
@snowyowl6892
Ай бұрын
… a bridge too far for normies ..
@anthonysodaro1159
Ай бұрын
Why this could be worse??? Maybe, because we are hundreds of times deeper in debt?????😅😅😅😂😂😂😂
@smallchillin
Ай бұрын
Meh, let's go for a thousand we should be fine
@marcmcreynolds2827
Ай бұрын
USA debt-to-GDP is about where it was at the end of World War II.
@DenisDeCharmoy-fl3ht
Ай бұрын
The US dollar value is going down. Shalom
@Cerez78
Ай бұрын
It's imaginary value is decreasing. USD is fiat currency, and is not backed by assets and is worthless. It's a scam. Ghost money.
@BrooksHuard
Ай бұрын
Why bother trading or just holding onto coins when you can let Unimantic's top bots make money for you? Sounds like a better option, right?
@marcmcreynolds2827
Ай бұрын
No, it doesn't.
@BrandyHeng007
Ай бұрын
WW3 breaking out , World Stock Market crashing , obliviously, Gold and Silver is the best assets to own.
@derkong7114
Ай бұрын
not really, freeze dried shelf stable food is the best asset to own. You will sell all your gold and silver to buy one meal if your kids haven't eaten in just three days...
@radeksparowski7174
Ай бұрын
@@derkong7114 yup, and antibiotics, alcohol+cigarettes to barter and shittickets....lots of shittickets.......
@raybans8712
Ай бұрын
@@derkong7114you got it kid
@snowyowl6892
Ай бұрын
@@radeksparowski7174What’s a shitticket. .. for everyone else in the world ..
@radeksparowski7174
Ай бұрын
@@snowyowl6892 toilet paper, since stallones demolition man :-D
@torceridaho
Ай бұрын
McGlone is a gift for us average investors. Thanks, Mike
@BrooksHuard
Ай бұрын
Unimantic's platform is definitely catching my attention, I'll be looking into them further.
@ErnestDurante
Ай бұрын
GDP's already negative, the housing market's already crashing (see all-time high number of price reductions without any sales still), all-time consumer credit card debt, unemployment is skyrocketing and will surpass 2009's 10% peak. Homes and stocks will crash 60%. It's literally 3rd grade math. It was always inevitable. Already seeing it in every single asset class other than the Crypto market ....I've been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Adriana Jensen whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
@BettyBensonfranz
Ай бұрын
Adriana Jensen program is widely available online..
@PeterSayer238
Ай бұрын
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
@RenfieldJones
Ай бұрын
It really helped trading with Adriana Jensen analysis and info, even with the market in a downward trend. Definitely riding the market wave is a good perspective..
@ChrisBickley528
Ай бұрын
I read about her too on the website. That is how I get connected to her. Thanks for putting this down here
@elizabethwestbrook4121
Ай бұрын
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience…
@chriswrerup
Ай бұрын
Mike is always solid and on point. Great guest.
@gsikorski9808
Ай бұрын
Congrats to all professionals that predicted sht hitting the fan. Including Mike. 👏🏻👏🏻👏🏻
@joelslavis
Ай бұрын
Thank you, Jeremy. It's refreshing to hear a responsible person on your show. Many other conspiracies are unappealing. I appreciate rational individuals like Mike McGLONE .Too many conspiracy theorists mislead your audience
@DX-jp7qd
Ай бұрын
1929
@brianoleson9224
Ай бұрын
do you think it has to come in 2029 and 2024/2025 would just be silly 4 years early?
@local80g
Ай бұрын
A possible slow down in the economy? What planet do you live on? How long do you think the government could continue government employees? This is the beginning of the crash.
@Cerez78
Ай бұрын
We are in a recession. I hate when people tippy toe the facts and water down reality.
@pabs5270
Ай бұрын
Love Mike
@guyramsay246
Ай бұрын
buy oil wars ahead
@SlobberySlob
29 күн бұрын
Mike is intense on a deflation replay like 2005 to 2008. China is definately undergoing this which are why commodities are tanking. But unlike 2008, 1929 the fed now has a hair trigger response with huge qe, inflation and money printing tools to bail out assets falling whatever the cost to the rest of us.
@Zach-ls1if
Ай бұрын
I just can’t take any of these videos seriously anymore, after ten years of them saying the same thing
@theinflationsituation8870
Ай бұрын
You the man, McGlone!
@tonylopetrone9828
Ай бұрын
He never answered how many Hedge funds had margin called from the Yen carry trade? Market only retreated 3 percent.
@rd9102
Ай бұрын
I always like to hear from this guy, i see him on other channels but you should have him on more. He speaks his book and there is no over the top exposition, he is direct as he can be.
@joakimgasslander3622
Ай бұрын
A no brainer. Add physical gold any time 2024 and keep for ten years or longer and you keep your wealth for generations. Probably not regarding the equity markets seen ten years ahead.
@-SoulSimulation-
Ай бұрын
Gold Numbers are Managed just like Everything else but Should be Included in Any Portfolio if done Correctly
@themacker894
Ай бұрын
I was trying to listen, and I couldn't understand your guest. His voice kept cutting out.
@gimmeshelter1969
Ай бұрын
...and he talks way too fast; unintelligible even.
@SilverWong-yo5iu
Ай бұрын
I originally thought my listening was not good enough.
@issenvan1050
Ай бұрын
How about gold stocks?
@brian6x
Ай бұрын
@7:06 "buy the dip and I'd say sell the Ries" Sell the what???
@Cerez78
Ай бұрын
He means buy low and sell when the market value is high for an asset
@tiger_would4419
Ай бұрын
Sell the rallies
@carlyndolphin
Ай бұрын
Gold is not an investment, it’s to hedge against inflation.
@stevenrowlandson9650
Ай бұрын
It is an investment and it is also insurance against total loss and to be good insurance the pay off has to be worth the time and expense put into it.
@carlyndolphin
Ай бұрын
@@stevenrowlandson9650It’s not an investment. It’s to persevere wealth and that’s it.
@lrr5425
28 күн бұрын
If gold's price is currently suppressed as some say, then buying physical gold becomes both a value store and an investment, a bet on future price discovery.
@felixj709
Ай бұрын
We need Trump
@snowyowl6892
Ай бұрын
Should’ve had him in for the last few years. … also the (entrenched) Cabal 👹☠️ know how dangerous he is to their ongoing treachery. That was the trigger for the ‘pew pew’ action … which FAILED ! 🤣🤣🤣.
@snowyowl6892
Ай бұрын
flip a switch to disable your car.?? YIKES also btw the Electric Car “push”🤔 so “they” can flip a switch to disable your car, your means of transport .. 🤔🤔
@supermash1
Ай бұрын
Trump is a loser.
@tonivaripati5951
Ай бұрын
One can use all those paper $'s to put a bet on the future price of Gold!
@stevemiller8895
Ай бұрын
I like the way you talk about the stability of gold when physical gold is valued at the price of ETFs there is no stability in the public stocks only in the private substance.
@francisleong4248
Ай бұрын
1:43 "CHN facing a severe recession or maybe depression"?? CHN economic growth is over 5% whereas the US is on the brink of a recession, if not already in recession. $35Trillion in debt and growing $1Trillion every 100 days is NOT sustainable.
@asmarbilalsr7769
Ай бұрын
i like mike
@issenvan1050
Ай бұрын
Why would concerns over a slowdown in economy drive the gold price lower? Doesn’t gold like that?
@richardmtl
Ай бұрын
print print print
@TgevrekLatin
Ай бұрын
As long as these so called experts call for “ financial crisis” keep buying markets will most likely melt up, they are good indicators.
@Tom-yr6kt
Ай бұрын
Why should anybody buy Gold in a deflationary period as you say ??? Makes no sense, you'll get hammered 😂 In that case you just sit in long USD bonds, they are going to appreciate and so is the dollar
@Karakulak1071
Ай бұрын
7% interest is very low, we need asset prices to come down
@freefruitsandvegies3099
Ай бұрын
Gold will hit 1,500 most likely
@stevemiller8895
Ай бұрын
I wish you would speak making a distinction between ETF gold and physical gold. Because when you don't make the distinction people don't make the distinction and that way it's like brainwashing.
@TheNorville2
Ай бұрын
Doom and gloom, we are all doomed war is coming, come on guys lighten up....
@ivansaric33
Ай бұрын
A physical store of value unlike the digital non existent nothingness that relies on speculation and talk
@derkong7114
Ай бұрын
last game left is print print print....
@webmaster4980
Ай бұрын
Waffles
@onlywenilaugh6589
Ай бұрын
Of course the market back up now, not much to see here😊
@issenvan1050
Ай бұрын
During the Great Depression gold stocks did extremely well as opposed to almost anything else!
@zzz22214
Ай бұрын
No things will improve very soon...
@vfc1860
Ай бұрын
😂
@georgemao609
Ай бұрын
Everybody is bullish on gold, but somebody is dumping it like nobody's business for reasons we can only speculate.
@nigelroffey8682
Ай бұрын
When stop saying 3000 blah blah blah when otherwise stick it
@shawnb9193
16 күн бұрын
Use paper money not the real money. You will become a millionaire if you start with a billion.
@marcmcreynolds2827
Ай бұрын
> When you hear everybody say "Buy the dip" with the S&P 500 well above its 200 DMA, ignore them. < You can also ignore this speaker, who is unaware that there is no predictive power to moving average crossovers (Journal of Finance, 1987, plus other more recent refereed articles in statistical publications).
@issenvan1050
Ай бұрын
When will gold takw off?
@mustseenow991
Ай бұрын
Gold is stable actually..didnt crash at all
@Millerj2450
11 күн бұрын
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.
@Sofiapaate
11 күн бұрын
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
@JacobPaula
11 күн бұрын
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
@JacobPaula
11 күн бұрын
My CFA ’Jessica Lee Horst’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@WillFred-g7g
11 күн бұрын
thanks For clearing that up, I curiously searched for Jessica Lee Horst on the internet and thankfully, I came across her my goal is to retire in 5years time.
@Fred-w7t
11 күн бұрын
@@JacobPaula I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
@VinNewYork-zv9rn
Ай бұрын
$3000😂. If dollar collapse how it could be $3000. Meaning there will be no true value to gold
@lukew4354
Ай бұрын
👍👍
@ReasonablySane
Ай бұрын
Could be?!😂😂😂😂😂😂😂😂
@moeluv
Ай бұрын
👁️ 🙌
@issenvan1050
Ай бұрын
Gold $3k when?
@ishaks8152
29 күн бұрын
Before Christmas 2024.
@issenvan1050
29 күн бұрын
@@ishaks8152 Seriously?
@ishaks8152
29 күн бұрын
@@issenvan1050 That is my prediction based on citigroup predictions of gold at usd3000 by December.Cross our 👉 fingers guys we don't loose anything.
@greggcal4583
Ай бұрын
If gold goes up, Bitcoin will rocket past gold.
@ashleyknowles6613
Ай бұрын
U think so?
@davidc2597
Ай бұрын
I don’t think so. It has a short track record, not as stable as gold. Compare 1kg of gold to bitcoin and gold is outperforming bitcoin
@jimfrost5287
Ай бұрын
Bitcoin did the same thing 100 years ago
@greggcal4583
Ай бұрын
@@davidc2597 With only a little over 10 years of track record, the sample is admittedly small, but since roughly 2012, no asset has come close to outperforming Bitcoin.
@OlyBirrell
Ай бұрын
Fool
@spaceoddity2485
14 күн бұрын
Wrong again
@johningram5479
Ай бұрын
"over the next few years" Bitcoin will outperform gold 100X.
@padmaanand4027
Ай бұрын
Pleasant dream.
@ishaks8152
Ай бұрын
One smart dude even said btc could replace gold near future.Boom.
@Cronosboi94
Ай бұрын
It’s supply and demand. You can add more gold to the world supply but it’s a fact their will only be 12 million btc mined 🤔
@ihappeningcommunications8318
Ай бұрын
Gold wont go up because its acraw materiaks fir industries. Thats not going to happen ir everyonr gi bankrupt
@bv-zh6hy
Ай бұрын
Good luck to you. Your wise words will surely save you.
@sunlee3555
Ай бұрын
@@bv-zh6hy 😂
@vivienslennett7197
Ай бұрын
Gold is and always has been a store of value . You are so very wrong.
@anthonysodaro1159
Ай бұрын
Oh, no, gold won't go up, it is only at its all time high, ever, this year.😂😂😂😂
@bellakrinkle9381
Ай бұрын
Will you repeat? I'm having difficulty hearing you.
@bobbobertson7568
Ай бұрын
Not a fan of gold as only way to get leverage is through miners, and they suck and they crash with the rest of the market. I am all in bonds, long duration bonds.
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