Bro please please get Frank to debate M Saylor again. The guy is full of it and now he is being margin called on his btc. Yet he laments himself all over the net like some king crypto investor with more knowledge than anyone. Thanks.
This headline just amazes me: "Central Banks Could Revalue GOLD in the Future" ... Could revalue gold? ... the prevailing assumption has always been that they not only would revalue gold, but that there was absolutely no way around it! ... All the experts are now lowering the bar ... this is a good example of how price manipulation destroys sentiment ... Bet the ranch that if and when gold is repriced, they won't forget to first slap an excise tax on it ... No way they let us realize large gains from a repricing ...
Frank always provides excellent commentary and perspective on the Gold markets. His track record in this sector should provide gold market investors confidence to continue to invest in this segment of the markets. Frank is one of the best in this industry.
Frank is a bad boy, no question about it. Dude is a billionaire and as humble as one could be. If all billionaires were like Frank we’d actually be okay.
Amen. Bitcoin vs Gold is like comparing a window vs a planet. They are two different things that serve two different purposes. Where they are similar is being an alternative to the local fiat currency.
Sure, gold's value being based on what gamblers are willing to bet against each other. Gold does aid in chips being a little easier to make, and, it also, uh.........
Revaluation requires accessibility to the physical metals and modern investors are rejecting the unappealing costs, difficultly and risks. WGC needs to up their game. 😜
The phrase "Central Banks Could Revalue Gold in the Future" was a little surprising. Why should central banks be allowed to set the price of commodities instead of the free market ?
If central banks had it their way, they'd revalue gold at a $1. So they can continue their money printing and buy gold on the cheap with their printed dollars then down the road, revalue gold at $1 million when they have it all.
@@lamarravery4094 Exactly. Even now gold is being forced down to panic small investors.... this is the closest thing to blood in the water that we are going to see here gold is concerned. Time to buy and hold.
One day, all these $130 trillion in gov bonds would need to be backed by something real. Gold? Because not copper, not uranium, not rhodium. It can only be gold. Well, this means price will be $120,000 per oz. Cool, isnt it? Now, what it would do to silver?
Correction: If you bought gold in 2020, you'd have a net gain of zero. Virtually every solid equity is well above its 2020 value. These guys always seem to forget these facts.
Gold ETFs and the fed manipulation has kept gold down. The bitcoin fantasy speculation to a lesser extent. Gold would probably be around $2500 or $3000 if there was no bitcoin.
Only if it maintains a value, but its completely based in speculation. If we simply had sound money at the core, it would be a breeze to transfer credits through a digital platform just the same. Having a digital overlay for convenience is the easy part, whats most important is a physical foundation of a production based money supply that is organically limited and allows people to transact and save privately in the real world, without being railroaded into cyber space.
Except it really has no value. It is way overvalued. No one can tell me it's worth $29k. You'd have to be a retard to buy it for that much. It wasn't even worth $3k a few yrs ago. The pumpers really pumped it up though.
I’m invested in Gran Columbia mining in Columbia, holder of a significant stake in Aris, I’m worried about civil unrest in Columbus and a leftist takeover. Anyone knowledgeable about politics in Columbia?
@@Radio280 developing countries are burdened by being forced to buy oil in US dollars and end up in debt and lack of infrastructure development leading to currency weakness and money printing hence high inflation. Gold and silver help to protect the purchasing power of those citizens. Look at the local currency vs gold in counties like Turkey, Sri Lanka, Lebanon, Argentina, Etc
QT will end when record numbers of businesses file for bankruptcy and banks collapse. Businesses starved for liquidity die from de-hydration. The Fed will be forced to restart QE to save the markets and stave off a collapse of the system. QE is the heroin to the dollar demand junkie. It's not a matter of "if," it's a matter of "when."
For someone so successful in the gold market, it’s odd thathe can’t elaborate more intelligently rather than just provide opinion. Not surprised he lost the great debate with Saylor last year.
Sure, the New Jerusalem's single street will be of gold so pure it is transparent, and is accessed by two of four gates each of which is a single pearl, not to mention the multiple foundation layers of precious jewel. Yeshua did say lay up treasure in heaven, which is where that city comes down out of. Very, very revealing comment you placed here.
Bitcoin is an electronic numbers game that has no intrinsic value. The intrinsic value of something is said to be the value that that thing has “in itself,” or “for its own sake,” or “as such,” or “in its own right.” Bitcoin has no economic utility other than the valuation that investors have assigned to a formulaic finite set of units. Bitcoin has no physical manifestation or form utility; it is confined to numbers on a screen or page. Bitcoin will disappear the moment an electromagnetic pulse (EMP), either man-made or from a solar flare, strikes Earth. Physical gold and silver in storage outside the Central Banking System are secure assets. The last asset standing will be gold as it has been for the last 5,000 years. People will never go to war to seize bitcoin; empires have been lost over gold. Treasure is as treasure does.
< Technical Analysis is all well and good but I find it truly baffling that all major crypto youtubers just look at pure TA and completely ignore the bigger narrative of why BTC is dumping and why the future outlook might not be as rosy as it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. More emphasis should be put into day tradiing as it is less affected by the unpredictable nature of the market. I have made over 11 btc from day tradng with David Walter, insights and signals in less than 2 weeks, this is one of the best medium to backup your assets incase it goes bearish..
