Here are the links I mentioned in the video for buying sold & silver and having it shipped to you ( wealthion.com/goldsilver ) or stored remotely for you ( wealthion.com/haa )
Thanks. Some great advice from Mike ~ the long-term pro investor ~ for small-time newbie retail-joes like myself , who freeze in a pained paralysis. Yes, just do something little, step by step, - rather than balking at and shying away from that big move which one never has the courage to take.
Southern Silver Exploration Corp is a poly metallic deposit containing 335 million oz of silver at an exploration cost of $.09 per ounce. This company is about to release its third party PEA in June, citing the value of the deposit at some $4 Billion equivalent (silver price depending) They are the largest high grade silver deposit on earth with a stock valuation equivalent to the general market. The management of this company developed Western Silver in 2006 into a viable company and the company sold for $37/ share
00:11:40 Tava Costa: "At some point we are going to see Yield Curve Control in my opinion." Adam: "Okay, great, and that will be a really big catalyst for gold . . . . " Really? Why necessarily? I hope so, but Japan - the world's third largest - economy has been practicing yield curve control for awhile, and I don't see upward pressure on gold from the Japanese.
Ya this guy does not sound like he really knows. Also, better question is, why would the fed feel compelled to do yield curve control? They have not done that since world war two, and now they are tightening. This does not make sense.
@@hpiccus because the higher the yield the more expensive the debt in the whole system. Federal and private. They are not tightening because they want to but because their transitory garbage has blown up in their faces. At the slightest excuse they'll get back to easing
You will now, because now that prices are rising in Japan their central bank is still going to controlling yield which will make gold more expensive as the yen weakens.
Japan has to expand their export in order to ramp up the GDP.. take advantage of weakening Yen. That way the bond buying could be eased up.. more money supply and eventually growth. Take it as blessing in disguise
I missed any Gold or Silver predictions so let me offer mine. There is a good probability of silver hitting $30 silver by year end. If we clear than for several days in a row then $40/oz should be hit fairly quickly. Gold could easily hit $2300-$2600/oz by Dec 2022 or by first half of 2023.
Would be helpful to see a chart overlay showing the equities and commodities values. Not saying this is the case, but the equities could theoretically stand still under all scenarios and you could still see equities fo up and down
Also, are these commodities people can actually invest in, or things that they just buy day to day? Less cash for investing and other things comes from inflation on the regular person. Can they capture any notable commodity upside through certain equity exposure? Or should they just wait for bottoming of general equities and then get back in again? How does this compare against the value of cash?
Great interview overall. But when it comes to the miners, why it's always about high risk explorers? Sure if they hit a resource it will be a multibagger, but half of them or even more will never become a mine. Would be great to hear something about actual miners producing gold and not only about companies hoping that they have something in their ground.
While the long-term outlook for gold and silver looks good given the factors he outlines, short-term its a bit concerning that nominal yields have been rising and inflation easing a bit...gold had been driven by increasingly negative real yields over the past year, but the yields have become a bit less negative recently and this could be a fundamental driver of the drop in gold...if the Fed continues to hike this year and inflation flattens or even eases, it seems that this could put gold under some pressure in the short-term.
Listening to Mike from New harbour, he's kind of dull and boring, that's why I would 100% INVEST MY MONEY WITH THEM! because I'm not looking for fancy, funny and charismatic financial advisers, I want them smart, experienced and with a proven good track record!!
It is nice to see US Treasuries get back to having a *negative* correlation with stocks again this week! Hope that continues maybe things can get back to a bit more normal. I'm not holding my breathe on that happening though hahaha.
It is one of the safest jurisdictions in the world with some of the highest grade Silver/Copper/Gold deposits so its very profitable to mine here if you know what you are doing. Excellent high grade deposits in UNSAFE jurisdictions drive up costs and can make it prohibitive to mine there. Canada checks off all the boxes!
Gold is pegged to the $ like oil is, not officially but actually. Gold is pegged to the $ not the $ pegged to gold. The strength of the $ is one reason why the price of gold hasn’t relatively gone up. There are of course many other reasons as well. If the $ loses strength will gold go up? Technically yes, but it’s all relative to purchasing power which is what gold is supposed to retain. “Supposed” being the the “rubber meeting the road” moment.
No idea if this theory will work. If Paul Volker's action is any guide with 12% on CD, maybe, some will be very calmed down. The irony - the root cause of all inflations is money print. We use Saudi oil as the impression that every dollar is backed by barrel. Now Saudi changed their mind. In order to maintain current financial system peacefully , you have to use tier 1 underground gold, silver, and copper as sinking funds to retire existing bonds. This will avoid the disaster of Rome empire. Interest hike is the last century's tool. The impression for this century is all financial system should be backed by something, Boeing 777 as trade collateral. This will give all a peace.
We are in a Global Depression economy where USA is the best looking house in a bad neighborhood per say lol. This is why US Dollar has been rising rapidly all of this year.
We are in an inflationary environment and metals are getting hammered. Seems to me that the only thing that will increase their value is the dollar falling and good luck with that happening
Gold got major short term obstacles in it way - Russian war and interest rates rise, both of these must be out of the way and priced out before gold can attempt new heights.
There are a number of choices eg. for Eloro (ELRRF, ELO.V, P2QM.F, P2QM.BE), it would be better if the relevant symbol was on the screen. Is ELO.V implied? Same thing with Novo resources, is it NVO or perhaps NSRPF? Please clarify.
you better hope that humanity does that the other option is playing with sticks and stones. its a "central banking warfare model" and crypto is just as centralized and vulnerable a scam as fiat. get real get "shiny metals" good as real money since "forever"
It’s not what you buy - but what you pay - and what you sell it for. Sold my stocks and bonds (95%) in 1st week of January. While “today” gold went down. So far it’s not down for the year. Am I buying gold? No. Bought years ago. Am up well over 100%. Am I buying Stocks and Bonds? No, for the same reason. Am quite happy to wait till the price is right - either Stocks/Bonds/Gold whatever. It’s not what you buy, it’s what you pay.
Cash is king. Anyone who wants to sell you gold and silver means they believe in cash and want to charge you high commissions and "premiums" to make even more profits. Gold and silver are boomer coins and this guys just wants to CASH in on that.
You realize $US has lost 99%+ of its value since Fed was created in 1914 right? It will lose at least 99% of it's value over next 100 years. Nobody believes in holding cash for long term that is ridiculous. Only reason people create business to buy/sell precious metals is to satisfy free market demand. That is how free markets work, if there is a need a business will figure out how to satisfy that need and make a profit on it.
Salaries and assets have also gone up inversely. Most importantly the quality of life and standards of living have also gone up. So your canned response is not important. Anyone who participates in our society and economy doesn't want gold, and this is why it's a fringe boomer coin.
Cash is king saying, is with reference to cash vs. credit! Not cash to a real asset! Cash is trash due to inflation. 18% inflation is an 18% loss a year in purchasing power, which means you will 50% of your value in 4 years! I am not talking about CPI inflation. I am talking about real inflation. Inflation at the grocery store, inflation at the gas pump, inflation at night out at a restaurant. If you are using cash as a placeholder for your next move, that is one thing. If you are holding cash as a play on safety, you might as well use it for toilet paper if you do.
