The price of Gold is about to crash, but why? what could cause the price of gold to fall? should I buy more gold? hold? or start selling? In this video I explain some of the reasons gold might continue falling and what you should do to protect yourself.
In this video I go in depth into gold analysis and talk about why gold prices have been falling recently and if it is likely to continue doing so, and also talk about what influences the price of gold.
Virtual gold and physical gold are two different forms of gold, but share the same pricing. therefore, the entire supply of tangible gold could be sold but the price could still move up and down as a result of virtual transactions.
If you made it to the end of the video be sure to drop a comment below letting me know 🙂
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The information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, electrical or financial advice. IF stocks or companies are mentioned, Thomas MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on Thomas' videos. If you need such advice, please contact a qualified accountant, solicitor, insurance agent, contractor/electrician/engineer/etc. or financial advisor.
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Inspired by Graham Stephan, Meet Kevin, Shaf Rasul, Andrei Jikh, Nate O'Brien, The Credit Shifu and more.
#Gold #GoldPrice #GoldForecast
In this video I go in depth into gold analysis and talk about why gold prices have been falling recently and if it is likely to continue doing so, and also talk about what influences the price of gold.
Virtual gold and physical gold are two different forms of gold, but share the same pricing. therefore, the entire supply of tangible gold could be sold but the price could still move up and down as a result of virtual transactions.
If you made it to the end of the video be sure to drop a comment below letting me know 🙂
My Favourite Investing Books;
Rich Dad Poor Dad - https://amzn.to/3gqVJBW
The Big Short - https://amzn.to/2ExjIB5
The Wolf of WallStreet - https://amzn.to/2PgVeyo
The Four Hour Work Week - https://amzn.to/30hr3xe
Think and Grow Rich - https://amzn.to/2XkLyHg
Intelligent Investor - https://amzn.to/2BUqEYg
The Equipment I use to make these videos;
Camera - Canon EOS M50 - https://amzn.to/3225DVx
Microphone - Rode Video Mic Go - https://amzn.to/2F4C5On
Lighting A - 2x Softboxes - https://amzn.to/331O1IW
Lighting B - Neewer Ring Light - https://amzn.to/3309wda
Small whiteboard - https://amzn.to/2R6urW5
If you enjoy these videos and want me to continue making more, consider becoming a member of the channel here; https://youtube.com/channel/UCRTndpz_fpcVcoVe0QF1IgA/join
Buy bitcoin using Coinbase here - https://coinbase.com/join/smallb_1u?src=ios-link
DM me on Instagram to get a free share worth up to £200 with FreeTrade - ThomasJamesYT
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Subscribe for more related content - https://youtube.com/c/ThomasJamesPropertyInvesting
The information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, electrical or financial advice. IF stocks or companies are mentioned, Thomas MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on Thomas' videos. If you need such advice, please contact a qualified accountant, solicitor, insurance agent, contractor/electrician/engineer/etc. or financial advisor.
This is not an advertisement of property for sale and shall not be construed as anything other than an opinion for entertainment purposes only.
Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week!
Inspired by Graham Stephan, Meet Kevin, Shaf Rasul, Andrei Jikh, Nate O'Brien, The Credit Shifu and more.
#Gold #GoldPrice #GoldForecast
During the COVID-19 debacle in March everything sold off, including the stock market and precious metals. I'm a goldbug, but I think you might be right, gold has been rising steadily since the year 2002 and sentiment was very high when we rose above $2000. All newspapers were promoting gold. I think we will continue to go up this year with the S&P, but I'm looking to sell next year. I believe the economic consequences of major lockdowns are yet to come. If many companies go bankrupt, people will become unemployed and will want liquidity so everything gets sold.
2 Timothy 3
1 This know also, that in the last days perilous times shall come.
2 For men shall be lovers of their own selves, covetous, boasters, proud, blasphemers, disobedient to parents, unthankful, unholy,
3 Without natural affection, trucebreakers, false accusers, incontinent, fierce, despisers of those that are good,
4 Traitors, heady, highminded, lovers of pleasures more than lovers of GOD;
5 Having a form of godliness, but denying the power thereof: from such turn away.
6 For of this sort are they which creep into houses, and lead captive silly women laden with sins, led away with divers lusts,
7 Ever learning, and never able to come to the knowledge of the truth.
8 Now as Jannes and Jambres withstood Moses, so do these also resist the truth: men of corrupt minds, reprobate concerning the faith.
9 But they shall proceed no further: for their folly shall be manifest unto all men, as their's also was.
It's crashing. You were right.
I had to stop watching half way through, who taught you to constantly wave your hands around? It looks exaggerated and its too bloody annoying. Sorry.
He may be right! But Gold will rise until at least covid is finished, people still losing the jobs everyday! All this goverment bailouts will increase Gold prices. – World wide lockdown
Money gold price
I believe the price of gold and silver will continue to appreciate and maybe even skyrocket as the world conducts its transactions digitally. Gold and silver will be the only two physical currencies left which will only increase its demand.
Sorry this has very little to do with a bout of flue and you know this surge in tangible assets is to do with wealth presivation and nothing to do with a timely seasonal flue. Good vid. Thank you.
In the history of Gold the price has never been this high, indeed it will drop when the dollar rallies , I'm buying gold at any price mainly because, it's GOLD! Enjoyed your video.
To believe in the pandemic is naive, but to give financial advice based on it is plain wrong. The plan is to use it to crash the economy totally & take everything from us all. Crypto & stocks are manipulated. Physical metals are the only real haven, as always. Young people have great ideas, but intuition comes from experience
Gold was less than 300$ in 2000. Now well over 1800$. Crash? I don’t think so, Gold will soon make its next big jump
You are regurgitated narratives… this isn't opinion. This is story telling of the past
yep crash. to take out the early bird positions. then rally 3k+ will resume
Funny that. Major governments stockpiling gold…Gold doesn’t make you rich. That’s what‘ bin men’ and ‘teachers’ think…
You recommended Silver two weeks ago. How did that work out?
Weird analysis, pretty much 180 from reality.
Gold is not going to crash, hopefully there will be a strong correction, maybe even down to the 17 hundreds.
Virtual gold does NOT kick up gold prices but push them down. Gold should be much higher vs the insane fiat that we have today.
"normal" working class mom and pop people do not push gold prices like mentioned in the vid. Case in point: india, one billion "normal" people all living in a culture of buy-gold with a part of your every salary and tadaa..no gold hikes are ever created by this but all of a sudden some everyday working people in the west will get a little gold and this will inflate a gold bubble? Is this a joke?
Gold is an inflation hedge and if we look at what real/big money is doign with precious metals right now then countries are hoarding it like there will be no tomorrow, financial institutions like goldman sachs are grabbing all they can and even mega investors like Buffet are changing tune from not liking gold to hoarding it.
US FED just raised the inflation forecasts from to-2% to 2% and above. Wonder where big money will go when inflation rises and rates remain negative to zero hmm?
Interests rates will go up only if jobs perform fantastic in the next 2 years and even if they will the housing market cannot take an interest hike, unless something major changes in the economy such as eliminating the fed and completely rolling it into the treasury and abolishing income taxation instead going to funds normally not touched interest rates will remain at zero and the yield curve wont be much upset as the housing market relies on its 10y.
What could crash gold eh? Goverment confiscating it from private citizens? Good luck with that. There is more logic behind a gold correction that we see taking place today turning into a second bull phase up to 3000 then a crash. What controls a gold crash is public confidence. If enough people believe in the current fiat system then gold is suppressed. If enough people start loosing faith in their empty, fiat currencies with a perpetual negative interest rate attached to them and gold will soar.
The only thing goverments can do in such scenarios is to forbid gold (not feasable) or force people into new forms of currencies such as gov controlled cryptos (feasable).
The notion that gold will crash down towards some pre 1000/ounce is mostly a though experiment using bitcoin and flawed assumptions about a minuscale amount of western everyday garbage collecting workers buying a little of it as a basis.
Bitcoin was a highly localized phenomena among an extremely low numbering crowd. The vast majority of people didnt even know what bitcoin was, least what cryptos were. I know, I was there buying in at 20usd per btc.
If you really want to convince people that gold will crash and burn then make a strong case for the DXY all of a sudden going to 150-200, staying there and interest rates climbing up to 10% touching the real inflation numbers.
I wish I saw this sooner omg
Worldwidelockdown. 🙂
So how do you explain todays drop on all markets?
*Counterfeiting?????
*0% interest rates
*Equity’s subsided by Fed & central banks????
Good presentation though you make me stretch my noodle 🍜
Don’t let the gold bulls get to you 😂🤣
Eventually Gold will be a bubble again, our cycles just differ
Nice job… sorted point of view ( keep up the good work)
You are dumb a**! You said Gold will crash, then why you asked people what they think about if they’re about crash or not.
You are full of shit! 😂💯
Not really certain you get the fundamentals of gold. You are speaking of gold buble while we're in one of the greatest stock market bubles of all time? GDP vs Stock Cap? Tech companies being way overpriced. Billions of US Dollars being printed and announced "controlled" inflation of 2% per year by the FED. National and corporate debt in astronomic heights…. I also tend to see that from your video you seem to look at gold as an investment while it's rather a hedge for your portfolio against rising inflation. As an example, in the 20ties and 30ties of 20th century, with 1 oz of gold you could afford to buy one suit of a known brand, that being only 30 USD back then. Nowadays, with 1 oz of Gold you can also afford to buy a branded suit, that being 1900 US Dollars. Then, people say, Gold isn't doing anything for you…
Gold stocks are investment instead, but that's a fully different story.
Gold is the reserve currency around the World not Paper..Just Sayin' !!
What do you think about the price of gold? do you see a crash coming soon?