Joni Teves of the investment bank explains why the strength of gold is “ultimately short-lived” and discusses the factors that are part of its “negative backdrop.”
Gold prices are likely to drop toward the end of 2022, says UBS
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SELL GOLD BUY PLATINUM PRICE IS LOW NOW PROMOTE PLATINUM PRICE IS RISING LIKE GOLD. HYDROGEN INDUSTRY NEEDS PLATINUM…..
I agree but I think silver will have the biggest gain because of its industrial uses.
Interesting call. Given that gold has risen in 10 of the 12 tightening cycles since 1951. Check it. Seems counterintuitive but thems the facts.
1600 gold by the end of year? Call me skeptical
@Art Torrez What happens if you buy actual Gold? wouldn’t it be “reset” proof? This freakin economy is weird af these days
@viewez lalan Physical gold and silver is pegged against the market exchange spot price, and spot price is traded in paper fiat currencies as well as paper debt notes by short sellers. Hence the GATA research discoveries of market manipulation. So in essence until gold and silver becomes actual street level barter, it will continually be linked to paper market exchanges and hence manipulated. And the only way we get to street level barter is if we have a global economic collapse of all fiat currencies from some kind of calamity event like a global nuclear war.
1700 gold September 2022
Here we are
@Art Torrez This guy gets it 💯
Why did Russia take all their gold out of Swiss and fly it to Russia?
Because BRICS is going to start their own currency backed by the gold standard. But Americans/EU or the West rather aren’t stupid and they’ll just counter with their own gold backed currency. The key in all this is Saudia Arabia. Since much of the US ie cars/trucks on the road, and Petrol bought and sold with US dollars, and to a lesser extent the industrial military complex. All add to the benefit that US stays on top. What I do know is that the US is not a hegemony anymore as their place is being contested in a number of ways. But the fall of Rome is not nigh something more drastic needs to occur and that involves a lot more suffering and bloodshed. Put it this way, if you’re the king of the hill, you’re not going down without a fight!!
Let’s look at her record at forecasting. Bwahhhhhhhhhh. Nuf said.
Oof
BS, gold price is rising
@AnhnotAnn the only reason its not is because they trade and sell all papper nothing they sell of is actually physical gold nor silver because they are criminals a d will do whatever it takes for you to want there papper monopoly money instead of real money gold and silver.
But they no what the real money is why do u think all the world leaders and banks still hold gold and silver?
Because there not dumb everyone else is dumb for believing them and wanting there worthless papper money and other schemes they have.
Plus gold and silver is holding up better then anything else right now so what u talkn bout.
If everyone would wake up and understand history and whats happening and what real money is then gold and silver would go through the roof a d there crooked papper selling days would be over.
Instead you use a piece of failing papper and put it into a invisible online currency lol
@AnhnotAnn no
Rip
Is it now?
This comment didn’t age well lol
O.o yeah this is ok IF you believe the inflation is transitory and the Fed will save us all but I really doubt about 😉
Hahahahahhahhaha.
Let me guess and u think a failing piece of worthless papper backed by crooked people will go up right?lol.
Thease people have absolutely no clue of what is about to happen nor history and what true money really is.
Listen gold and silver is the only true money humanity has and ever will have the only plqce its going is up 100%.
Sure the crooks will try to manipulate and suppress gold still but things are changing.
So if u listen to thease people instead of understanding history and what is about to come well thats your fault because gods money gold and silver will rise agin!
Good, means I can trade more worthless paper for tangible assets
Haha… CNBC! Fake news. Gold low this year $1785. $2500 by years end. Silver’s low around $20. $30 by years end. In less than 10 years China will have the world’s dominant currency. India will be much stronger as well. Russia teaches their children how to take apart and assemble AK-47s in their classrooms while the US is teaching children how to change their gender. Smart money is investing in Asia and abroad. Check out Ray Dalio who runs the largest hedge fund in the world.
The US has become a joke with their mental disorder of liberalism.
So “inflation” is basically raising the gas prices to make things more expensive. Has nothing to do with printing money or economics lol
Gold and silver should be soaring right now if inflation/economics were real.
Technically speaking, gold and silver are getting cheaper to buy every day.
Isn’t gold supposed to be a hedge to inflation? What a crock of criminal gangsta shit this world is. Corporations blind siding the peasants, stealing from families. War has been declared on the people. Many can’t see this due to tell lie vision.
If the stock market crashes, people will lose confidence and buy gold.
if people buy gold then why is the price decreasing instead of increasing?
@VandaraShark Ly The stock market hasn’t crashed yet, and most people will go down with the ship, thinking the market will come back. They will try to buy gold when the stock market goes down to about 20k or less.
Actually as stocks crash, so does gold… The last month is an excellent example.
Gold prices are artificially suppressed. Governments sell gold reserves. Many other governments however are buying shit ton of gold still
‘the upside risk’ lol
The main thing they will never mention is the very camera she’s talking into relies on Gold All computer systems have some gold in them go rip your f****** phone open and you see all those little shiny gold pieces that’s a literal f****** gold retards and even if we’re not allowed to have electronics the military needs to have the most cutting edge electronics so gold will always be worth way more than other things they just don’t want you to have gold because if everyone had gold it would basically f****** their b******* Ponzi scheme
Hoard coupons.
Back to door stoppers. Gold will go to zero before Bitcoin. Next year you won’t be able to give the stuff away.
Gold will never go to zero. Bitcoin definitely will at some point.
This is not financial advice 😂
Save the paper money you’ll need it.
This is make sense not like other channels saying the gold will rise while it is dipping😂
Time to buy. Bank suppression only last a short time.
How ironic that the US dollar has lost its value to every single item except gold and silver
its a beautiful thing.
We are in a shrinking economy. Perhaps slowing industrial and commercial demand play a role here.
Stop lying to people. Gold prices will shoot up by the beginning of fall this year
Well at 6 months later and you’re wrong again
As of today, August 28, 2022, 6:40 pm, Cental time, Gold price per oz. is at $1743.20.
$1686 today Sept 17th
I think the coming fed pivot is the start shot for gold if inflation does not go down
1656,50 26 October. Market is not a real market now is it.
this was a good call. sept 8 2022
People don’t understand the actual inflation rate is nearly twice as high as being reported. The Federal Reserve knows. A 3% Fed funds rate is not going to get ahead of a 15% inflation rate.
Great call.
Comex… what a joke. Paper gold… what a joke. Young girl… read some historian book.
You called it. Nice job! I’m subscribing
Great call as of the 1st of November, gold is at $1650. Welldone
what do you think will happen to gold in 2023?
11-8-2022 what is your prediction now..?
Experts that are expert at nothing .
The metals are manipulated by the banks , who decided banks should be in charge of the price of gold ?
The fed bankers ?
Bankers are thieves just like politicians
Gold closed at $1824. Happy new year.