I am standing at the ready to pounce as soon as we hear good news which will allow the value of gold to go up. Up until very recently i only spent time in cryptocurrency but looking to hedge the risk a little bit. I am looking towards real estate and also gold (and maybe later silver as well).
Gold is way better.... cryptocurrency i feel at the moment is a bit of a fad.... so many new ones popping up... gold and silver will always hold value.... as cryptocurrency only holds value when the people are interested in it... its just so cool to own bit coin :p
Yeah i know it will always hold intrinsic value, perhaps even more than crypto. But if you bought ethereum for 6 dollars last year it went times 35 in value. And gold does big give you that kind of numbers. As I am looking to hedge I will definitely put a solid amount in gold but to make the real big bucks if you are not rich already seems to be in crypto ATM in my opinion
Gold is gold... its real.... bitcoin and others are just digital.... if everyone lost interest in bitcoin tomorrow it would be worthless.... but then again if the internet failed or couldnt gain access to your "wallet" it wouldnt do much good for you... i donno... gotta see what the future holds...
I could go into a long winded explanation as to why bullion especially silver is going to lay flat for a long time indeed but all i will say is PERTH MINT.
People think J P Morgan is the big boogeyman but JP is small fry compared to the Perth mint. Its 60% government owned.
Perth Mint = Australian government = Commonwealth = Queen and her cronies the royal cabal. They are globalist and its the globalist agenda that is manipulating bullion. They want bullion to stay down and that's exactly what will happen. No and's no if's no but's 1 global currency that's the agenda and bullion has been sidelined (imprisoned) for that purpose . The global economic collapse will come directly after the new global currency system has be sufficiently distributed. Thats what the wealthy people will move their wealth in to..... not bullion
Can you think of a new currency system being implemented as we speak ? I can and so should you.
I would love to hear your explanation.
Bullion, especially silver is ,yes being suppressed, but when i see china hording it and silver at production cost, to me that's enough to say its worth having. something has to give, and even with me jumping on board with crypto, never forget what has been real money, and especially the industrial use of silver. Not sure what you mean about the new currency will be, but it looks to be here with crypto and maybe some form of government coin, I'm still thinking there's a reason for the hording and that's what they will back up the new coin with....just my thoughts, and at this point, honestly who knows? at least we are awake watching every move,
My view is that people need to hold both: PM, silver/gold in ratio of 20 to 1 for silver; ETH/BTC in ratio of 20 to 1 for ETH. Hold both for the long haul.
Hording ?..no they have to have something to cover the massive loses they will take when all the US'dollars they are holding go to zero. Bullion will not be backing anything but it will still hold wealth. The new currency will be totally backed by an illusion of wealth based upon greed.
I will be making one last video on bullion in a week or so.
That's what we have now, I mean the dollar isn't backed by anything but a promise to pay back a debt. ever since they took the US dollar off the gold standard, its plummeted to nothing, and these greedy bastards printing more out of thin air.
Nothing amazes me that you get a loan from a bank that gives you the money to buy a home with money they don't even own....but looking at crypto currency, its just what we the people want to believe in. people trading in useless dollars, taking the bankers out of the picture and distributing the wealth that they believe in, among themselves into a wealth of their own.
I still say gold and silver will play a major part...but yes the dollar is going to fall. i will look forward to your video.
Yep I agree....think of it like this ..If your going to pull the biggest scam in the history of man kind you sure don't want an honest man standing around showing everyone it's a scam.
Bullion is that honest man..fair waits and measures must be concealed at all costs to allow the scam to work. I don't think they will ever let that honest man speak again...bullion will remain imprisoned.
But what I think could be the fly in the ointment is the fact that the USGS has targeted silver to be the first element on the periodic table to effectively go extinct, at least in terms of its ready availability via conventional mining. Couple that with its massive industrial use base, and we're talking actual, practical, supply-side constriction that puts enormous pressure on price.
Gold is mostly a store of wealth, and the "barbarous relic" argument holds some sway among those not schooled in monetary history. If all the gold disappeared tomorrow, to many it would scarcely matter. But silver... now we're talking about how to go forward with the device and gadget industries, the solar industry, and a plethora of other modern cornerstones of our advancing tech world without ample supplies of the most electrically and thermally conductive, most reflective of all metals.
Metals are indeed the long play, and at my age I'm thinking it might well be the grandkids who reap the benefits of my stacking. For my own wealth-building, I'm increasingly betting on cryptos. But at these smacked-down prices, I'll continue to stack, you betcha.
As a hedge against inflation and store of wealth it's pretty hard to beat agreed.
As far as the laws of supply and demand go, the laws have become totally irrelevant to silver. If the laws had any relevance , silver would have been at least $200 an oz years ago. Bullion is the globalists pet hate. They can't kill it but they sure will punish the crap out of it for as long as it suits them and that as far as I can see is at least until the new global single currency system is in place.
Are you suggesting Cryptos are a "new currency system being implemented as we speak"? or something else? Thanks for sharing info on Perth Mint metals markets Manipulation - great tip.
I think at a minimum cryptos are a beta test....Imagine if a major bank decided to release a crypto.. do you think it would catch on ? All they would need to do is say..bring in your worthless dollars and we will replace them with "real" money or "usable " money and do it fast because this offer wont last. Do you think the greed driven fools the would is full of would go for that...lol..I do. ; )
Cryptos as a beta "pilot program" for globalist/central bankers and consolidation of other fiat currencies... now that's a theory that piques my interest... thanks for your comment. I would not be surprised - investment banks & mainstream financial powerbrokers have admitted they are mining & investing in cryptos now. The times are changing, but who is really in control? Hmmmm
Thank you! Also, awesome interview with Greg Hunter. I watched it yesterday. I 100% agree with you on "everything being fake" and that we all need to be "aware" of what is really going on out there so that we can be on top of the game.
I follow gold and silver prices daily using the Gold Live Prices app on my phone. I've been watching and buying in limited quantities for 3 1/2 yrs and seeing YouTube vids literally daily saying 'silver is about to skyrocket. I can say it has only varied from like $23.50 down to $13.50 in that timeframe and now is just piddlin' around in the middle. Pretty frustrating !
I think the price in silver is is being influenced by bitcoin/digital currency prices. As Greg has stated you had suppression of silver prices by JPM and others too. The case against JPM was dismissed in February. I picked up silver with others in a huge purchase in $14's in late fall of 2015 when it was best value (equities, bonds, commodities, etc.) of them all. Maybe pick up some at these levels if/when it touches the levels again? I'm waiting for $11's before I would buy more. However, this could be be the "new lows" ($15's/$16's per ounce) for silver for the next few years? take care lanceman
Thanks Gregory, I always keep an eye out for you on USA Watchdog.com. Excellent advice and good old fashioned common sense!! Keep up the good work and thanks from the UK.
Gold and silver have extremely different uses, as anyone who has ever tried to move a bunch of the latter has probably noticed first-hand. Is your reasoning for a roughly 10:1 price ratio based on historic mean reversion or other ideas?
Yet another great video I would just like to bring up the $ 6000 gold and $600 silver does that mean you think the gold silver ratio will one day drop to about 10:1 cheers Greg
Am I surprised, stock prices are falling? Not a bit. In fact, I am surprised, how could prices get so high at all! And yes, gold and silver are VERY undervalued. I just hope, someday they will not be manipulated any more
whats this, like "Three" videos" over the weekend? that in itself is rare Greg!
Looks like this is happening now, zombies beware, the sirens have been blasting, warning signs everywhere, its not to late but time is running out at a rapid pace. Etherium is still available relatively cheap. Bitcoin, well you can get some bits of a bitcoin, BUT Silver is still free!!! 20.00 a ounce...last call.... upsteemed
Gold and silver will be manipulated as long as Joe public are unaware of its true value. People are asleep and live pay cheque to pay cheque with the occasional treat. They see money in their hands and think the world is great. I talk to friends about crypto currency and it's like talking another language.!!!
Great interview with Greg Hunter.
Thank you for update. Interesting to see how this plays out. It is still a lot of pressure on tech. For me it seems money flows from tech to financials.
Hi Gregory, thanks for the analysis. You have not talked about the USDollar in this video. Last Thursday USD index gapped up and today it looks to me like it tried to cover the gap. Is this how you see it? Or do you think it did not cover and will need to do a better cover by eventually going lower.
Thanks for a very informative video. I guess we all have to be wary us to the market is going. We are in a turbulent times. Too much manipulation going on regarding gold/silver.
Hi, followed you for a long time on the Youtube. Many thanks for pointing us towards Steemit. Its the future of social media! Really enjoy your long chats with Dave on X22, will definitely support these channels as much as we can. Many thanks for the entertaining analysis and thoughts you present. Good luck in all your endeavors.
I was thinking of investing in tech stocks 3 weeks ago, lucky for me I didn't. I'm still stacking on precious metals but I can't believe how much the prices of Gold and Silver are suppressed. How long will this market manipulation last???
Just watched the Hunter interview. EXCELLENT work Greg!!! This is Monday evening, absolutely looks like they will collapse the economy. Wondering does anyone have a ratio they like in regards to AU, AG, and crypto's?
Thanks so much for this valuable information. I just started following you after your interview with Greg Hunter and I will follow your videos and post from now on. Great video !!!
This post has been ranked within the top 10 most undervalued posts in the second half of Jun 12. We estimate that this post is undervalued by $125.87 as compared to a scenario in which every voter had an equal say.
Also ^vix hit 9.37 on Friday and now in 11's. Friday/Monday sell off followed by a now almost 3% drop in Nasdaq exchange is meaningful. I always believed the Nasdaq needed to hit new highs (back in 2015) when I was selling BX positions at $41.00ish, and other holdings in an already heated, FED levitated market. Once the Nasdaq surpassed the 5140ish level established back in March 2000, I knew and know, a big correction is now just a matter of time. Thanks for another great video, Mr. Mannarino.
I started in the crypto's yesterday .... just a small kick off of $450.00 ... I woke up this morning to find I had lost $120 .... okay I bought high my fault but ive found it exciting.
I am standing at the ready to pounce as soon as we hear good news which will allow the value of gold to go up. Up until very recently i only spent time in cryptocurrency but looking to hedge the risk a little bit. I am looking towards real estate and also gold (and maybe later silver as well).
Gold is way better.... cryptocurrency i feel at the moment is a bit of a fad.... so many new ones popping up... gold and silver will always hold value.... as cryptocurrency only holds value when the people are interested in it... its just so cool to own bit coin :p
Yeah i know it will always hold intrinsic value, perhaps even more than crypto. But if you bought ethereum for 6 dollars last year it went times 35 in value. And gold does big give you that kind of numbers. As I am looking to hedge I will definitely put a solid amount in gold but to make the real big bucks if you are not rich already seems to be in crypto ATM in my opinion
Gold is always solid, but Bitcoin and Ethereum and some of the others could have a real future as an investment.
Gold is gold... its real.... bitcoin and others are just digital.... if everyone lost interest in bitcoin tomorrow it would be worthless.... but then again if the internet failed or couldnt gain access to your "wallet" it wouldnt do much good for you... i donno... gotta see what the future holds...
Thanks for the update
A friend of mine has been mentioning about silver for a long time.
I could go into a long winded explanation as to why bullion especially silver is going to lay flat for a long time indeed but all i will say is PERTH MINT.
People think J P Morgan is the big boogeyman but JP is small fry compared to the Perth mint. Its 60% government owned.
Perth Mint = Australian government = Commonwealth = Queen and her cronies the royal cabal. They are globalist and its the globalist agenda that is manipulating bullion. They want bullion to stay down and that's exactly what will happen. No and's no if's no but's 1 global currency that's the agenda and bullion has been sidelined (imprisoned) for that purpose . The global economic collapse will come directly after the new global currency system has be sufficiently distributed. Thats what the wealthy people will move their wealth in to..... not bullion
Can you think of a new currency system being implemented as we speak ? I can and so should you.
I would love to hear your explanation.
Bullion, especially silver is ,yes being suppressed, but when i see china hording it and silver at production cost, to me that's enough to say its worth having. something has to give, and even with me jumping on board with crypto, never forget what has been real money, and especially the industrial use of silver. Not sure what you mean about the new currency will be, but it looks to be here with crypto and maybe some form of government coin, I'm still thinking there's a reason for the hording and that's what they will back up the new coin with....just my thoughts, and at this point, honestly who knows? at least we are awake watching every move,
My view is that people need to hold both: PM, silver/gold in ratio of 20 to 1 for silver; ETH/BTC in ratio of 20 to 1 for ETH. Hold both for the long haul.
Bullion will always hold wealth so it's a good idea to hold some for sure ...like you say the long haul.
Hording ?..no they have to have something to cover the massive loses they will take when all the US'dollars they are holding go to zero. Bullion will not be backing anything but it will still hold wealth. The new currency will be totally backed by an illusion of wealth based upon greed.
I will be making one last video on bullion in a week or so.
That's what we have now, I mean the dollar isn't backed by anything but a promise to pay back a debt. ever since they took the US dollar off the gold standard, its plummeted to nothing, and these greedy bastards printing more out of thin air.
Nothing amazes me that you get a loan from a bank that gives you the money to buy a home with money they don't even own....but looking at crypto currency, its just what we the people want to believe in. people trading in useless dollars, taking the bankers out of the picture and distributing the wealth that they believe in, among themselves into a wealth of their own.
I still say gold and silver will play a major part...but yes the dollar is going to fall. i will look forward to your video.
Yep I agree....think of it like this ..If your going to pull the biggest scam in the history of man kind you sure don't want an honest man standing around showing everyone it's a scam.
Bullion is that honest man..fair waits and measures must be concealed at all costs to allow the scam to work. I don't think they will ever let that honest man speak again...bullion will remain imprisoned.
But what I think could be the fly in the ointment is the fact that the USGS has targeted silver to be the first element on the periodic table to effectively go extinct, at least in terms of its ready availability via conventional mining. Couple that with its massive industrial use base, and we're talking actual, practical, supply-side constriction that puts enormous pressure on price.
Gold is mostly a store of wealth, and the "barbarous relic" argument holds some sway among those not schooled in monetary history. If all the gold disappeared tomorrow, to many it would scarcely matter. But silver... now we're talking about how to go forward with the device and gadget industries, the solar industry, and a plethora of other modern cornerstones of our advancing tech world without ample supplies of the most electrically and thermally conductive, most reflective of all metals.
Metals are indeed the long play, and at my age I'm thinking it might well be the grandkids who reap the benefits of my stacking. For my own wealth-building, I'm increasingly betting on cryptos. But at these smacked-down prices, I'll continue to stack, you betcha.
As a hedge against inflation and store of wealth it's pretty hard to beat agreed.
As far as the laws of supply and demand go, the laws have become totally irrelevant to silver. If the laws had any relevance , silver would have been at least $200 an oz years ago. Bullion is the globalists pet hate. They can't kill it but they sure will punish the crap out of it for as long as it suits them and that as far as I can see is at least until the new global single currency system is in place.
we should copy and paste your comment and post it everythere... https://steemit.com/gold/@crowe/gold-verses-platinum-isn-t-it-interesting-that-the-u-s-mint-writes-gold-usd50-on-the-reverse-while-platinum-is-usd100
YES ..you should
Hey thehomesteadlife, please could you check my last post please let me know if im on the right coin (not asking you to follow or vote) thanks.
Yep ill have a look cheers
Are you suggesting Cryptos are a "new currency system being implemented as we speak"? or something else? Thanks for sharing info on Perth Mint metals markets Manipulation - great tip.
I think at a minimum cryptos are a beta test....Imagine if a major bank decided to release a crypto.. do you think it would catch on ? All they would need to do is say..bring in your worthless dollars and we will replace them with "real" money or "usable " money and do it fast because this offer wont last. Do you think the greed driven fools the would is full of would go for that...lol..I do. ; )
Cryptos as a beta "pilot program" for globalist/central bankers and consolidation of other fiat currencies... now that's a theory that piques my interest... thanks for your comment. I would not be surprised - investment banks & mainstream financial powerbrokers have admitted they are mining & investing in cryptos now. The times are changing, but who is really in control? Hmmmm
The same people that have always been in control no changes there
Thank you! Also, awesome interview with Greg Hunter. I watched it yesterday. I 100% agree with you on "everything being fake" and that we all need to be "aware" of what is really going on out there so that we can be on top of the game.
Thanks for the update! Some of these big tickers are starting to form hammers. Let's see how this plays out. Always wait for that confirmation.
Thanx... upvoted and re-steemed!!!
Awesome video my friend. I have a feeling it's going to be an interesting few weeks ahead in the markets. Thanks "Greg The Lion Mannarino"!
You are the one who I followed here to Steemit. Thanks for that, and for your informative posts!
Great tips and point noted. Thanks for sharing and keep it up
Another great video Greg as expected, keep up the great work. Cheers
Thanks for all the useful news you send to us Greg. Upvoted, resteemed.
Silver is getting the whac-o-mole today!
I follow gold and silver prices daily using the Gold Live Prices app on my phone. I've been watching and buying in limited quantities for 3 1/2 yrs and seeing YouTube vids literally daily saying 'silver is about to skyrocket. I can say it has only varied from like $23.50 down to $13.50 in that timeframe and now is just piddlin' around in the middle. Pretty frustrating !
I think the price in silver is is being influenced by bitcoin/digital currency prices. As Greg has stated you had suppression of silver prices by JPM and others too. The case against JPM was dismissed in February. I picked up silver with others in a huge purchase in $14's in late fall of 2015 when it was best value (equities, bonds, commodities, etc.) of them all. Maybe pick up some at these levels if/when it touches the levels again? I'm waiting for $11's before I would buy more. However, this could be be the "new lows" ($15's/$16's per ounce) for silver for the next few years? take care lanceman
Liked the video with Greg Hunter! Going in!
The market is smelling something ugly. I do not know what it is but I will continue to stack the silver and steem. YOU ROCK GREG!!!!!!
Civil War in the USA is a guarentee.
Thanks Gregory, I always keep an eye out for you on USA Watchdog.com. Excellent advice and good old fashioned common sense!! Keep up the good work and thanks from the UK.
I look forward to listening to these videos tonight.
I had a busy day yesterday and actually fell asleep listening to the Greg Hunter interview so will try again tonight!!
Take it you don't count sheep to fall asleep. You just listen to the two Greg's instead. That's great. Thankyou for sharing. You made me smile.
Lol! Yeah maybe I shouldn't have shared that. Sorry Greg!!!!
Waiting to see if this is the last shakeout for gold/slver. Thanks for the post!
As per your Steemit name....Its a long shot!!!
Heh-heh... You found me out.
Nice report, followed and upvoted.
Gold and silver have extremely different uses, as anyone who has ever tried to move a bunch of the latter has probably noticed first-hand. Is your reasoning for a roughly 10:1 price ratio based on historic mean reversion or other ideas?
Thanks!
I do love that silver 🙌🏼🙌🏼🙌🏼
I'm very jealous of all those little pics /emoji thingys that you brandish!!!
I give your permission to use wholes also haha 😂😂😂
I've been listining to Greg & Gregory, for years. They explain things, in 30 minutes, that takes me 30 days to explain.
Excellent video!! For people holding on to actual gold and silver, is it ever going to be where it should be?
Yet another great video I would just like to bring up the $ 6000 gold and $600 silver does that mean you think the gold silver ratio will one day drop to about 10:1 cheers Greg
Am I surprised, stock prices are falling? Not a bit. In fact, I am surprised, how could prices get so high at all! And yes, gold and silver are VERY undervalued. I just hope, someday they will not be manipulated any more
whats this, like "Three" videos" over the weekend? that in itself is rare Greg!
Looks like this is happening now, zombies beware, the sirens have been blasting, warning signs everywhere, its not to late but time is running out at a rapid pace. Etherium is still available relatively cheap. Bitcoin, well you can get some bits of a bitcoin, BUT Silver is still free!!! 20.00 a ounce...last call.... upsteemed
Hey Greg, I'm a long time follower of your work. Thanks to your advice, I just joined Steemit. I'll be looking for your next post.
Gold and silver will be manipulated as long as Joe public are unaware of its true value. People are asleep and live pay cheque to pay cheque with the occasional treat. They see money in their hands and think the world is great. I talk to friends about crypto currency and it's like talking another language.!!!
Great interview with Greg Hunter.
I admire your responsibility. (Ability to respond)
Thanks!
Wow. A Friday, Monday continuation. Yes that is what we have so far. Thanks for your information Greg.
Thank you for update. Interesting to see how this plays out. It is still a lot of pressure on tech. For me it seems money flows from tech to financials.
Hi Gregory, thanks for the analysis. You have not talked about the USDollar in this video. Last Thursday USD index gapped up and today it looks to me like it tried to cover the gap. Is this how you see it? Or do you think it did not cover and will need to do a better cover by eventually going lower.
Thanks for a very informative video. I guess we all have to be wary us to the market is going. We are in a turbulent times. Too much manipulation going on regarding gold/silver.
Hi, followed you for a long time on the Youtube. Many thanks for pointing us towards Steemit. Its the future of social media! Really enjoy your long chats with Dave on X22, will definitely support these channels as much as we can. Many thanks for the entertaining analysis and thoughts you present. Good luck in all your endeavors.
Greg, great video. Looking forward to following your videos. I write a weekly musing for traders on Wednesday's. Upvoted, resteemed and following..
I was thinking of investing in tech stocks 3 weeks ago, lucky for me I didn't. I'm still stacking on precious metals but I can't believe how much the prices of Gold and Silver are suppressed. How long will this market manipulation last???
Great video, as always!!!
Thanks for keeping us informed Brother Greg - watch out for Fukushima residue hitting the west coast also, not pleasurable
Keeping the Pride informed on the meat of the situation. :C)
Great video. It looks like the club is slamming down gold and silver prices.
I love your videos Greg! Keep up the good work
Just watched the Hunter interview. EXCELLENT work Greg!!! This is Monday evening, absolutely looks like they will collapse the economy. Wondering does anyone have a ratio they like in regards to AU, AG, and crypto's?
Thanks so much for this valuable information. I just started following you after your interview with Greg Hunter and I will follow your videos and post from now on. Great video !!!
It is the end of the Day and bitcoin is crashing along with the drop in Tech
Thank you!
This post has been ranked within the top 10 most undervalued posts in the second half of Jun 12. We estimate that this post is undervalued by $125.87 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Jun 12 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
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Also ^vix hit 9.37 on Friday and now in 11's. Friday/Monday sell off followed by a now almost 3% drop in Nasdaq exchange is meaningful. I always believed the Nasdaq needed to hit new highs (back in 2015) when I was selling BX positions at $41.00ish, and other holdings in an already heated, FED levitated market. Once the Nasdaq surpassed the 5140ish level established back in March 2000, I knew and know, a big correction is now just a matter of time. Thanks for another great video, Mr. Mannarino.
I started in the crypto's yesterday .... just a small kick off of $450.00 ... I woke up this morning to find I had lost $120 .... okay I bought high my fault but ive found it exciting.