Gold Surges To All-Time Highs (Everything You Need to Know)

Gold jumped to another record high at the same time stocks are back closing in on theirs. Only two weeks after global financial chaos that has everyone wondering where things are heading, the implications of each could not be more different. So, where does everything else stack up? Is it just gold vs equities?

Eurodollar University's Money & Macro Analysis

Reuters Gold extends record rally on dollar weakness, rate-cut bets

Bloomberg S&P 500’s Furious ‘Momentum Rally’ Takes a Break: Markets Wrap

CNBC U.S. crude oil falls nearly 3% as U.S. pushes for Gaza cease-fire, China demand weighs on market

Bloomberg Diesel Demand Hits 26-Year Seasonal Low in US on Slowing Economy

[Olivia-zc]

Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions

[PaigeStone-pe]

People try to predict the economy not realizing it is central planned, not a capital market. Instead of having much cash sitting in the bank that could lose value to inflation. I've been pondering, should I invest in stocks or just buy gold to safeguard and grow my $350k reserve?

[leebeidelman]

Gold high. Stocks high. Crypto high. Home prices high. Where is all of this money coming from? The debt bubble is bigger than 2008! No choice. It’s time to kick the can down the road again. 😢

[matriximaster]

I have never seen a market crash that didn't crash gold.

[norminator]

Nice scenario for metals, but I see it playing out a little different, first of all I think that central banks and countries are waiting for one big event to happen and that would be a worldwide crash in banks and the stock markets where everything goes down in price including gold and silver and I also predict that this events will happen after the next US federal election which is slated for Nov 5/ 2024. I also see Gold hitting a bottom of 1500.00 and silver to go down to 15.00 per oz. When this happens It remains to be seen if bitcoin will succeed. If a central bank of one of the major economies decides to start accumulating bitcoin, then I think that will be a major inflection point...I've engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....At the heart of this evolution is Sandy Barclays, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment.

[jackgoldman]

Gasoline was two silver dimes in 1950's and is STILL two silver dimes in 2024 for one gallon of gasoline. ZERO change in eighty years. Wow.

[Lawliet]

I don't really understand what Jeff says; all I hear on this channel are falling prices, demand destruction, disinflation, and deflation.

[jackblack]

What a bs, gold was 1500$ when interedt rates were 0%, now interest rates are 5% and gold is 2000$. Interest rates are going to 0 again and gold will go to 8k$.

[wagashiohagi]

Congrats Jeff! You were finally man enough to make an "I was wrong about Inflation, Gold, Bonds, Oil, The Market, Recession, Interest Rates etc" video!

You're only about four years and sixty percent late, but I'm sure your audience respects your candor. Hopefully none of them pay you two grand a year for your "deep dive analysis"; you can fund your own losses!

[jayperez]

From £10, 000 to £48, 000 that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.

[JSniderDebunkedgoldspansubstak]

Jeff "Don't pay me any attention" Snider. Debunked.

[jimwolfe]

CONGRATS. On 100K !!...Thank you, Jeff for All the Great Content and Intel !!

[andrewnovak]

The opportunity costs don't really factor in with central banks. Being at the nexus of the magic money machine it makes a lot of sense to turn as much fugazee into gold as you can...

[justinsweet]

Congrats on 100k Jeff. Thanks for everything. Well deserved

[soo]

Thanks Jeff, I really appreciate your daily insight.

[martinellis]

November, after the US election, will be a month of despair and gnashing of teeth...

[lawLess-fsqx]

toll brothers beat and raised guidance.Doesn't look like they believe the recession narrative.

[porsh]

You are missing 90% of the picture here. You first need to understand what is happening since 2000, when the gold bull began.

US buyers now are speculators mostly, while the real buyeres who make gold market a bull market are abroad. Folks around the world, countries, CB's. Its all part of dedolarization. Thats 1 piece of the puzzle. Next one is obviously inflation and M2 supply growing as crazy.

So these short term rates stuff and flight to safety is just smoke and mirrors.

[Maguraj]

I think Rubin said it correctly in the 90's "It the economy stupid". I'm with you on this Jeff

[misterbacon]

Congratulations with your 100k subscribers!
Greetings from a subscriber since you had around 10k.👍