Gold Prices Will SHOCK Everyone In 2024!! (Here's Why)

[nicolasbenson]

Gold looks like it's going big this year. I really want to profit from it this year. I have about $40k I want to invest. My brain doesn't do very well in understanding these things. How do I go about it?

[Patriciabanks]

People choose to buy gold for various reasons, such as it’s historical role as a store of value and medium of exchange, it’s potential as a hedge against inflation or currency devaluation, and it’s relative scarcity compared to other commodities. Gold also offers diversification benefits to investment portfolio due to its low correlation with stocks and bonds. However, investing in gold carries risks and may not be suitable for everyone. Investors should carefully evaluate their objectives, risk tolerance and financial situation before deciding.

[kortyEdna]

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

[PatrickLloyd-]

It’s always a good option to keep some gold. Well with the current market situation and everything at stake with the present economy, I’d say you’re better off staying away from stocks

[mikey]

It’s always a good option to keep some gold. Well with the current market situation and everything at stake with the present economy, I’d say you’re better off staying away from stocks fr awhile or better still reach out to an adviser for guidance.

[DavidCovington-stid]

At this moment, it is crucial for individuals to prioritize investing in alternative streams of income that are not reliant on the government, particularly with the existing worldwide economic crisis. Investing in stocks, gold, silver, and digital currencies can still be profitable during this period. Therefore, it is advisable to explore these investment options to secure one's financial future.

[IAMBETTERTHANYYOU]

I think I'll be investing more in gold mining stocks and other stocks going forward. The fact that stocks offer potential for growth, dividend income, and liquidity makes it more appealing. I am keeping my bullion still, but curious on where else to spread $400k for long term returns.

[KellyRolls]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.

[youflatscreentube]

Gold and silver are two of the most manipulated commodities in the world (evidenced by the massive fines dispensed to JP Morgan and others). So, to consider the effect on pricing without identifying the manipulation is not reasonable. They “change” the pricing to arbitrage between different assets in the “off season” and then it does its job as a long term preservative of wealth. I appreciate George’s honesty on this one!

[avilakamionctr]

In the face of a swiftly changing and unpredictable economic environment, possibly on the cusp of significant shifts, it's increasingly important to diversify your investment portfolio. Venturing into physical assets such as gold and silver, as well as engaging with more dynamic options like cryptocurrencies, can provide a strategic defense against inflation and economic turbulence. This strategy highlights the necessity of staying informed and proactive, combining classic and modern investment methods to foster financial robustness during uncertain periods. My own experience is a testament to this approach: by adopting Cheryl Atonal’s trading strategies, I have successfully gathered 26 bitcoins in just a two-month timeframe, which is a strong endorsement of her proficiency in this field.

[Liberty-tnrs]

George ; I believe the gold market is manipulated, yet all the major banks have loaded up on gold & silver.

[catfeline]

Gold isn't really a hedge against inflation, although it can be protection from it. What it really represents is trust, or lack thereof, in the political system and elites. If you think the system is going to be highly corrupt, and people are going to be treated by garbage by elites and politicians, abused, have their rights attacked, then gold is a sure bet.

[Varsha-Dristi]

Been stacking a lot of SYN24R and cash after DCAing a bit this year. Will buy more at least around the November December lows and below

[GreatestAudioBooks]

According to reports, Central Banks of the world have been buying gold at record rates. Unlike US treasuries, gold has zero counterparty risk. This could be the ‘why?’

[TemplarYogi]

Gold will have the best years ever starting 2024 !

[TheFunkybert]

Why would we NOT follow what the central banks are doing and buy more gold if and when they do?

[alleneverhart]

So basically, you're saying the price of gold will fluctuate!? Genius, George, genius! (Can I get my 13 min and 51 seconds back?)

[yongsukmccarthy]

I have been buying gold and silver!!! They will be up and down, but continuously going high…..

[richhands]

My three favorite channels: George Gammon, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥

[Shukti-Dipali]

institutional buying into SYN24R could totally break the cycle and the peak expectation of end of 2025 will likely spectacularly fail to appear. If the last double peak was odd, the next one will catch most people out again.