Boom! Crash! Bigger Boom! Coming Volatility In The Gold & Silver Bull Market

Check out Summit Metals for all of your Gold & Silver needs:

In this video:
- I discuss the US Federal Reserve's changing stance on monetary policy and how it will impact gold, silver, stocks, and the US Dollar.
- I show you all my revised price targets for 2024 and how I think metals may react when the stock market crashes before they zoom off to make new highs!
- I reveal how my Gold & Silver purchasing strategy has changed as a result of some recent news stories.
- I answer a viewer question on the topic of risks associated with Central Bank gold selling (if that happens and what the likelihood of that happening is).

Be sure to watch to the very end because it is full of useful information.
None of this advice - I am not a financial advisor - this is educational material!

LINKS TO DATA SOURCES BELOW:

CNBC Fed Story:

US CPI Trading Economics:

US Unemployment Trading Economics:

DXY TradingView:

DXY vs. Gold Price Chart:

S&P 500 Data:

Inflation Calculator Link:

Gold Demand:

Poland Gold Story:

M2 Money Supply:

Fed Funds Rate:

#silver #gold #silverprice

[baldguymoneyofficial]

It's only $14.99 a month (10% discount for full year subscribers)!

And look out for a major channel announcement next week!!

[TheDuke]

Rate cuts will boost gold and silver prices as investors seek safe-haven assets.

[isgold]

Good analysis again. 20% crash in gold price is far more feasible than the 43% crash in gold price I modeled after the 2012-2015 drop. My main point was that even if we see a price crash, the longer term story has always been growth. We see ups/downs presented as violent shifts in trend when it’s simple volatility. Cheers!

[goofygoober]

Best Precious Metal Information on the Internet. I always make an effort to watch every video live.

[janetmalcolm]

I am into silver for jewelry-making. The precious metal has gotten around 20~30% more expensive in April, 2024. It's almost impossible to have a rollback in prices. With people grabbing on the much-sought after hand-carved or antique blackened Chinese silver, there is only a limited supply left.
Silver in jewerly will not get any cheaper. Unlike gold, the beautiful art pieces are not likely going to be melted or recycled. Furthermore, there is apparently a lower supply of silver than gold. With the computer industry's high demand for silver, the commodity will not lose its value in the long run.

[ctgn]

between the coming interest rate drop, dismal economic projections, and upcoming US elections, i'm SURE it's going to be a VERY interesting time for PM's!!! HOLD ON everyone!!

[StackItToTheRafters]

When it rockets up, don't let the bull buck you off. Diamond hands--

[korbekleeninc.]

good show. I'm thinking gold could go to $2900 to $3000 in the next two months. Because gold ran up $400 an ounce in 2007 when fed cut rates. Then pull back to around $2500 when the market sells off? Then up to around $6000 in the two years after that. We shall see.

[johnmknox]

Gold is set to rise significantly, potentially reaching $3000. Silver, too, is on an upward trajectory and could hit $50, though this may not happen until 2025. I anticipate a major market crash in 2025, likely more severe than the Global Financial Crisis but not as dire as the Great Depression. In this scenario, I'm considering a potential 50% drop in silver and a 33% drop in gold, similar to the mid-cycle corrections seen in 2008.

Therefore, silver might reach $50 before falling to around $25, or even $22. Gold could climb to $3000 and then drop back to about $2000, possibly around $2167. Following this correction, expect both gold and silver to surge dramatically. I foresee gold reaching $4000 and silver potentially hitting $80.

The market crash could happen a lot sooner than we think. They have the ability to kick the can down the road if they want or bring things to ahead a lot quicker which has a lot to do with politics.

[Godsheartoflove]

I wish I would have bought four months ago

[luisgarciab]

Never have central banks and countries bought so much Gold. I do not believe that Gold will drop as much as you predict.

[dfaval]

Bald Guy - you are amazing and I want to subscribe, but at 77, I need some Econ 101 to keep up with you!
OK, I have seen all the videos claiming Silver is going to $50/oz, 100/oz, 300/oz and more... just ask Bob Kiyosaki! Gold is going to go through the roof too! So let me ask a question that no one seems to have a definitive answer; What do we do with our silver and/or gold if it takes off and reaches these values? Take it to a coin shop? Nope, the coin shops will likely shut their doors with all the people wanting to "cash-in". Banks? Can we use the Gold or Silver to pay off our homes? Nope. Grocery or department stores? Nope - as an oz. will most likely be too high for them to deal with and SHTF hasn't hit us just yet!. So, could someone please tell me how we benefit from Gold and Silver going to "the Moon" in value? BTW, if we do have a totally SHTF, I do have small amounts of Silver to handle small transaction... just asking about the supposed Big Event! Please explain somebody... why are we spending so much on precious metals? ... how do we use them to protect our "wealth" as it's advertised by the big Gold/Silver companies! Just askin!!

[christophermccormick]

Bald Guy Money Patreon channel has been like an insider’s view of the market trends for me.
The resource has proven to be invaluable.
Cheers

[SupplementalDinner-zsnp]

Great video (what else is new?). I like the way you reference Gareth Soloway, not to mention credit him with the "scene of the crime" phraseology. This is all very helpful as I plan ahead, both short and long term.

[silverliner]

That's weird my good morning, good afternoon, or goodnight didn't post. I'm in the Philippines so it's Sunday night here

[Catman]

I’m sticking with David Hunter’s view : gold-$3000, silver $75. by year end or 1st qtr’25. $20, 000 gold, $500 silver by 2030.

[DoctorBillTheRadioMan]

$22 an ounce sounds good to me. Buy The Dips If You Can.

[boca]

Another great video. I am a little more pessimistic about these clowns running the economy. The ONLY solution in my mind is to STOP the debt clock however painful that may be.

[viperx]

I find myself not caring about the price of gold or silver. I watch channels like yours for enjoyment and educational purposes but I often wonder how venerable of a position people leave themselves when they're stressing out over every dip. These are hard assets they're not going to stay down forever its just a matter of patience.

[manyhobbies]

I’m a big fan of US pre-33 gold right now. Premiums are way down and it’s cool on multiple levels. I wish I could afford more of it.