Gold Won't Go Much Lower: World Gold Council CEO

merry xmas to the crooks at the LBMA.

So, have you ever wondered how someone convinced people that gold was super valuable. Like back in the day before electricity was harnessed and it could be used as an electrical conductor. Crops can be eaten or used to make clothing, medicine and shelter while cows and other livestock can be eaten and used to make clothing. All of these are necessary for survival and yet someone convinced people that a useless lump of soft yellow metal was far more valuable than any of the above examples. When In reality you could die from dehydration or starvation while sitting on an entire mountain of gold.

LMAO the world gold council CEO predicts that gold will go up.. what a shock! this is yet another massive fraud.

Vxk hwkxx rokan rokan rokan rokan Okan ein Vater rokan

I love gold

I FEEL LIKE THE HOLE SEASON IS OVER, I'M TRYING TO GET INTO TRADING AS A ROOKIE, BUT I'VE HAD SO MUCH LOSS TRYING TO TRADE ON MY OWN, PLEASE WHAT STRATEGIES DO I NEED TO EARN PROFITS FROM THE MARKETp

If anyone has a gold detector, talk to me, I have a treasure, but I need a device

Gold!!

What

I keep on getting $380,000 every week from a new trading platform in town

Yu-Gi-Oh! Gold wieght card game trading

I see steady growth over the next 1-2 years, with sporadic spikes in 2024-2025. It's safe to say by 2030 gold will be roughly around the $3,000 mark +- 10%. There are a number of factors that can influence gold prices post 2030. The $5,000+ mark is possible any time if there is a plague/world conflict/covid-2. My advice: maintain at least 30% as gold bricks in your portfolio and forget about it for the next 7-8 years.

I take a contrarian view than the commentator on gold regarding the tradability of it. I think that's part of the problem, all the derivatives. Thousands of tons of "gold" trade everyday....in 2 or 3 days the entire global production of gold is traded! If gold traded legitimately, meaning only people that have the real intention to buy and sell PHYSICAL gold, the price would be much higher.

Marcos gold coming soon......

There is plenty of demand for gold people r stockpiling it now more than ever its conteoled and manipulated by the bankers and central banks

The guy os a total fruad I'm time of uncertainty gold goes up he claims that's it dragging down he's a total fraud

Gold is so manipulated shid of been at 3.5k

Buy gold now
It's in a wyckoff accumulation and just completed the spring. Good luck to all

Gold will hit its lowest when dollar hit its highest. Once people lives through the winter and realise they’re in economic trouble gold will go up . Bye the way the guy talking is a lézard

Gold clearly isn't a great inflation hedge anymore, based on the data on the chart not some opinion.

This is just my opinion and it's free. If you pay for advise it should be better. You gotta love all these experts. In my opinion they just want you to trade (fees). Nobody predicted why gold fell the last few months while inflation surged and the Fed raised rates. in my feeble opinion the strong dollar trumped everything. But hey even though they don't know why it went down he's pretty sure it's near the bottom. OK ya'll go all in now. LOL It's amazing (BUY AND HOLD) guys Buffet, Munger, Bogle and Lynch all did pretty good - but hey time it - and trade away.

OPPORTUNITY!!GOLD CURRENTLY UNDERVALUED 💰💰WARS/INFLATION/RISKS SHOULD HAVE GOLD AT CURRENT LEVEL $$2550💰💰

GOLD CURRENTLY UNDERVALUED 💰💰WARS/INFLATION/RISKS SHOULD HAVE GOLD AT CURRENT LEVEL $$2550💰💰

Nice video here, With the way the market is moving, we'll mostly hold for longer than 2030 to realize profit gain, I think a video on "How to profit from the present market" will be more effective, I mean I've heard of people making upto 250K within few months and I'd like to know how 🙄🙄

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Rubbish can explain what happened to Gold price in 2011 was $1922, 2015 drop to $1045 and 2022 now at $1624 for 11 years why still below the price of $1922? 2011 if you invest in stock or others you have double or triple your money except Gold, careful when they say Gold price go higher most of the time is opposite way

I'm a believer but I wonder how much even the Gold, was over inflated in recent years..
Will everything just land at lower prices and stay there for many years?
If so, maybe Gold will fall less overall, making it a winner by that measure.

Be patient. Its too early now because gold is going to go lower, but then it will do a “Crazy Ivan” like oil did when it went negative and made sharp u-turn.

Gold is heading to 1550$ in next 3 months - with the US monetary policy, the Fed's outlook is of hiking interest rates upto 4.5% - 4.75% before they start pulling back. While these US interest rates hike and start cooling off sometime later in 2023, in meantime dollar index is getting stronger by the day with ROW currencies weakening. With weaker ROW currencies, gold is expensive for everyone in the world expect for the 330 million Americans, so Gold demand is gonna fall until the dollar starts softening in 2023 when Fed starts reversing the interest rate hikes.

Yea digitize every damn thing in the world... so you can see your "digital" asset on your mobile screens go up and down... I'd prefer the real thing.. Stop crypto'ing everything..

A good time to buy GOLD!

Buy Buy Buy😂😂😂

Fact: It will.

Ask the big 4 banks to stop the paper manipulation of PM and you’ll soon find out the answers to that question

Sell

Pet rock CEO says next year will be record sales

Gen-z A: "what's gold for ?"
Gen-z B: "it's like bitcoin to baby boomers"

every time gold price fall, I saw a lot of queues of people wanting to buy gold bars in jewellery shops. So yeah, I believe gold price won't fall much lower or longer. I prefer gold to dollars anyway. It has last longer than any currency and in uncertain time like this, where dollar could be gone any day, holding gold is the safest option. The muslims trust gold more than anything, the Chinese trust gold more than any currencies, the Indians trust gold as the safe haven. That is more than 3 billion people who put their trust on gold.

So many bad things happening, Prayers

I think $1500 is open here. Strong dollar means lower commodity prices. Dollar has to come off.

they also said oil was going to $200 :D

It's mean gold more lower than no one imagine loo

Don't believe this clown, interest rates will push gold even lower

The CEO is hinting at a gold backed crypto - which has been tried in a number of places.

Once all crypto goes to zero gold will start shining

Gold is no linger seen as a hedge against inflation even though it still works as one. What people look at gold as now is a final stop. When/if everything crashes people have gold in mind for then, to survive.