| ◆ Yes is the short answer. ◆ Given the scale of the crisis, gold at $5,000 could happen sooner than most expect and it is only a matter of time (see table below). ◆ It is not the Covid-19 panic that will push prices higher. An economic, financial and monetary crisis was inevitable anyway. The pandemic is accelerating and exacerbating this inevitable crisis. ◆ Gold is outperforming other assets and has delivered a 12% dollar return in 2020 year to date. Gold has seen even greater returns in other currencies and is 15% higher in euros and 19% higher in pounds year to date (access YTD 2020 Performance Table - https://finviz.com/futures_performance.ashx?v=17 ) ◆ Gold fell for a few days after the Lehman collapse but ended 2008 higher by 5.6% and it continued its gains in 2009, 2010 and in the sovereign debt crisis of 2011 and 2012 ◆ We are witnessing "helicopter money" and currency debasement on a scale never seen before in history which will see dollars, euros, pounds and all currencies devalue versus gold ◆ Be well and All the best from Stephen, Mark and the https://www.goldcore.com/ Team ! |
GoldCore.com was founded in 2003 and has become one of the leading bullion brokers in the world for both delivery and storage.
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16 comments
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John Callan
2020-04-09 at 11:46 (UTC 2) Link to this comment
Mark O’Bryne on; I can immediately press ‘Like’, and then listen
Jefferson Humber
2020-04-09 at 11:57 (UTC 2) Link to this comment
Great video, stay safe Gents
sctpc
2020-04-09 at 12:31 (UTC 2) Link to this comment
id be a millionaire if it did that, CRAZY to think it would be worth that.
Stephen Flood
2020-04-09 at 15:19 (UTC 2) Link to this comment
Intellectually you are likely there already.
C Joe
2020-04-17 at 20:45 (UTC 2) Link to this comment
It's just a dream in other words.
Professor Moriarty
2020-04-09 at 15:02 (UTC 2) Link to this comment
Probably your most enjoyable video yet. Really good points made.
If you don't hold it you don't own it. Digital Gold and derivatives etc. aided by the Crimex and LBMA are making it too easy for the Banksters to hammer the price down and keep it artificially low. If Gold and Silver takes off then its a sure sign all faith and confidence is lost and Government/Central Banksters are desperate to not let that happen. The knock-on affects would simply bankrupt nations. There is so much manipulation going on its criminal.
Stephen Flood
2020-04-09 at 15:18 (UTC 2) Link to this comment
Thank you very much – a bird in the hand… so to speak. We see some digital gold providers pricing gold spreads greater than $50!!!
Mark O'Byrne
2020-04-09 at 15:16 (UTC 2) Link to this comment
Thank you for all your comments folks. Please like and share and hit the bell button folks.
Keep calm and carry on preparing.
We got this!
John Burket
2020-04-09 at 15:41 (UTC 2) Link to this comment
Treasuries are "risk-off" assets? That's a good laugh.
Daniel Canna
2020-04-09 at 23:54 (UTC 2) Link to this comment
Good info, thank you gentleman.
Andy Flaherty
2020-04-10 at 15:30 (UTC 2) Link to this comment
I think physical gold will be unavailable by the end of this year, and because this might happen, I think that scarcity of gold will be the reason to make btc prices go up.
Great show, Goldcore, thanks.
Andy Flaherty
2020-04-10 at 15:38 (UTC 2) Link to this comment
I would just like to add, I think the information you are sharing here is excellent and I agree.
Stephan Flood, spot on.
GoldCore
2020-04-18 at 21:33 (UTC 2) Link to this comment
Thank you Andrew
C Joe
2020-04-17 at 20:44 (UTC 2) Link to this comment
I happen to find a video on PM's prices from 10 years ago….and guess what….
The script is EXACTLY the same as this one! It's a matter of WHEN???
ha ha.
Gerard Waters
2020-04-23 at 07:59 (UTC 2) Link to this comment
Digital gold and currency is similar to magician's tricks , now you see it now you don't and the coin is produced out of your ear ,a virtual illusion depending on altered perception with an easily understood mathematical block chain explanation if you are sufficiently intelligent to understand it. The king has a new set of cloths and you are too dim to see them. Give me a chunk of metal any day .
GoldCore
2020-04-23 at 08:23 (UTC 2) Link to this comment
Well said Gerry. The masses will be seeing that lots of Emperors are not warning any clothes …