| Stay informed with the latest 2024 #GoldMarket Update in this video. Learn about the key factors affecting the price of gold and what you need to know to make informed decisions regarding your #investments. Whether you're a seasoned investor or new to the world of #goldtrading, this update will provide valuable insights to help you navigate the market. Watch now to stay ahead of the game! Headlines we discuss: Fortune - ‘Phantom debt’ from ‘buy now, pay later’ schemes is a $700 billion black hole that economists aren’t accounting for - May 8, 2024 ZeroHedge - The US consumer in one chart: credit card debt record high, personal savings rate record low via Twitter - May 7 2024 Fortune - Billionaire real estate investor Barry Sternlicht says he expects at least one bank failure per week due to real estate loans: ‘That’s a fragile animal right now’ - May 8, 2024 The Financial Times - Collective amnesia on money supply hit BoE inflation response, says Mervyn King - May 2, 2024 The New York Times - China Is Buying Gold Like There’s No Tomorrow - May 5, 2024 CNBC News - Gold bars are selling like hot cakes in Korea’s convenience stores and vending machines - May 7, 2024 CBS News - U.K. Supreme Court makes ruling over $43 million in treasure from World War II ship sunk by Japanese torpedoes - May 8, 2024 If you're looking to buy gold or silver coins or bars, GoldCore currently has good stocks available visit the following website to learn more: US & ROTW - https://www.GoldCore.com UK - https://www.GoldCore.co.uk Ireland - https://www.GoldCore.ie _________________________________________________________________ GoldCore TV is the home of precious metals market information. Our channel features news, interviews, and podcasts with prominent industry figures to help people make informed investment decisions. Subscribe to our channel to stay up to date on the latest precious metals news and views. Follow us on social media: Facebook - https://www.facebook.com/GoldCore Twitter - https://twitter.com/GoldCore Disclaimer: Videos published are not investment advice and the views expressed may not reflect those of GoldCore Ltd. |
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Gareth also gives his perspective on the wider US market, what the US consumer is telling us and what this means for gold. Will we see the Fed print again? Is that what the market wants?
#Gold and #silver, both are precious metals and both have a role to play in your portfolio.
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With the US debt climbing $1 trillion every 100 days there is no way this is going away.
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The #gold price recently experienced its most significant intraday loss in nearly two years, prompting questions about its trajectory and its status as an investment. In this video, we delve into the reasons behind the drop and whether gold remains a viable investment option.
Despite the recent pullback, we maintain our bullish outlook on gold. Pullbacks are a natural part of a long-term uptrend, and historical patterns suggest that gold may still reach new highs this year. The fundamentals supporting gold, such as #inflation and #geopoliticaltensions, remain intact.
The current decline in gold prices can be attributed to profit-taking by futures traders and some market uncertainty. However, this should not overshadow the broader bullish trends in the gold market.
Factors such as
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