It can be said that some structural changes are taking place in the gold market.
Last week, the Dutch Central Bank confirmed that
The bank has moved 86 tons of gold.
Leave North America, both from the United States and Canada.
To store them in Europe
Earlier this year, France carried out a similar action.
All of the gold reserves have been moved out of the United States.
To keep them stored in their own country
Germany is also carrying out operations in a similar manner.
A few years ago
The German Central Bank has moved 111 tons of gold.
Stored in New York, it has been returned to its home country.
All of this is occurring simultaneously with central banks around the world purchasing gold at record-high levels unprecedented in history.
Of course, we have previously presented stories about central banks in various countries purchasing gold.
Countries such as China, Russia, and India have already appeared in several previous episodes.
But it seems that central banks of other countries are also purchasing gold in significant amounts.
It has also reached record highs in recent years.
Poland, Uzbekistan, Hungary, Kazakhstan
as well as central banks in several other small countries
They all rushed to buy this type of precious metal.
The ensuing question is
What exactly are these central bank officials seeing?
Thus, they continued to steadily increase their gold purchases.
Purchase volumes reached new peaks almost every month.
To gain a better overall understanding of what is happening behind the scenes in this market.
I've had the opportunity to talk with you, Makay Blog.
From the American Hartford Gold
To hear perspectives directly from those within this industry.
And continuously monitor all developments and movements.
But for the sake of transparency, I would like to inform you that
American Hartford Gold has been a consistent supporter of this channel.
And he has also been my personal gold supplier for as long as five years.
Last year, I came to listen as well. Thank you very much. Mr. Makai, thank you for joining us today. I'd like to begin by asking for an overview of the gold market, particularly with regard to
especially from your perspective, being directly involved in this field
And you probably have a better sense of the market's movements than I do.
They are merely occasional gold buyers.
The first question I'd like to ask is how you would describe the current overview of the gold market?
How should it be explained to the general public?
Especially after prices surged in April
And currently, the price is moving sideways around the level of 4,000–4,400.
How would you define the gold market?
If by chance you end up in the elevator with someone
And there was only a few minutes left.
Yes, it's a very good question.
We are currently at around 4,000 to the middle range.
I believe the overall situation is
Highly conducive to upward price adjustment
Because if we look at the numbers alone
Last year, gold prices rose by as much as 64 percent.
The price of silver soared by approximately 142%.
Part of the base adjustment we are currently seeing
It's just a normal base adjustment.
During the strong upward phase of the market
You will see a forward movement of 29.
Back up 19
And there was a consolidation phase before the market resumed its upward movement.
Thus, we have witnessed the usual adjustments taking place at the beginning of this year.
Then, a conflict situation arose in Iran.
leading to additional selling pressure on risky assets
The prices of gold and silver both declined accordingly.
What we are currently experiencing is a market bottoming out.
This thus presents a good opportunity for investors.
to invest in gold and silver
At a price level lower than the one previously set at the beginning of the year
If they felt they had missed the upward phase at that moment
The current situation is a pivotal moment.
That provides them with the opportunity to come in and invest.
Let me ask for your opinion, please.
Because I remember that when the Russia-Ukraine war erupted in February of that year,
2022
I feel that the gold price will surge above the $2000 level within just a few days.
I think that was the first time the gold price surged above the 2000-dollar level.
At that moment, I was sitting at my desk when someone walked up to me.
Normally, I often talk about buying gold on the show.
Oh, I see.
Is now a good time to buy gold?
I looked at him and started thinking...
I thought it was okay to say things like that, but people usually wait until the market.
Shot up to its peak and then casually said, "Oh yes, that's right."
The market is buzzing with activity—better join in myself.
But what's funny is bringing up this topic right now.
Because at that time I told him it probably wouldn't, or something like that.
I don't know, maybe it could be.
But who knows, really?
Because it might skyrocket to the extreme.
It could stay down there at the 2,000 level and never come back up again.
But if we look back at the price level of $2,000
It is clearly evident that it is the ultimate point of entry.
It's also a good purchase.
Personally, when gold prices surged to that level in January
I still adhere to my original idea: I'll keep waiting.
This is my personal opinion.
Shall we wait for the price to reach around 40,000?
Sell for profit after losing $50,000 first, then consider it.
You think that, which I emphasize once again that
This is merely my personal hypothesis regarding investment.
Do you think it's really possible?
Or does it have to take so long that, in the end,
I might sell it off by the time I'm 70.
Go ahead, yes. It took quite a while for the price to reach forty thousand or fifty thousand.
As for gold, it's still going to be a long way off, that's for sure.
But you must be aware that gold prices have no upper limit.
Because there is no definite bottom point for the dollar's value.
While we continue printing money endlessly
Public debt, global debt overall, is soaring upward.
While the dollar weakens
That is why gold prices have risen.
And there are still these other factors coming together.
Geopolitics and inflation
The list is still long.
That is what is driving gold into a structural bull market condition.
Therefore, the journey of the metal industry still has a long way to go.
which depends on each individual investor to decide for themselves
Whenever you wish to withdraw
Many people choose to buy gold simply because they want to feel secure.
One has acquired real property.
Tangible, and never lost.
Therefore, I suppose I must say that
You're not the only one who thinks that way.
Because people all want to see gold prices rise even higher.
Before considering selling it
It makes perfect sense, and it's also quite funny to bring this up.
Because about a month and a half ago
I had an expense that I hadn't anticipated at all.
That's why I had to sell some of the precious metals to convert them into cash.
To handle those expenses.
I didn't want to do that at all; it was extremely painful.
But right now I'm considering which asset to sell.
I looked at the gold-to-silver price ratio.
To assess which one is overpriced or undervalued.
Therefore, I decided that gold, when considering the price ratio,
The gold-to-silver price ratio
It is worth far less than its actual value compared to money.
That is why I chose to sell gold.
Instead of selling the money to use this lump sum
Do you think that's a good idea?
Considering the gold-to-silver price ratio
From your perspective being in this market
As you can see, sir.
Actually, gold prices are currently much lower than their true value when compared to silver.
There is a natural relationship between gold and silver.
With a ratio of approximately 16 to 1
That means throughout the entire course of history
16 ounces of money are worth the same as 1 ounce of gold.
That is the amount of money in existence, compared to gold on Earth.
As they have also assessed.
What we found is that we managed to extract approximately 8 ounces.
For every 1 troy ounce of gold
Therefore, the ratio in question is even closer.
These two metals are becoming increasingly rare.
And it is far rarer.
Considering the current price
The price ratio is at a level close to 70 to 1.
which reflects that the price of gold remains significantly lower than its appropriate level.
Compared to the current price of gold,
Gold therefore is always a market leader.
While money will accelerate its adjustment according to gold.
and we often see that the price of gold is more volatile than that of other assets
We have already seen that picture in January.
The price of gold has risen significantly.
At the same time, gold prices themselves also showed strength.
But what I want to tell you is your decision back then.
It must be a very good thing indeed.
Because currently, gold has a higher value than silver.
The price is considered much lower than its actual value.
This means we are likely to see gold prices surge even higher again.
Therefore, please keep your Khlong Ngern with you.
Until seeing that movement occur
Yes, I'm glad you agree with this perspective.
Because when gold prices move by percentage points, the actual change is truly significant.
's
Sometimes the gold price rises by as much as 6% or 7%.
But if we look at the price of gold, we can see it has surged by approximately 20%.
Of course, the problem with money is precisely due to its physical characteristics—it's large in size, making it difficult to store and preserve.
The opportunity for upward adjustment is indeed significant.
Because the current price is still around 60
Therefore, assuming the price moves up to the level of 120
Which is equivalent to returning to the original peak level seen earlier this year.
That means a 100% adjustment upward, indeed.
Yes, that's right.
Well, yes, exactly. There are plenty of advantages and great opportunities there.
It is forecasted that gold prices may rise by approximately
20-30 percent
By the end of this year, gold prices may surge by 100-200%.
or even more than that
This issue doesn't necessarily have to occur by the end of this year.
But when the prices of these metals rose simultaneously
We often see that the price of gold tends to rise more prominently than others.
What I tell my customers, Rome it's
Gold is excellent in terms of stability and value preservation.
Therefore, you should consider including that portion as the stable part of your investment portfolio.
The money is suitable for growth.
You'll encounter an experience that's utterly unpredictable.
You need to have patience.
You will have to face both the upward and downward phases.
But you will also receive a significant opportunity for growth from the monetary portion.
Yes, the perspective I have toward money
Similar to the perspective held toward gold.
I intend to keep holding on indefinitely.
Until the price rises to an unbelievable level.
After that, I was ready to sell those assets and convert them into cash.
Um, when you were explaining the gold-to-silver price ratio
You mentioned the issue of mining gold and silver from underground.
I remember it was toward the end of 2019.
or early 2020
I watched a very good video about a market. One video.
which discusses the market for gold and silver mining
Including an overview of this industry, sir.
and it specifies that extracting money from the ground to achieve a certain quantity
1 ounce
The mining cost for miners is $11 per ounce.
Then it just happened to come up in conversation at the right moment.
By the year 2020, when the market plunged sharply
Due to COVID-19 and news of lockdowns
I remember that at the time, I was keeping an eye on the price of money.
Its price also declined, just like other assets.
Or, take the stock market—everything just plummeted straight down into a abyss.
I remember seeing the price drop down to around $11 per ounce.
At that moment, I looked at the price and thought to myself:
Wow, it can't possibly go any lower now.
Such a mindset is probably not beneficial for investors.
Because I am confident that a large number of people must have lost vast amounts of property.
It's precisely thoughts of this nature, sir.
Not everything will behave that way.
Exactly, that's the kind of thinking.
But I think, well then.
If it falls down
Even at the lowest point, it always bounces back up.
Then I was right, I guess.
I bought it at a price of 11, and about two weeks later
The price moved up to 33.
Because at that time, it was merely a minor adjustment to the base price.
That was my idea at that time.
Do you happen to know what the figure is at present?
What is the minimum cost that a gold and silver mining operator must incur to extract at least one ounce?
Several factors need to be considered in this matter.
Yes, isn't it?
But if we consider the general opinion regarding already operating mines
The cost of extracting gold from soil ranges between $20 and $35 per ounce.
Now that you've seen this, you must be wondering
Why is the price currently at the midpoint of the $60 range?
Where is the logic in that? But the story unfolding here...
There is much more than that.
It's a matter of desire, isn't it?
When we look at what is happening in the field of AI and robotics
as well as the overview of the world we are stepping into
All of which require money within the global economic system.
Yet we have failed to produce enough.
Therefore, just because miners can produce gold at a low cost
It doesn't mean that is its actual value.
And another thing, Rome, it's
I have read predictions from many people in the mining industry.
Looking ahead, within the next one or two decades
The cost of mining silver from newly opened mines
If a new production site is opened
It will be around 100 to 150 dollars, indeed.
The cost of mining silver from underground is steadily increasing.
The various mines are gradually producing lower-quality silver ore.
Moreover, we must continue to dig deeper and deeper.
and so too
We just need to see some changes in that area.
To withdraw the money at a lower cost
Instead of having to wait for prices to soar even higher, reaching dizzying levels
It's quite interesting that you mentioned the range of 20-35.
Because if compared to six years ago
I remember that the number is 11.
That means it has increased by 100% indeed.
And I think it's because of inflation, and what's strange is that
The price of gold has soared by over 100% without any hesitation.
It's practically a perfect tool for hedging against inflation, isn't it?
Because when the inflation rate
Because the adjustment has increased
This will naturally rise higher as well.
And help absorb those funds and keep them.
Yes, sir.
We also take into account the rising fuel costs.
The operating cost of mining alone is rising for miners.
Which is something we must also take into account.
Therefore, the figures and trends will continue to rise steadily.
On the seller's side, how do you see the situation?
How do you currently perceive the overall picture of gold and silver trading in the market?
There has been an increase in the purchase of gold and silver.
The number of buyers and sellers on both sides is increasing.
What is the current market situation?
It's when the market is adjusting upward.
And we observed a significant surge in awareness at the beginning of the year.
That's quite interesting, indeed.
Because investors often exhibit behavior of flocking together to buy en masse.
They are rushing in to buy.
When excitement arises and market momentum builds
Everyone rushed into the market, causing a lively atmosphere.
We have observed increased buying pressure as well as higher investments in the early part of the year.
When the market adjusted downward
This situation caused alarm among everyone.
I had to pause for a moment.
We are already beginning to see signs of recovery.
There is currently great interest in investing in gold and silver.
I think the general sentiment among the public is concern.
They sensed that something unusual was happening with the economic system.
This is the most overvalued stock market ever.
As far as we have seen in the history of the United States, indeed.
Several factors are involved.
People everywhere truly desire protection and preservation of their assets' value.
Therefore, they turned to choosing gold and silver to meet the aforementioned needs.
Of course, buying pressure still remains.
Although we may observe some fluctuations up and down.
But I think the underlying concern remains.
Regardless of the market volatility situation
Is your business a domestic business, sir?
So this is essentially domestic demand from the U.S. market, correct?
Yes, we take care of American investors.
which means ordinary people like you and me
Looking at savings for retirement
or cash that has been accumulated
We realize that we need assets that are more than just numbers on paper.
That is the customer group we serve at American Hartford Gold.
Hmm, okay, so that would be the domestic market part.
But it is clearly evident that gold is a global commodity.
Therefore, I would like to inquire about the global factors affecting prices.
Including the outlook on how these factors may impact the overall market in the future.
First of all, the issue concerning the East and the West
I read the article about two weeks ago.
Regarding the matter of gold moving from the Eastern side to the Western side
For example
Just as it had previously moved from Europe to the United States in the aftermath of World War II.
Do you consider the Asian market to be significant?
Do you notice this trend when following industry news and information?
And if this story is true
How will it affect ordinary investors?
Certainly, we are clearly seeing a significant increase in geopolitical anxiety and tension.
And what we found were different countries
Each must increasingly turn back to place greater emphasis on its own sovereignty.
Therefore, gold is being sent back from the United States and North America to its countries of origin.
We have just seen the central bank of the Netherlands.
Moved all of their gold out of North America
The United States and Canada seized this opportunity.
With reasoning regarding the possibility of a crisis occurring.
and need to prepare for the situation that will arise
What will happen in the future, which is an important matter.
On the other hand, we can see that
Russia and China are attempting to build alternative structures.
Outside the commercial center
The traditional style of Western nations
For this reason, they proceeded to purchase vast amounts of gold.
It is clear that we need to keep those things within their system.
As a result, gold moved.
From west to east
What I would like to say, including the impact on our investors
And the reason why this matter is important to both you and me
At present, there is great emphasis being placed on gold.
If banks are trying to strengthen their stability
Be prepared to deal with the situation that will arise.
With a focus on fostering independence and maintaining control over their own gold.
And isn't that something we ourselves should do as well?
When considering our matters of money and investment
We should have tangible assets in reality.
and is independent of future market volatility factors
To prepare for various situations
Just like the Dutch Central Bank does, or not?
I'm just saying you're already talking to someone who agrees with this matter.
I agree.
But when I look at these governments, with their vast sums of money driving progress,
We just wanted to ride along with those movements.
When seeing central banks of various countries, whether it be India
Uzbekistan, or Kazakhstan
Including China, which is clearly evident.
They rushed in to buy gold on the scale of several megatons.
That's the real supply right there.
I just hope I can ride this wave together with him.
I would like to inquire about tangible assets versus assets in paper form, sir.
In terms of investment, we have observed capital flows exiting ETFs in the Western side.
Meanwhile, on the Asian side, the purchase of real assets
And off-market transactions continue to remain stronger.
So is gold becoming a two-tier market?
Basically, it's the Western paper market.
The genuine eastern gold market
And if that were the case, what would be the impacts?
That's a very good question.
Gold bars remain in constant demand everywhere.
But on the other hand, we do see that image, sir.
If you take a look at the market in Asia
One will find that gold holds significance both culturally and historically.
People in this region have long held gold in high regard.
This is indeed an integral part of their history.
Therefore, there is a demand for jewelry and similar items.
China and India are major gold buyers.
They always have an insatiable desire regarding this matter.
This is what is currently happening on the side of retail investors.
Another point is when considering what the group of foreign banks have
that which is being created
It can be seen that this is an attempt to establish independent authority.
Separate from the world's system at the moment of falling
which reflects the current formation of a multipolar world.
Therefore, they are viewing long-term investments more favorably.
I bought it and have been holding onto it.
I believe the Eastern side has a vision that looks further ahead.
As everyone knows, China often says
They planned on a scale of centuries or even thousands of years.
While our home often thinks only in the short term
Only a day, a week, or a month.
Therefore
The United States therefore places slightly more emphasis on comfort.
We observed that gold and silver prices adjusted downward.
This will result in capital outflows.
People were gradually selling to take profits from the aforementioned assets.
While still holding that asset in another part of the world
Another important issue is
The escalating conflict situation with Iran
which has created immense uncertainty throughout the world
It can be seen that
Energy prices, both oil and gas, which have been rising
It is causing a globally cascading recession.
Especially in situations where most countries
They all have very high levels of public debt.
The situation in our country, we are quite in control.
and have greater control over the situation
And I must say that
The painful consequences of the conflict
or the soaring inflation
It has not yet severely affected us.
Just as has occurred in other areas
Moreover, the situation didn't appear overly obvious or excessively stressful.
This makes us feel much more free to decide when to take profits.
During the period when the market is about to decline
and adjust the investment status
Be consistent with the situation.
They are already preparing to deal with this matter.
They are trying to create a protective shield for themselves.
Due to various concerns regarding...
Currently facing
And that is what I would like retail investors to be aware of.
A long-term strategy is not merely about attempting to adjust entry and exit positions.
For short-term speculation only.
If we are truly concerned about the global situation
or even domestic situations
Having certain assets that we cherish and keep hold of
As you said
I won't sell my gold and silver until the price rises to that level.
That is indeed a very good strategy.
You don't need to worry about having power over determining your own fate.
or the net worth of the assets, respectively.
If there is one thing you could hold onto and preserve,
That is the true wealth.
Do you think the futures trading market is like musical chairs?
Because if something were to happen suddenly
Everyone is eager to come and claim genuine precious metals.
You think this situation is kind of like saying sorry, but it's not entirely the case.
But most of it is stored in Asia.
You only have this one ticket, so good luck then.
Is that really the case, or am I just being overly optimistic?
Yes, institutions are also involved in this matter.
which is an extremely crucial factor driving the game at the highest level.
Moreover, there are retail investors like us who can invest in ETFs.
Basically, an ETF is a company that holds gold.
The fact that you invest in an ETF
It is equivalent to buying a share in the gold that these companies hold.
They can issue as many contracts as they want.
Based on just one ounce of gold
Therefore
If everyone wants to claim the gold they hold ownership rights to through the fund
ETF
The gold that actually exists will not be sufficient to meet the demand.
The situation on the side of large institutions is the same.
That is, these contracts are of immense value.
While the trading volume does not correspond to the actual demand or supply of gold bars, which serve as the underlying assets for these contracts.
This market is one characterized by excessive borrowing and significant price volatility.
Moreover, it offers high flexibility, making it easy to enter and exit the market.
Therefore, it is considered an attractive market for trading.
But if you want to primarily emphasize principal repayment.
This isn't really a suitable place for you either.
I think your example about the musical chairs game is perfect.
Do you know who will ultimately end up getting it?
It's because there isn't enough for everyone, that's how it is.
If we talk about the central bank we mentioned earlier
It can be seen that only a few of them move in this manner.
As far as I can recall, from around 2018 until 2023
I have set up a notification system for news related to these matters.
Now there will be news almost every month about the People's Bank of China.
Set a new record in gold purchases, stored in the vault
In the coming month, China will set a new record for gold purchases again.
Which once again sets a new record.
As for Russia itself, it has been carrying out actions.
Similarly, but in recent times, I have seen other countries
Poland, Uzbekistan, Kazakhstan
India and the other Baltic countries
It appears that official data shows that
Central banks are increasingly buying more gold.
That means we are entering a situation where central banks are purchasing gold.
It is not limited to just one or two countries.
But it has spread to various countries.
Regardless of the size of their GDP, these countries
They all purchased gold in enormous quantities, amounting to several metric tons as well.
If that is the case, then if we enter a situation involving not just one or two central banks,
But with so many central banks getting involved, what does this mean?
Is it considered risk diversification?
And if conflicts escalate further, causing these central banks to collectively enter the gold market.
How will it affect future prices?
The quantity of goods is limited; do you think the price will move?
Will it go even higher?
Yes, it's a very good question.
Based on the most recent data I've reviewed
Central bank 90-96%
People are currently buying gold.
This is considered the number of banks.
The highest historical level of gold purchases
And they bought in massive quantities.
It also set a record high.
This matter is supported by reasonable grounds.
Initially, both China and Russia kept steadily increasing their gold purchases.
Year after year
As you mentioned, continuously setting new records.
It is evident that Poland and Uzbekistan have emerged as major buyers.
Top 2
Followed by China and Russia in the subsequent positions.
Therefore, this situation presents a much broader and more comprehensive picture.
Global central banks have increasingly begun accumulating gold for various reasons.
And this greatly enhances market flexibility.
If a certain bank needs to sell gold due to liquidity reasons
or various risks in the market
It will not affect the gold business sector as a whole.
which reveals the strength embedded within this system
And of course
When overall demand at the central bank level increases
They will withdraw that portion of supply from investment banks.
They are removing that portion of supply from the system overall.
which will result in a minimum price level
and greatly enhance overall market stability
Not everyone will sell their gold at the same time.
Therefore, at this moment, the market has a systematic structure.
more than a few years ago
Provide an example of a possible scenario.
3 patterns for future direction
Based on everything we've discussed so far, is it possible, sir/madam?
downward trend in gold prices
Neutral trend and uptrend
Could you please elaborate on the details of each approach?
What are the causes that lead to each approach?
What factors influence these approaches?
What are the projected price levels in each scenario?
To be honest, for me...
It is very difficult to envision a scenario in which gold prices will decline.
Considering the macroeconomic factors
Because right now we are in a state of
Structural bull market for gold and silver
Several factors are driving this.
The prices of gold and silver rose.
In the coming few years
These factors will not disappear anytime soon.
But in the short term
The situation that would negatively impact gold prices is
The fact that this conflict continues to drag on
Which is full of uncertainty.
It is possible that if the U.S. Federal Reserve adjusts...
Raise the interest rate
Domestic and foreign investors
May shift investment toward bonds.
or the treasury silver
Due to these assets
Provide a satisfactory return
The uncertainty of the situation
May cause investors
Still holding onto these assets
After a further distance
Gold prices are likely to remain stable at the current level.
I don't see a trend indicating that prices will decline.
But it might remain stuck within the price range of 4,000
Up to 5,000, which will last longer than previously anticipated
If the situation is like that
Over the medium term, considering trends over the past six years
It can be seen that the metal market has performed exceptionally well.
Although the situation has not yet reached that point.
Any crisis at all, let alone one like this.
Suppose the U.S. Federal Reserve lowers the interest rate.
But the economy remains strong, and no crisis has occurred.
In this case
We will continue to see the prices of gold and silver steadily increasing.
And the realistic forecast is
The figure will return to the level of 6,000
or at a similar level around the end of the year
And it will move up to touch the level of 7,000 or 8,000 afterward.
It must be quite surprising indeed.
At a gold price reaching the level of per ounce
Ten thousand dollars in such a short time?
On the other hand, if looking at a situation that is experiencing a very strong upward trend,
And consider all the reasons we are truly concerned about.
Suppose the war in Iran intensifies.
And it has the same effect as war typically does on gold and silver.
which is a significant positive factor
Or, when the war ended, that problem also resolved itself.
Whether the Fed lowers or raises the interest rate
leading to the collapse of the market
Both scenarios have significantly positive effects on gold prices.
And if we have to face some kind of crisis
Regardless of the stock market downturn
Problems in the banking sector
or public debt that continues to accumulate steadily
The current debt level has already reached 40 trillion dollars.
This naturally causes great concern regarding this issue.
In the end, the money will flow and accumulate into gold.
And I would like to emphasize once again that
The price of gold soaring to reach $10,000 per ounce
Earlier than expected
It is very likely to actually happen.
Currently, gold prices are about to move in the same direction.
Due to the factor of the gold-to-silver price ratio.
Keep helping to pull the gold price upward accordingly.
You can calculate it yourself, please.
Judging from the current level of gold prices
And use a ratio comparison of approximately 30 or
or 40 to 1
That is a reasonable prediction.
For the price level that money should be at
Compared to gold
Do you have any additional final recommendations?
Regarding the use of gold to hedge against risk
Due to the uncertainty in the current situation
Regardless of the matter of war
The future of work and AI
Or, regarding the weakening dollar, what are your final thoughts?
I believe that when fund managers look at
Billionaire-level Hedge Fund
The CEO of Vanichthongkit, a legendary investor
as well as analysts and economists
They all simultaneously advised you to hedge against risk and buy gold.
That should be taken as a warning we ought to listen to and pay attention to.
The economy is currently facing problems.
Not long ago, Jamie Diamond said
He would not touch government bonds in the slightest.
And I will not buy the stock at this current price level either.
At this moment, everything and anything
All are fraught with danger and risk.
Even Reddellio himself said
This is the most dangerous time.
In the history of the United States regarding investment
And they all came out to warn about this currency crisis.
Once again, it is emphasized that public debt has reached $40 trillion.
And each year we add even more debt.
2 to 3 trillion dollars per year
What will the value of the dollar be like?
As we step into the future ahead
This is a genuine concern.
and serves as a driving factor prompting people to take interest in precious metals.
Therefore, I would like to recommend that you follow it.
What various banks are currently doing
That is holding gold.
To create a tangible and concrete guarantee
And preserve the true wealth
left outside the financial system, mere numbers on paper
No matter what happens, gold will always come out on top.
If the Fed lowers the interest rate
That means government bonds and debt instruments.
It would not be sufficiently interesting or appealing to foreign investors.
Therefore, money flows into gold, a safe-haven asset.
This has led to an increase in gold prices.
If the Fed raises interest rates out of necessity to curb capital flows.
There is a high likelihood that the economy will collapse in the end.
Consider how risky the current stock market is.
Because if we look at every factor that economists use in their analysis
You will find that this is the period when the stock market is most significantly overvalued.
In the history of the United States
Only a few companies are driving this segment of the market.
All of these are related to the topic of AI.
And this is a model that still lacks definitive proof.
This situation brings to mind the dot-com bubble era.
or even the major financial crisis of 2008
There are many reasons why people have turned their attention to precious metals.
And for many people, this is considered a new form of investment.
which they may not yet be as familiar with gold and silver as they are with stocks and bonds.
What I want to say is
It is merely one side of the market.
If you notice anything unusual or feel concerned at all
What we've just said corresponds to your feelings.
It's a very good decision that you've started investing in precious metals.
To protect the assets accumulated throughout a lifetime
Personally, I've been sleeping much more soundly.
When knowing that there is actual, tangible property truly in one's possession
My client has also found it to be the same.
Actually, we held an online seminar on Thursday the
September 17 at 10:00 AM Pacific Time
If you go to the website
You can also watch the archived videos on americanhartfordgold.com.
At the event, we gave away one free gold coin to each attendee.
Which presents a great opportunity to learn more about this topic.
It provides a basic introduction to gold and silver.
To give you confidence as you step into this world of investing
Yes, we'll post the link to the recorded video shortly.
Please fill in the details in the field below.
And if anyone wishes to contact American Hartford Gold
You can also view the contact information in the details section below.
Roman, thank you so much!
I'm very glad to talk with you today.
Likewise, please take care of your health.