4.7 • 1K Ratings
🗓️ 3 June 2025
⏱️ 21 minutes
🧾️ Download transcript
Whiteboard explaining monetary metals https://youtu.be/lw9crPfbAyIIf you want to earn a yield on your gold, check out https://www.monetary-metals.com/gammon/✅Check out my private, online investment community (Rebel Capitalist Pro) with Chris MacIntosh, Lyn Alden and many more for $1!! click here https://georgegammon.com/pro✅Rebel capitalist merchandise https://www.rebelcapitaliststore.com
Click on a timestamp to play from that location
0:00.8 | Hello, fellow Rebel Capitals. |
0:01.9 | Hope you're well. Gold. |
0:04.0 | Woo, really going up today. |
0:07.0 | So this begs the question, should you buy, hold, or sell? |
0:11.9 | I think I'm going to give you an answer that you're not expecting right now on this video. |
0:17.2 | But before we get into that answer and my prediction and what I'm doing with my own |
0:21.6 | portfolio and what I'm putting on the watch list as a result of gold doing what it's doing, |
0:28.5 | before we get into that, let's go over to the details to see what's happening with the price |
0:32.2 | action. Let's go over to CNBC. And gold is up almost 3% today. And what you'll notice with gold, and I talked to |
0:43.0 | Patrick Suresna about this the other day, is it likes to consolidate, go way up. Consolidate, go way |
0:49.4 | up. Consolidate, go way up, at least when it's in a bowl market, which obviously, obviously it has been. |
0:56.8 | When we go back to this chart, we see that it was, boy, it, I almost forgot how low it was back in even, even the end of 2022. |
1:07.7 | So Q4, 2020, it was at 1600, 1,650. Man, that is a bull move for sure. And thank goodness, |
1:21.0 | I had a lot of gold. That's kind of the, as you guys know, that's the pillar of my portfolios, regardless of what the objectives are for each portfolio. |
1:30.6 | But although gold, now let's zoom in, go to a three month. |
1:33.5 | And although gold has gone way up and it was up big today, you know, like I said, almost 3%. |
1:39.7 | We can see that it's kind of in this consolidation type of mode and churning a bit, |
1:45.9 | at least for the last six weeks. |
1:49.0 | So right now, I would not be a buyer of more gold. |
1:55.1 | It doesn't mean I'd sell. |
1:56.1 | But there is something that I would definitely, definitely consider buying. |
2:02.8 | Now, this is not investment advice. |
... |
Transcript will be available on the free plan in 7 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from George Gammon, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of George Gammon and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.