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Rebel Capitalist News

News: Gold Just Hit All Time Highs!! (Here's My Prediction For Future Price)

Rebel Capitalist News

George Gammon

Thrive, Wealth, Gold, Finance, Macroeconomics, Education, Protect Wealth, Real Estate, Learn, Business, Investing, Government, Economics, How To

4.71K Ratings

🗓️ 16 August 2024

⏱️ 24 minutes

🧾️ Download transcript

Summary

The Rebel Capitalist helps YOU learn more about Macro, Investing, Entrepreneurship AND Personal Freedom. ✅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

Transcript

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0:00.0

Hello for the Robocapital so pure well so gold hitting all time highs begs the question

0:07.1

it's going to happen next and why is it hitting all time highs and if the price continues to go higher, I mean how high can this thing go?

0:17.6

Are we in a full-fledged bull market in the yellow shiny metals or metal.

0:26.0

And then what about silver too?

0:28.0

Because I know the gold to silver ratio is really skewed in favor of silver right now and what happens to the price of gold if we have a

0:37.0

recession by the way we're going to dive into all this right now let me do a quick

0:41.3

screen share and we're going to get over to the

0:43.7

Wall Street Journal go over the details and then we're going to try to assess the

0:49.2

probabilities of gold continue to go higher if so what the price will do and all these questions that pretty much

0:57.8

all of us have that own gold and I would be one of those people.

1:03.0

So let's shoot over to the Wall Street Journal.

1:08.0

There we go.

1:09.0

Gold Price sets new record on U.S. rate cut hopes,

1:12.0

geopolitical concerns.

1:14.0

Here's the first thing I want you to make note of.

1:16.0

The mainstream media will always give you a reason why.

1:20.0

Is this the reason why?

1:22.0

They don't know. Nobody really knows. Because what this implies is

1:27.3

gold always goes down when the Fed cuts rates. Or, or excuse me, gold always goes up when the Fed cuts rates or excuse me gold always goes up when the Fed cuts rates or gold always goes up

1:37.6

when there are geopolitical concerns problem is if you actually look at history, that's not really true. I can show you several times.

1:46.0

We're going to go over this in a bit where the Fed is dropping rates.

1:50.0

We're going into a recession and gold tanks tanks and then I can also show you times when it doesn't with gold

...

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