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Rebel Capitalist News

News: Gold Prediction For 2024 (You Won't Believe This)

Rebel Capitalist News

George Gammon

Investing, Business

4.71.1K Ratings

🗓️ 5 December 2023

⏱️ 19 minutes

🧾️ Download transcript

Summary

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✅ 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

 

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Transcript

Click on a timestamp to play from that location

0:00.0

Hello Rebel capitalists hope you are well so most people know that the price of

0:06.4

gold just the other day hit all-time highs now it's pulled back a little bit but

0:11.4

this begs the question, what on earth is the price going to do in

0:17.2

2024? Is it going to skyrocket like we saw from 2007 to let's say 2011? I mean, is it going to to let's say 2011.

0:24.0

I mean, it's gonna hit $5,000 an ounce.

0:27.0

I mean, I haven't listened to Schiff lately,

0:29.0

but I almost guarantee you.

0:32.0

This is what he is saying or is it going to completely implode? Is it going to crash like we saw right after 2011 or what we usually see when we have a liquidity event.

0:48.0

In other words, a crisis or a hard landing.

0:50.6

I've done a lot of research on this lately in fact I did a whiteboard on it this morning

0:54.8

so let's go over some of the conclusions that I have come to regarding what I think the

1:00.2

price is going to do and maybe even more importantly what gold is going to do and what drives the price of gold.

1:08.6

Let's get into it here guys and you'll see exactly what I'm referring to you let me do a screen share this was

1:13.8

actually fascinating for me because you always hear what drives the price of

1:19.0

gold is inflation, inflation head or what drives the price of gold is the dollar or real interest rates

1:26.0

whether they're negative or positive whatever it is it's these are the things that

1:31.5

drive the gold price.

1:33.8

So if we could just figure out what's going to happen here,

1:36.7

well, then we can predict what's going to happen

1:38.9

to the price of gold.

1:39.8

There's more to it than that.

1:41.5

So let's check out some of what I found when actually going

...

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