in my terms a "Forecast is a prediction based forward from the public date" and not backwards what alr happend. How come half of the forcast videos on youtube shows backwards from the date the video is public.
Thanks for the analysis, Tony. I appreciate the work you've done. What do you think about a (a least short term) rally for the dollar up to $1400/oz due to concerns over printing of fiat currencies, not just here, but worldwide. Basically, investors continuing to run to gold in fear of inflation? Thanks!
I disagree with this due to possible defaults in states like California. China has already made direct agreements with many of it's trading partners. Some event will shake that USD strength and from there the fall will be fast since all know the debt is astronomical and long term the USD is dead. While it rises investors will buy . As soon as it starts to fall it will go quickly. Gold is the safest currency now and this will cause a lot of buying.
In the longer haul, they may be right. I cannot disagree with the fundamentals. On the other hand, the markets are not rational. There are too many betting against the dollar.
lmfao you lost youre shirt!
creekesl 1 year ago
in my terms a "Forecast is a prediction based forward from the public date" and not backwards what alr happend. How come half of the forcast videos on youtube shows backwards from the date the video is public.
Dualspec 1 year ago
Thanks for the analysis, Tony. I appreciate the work you've done. What do you think about a (a least short term) rally for the dollar up to $1400/oz due to concerns over printing of fiat currencies, not just here, but worldwide. Basically, investors continuing to run to gold in fear of inflation? Thanks!
Stoneyridger 1 year ago
I disagree with this due to possible defaults in states like California. China has already made direct agreements with many of it's trading partners. Some event will shake that USD strength and from there the fall will be fast since all know the debt is astronomical and long term the USD is dead. While it rises investors will buy . As soon as it starts to fall it will go quickly. Gold is the safest currency now and this will cause a lot of buying.
syyenergy7 1 year ago
amazing i have chain that cost about 2 3 new cars great to know that gold is getting more expecnive
lebnen143 1 year ago
what about fundamentals? all you talk about is waves?
tokyorealestateman 2 years ago
Agree 100% with your basic vision on this. Gold @ $815 this fall seems reasonable. USD index top @ 84.5 this year also seems reasonable.
TheMadronas 2 years ago
Nice one Tony.
Two points ...
1. You can look at those bear warning videos with some pride now.
2. Plants still doing well - but slightly out of control.
radiantinred 2 years ago
MY jungle has grown. I am hiding tow doors behind my desk. I never thought about them until I started to do videos.
ThePracticalInvestor 2 years ago
Gold at $550- we live in hope !
loai050 2 years ago
Even with a sovereign default or US currency devaluation both of which are likely?
taineasy 2 years ago
The chart sugests that the U.S. Dollare will rally this year. Devaluation may come next year.
ThePracticalInvestor 2 years ago
The U.S. currency devalauation will be put on hold. Too many other countries in deeper doo-doo.
ThePracticalInvestor 2 years ago
So were talking deflation right?
PayChkSlaveRebellion 2 years ago
We will likely see deflation for the next year or longer.
ThePracticalInvestor 2 years ago
Warren Buffett is not worried about deflation at all, but instead inflation over the long run. So is Ron Paul and Peter Schiff.
Adahondeayenh 2 years ago
In the longer haul, they may be right. I cannot disagree with the fundamentals. On the other hand, the markets are not rational. There are too many betting against the dollar.
ThePracticalInvestor 2 years ago
Looks good.
Will you be forecasting the stock market and sync it with this video?
Thanks!
Schweizer135 2 years ago 2
Thank You!.
kilo199999999 2 years ago 2