Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / Gold to $22,000?! 😱 (Expert says WHEN!) #shorts

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Gold to $22,000?! 😱 (Expert says WHEN!) #shorts · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

• 0:00
  So Luke Grauman talk about where gold's going.
• 0:03
  And does that move us towards a gold revaluation last time?
• 0:07
  Last time we spoke, you said that you thought that that was
• 0:09
  quite probable in the not too distant future.
• 0:13
  What's your take on that now? I think it still ends up now the
• 0:16
  question is the mechanics of it, you know, will it be sort of an
• 0:18
  overnight? I probably feel less confident
• 0:21
  about that. But I, you know, look in the
• 0:23
  last year, gold went from 22124 hundred to, you know, 5600 at
• 0:28
  the highs. We're still up near 5000, right?
• 0:30
  So there's already been A at least some measure of
• 0:33
  revaluation that's taking place by virtue of of that move.
• 0:37
  I ultimately think it's got a lot higher to go though.
• 0:39
  How? Much.
• 0:42
  Higher I, I, I think ultimately over the course of the cycle, it
• 0:44
  finishes where it used to trade historically relative to U.S.
• 0:47
  Federal debt, right, Your foreign health, federal debt.
• 0:49
  So long term, the market value of US official gold as a
• 0:53
  percentage of foreign held treasuries has been between 40
• 0:56
  and 60%. Today it's 13%.
• 0:58
  So assuming federal debt, foreign held federal debt never
• 1:00
  rises again, which probably not a great assumption, but forsake
• 1:03
  of argument that tells you gold got to rise between 3:00 and 5X
• 1:06
  from here to get back to its long term historical average
• 1:09
  relationship relative to US foreign held treasuries.
• 1:10
  So what 15 thousand, 22,000, something like that, I think is
• 1:15
  ultimately by the end of the cycle, you know, where we'll
• 1:17
  where we'll see that shake out again to happen tomorrow or next
• 1:20
  year per SE. But, you know, five years, six
• 1:22
  years, you know, I think that's where we end up.
• 1:24
  Whoa, did he just say that? 15,000 to $22,000 Gold from the
• 1:34
  man Luke Groman.