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Is Gold & Silver Done Falling- The Truth About This Market Crash. · Earn Your Leisure

• 0:00
  Speaker 1: Gold, gold and silver crash.
• 0:04
  Speaker 2: Last week, Silver had its largest crash is nineteen eighty
• 0:08
  Speaker 2: and went down thirty percent on Friday. Gold was down
• 0:11
  Speaker 2: fifteen percent one day. That was the largest drop in
• 0:15
  Speaker 2: forty years. And a lot of this is due to
• 0:17
  Speaker 2: the new FED chair. Allegedly some of it is due
• 0:19
  Speaker 2: to the new FED chair. Maybe they just use it
• 0:21
  Speaker 2: as an excuse to crash the market.
• 0:24
  Speaker 1: What about the new FED chair later?
• 0:26
  Speaker 2: But and he's he's interesting because it's like, you know
• 0:31
  Speaker 2: he you know he's married to.
• 0:34
  Speaker 3: Or tell you I thought that was fascinator Jane Lauder Hello,
• 0:39
  Speaker 3: generational wealth. May have heard of the last.
• 0:42
  Speaker 2: Name and her father, her father Ronald lawder mm hm.
• 0:49
  Speaker 1: Company that they own, it's called Estate Lauder. Perhaps you've
• 0:54
  Speaker 1: heard of it.
• 0:54
  Speaker 2: Ronald has happens to be one of Donald Trump's best friends,
• 0:58
  Speaker 2: and some contribute him to coming up with the idea
• 1:01
  Speaker 2: to take Greenland. Yep, they say that that was actually
• 1:05
  Speaker 2: his idea. So it's all in the family relationships. Once again,
• 1:10
  Speaker 2: power of relationships.
• 1:11
  Speaker 1: Right.
• 1:12
  Speaker 2: The son in law, Donald Trump's best Friend's son in
• 1:15
  Speaker 2: law is now to feed chair. Interesting. Well, that goes
• 1:23
  Speaker 2: back to the price of goal. Right, So people that
• 1:27
  Speaker 2: it dropped because it's like, Okay, now we're going to
• 1:29
  Speaker 2: have a strong dollar because we have a new fed chare.
• 1:33
  Speaker 2: But I think that's just temporary, in my opinion, because
• 1:35
  Speaker 2: what's going to change. Nothing is really going to change.
• 1:38
  Speaker 2: Still going to be spending money, still going to have
• 1:40
  Speaker 2: a tremendous amount of debt, still having figured out how
• 1:45
  Speaker 2: to actually you know, raise taxes efficiently or cut spending efficiently.
• 1:53
  Speaker 2: So the overarching theme at least for goal that may
• 1:57
  Speaker 2: goal go up, I don't think anything changed. I just
• 2:00
  Speaker 2: think that it was just a short term and like
• 2:02
  Speaker 2: I said, some people have claimed some level of market
• 2:05
  Speaker 2: manipulation from some half, not us, the the big dogs
• 2:10
  Speaker 2: to actually liquid date and clothes. A lot of people
• 2:12
  Speaker 2: got squeezed out of positions, a lot of profit taken
• 2:15
  Speaker 2: when something happens that drastically, and you know, it went
• 2:18
  Speaker 2: up so far so it was it was bound to
• 2:20
  Speaker 2: come back down. But the overarching theme that made gold
• 2:26
  Speaker 2: go up, I don't think any anything has changed since then.
• 2:30
  Speaker 2: I think the confidence in the dollar is still low,
• 2:32
  Speaker 2: the debts still high, We're still going to be spending
• 2:34
  Speaker 2: a tremendous amount of money. I mean, I don't think
• 2:37
  Speaker 2: lowering interest rates just solves every single problem in the world.
• 2:40
  Speaker 1: No, yeah, I think you answered it. Yeah, I'll but
• 2:46
  Speaker 1: you I don't think anything.
• 2:47
  Speaker 4: The only thing that has changed is that people sold
• 2:49
  Speaker 4: to run up and decided, all right, this might be
• 2:51
  Speaker 4: a place to tay some profit. If we were talking
• 2:53
  Speaker 4: about the year end goal being fifty two hundred, fifty
• 2:57
  Speaker 4: hundred fifty fifty five hundred and two hundred and it's
• 3:01
  Speaker 4: January thirtieth, oh yeah, yea, yeah, yeah, we just take
• 3:04
  Speaker 4: a part and to the point where it ran so fast, right,
• 3:09
  Speaker 4: we saw new price targets. I saw a couple of
• 3:12
  Speaker 4: analysts had it at sixty three hundred.
• 3:15
  Speaker 1: It sounds good, Yeah, it sounds good. Yeah.
• 3:20
  Speaker 4: So you see these pressures about silver, same thing. The
• 3:24
  Speaker 4: story hasn't changed, and I think people need to understand
• 3:26
  Speaker 4: and I'm saying that right, like you can watch something
• 3:28
  Speaker 4: on a minute, you can watch it on an hourly,
• 3:30
  Speaker 4: you can watch them to day. Has the story changed
• 3:34
  Speaker 4: And if the story hasn't changed, then the investment is
• 3:36
  Speaker 4: going to be the same. Right, people are going to
• 3:38
  Speaker 4: take profit, that's part of it. In fact, people need
• 3:40
  Speaker 4: to take profit when you see an asset run like that,
• 3:43
  Speaker 4: what's your metrics for when you're going to take profit
• 3:45
  Speaker 4: or how long you're going to stay in the position.
• 3:47
  Speaker 1: And that's that's what we were seeing. The story has
• 3:50
  Speaker 1: not changed the government.
• 3:53
  Speaker 3: And even on stock side, considerable draw downs Oracle negative
• 3:56
  Speaker 3: forty nine, coin Based negative fifty five, The Limited negative
• 4:00
  Speaker 3: sixty five, Target negative forty two, Adobe negative fifty three,
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  Speaker 3: Nike negative fifty two. So when you talk about sector rotation,
• 4:07
  Speaker 3: a thing that I hate for retail investors, but one
• 4:10
  Speaker 3: thing you do have to be mindful of is how
• 4:12
  Speaker 3: do you hedge if the market is falling apart? Gold
• 4:15
  Speaker 3: has been a pre eminent asset to investing in for
• 4:18
  Speaker 3: a long period of time.
• 4:20
  Speaker 1: I think we went up too fast.
• 4:22
  Speaker 3: There was some rumors, like you said, by others, of
• 4:24
  Speaker 3: market manipulation potentially and how far it felt like big
• 4:30
  Speaker 3: institutions need room in order to exit. Some positions got squeezed,
• 4:37
  Speaker 3: and here we are. I would like to reintergal at
• 4:40
  Speaker 3: forty two nineteen. If we get there in silver as
• 4:43
  Speaker 3: sixty three thirty three, do I think we'll go back
• 4:47
  Speaker 3: up to fifty two hundred, for sure. It's going to
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  Speaker 3: take time. But if you missed this first run up
• 4:54
  Speaker 3: wait to get back in. And for those you've been
• 4:55
  Speaker 3: trade and go futures, great job, Like a lot of
• 4:57
  Speaker 3: you have made between ten and forty ran over.
• 5:00
  Speaker 1: The last month and a half.
• 5:01
  Speaker 3: Yeah, trading it, so stay locked in. But forty two
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  Speaker 3: nineteen is an area that I like to load up
• 5:07
  Speaker 3: on gold and then silver sixty seven to thirty three.
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  Speaker 4: I think people like they look at us themselves as
• 5:14
  Speaker 4: obviously retail investors, and sometimes you'll you'll see a position
• 5:17
  Speaker 4: running like, man, I missed it, and it keeps running, right,
• 5:20
  Speaker 4: But you gotta think there's institutional investors and hedge fund managers.
• 5:25
  Speaker 1: Who are in the same exact boat.
• 5:27
  Speaker 4: Absolutely, they're in the same exact boat with a lotwa capital.
• 5:30
  Speaker 4: And then like I missed that run, we you know,
• 5:33
  Speaker 4: I can't wait. We got to have a pullback for
• 5:35
  Speaker 4: us to get into that position in low and behold,
• 5:38
  Speaker 4: you'll see short sells and okay, here comes a new
• 5:41
  Speaker 4: opportunity for us to enter a position. You'll enter it
• 5:44
  Speaker 4: and you'll see it tick back up.
• 5:46
  Speaker 1: Yeah. Okay.
• 5:48
  Speaker 2: The thing with gold is that over the last fifty years,
• 5:52
  Speaker 2: gold has increased twenty seven over the last fifty years, yep,
• 5:57
  Speaker 2: and the American dollar has dec the value of the
• 6:00
  Speaker 2: American dollar has decreased eighty five percent. So do do
• 6:05
  Speaker 2: with that information which you would like. But gold has
• 6:09
  Speaker 2: gone up twenty seven hundred percent over the last fifteen years,
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  Speaker 2: fifty years, and the dollar has decreased in value eighty
• 6:15
  Speaker 2: five percent over the last fifty years. So if history
• 6:19
  Speaker 2: has any indication, there's no there's no need to panic
• 6:22
  Speaker 2: on the gold.
• 6:22
  Speaker 1: Side, oh for sure. Yeah.
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  Speaker 3: And that won't reverse anytime soon.
• 6:27
  Speaker 4: Yeah, And that's and that's when we talk about long
• 6:29
  Speaker 4: term investment.
• 6:30
  Speaker 1: You know, you just keep it