Latest / SILVER / GOLD / $UFD Meme Coin Investing & Global Economics / 🇺🇸 $3150 Gold & Silver PRICE 🇺🇸 -TRUMP will do THIS!... (Inflation, weak dollar, uncertainty)

Transcript

🇺🇸 $3150 Gold & Silver PRICE 🇺🇸 -TRUMP will do THIS!... (Inflation, weak dollar, uncertainty) · SILVER / GOLD / $UFD Meme Coin Investing & Global Economics

• 0:00
  The Donald Trump presidency can light a major fire under the
• 0:03
  price of silver and gold. It may not feel that way right
• 0:07
  now, but after this video, after we listen to what Goldman Sachs
• 0:12
  is saying, we could expect out of this Donald Trump presidency
• 0:16
  and how it will have a major impact on the price of gold and
• 0:20
  silver. My fellow basement dwellers, we
• 0:23
  will be feeling much, much better.
• 0:24
  Thank you for being here. Thanks for being part of our
• 0:27
  group. Please subscribe to the channel,
• 0:30
  give the video a thumbs up. Super chat, super thanks are
• 0:32
  always never expected, but always super appreciated.
• 0:36
  Let's go out and see what Goldman Sachs themselves are
• 0:39
  saying we can expect from the Donald Trump presidency and the
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  price of silver and gold. This comes from Fortune
• 0:47
  magazine. Donald Trump's presidency could
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  light a speculative fire under gold.
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  We know they're also talking about silver pushing the price
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  to a fresh all time high. Guys, this article is excellent
• 1:01
  and packed with and very interesting, intriguing
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  information that I think a lot of people are overlooking
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  concerning what Donald Trump can do to the price of precious
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  metals. They say escalating trade
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  tensions and concerns over the sustainability of the United
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  States fiscal balance sheet. That would be the US debt clock
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  that could help ignite a fire under the price of gold in the
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  coming year. According to a study by Goldman
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  Sachs, the most prestigious financial investment firm in the
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  world, in the planet, in the history of the universe.
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  They said, quote the gold price consolidation following the
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  orderly US election. We call that the Trump slump,
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  right? Not the Trump dump.
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  The Trump slump. We endured, what, 8-9 percent
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  decrease in the gold price, 1215% decrease in the silver
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  price. That was flushing speculative
• 2:00
  positions from near all time and provides an attractive entry
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  point to buy gold. And we'll nudge each other with
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  our elbows and say buy silver as well in yellow.
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  Goldman. Goldman Sachs expects robust
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  underlying demand for bullion among central banks looking to
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  permanently diversify their reserves away from their current
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  allocation of U.S. dollars. Guys, look, we got to realize
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  one thing, central banks buying gold.
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  Now the Russian government buying silver will more will
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  more governments, more central banks follow suit?
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  But the fact that they're buying precious metals, these are the
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  most sophisticated in the know insiders in the financial world
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  period, the world central banks. And that's not going to change
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  since Donald Trump was elected as president.
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  In Orange. Key point exchange traded funds
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  will also bid up the price Goldman predicted due to
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  cyclical inflows from investors seeking to hedge their
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  portfolios against the forecast effect of the Federal Reserve
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  lowering interest rates between two between 3 1/4 and 3.5%.
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  We have not even begun to see Western investors, you and I,
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  yeah, sure. But we have not, from a
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  historical perspective, even really begun to see Western
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  investors show up and start buying the precious metals.
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  When they do, that will be the catalyst for the gold price and
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  the silver price to go to areas that maybe we can only imagine.
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  Then, Goldman says bullion could rise all the way to $3150.00 an
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  ounce by the end of 2020. Five, 2025, my friends, starts
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  in just a a short few months away.
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  As a result, gold bullion ought to be trading at $3000 per oz by
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  the end of next year. The Wall Street investment bank
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  believes in red. But now, the bank estimates
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  geopolitical risk could prompt speculators who were active up
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  until very recently to return, as Trump's transition team
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  continues to shock markets with its unorthodox policies and
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  Cabinet appointments. We've got the situation in
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  Russia right now where the US has approve the use of American
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  long, long range missiles. We've got major geopolitical
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  turmoil in the world right now. But on top of that, just
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  internally, like this article stated, there's so much
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  uncertainty surrounding what Trump's team is going to do.
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  If they do a third of what they've talked about, guys, it
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  will send massive shock waves of uncertainty through not just the
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  US economy and markets, but also throughout the world.
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  And people want one thing when there's heightened levels of
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  uncertainty, they want their gold and they want their silver.
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  It says in green, this could lift gold the $3150.00 an ounce
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  as speculators begin to take bets on whether the US economy
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  will saddle its trading partners with new punitive tariffs.
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  We haven't even talked about that.
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  Just as the country struggles increasingly to shoulder its
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  immense fiscal deficits and 36 trillion, $1,000,000 and
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  national and national debt, gold's vote of no confidence and
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  paper currencies backed by government Fiat Unicorn part
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  does paper money. The 1.83 trillion budget
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  shortfall from this past fiscal year through September had to be
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  met with additional borrowing, which can be inflationary.
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  Should the Fed be forced to purchase more U.S.
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  Treasury notes with fresh actually printed dollars?
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  If the Fed prints money to buy the government debt, it's the
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  biggest smoke and mirror funhouse financial system in the
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  world. Guys that is called monetizing
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  the debt. Japan tried it, Zimbabwe tried
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  it. You know, any country that's
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  that's printed money to buy their own debt, it is massively
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  inflationary and inflation will drive the price of gold and
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  silver like nothing else in the coming year and years.
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  In yellow quote, rising fears of inflation and fiscal risk could
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  drive speculative positioning and ETF flows higher, Goldman
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  wrote, while U.S. debt sustainability concerns may push
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  central banks, especially those holding large U.S.
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  Treasury reserve reserves, to buy more gold.
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  They don't want to buy the Treasuries.
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  Foreign countries, right? Saudi Arabia, China, of course,
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  Russia, all the big previous purchasers of U.S.
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  Treasury notes. They can work a calculator and
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  they know right that this level is unsustainable.
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  While idiosyncratic aspects, which means like unique or
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  peculiar. Honestly, I did Google that word
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  idiosyncratic, which means unique or peculiar.
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  That's your vocabulary. Lesson for the day.
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  Aspects can drive gold buying, including central banks actively
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  managing their allocation of gold reserves or demand in key
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  jewelry markets like India. A broad sustained rise in the
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  gold price during periods of uncertainty is often viewed as a
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  vote of no confidence in the US dollar as a store of value, as
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  well as other paper currencies backed solely by government
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  Fiat. OK, just a few more things here
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  guys. This article is great.
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  It's on Yahoo Finance. It's from Fortune magazine in
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  green. The key upside risk to inflation
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  under the second Trump administration on the supply
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  side are much higher tariffs. Not to mention Trump is coming
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  into office with a much higher debt load, $36 trillion.
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  To think that he's going to like institute austerity and cost
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  cutting. Well, we'll see how that all
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  works out because his history as a president and as a private
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  businessman is one of really reckless spending and racking up
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  massive amounts of debt. The Federal Reserve's
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  independence is to set policy is under attack, right?
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  The Fed's independence last paragraph here.
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  Just as worrying has been Trump's insistence that the
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  White House gained a direct say on monetary policy in addition
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  to fiscal policy, de facto ending the Federal Reserve's
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  political independence. In countries where this barrier
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  has been breached, like Turkey, it can lead to spiraling
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  inflation. Guys, the bottom line is this.
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  We are going to have spiraling inflation.
• 8:59
  I could be wrong, right? But if you think I'm right and
• 9:01
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• 9:04
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  I'll never tell you what to do. Also, I want to say thank you to
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  in Canada, a safe jurisdiction, and Fortuna Mining, who's been
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  silver. I've got links to all their
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  websites in the description of this video.
• 10:29
  It's going to be a big, interesting run in the coming
• 10:33
  years. I think that the Trump, just
• 10:36
  like the Trump election landslide was a surprise to a
• 10:39
  lot of people. I think the coming four years is
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  going to be a surprise to a lot of people in regards to the
• 10:46
  heightened level of uncertainty, the heightened level of
• 10:50
  inflation, and of course, what we love, a heightened level of
• 10:55
  price for gold and silver. We'll see how it plays out.
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  Remember, I don't have a crystal ball.
• 11:00
  Don't make any financial decisions based on what I say,
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  but that's my truth. I'll look forward to seeing you
• 11:07
  soon.