I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.,.

In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.

I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, aiming to retire comfortably.

Great video, I have a quick question. I am an aspiring trader, I am looking study some traders and earn off their expertise rather than investing myself and lose money emotionally. Whats your take on copy trading? Do people really make money? Just looking for some reassurance. Thank you!

Buying silver and gold is easy, but it is renowned for stability during economic hard times like this. The main problem is investing in stocks, dividends and even cryptocurrencies to grow your portfolio.... I’ve been trying to grow my portfolio of $190K for some time now, my major challenge is not knowing the best entry and exit strategies ... I would greatly appreciate any suggestions

It’s always a good option to keep some gold. Well with the current market situation and everything at stake with the present economy, I’d say you’re better off staying away from stocks

It’s always a good option to keep some gold. Well with the current market situation and everything at stake with the present economy, I’d say you’re better off staying away from stocks fr awhile or better still reach out to an adviser for guidance.

I think I'll be investing more in gold mining stocks and other stocks going forward. The fact that stocks offer potential for growth, dividend income, and liquidity makes it more appealing. I am keeping my bullion still, but curious on where else to spread $400k for long term returns.

At this moment, it is crucial for individuals to prioritize investing in alternative streams of income that are not reliant on the government, particularly with the existing worldwide economic crisis. Investing in stocks, gold, silver, and digital currencies can still be profitable during this period. Therefore, it is advisable to explore these investment options to secure one's financial future.

In the face of a swiftly changing and unpredictable economic environment, possibly on the cusp of significant shifts, it's increasingly important to diversify your investment portfolio. Venturing into physical assets such as gold and silver, as well as engaging with more dynamic options like cryptocurrencies, can provide a strategic defense against inflation and economic turbulence. This strategy highlights the necessity of staying informed and proactive, combining classic and modern investment methods to foster financial robustness during uncertain periods. My own experience is a testament to this approach: by adopting Cheryl Atonal’s trading strategies, I have successfully gathered 26 bitcoins in just a two-month timeframe, which is a strong endorsement of her proficiency in this field.

Gold isn't going up, the value of the dollar is going down. Generally, gold price is manipulated to mask the decline of the value of the dollar, and we're all just waiting for those tricks to reach the end of their ability to be played.

Gold and silver are two of the most manipulated commodities in the world (evidenced by the massive fines dispensed to JP Morgan and others). So, to consider the effect on pricing without identifying the manipulation is not reasonable. They “change” the pricing to arbitrage between different assets in the “off season” and then it does its job as a long term preservative of wealth. I appreciate George’s honesty on this one!

Been stacking a lot of SYN24R and cash after DCAing a bit this year. Will buy more at least around the November December lows and below

George ; I believe the gold market is manipulated , yet all the major banks have loaded up on gold & silver.

They will both serve a function and niche. SYN24R has a lot more momentum right now and will decentralize as it scales

institutional buying into SYN24R could totally break the cycle and the peak expectation of end of 2025 will likely spectacularly fail to appear. If the last double peak was odd, the next one will catch most people out again.

Gold isn't really a hedge against inflation, although it can be protection from it. What it really represents is trust, or lack thereof, in the political system and elites. If you think the system is going to be highly corrupt, and people are going to be treated by garbage by elites and politicians, abused, have their rights attacked, then gold is a sure bet.

Gold will have the best years ever starting 2024 !

I love gold and silver

Appreciate the honesty George G, quality content and insights as usual

So basically, you're saying the price of gold will fluctuate!? Genius, George, genius! (Can I get my 13 min and 51 seconds back?)

If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you, prevent inflation from eroding your savings, build generational wealth, and cultivate good habits and financial knowledge, you must be in the market.

I have a fairly large holding of SYN24R. And 90% or it is because I believe in the asset itself. Its actually the chain that makes me want to dev on top of it and learn Haskell.

Excellent video George! Thank you! Have a Merry CHRIST-mas and God bless you!

Love Georges work, honest and easy to understand for the low educated like myself, thanks a million 😊

Love your non bias analysis! Looking at facts, history, and probabilities.. Fantastic job!

Why would we NOT follow what the central banks are doing and buy more gold if and when they do?

Gold and Silver is money, everything else is credit

My friend paid £2million for a house he didn't live in in 2006 and sold it this year for £2.25 million. If he'd have bought gold, he'd have £12 million now.😅 He doesn't like me to mention it, though 😂

Great video George. IMO, price will be determined by CB demand. Supply is pretty much constant. Not to concerned about a big drop because of lack of retail and investment bank ownership. Cup and handle patterns are high probability of breakouts as well!

My suggestion would be to stack Gold and Silver irrespective. Keep your Debts super low and build a solid cash base. Why? When we do get the GFC 2.0 and there are bargain basement prices on most asset classes - you won’t need bank debt to buy, you will have the cash ready to roll to snap up cheap assets from desperate buyers. With super low debt, your serving won’t be a factor and you will therefore have more discretionary cash to expand asset portfolio. Gold and Silver will keep ticking over nicely in the background 🎉

If you wait for a dip/crash to buy - doesn't the rise in premiums make up for the drop in spot price? Love your honesty.

Hello, my portfolio is diverse, with investments in silver, digital currencies and very little gold , but not as much as I would want. Would like to add a lot of more gold, just not sure how to go about it. Diversifying my $370k portfolio across the markets to withstand inflation is my goal. Can you help me?

you are one of the few who admits that the chaos in the markets leaves us many unpredictable calls. thanks for that!

I think the main price drive for is just because it’s gold. The properties and fundamentals of this product are very strong. And that helps it react with those other indicators.

My three favorite channels: George Gammon, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥

According to reports, Central Banks of the world have been buying gold at record rates. Unlike US treasuries , gold has zero counterparty risk. This could be the ‘why?’

Great presentation George! Thank You.

Great content. ❤

Gold goes up when people are in fear

I think this is why its always a good idea to have 'spare cash' in your portfolio (=money market account), so that if stocks fall especially PM stocks because Gold falls in a liquidation event, you have cash to buy cheap.

George, I love your video's and most of what you say seems to be spot on, that being said, when you talk about gold and don't use a gold chart that goes back to 1970, you avoid how poorly all asset classes have performed relative to gold. You really need to get your head around what happens at the end of a currency cycle. I think Lynette Zang might be able to help you out here. You might even say, you think this time will be different!

Great video as ever George. Thank you

Gold is not meant as an investment, it's for insurance

Thanks George. Precious metals are going to the moon in 2024. Get some ASAP guys,before the HERD wakes up 🏅🥈🏅🥈🏅🥈

Thank you for the update

As a general rule, from an uneducated novice perspective, I used to regard a rise as indicating a global unsettling event and a fall as indicating the resolution of that. For the last year or two, gold has performed in the opposite fashion. I assumed it was being used to cream off large profits, which also acts as a safety valve on price, and I think they'll carry on doing that, if only for the fun of it. I only want the stuff I can hold myself and its yield is irrelevant. Its there for my children.

Gold and silver are set to log an uptrend in their values in 2024, as per the forecasts by UBS, as quoted on CNBC. This expected increase is largely attributed to the anticipation of the U.S. Federal Reserve cutting interest rates probably from May, can I safely invest $220k in the markets? What should I do differently?

I have been buying gold and silver!!! They will be up and down ,but continuously going high…..

Thank you for your honesty!

Loved the video. Thank you so much!

George - You are one of the best economics and finance analyst I have ever heard or read. Thank for you brillant analysis based on Facts and Data - not opinions or conjectures. Your analysis clearly shows you always do your homework and your conclusions are based on logic combined with facts and data. Thank you so much for your providing invaluable analysis for our use! You are one in a million!!! 🙏

Cycles, COT Positioning, and Sentiment are relevant factors in predicting the price movement IMO. An understanding that PMs are manipulated is also very important

George has no idea about gold prices for the future! ...classic George..Love your honesty my man!

I love your straightforward honesty

If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance,but if you want to make your money work for you...prevent inflation

I do agree that just like anything else the price of precious metals should definetly be affected by inflation. Its manipulation that makes it hard to pinpoint. As soon as they lose control of ghe ability to manipulate precious metals like hyper inflation..the metals will do exactly what they are suppose to

Appreciate honesty n analysis

Gold goes up on anticipation for a future need for liquidity, given projected liquidity constraints… then gold inevitably gets sold off when the projected liquidity crunch occurs. So gold is always forward looking as it is low liquidity insurance. Broadly speaking oil prices trail gold by 20 months for this reason, as that’s about how far ahead gold looks. So you buy gold when you think liquidity will get tighter for the next 1-2 years, then sell it just before people capitulate and cash in on their liquidity insurance (thereby selling gold).

Several other factors worth noting that George didn't discuss. The coming implementation of CBDCs should drive more fiat into gold. Also, the fact that many central banks are acquiring more gold, especially China and Russia to avoid US sanctions.

I'm mostly in cash and waiting for this market to re-level on the reality of our situation. Or are there any ways I can avoid a crunch and maximize my savings of $350k? I know election years are positive for the stock markets about 90% of the time.

Per ounce gold real value is more than $10000 if you backed up dollar value by GOLD, so load your bag with some gold folks still the system is compressing gold real value for time being but can’t in coming days.

Thank you. I have been profit from your videos during these years.

Who cares were about to have breadlines soon

it's about investor expectation of future real interest rates, not the current real rates.

Q: I have had stocks in Pension fund in Black Rock world Gold for a year now. How come that when the price of gold goes up, the stocks go down? Love your videos👍🏻

I'm having coffee tomorrow morning, I would enjoy making a cup for you George.

GG is one of the only financial KZfaqrs who aren't stuck using the flawed assumption that trends/patterns of the past will continue into the future.

Didn't gold go parabolic at that time most in part to the spot etf getting approved?

So we didn’t learn anything. Cool.

quick! sell gold and get fed promissory notes!!

thank you for your honesty ;))))) Best Man !!!

Thanks George and rebel crew

The only person that gets rich from gold is the person that inherits it !

Gold is inversely related to confidence in the financial sector and currency. The lower confidence in those sectors, the higher the demand for gold.

Tks George for the video.. but not every one stacks Gold for your reasons given in the video... Generational Wealth... cause GOLD is Money... nothing more .. nothing less ... tks George... cya tomorrow Josh👍

you finally said something worth listening to : " Gold is not a way tp grow your wealth". I ll give you the props George.

Calm down peter schiff

silver bells…silver bells 🔔

I don't think money supply directly correlates to gold price, but is fundamentally involved. If the economy is booming then the increase in money supply or velocity of money goes into reinvesting in the economy, e.g. stocks. But if the people are fearful and the economy shaky, then the excess money supply goes into gold. In the short to mid terms, it's just speculation dictating the price to a moderate extent.

George is right DXY and Gold are not "really" correlated - Gold is an inflation hedge. The DXY is the dollar against other currencies. Gold Vs Dollar. The winner is Gold because it preserves wealth. The problem with the dollar is some people don't know how to trade the derivatives. Gold is Gold. Anyway awesome video

We are currently in a depression. The recession was last year. If you can't see that by now, you are blind.

Despite the Economy break down I was able to earn $9000 while being home with the help of Mrs Evelyn , she is really a miracle worker thank you Mrs Evelyn

You hit the nail on the head man. Good job.

The stock market is a way to protect against inflation. Particularly in the midst of a recession, investors must understand where and how to allocate funds to protect against inflation and still make profits.

I shouldn't have bought that ounce of gold, said no one ever...

C'mon George You didn't really need to make this video. You didn't have much to say.

Solid video George. You the man

George- I believe that fear and hope has alot to do with the price of gold.

We’ve never been where we are going in 2024……😳

Click bait, wasted 13minutes of my life for him to say he don't know

You've shown by example that gold is not market driven! Therefore you've left us to ponder! I think that's where many were to begin with! Thanks George!

Cashed in 2/3 of my gold stash to put down payment on a farm. Sold house in city, moved to said farm. I love gold as much as most of you, but my family can’t eat it. I would say that farmland > gold at this point in time. Take care

There are many things that impact the price of Gold. Some of the variables are the purchase power of the dollar, industrial use, jewelry use, central banks demand as well as other considerations. The real question is should we value Gold in dollars, or are we valuing dollars vs gold? Look for Gold to go up in 2024 to at least $2200. with some dips. It may move much higher depending upon what happens moving forward.

Thanks George!!

The primary driver for the price of gold is interbank deelivery algorithm searching for liquidity. When liquidity builds below or above market price that liquidity is perched and the cycle continues.

Love the honesty! :-)

Over the short term i think sentiment & fear drive the Gold price (as its driven by paper traders not physical buyers, different market really)..personally Ive got physical Gold as insurance against a complete financial collapse & will only sell if needed..ie; I’m unable to access my FIAT currency at the bank (or I’ve run out) 👍

I like your sense of humor, George. No matter what we do, the world still turns and we run into the unexpected.

Physical gold has a growing international demand and acceptance as a component of trade settlement. Traded gold contracts on platforms with insufficient available stocks only sets the paper contract gold price not physical price