Summary:
Even if you disagree, I think there is a lot to learn from this. 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Even if you disagree, I think there is a lot to learn from this. 
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Jodi Beggs writes Economists Do It With Models 1970-01-01 00:00:00
Mike Norman writes 24 per cent annual interest on time deposits: St Petersburg Travel Notes, installment three — Gilbert Doctorow
Lars Pålsson Syll writes Daniel Waldenströms rappakalja om ojämlikheten
Merijn T. Knibbe writes ´Fryslan boppe´. An in-depth inspirational analysis of work rewarded with the 2024 Riksbank prize in economic sciences.
Even if you disagree, I think there is a lot to learn from this.  |
10 yr T rates is rising despite rate cuts same goes for longer duration … something doesnt smell right and gold is sniffing it out
Based on one day?🤣
@@AnberThe Try since the day they lowered rates 😂 😂
@@AnberThepm’s up 30% this year.
could you provide some data or at least the source where you getting the data from: for producers shorting and speculators being long on gold? Thank you.
I have asked this exact question few times before and he never answered it
Look at the commitment of traders releases every week from the cme and you can see the positions of speculators vs commercials. The problem with using this exclusively is that this shows the positions of futures traders. It does not take into account countries buying physical gold. It does not take into account people around the world (Chinese buyers) worried about their purchasing power as they see their property values decrease.
producers may be shorting because their earnings are not that great despite record gold prices, i.e. Newmont net income losses for 2022 and 2023, Barrick net income worse than 2019-2020 etc.
That's funny, I was just watching doc about the historical significance of hurricanes in Florida from back the 20's. Long story short, buying a home in Florida is risky at best. Thats' why home prices there are histoircly stagnant for the most part until recently. I guess people have short memories.
speaking of FOMO, you bought NVDA at $115.
I’d rather go all in on gold than the scam of the century. The real speculators are the one buying nods a company that has a 20 year plus history of committing financial accounting fraud.
Nvda
Guy speaks on both sides of his mouth. He says he's selling and waiting and next video talks about sticking to his guns and doesn't trade.
Yup
100% I think he believes his analysis and doesn’t see these technicals
Are you also bearish on the cryptos?
Gold will continue to go up at least until the us election.
When Mike speaks, I press LIKE.
evening, mike
I’d like to see debate between you and Peter Schiff on golds value and future price behavior. I think I remember seeing a video of you two duking it out around 2007-2008. You said everything was fine and dandy while Peter was sounding the alarm in the economy and stock market. Peter won that battle. It’d be nice for you to get another shot at Peter.
True but his track record still is better than Schiff
@@Cyrus992until it’s not lol. Peter actually understands economics and isn’t trying to score short term points. Everything Peter has said since 08 will eventually come to fruition.
@@CooperWolfe-pv5fu He predicted a dollar collapse and gold going to the moon since 2009. A broken clock gets it right rarely
Gold etfs in the united states ie gld and gdx have actually seen outflows over this year while price has been rising. It may have changed somewhat recently. But gold isn't as crowded as you might think. While defintely is the markets crash gold will go down but so will everything else and gold will fall less and recover quicker than other assets in my opinion
Thank you Mike – please stay safe
❤👁
I watched your videos many years ago where you argued that fiat countries can print their way out of trouble. And I said "sure" , just watch what happens to the currency value.
money printers steam rolling bears
At what point do people realize that printing money and injecting it into stocks doesn’t create value or wealth?
@@CooperWolfe-pv5fu it isn’t a matter of whether it creates wealth or not. It’s a matter of fact for the individual who is speculating and profits from it.
As the global economies crumble, the USA will see capital flight the likes that god has never seen. Equities bullish, hard assets (real estate, commodities), bonds bearish as the flight to safety hits the treasuries. Not to mention Fiscal to the Moon!
I'm down here with you brother. Good day for the sailboat. I can make good time to the Bahamas.
Geopolitical risk is driving the price of gold, if you ask me. As long as those risks remain, I think it will continue to rise. If Trump is elected and he's able to calm the situation in Ukraine, I think gold could crash back to $ 1800 to $ 2200. It's not about interest rates.
well if they have a large short position the producers it could mean they are sold out into the future even. Well if demand continues to climb due to fomo it could drive the price a lot higher
Norman is right again. Gold is starting to struggle…miners are a short
Where do you park your cash on the sidelines where it remains liquid and ready to act?
Now that copytrade is free I just wish everyone one can focus on it and benefit from it too. Menon is really doing a great job and i am just giving him the recognition he deserves