Silver & Gold Surge On Iran Peace Deal - (Can We Trust The Rally?)
Video Overview & Insights
Silver & gold stage impressive rallies on peace deal news, but can we trust the rally? A looming oil crisis could have dire implications for markets, including the precious metals.
Sell the rumor and buy the news on oil. Spot (price) on!
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Having worked in management for 4 major oil companies over 40 years, I am an expert on production and pricing. The US continues to produce 90-95% of our daily usage. This production will continue regardless of geopolitics. And US demand is also fairly inelastic - ie. we continue to burn/use about the same amount every day of the year (with some increase seen in the summer). "Shortages" per se are a total fiction for us here in the US. And "supply/demand" price setting is also a fiction. While high gasoline prices may curtail SOME [summertime] 'vacation' driving, it is negligible in the grand scheme. Oil companies continue to produce the same amount as always (about 14 million barrels/day), and demand remains fairly constant; any other 'news' is hyperbole about shortages, and 'low supply' price increases are oil industry marketing points. But yes, the rest of the world is and will continue to see a huge (15%) Persian Gulf volume reduction and resulting [shortage] price shock.
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It’s gonna drop to $50 and stay there for about 10 years
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Jeremy scahill has been pretty on point with his reporting so far. Basically, the “peace deal” is trump not understanding what part of the negotiations he’s in. War is likely to continue.
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so long the $50 doomsters...
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#silver #gold #stackingsilver
Its going to drop to $50 and stay like this for a good 7yrs
More User Perspectives
At this point i would believe the messaging from Iran over that from the WH.
@NorthGAPreppergold will go down to 3500-3700 in next couple weeks,thats the rock bottom
@Stefan-yu1pvLemoon Pledge, Noooo
@StealthMotorcycleWhy would anyone believe Trump saying this for the 40th time when Iran says he's making it all up?
@trevorgilchrist8516Don't waste your money on gold backs
@paulcatherine7293What number peace deal is this? Seems like its a new deal every week. My new plan, every time they push a deal. Its falls apart. The metals drop. Buy the dips.
@Robert-MSgt-RetiredYe gold needs to close above 4.6k and silver 73 that's when we can talk about a new renewed run.
@HorcsoggYe but the market doesn't care about oil reserves that are slowly being drained. All it cares about whether there is war at the moment and when the blockade will open up. If the blockade open confirms oil is gonna tank down to 60s. May rise again in the future now, but the near future oil price wants to correct.
@HorcsoggWithout even watching it, I bet the prediction is: stocks will either go up or go down😀
@MultiSniper38Are we calling today a surge?
@paul11273Thank you for your video..... The increasing price of gold and silver is bittersweet. Our financial system is becoming very unstable as is the world. If bonds are really starting to unwind, it’s a serious red flag for the broader economy. Gold has always been a safe haven, sure but in today’s world, crypto is becoming the modern version of that hedge. It’s decentralized, global, and not tied to the same fragile institutions that are cracking under pressure. I still respect gold, but let’s be honest Bitcoin has outperformed almost every asset over the past decade. Grow a Portfolio of around 87k to a decent 675k in the space of a few months.Thanks again, Alison Bruce for the regular insight&signals,....
@TonyPowells-i8wTrump For 50th Time:
We are currently finalizing a peace deal with Iran, but just after we attack them a little bit more.
Me: GFYS.
It will fall further
@kenwalz7577As always, Gold, BTC, quality global stocks, yes, however not property, if the U.S. dollar gets hyperinflation everything becomes worthless in that country, only global assets survive. Yes assets will go up against the U.S. dollar, however the U.S. dollar would become worthless compared to other currencies or global assets. As for property in the U.S, property is a national fiat asset, it would go up in value against the U.S. dollar, however not in other currencies or global assets. .. Anyone feeling the impact of these economic shifts should consider Crypto long-term trading strategies to protect their assets. My advice to anyone feeling the heat in this inflation, just trade long term more than ever, .managed to grow a nest egg of around 100k to a decent 932k in the space of a few months.Thanks again, Elyse Charlot Barker, for the regular updates,.
@DavisBarry-f8hどんどんとゴールドとシルバーを買いましょう。シルバーは安過ぎです✨シルバーは200ドルが妥当です😊
@refine3714Exactly not a surge
@peterbodnarchuk1Any big dip in oil will be bought…by yours truly
@FamilyofFour30Good Show !!!!
@BrianNolfEven if a deal is signed we don't know if things go back to normal ever again. Looks like Pandoras box to me.
@andtewvasilakis9103Liked and hyped SSS!
@itfitzmagic750 dollars to pull gold 20 dollars to pull silver . Platinum gets to 1000 that will be the best deal.as of recent besides rhodium
@StevenTripp-e2vHave reduced normal allocations each pay period and have moved to overweighted in dollars to take advantage of the under 4,000.00 and 60.00 levels but certainly not waiting it out completely...CPAveraging.
@gonzo8134Trump is engaging in legalised insider trading. If he has announced peace 39 times with no peace, and each time causing significant market movements, then this is clearly the case. In WW2, when peace was announced there was peace full stop and it happened once
@emmdee7552I appreciate all the news that smart silver stacker Reports on However His taste in bullion is lacking to say the least His two favorite Items are junk silver and goldbacks If you ever Need to sell these are the Worse things You can bring into a coin dealer You're gonna get way under spot for your junk silver and I don't even know if they will take gold backs At this stage in the game everybody should only be buying 999 silver and gold And preferably Stuff that has aesthetic appeal because believe it or not Dealers like Bullion with aesthetic appeal and they will give you more for Coins Than Generic silver to say the least But you'll still get more For 999 generic then you will for junk silver And I don't even think any of the major dealers will buy back goldbacks Correct me if I'm wrong
@slowride9994Back over 100$ by July 8th
@DanHoag-p8vAll my paper that is on the table is in oil.
@willjohnson3907Silver had a great comeback today, picked up about half the week’s falls. I’ve about a dozen Silver Miners, they all picked up heaps. All coincided with the moment SpaceX took off.
@peterbaron1632A forecast as clear as mud. Any comment is a good comment for the algo, though.
@jstriker623I’m buying this stuff for future decades. Couldn’t care less about short term volatility😊
@5150RockstarI would say $70 would be a surge and It didn’t break that.
@daviddavey1727The stock market and metals are going to have continued volatility until Trump dies, is removed from office, he leaves office, or he gives into Iran’s demands. Iran will not end hostilities until THEIR money is unfrozen, the US will not take possession of enriched uranium and they get some sanction relief. Trump says those are non-negotiable. Iran also says those are non-negotiable. So how can they possibly get a deal. Also, they are demanding the money up front bc they know Trump is a liar
@ryanra44People underestimate the Iranian's innovative capabilities and always attribute their counter measures to Russian and Chinese aids. They are more industrialized than most people realize although most of that centers around military sector out of need to survive against the West.
@ibvoceanThe FED can't do anything, so will do nothing.
@FloydThePinkUp 65 cents for the day is hardly a surge.
@BlackBeard_808Oil bullish? i would say with the draw down yes but what do I know
@RobertLee-n3bWe are less than 5 years out from a new monetary system. Thats all that matters. Buy what you can afford so you have powder for the reset. These high and lows are intentionally designed to drain you and make you quit. The only question you need to ask every month, is did I save metal? If yes good job you've done better than 95% of the nation as an American.
@ThatsRNGI don't think Trump's playing the markets like a fiddle, exactly. More like a kazoo
@coffeecupmanIsn’t the SPR stored underground?
@fastwest433Consolidations can last years for metals.
@Wileytiger-el6pu> dumb silver stacker here.
@thewuggening9993There was a surge ? Did I miss it ?
@WickedstickyflowersExcept for the Biden low!🤣🤣🤣
@robertdudley9311It ain't over till it's over.
@rondent6875