gold news

 we got some financial news that came out literally this morning plus we have to talk about the massive 5% spike in oil yesterday I also want to translate certain portions of Charles to gall's speech about gold and real money and the way that America was ripping everybody off so that you can hear it in English and if you're a subscriber to the Peter leads newsletter is a very important thing I want to tell you I'll tell you at the end because not everybody's a subscriber to my newsletter if you are

make sure even if you skip ahead right now go to the end of the video so you can hear what I have to say about the Peter leed's newsletter I believe the stock markets are going to have their day I do believe that the higher they go now is just going to be the greater the height that they fall from so markets go up 5% it's not going to make a difference at the end of the day unless you're going to capitalize on that day trading moment it's all about syntax it's something I learned from Tony

Robbins where you could say the dog bit Johnny or you could say Johnny bit the dog and it's the same words put together just in a different syntax in a different order and it has a totally different meaning so how to play this as the markets do soften pretty soon is about trying to find the right timing I'm not even trying to do the timing I'm just understanding that this Market's going to be coming down and until it does it's just getting close to the point where it's going to come down

and if it goes up higher it doesn't make a difference in the scheme of things and I expect that the markets when they fall they're going to take down almost every stock significantly over 50% probably 60 70% but gold prices and gold stocks will not be one of the ones that fall in that first wave but I believe that there will be a time to cash out all your profits from the gold stocks and move that into some of these highflying magnificent 7 stocks that are not going to be trading at such a lower price but I was putting

out a special alert to subscribers yesterday and I was talking about all the stocks we've mentioned about gold mining Silver mining precious metals and it was amazing to see how many of them have doubled or tripled on a list of 20 I said here's the ones that are still in good buying ranges and I think there's only two or three of them almost all the others are either doubled or tripled since we started talking about them which is an example of when my strategy of what I do not for you to do but what I do is I pinpoint

invest and I said years ago that gold was going to be the best performing thing to invest in gold mining stocks are going to be the best rewarding investment and I put everything into gold certain select oil companies and also some silver mining companies for now it's not forever it's just at this time and it's being proven out so far that yeah this is a time to buy gold and it is the time to buy silver for sure right now and like I always tell you if you're waiting for the stock market to come down

whatever you're waiting for just wait everything that's going to happen is going to happen I'm just watching it approach and Fernando sent in this chart about all the different countries and how much gold they have in their Holdings and it reminded me of the time I showed you that chart before and I wanted to say here's the interesting thing that China by purchasing about 1,000 tons of gold which they buy three figures in gold from quarter to quarter sometimes sometimes they sell sometimes

they don't buy anything but they have had 3month periods where they came in over the top and purchased over 100 tons of gold so for them to get about a th000 more tons of gold what does that do it would put them in the place of being the third largest gold holding country in the entire world and is that what anybody goes for I doubt it I don't think China cares that much but it's not nothing it's not nothing they could easily overtake Russia France and Italy and if they want to push it a little bit

further they could overtake Germany and become the world's second largest holder of physical goal and I would say that normally countries don't care that much about that kind of of ranking but right now China is trying to usher in this new gold backed currency the bricks currency and a big part of showing that your economy is stable is having a lot of stable assets and it's going to be backed by gold so they have to own a lot of gold that's why India is buying so much gold Russia's buying gold everybody

except just about anyone in North America is buying gold maybe not in Europe either yet but that is all starting to change people retail investors are getting more aware the fact of what precious metals are and how they're going to help you benefit precious metals like gold are some of the best performing assets of all so far this year and it will be going into next year too especially silver as you guys know silver mining stocks will do really well but remember there isn't a pure silver Mining Company if you mine you're

crunching up a lot of rock you're looking for copper you're looking for gold you're looking for silver if you find diamonds you don't throw those on the garbage it's all about processing The Rock just going through all the rock and pulling out all the valuable Commodities from it in Truth no one can see how one could have any standard other than gold and yesterday oil prices went up 5% this leads me into my oil Spike and fade video I keep talking to you guys about it's playing out almost

perfectly every time there's a massive military event oil prices Spike meaningfully dramatically strongly and then when that stops they're continually slowly being pulled lower you us job creation total 254,000 in September much better than expected this is from CNBC the US economy added far more jobs than expected in September pointing to a vital employment picture as the unemployment rate edged lower the labor department reported Friday so it's all good news it's all going the right way I

keep showing you guys that the unemployment rate is rising and I tell you that even if it stabilizes or strengthens a bit it's going to continually rise into the recession but not seeing the recession yet people are still talking about a soft Landing some people might suggest that perhaps we're kind of ignoring the risks complacency in investors is one of the number one things it leads to a stock market crash consumer confidence is a contrarian indicator when everybody is thinking that the next move is higher

that everything's going to go up that there's a plunge Protection Team that's when you're most at risk you can measure complacency by looking at the fear index or the fear gauge the vix volatility index non-farm payroll surged by 254,000 for the month up from a revised 15 159,000 in August and better than the 150,000 Dow Jones estimate forecast the unemployment rate fell to 4.1% down 0.1 percentage point and here's a screenshot of the monthly job creation Saudi Arabia has a superpower

not only is it the largest exporter of crude oil in the world his production costs for oil projects are also the lowest in the world at around just $10 per barrel but that number is rising it's not $10 a barrel anymore it's more like $96 a barrel according to this article from CNBC but still their numbers are a lot lower than a lot of American companies so they can easily take on more market share and put a lot of pressure on other oil production companies or nations by increasing the supply that they're allowing not only

from themselves but also from other OPEC members and as always I ask you to become a Peter leads Insider Peter leads.com insiders you get direct contact with me plus a special newsletter plus you keep us adree and you help us produce videos just like this one for you so if you're a subscriber to the Peter leads newsletter I need you to do something check your spam folders for any messages we're sending out we're putting out at least two sometimes four alerts per week so if you're not getting two alerts

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