gold news

 this is great I love that this is the most unloved trade I'm loving that no one is seeing this incredibly obvious opportunity here are we a peak silver well past it we're absolutely well past Peak silver there's many things that are price drivers for gold right now are the perfect moment in time I've got about 25 things I got to talk to you about today which has to do with precious metals a lot of these things you might not already know so it'll be great for you to see this but what's happening now is

that old is starting to do really well precious metals doing really well and all of a sudden people are coming out of the woodwork and saying what's going to happen next what's going to drive the prices up or what is driving the prices up if you've been here for a while you guys know for years and years I've been talking about this watching this trade play out the whole way I'm even going to show you some of the buying Trends from years ago showing that the central banks were buying so much gold and now people

are saying well that's why Gold's going up now it's why it was going up from years ago to this point this is why this whole situation is set up and if someone's coming along now and telling you what's going to happen next with gold just keep in the back of your mind that there's a fair weather fan I've been explaining this trade for such a long time now and you guys know I have so right now we're going to go through a bunch of stuff that I need to tell you about not just supply and demand but I'm

going to tell all these people talking about why gold is higher I'm going to explain to them why gold is really higher they're all pointing to Central Bank buying trends that's one aspect of it you have to look at the big picture and they didn't know about it before they didn't talk about before now they're talking about it now we're going to talk about all these things that are driving gold prices together they all matter also I'm going back to the studio tomorrow day after that I'll be able to

get into a bunch of content that you're going to get if you're a Peter Lee subscriber and also more videos there as well what is the one thing I always tell you guys a great investment strategy is to invest in the most unloved asset always whatever is most unloved unless it's going to zero so if you're looking at something that's not going to go away like gold then if it's unloved that's a great time to buy into it nothing's more unloved than gold right now except for

maybe silver number one and also gold and silver mining companies obviously is very unloved that makes it the greatest trade that you're going to be seeing for the next couple of years gold is up performing so many other things and about that I want to say and pet shiff I don't know if you guys watched Peter Schiff he did a great comment on this about how CNBC specifically he said the media is just not covering the rise and gold they're talking about everything else but just not gold but there's just

no focus on gold people are missing this and they're and you know what you say it and when I say it sounds like I'm complaining or something this is great I love that this is the most unloved tradeit I'm loving that no one is seeing this incredibly obvious opportunity here let them miss this let let them miss out on it we don't need to try to educate the market we need to invest in undervalued things knowing that the pendulum is going to swing back the other way put yourself in the right

place and then let the pendulum put the profits in your pocket not only unloved and undercovered by the media gold is Nature's insurance I always tell you guys that it protects you from any kind of economic deterioration or Calamity military conflicts political crises gold is always the soft place to land when everything else goes badly gold usually is the safest place among the chaos historically logically demonstratively look at the old gold prices actually I'll show you an alltime chart of gold

price not alltime chart but starts at 1980 I believe and you can see how gold is performed from then until now gold increased at all sorts of times times of Global medical concerns times of military conflicts times of terrorist attacks times of inflation times of deflation gold is the quiet unloved completely ignored valuable asset class and it is actually the only real money for thousands and thousands of years gold has been used as money what you think of as money that's currency there used to be money when the US dollar was

backed by gold but with the US dollar getting off the gold standard that meant that every single currency on the earth is just a fiat currency and with Fiat currencies it's very easy to print more to pay for stuff if you want to win an election what happens then is that every government just does what's best for them at the time and at the time is print more money here's a chart of the recent monetary creation and I'm going to counterpose that or fade in a chart you all time gold chart I showed you

earlier let's put them together let me see if you guys feel like you noticed anything there gold is a play against the US dollar it's a play against every currency every fiat currency which are all in eras to the bottom which I told you about numerous years ago this big race to the bottom there's a lot of value in getting your currency to be less valuable and as it's Nature's Insurance gold is a great play for risk-off investors when there's a riskof moment people move their money into

things like perceived safety such as us bonds treasury bonds money goes into gold safer assets safer stocks when there's a risk on trade that's more like money going into the Magnificent Seven or speculative stocks bigger companies like that risk off people fly to gold and you always think about it maybe you do I don't know I think about it like from the perspective of the US dollar in America but when there's a flight to safety a lot of times that's people all over the world flying into

gold we'll get into more of this in a minute when we talk about some of these Central Bank buying Trends in some of the global conflicts around the world that people are flocking to Gold but what I always tell you also is that with gold there's always a risk premium when War breaks out the risk premium inflates when people are worried they're more willing to flock to gold which drives the price up more demand and we'll get into supply and demand in a bit too but it's also a wonderful way for wealth

preservation and people say well gold just sits there doesn't pay a dividend it doesn't do anything it just sits there and they always never say the second part of that your gold is is sitting there you're going to be loving that when everything else is going down around it when stocks are crashing cryptocurrencies are crashing real estate's crashing the economy is on life support when that happens gold just sit there that's what you want it to do you want it to just stay there preserve it's

even better when you want it for preservation you want it to remain where it is even better if it keeps going up in price while you're sitting there waiting for it to preserve your wealth it's increasing your wealth that's what we're experiencing right now and what we're going to experience next is all of the mining companies finally being treated with respect by investors because they're gradually learning what they haven't learned all this time time because there wasn't enough focus on it

there was focus on gold that you saw cuz you're here talking with me but there's not a big focus on it in terms of financial coverage it's just another commodity that they mention if they're talking about Commodities but where a lot of these fair weather commentators are pointing what we're pointing at years ago that we showed you directly is the Central Bank buying Trends central banks all over the world not in the western world but in Asia in Europe South America central banks all over the

place are buying gold because they're understanding the value of having some money besides your currency I'm going to show you on screen quarter four last year gold buying Trends in the top countries were turkey who bought 61.21 tons of gold China about 42.86 tons Poland about 24.9 tons those of the top three in quarter four last year and there's many many more countries beneath them that also bought gold that just didn't make the top spots who sold the most gold now remember the top Gold

Buyer bought 61 tons the top gold seller who sold more gold than any other country in the world quarter four last year Kazakhstan and they sold 15 Tons 15 Tons top seller top buyer bought 61 tons you you're going to see that in almost any quarter over the last numerous years which is why I've been talking about Central Bank buying Trends all this time if you look at any quarterly period you're generally going to see much more buying than selling it's been this way for a long time there

are some quarters where there is more selling than buying but that's an outlier that's an odity a rarity I went back to an old corner just to show you an example of back in 2019 for example I could go to any I looked at a bunch of these just to decide which one to pick out I picked up this one because it was a good example of what the trends have been like almost all this time each quarter is a bit different the countryes the numbers buying and selling difference but quarter 1 2019 Russia 55.2 7 tons China 32.97 tons

turkey 31.95103 bistan they sold 8.09 tons so Supply 8.09 tons demand 55 32 31 tons and those are just the top ones there's more countries too that also gobbled up gold and when you go back further you're seeing Russia every time Russia every time always going to India going to China all this gold is moving that way they are going to be the really big winners in terms of economies going forward because they're making the right move now I tell you about how the US dollar is losing its Reserve currency

status and I've heard Jim Rickards a few times say that special drawing rights or sdrs are going to become the new world Reserve currency you said possibly that's what would happen and the thing is that I don't see it working that way I see it that gold is most likely to become the new world Reserve currency because it is money you don't have to do anything it's already set up but as the US is losing its Reserve currency status there's a chance that the new bricks currency is going to be one of

the things that might replace it because and I told you in a video ages ago that when the bricks have this gold backed currency and the bricks nations are growing in number by the way I'll get into that in a second but this gold backed currency will actually be money again it will be money because it's backed by money but you guys know the top five countries of the bricks since then they added Egypt Ethiopia United Arab Emirates and quite notably Iran now I want to say something about this it's being said that United

States has ever gone to war with a country with the McDonald's and that's kind of I don't know if glib is the word I don't really know what that means but it's interesting because the reason what they're saying is that or why that would be is because when you intertwine your currencies or your economies there's a lot of value to go and destroy or fight another country if your economies are all linked up so having a McDonald's is a demonstration that there's also other

things that are American companies in that country and their businesses in our country so if you think about it it makes it most likely that countries with a common currency are going to stick together so you've got Iran China and Russia which you may call enemies of America I'm not saying that but if their currencies are linked they're very likely unlikely to go to war with each other also very likely to stay together in times of conflict the dividing lines of the sides and a big war would be almost certainly aligned

with the currencies and you might have heard the term peak oil when we explored and we're producing the most oil we ever will and then it declines from there each year there's also Peak gold are we at Peak gold it's debatable but it doesn't matter that's what I was trying to tell you guys it doesn't really matter what matters is are gold pric is going to increase and I'm telling you that whether we're at Peak gold or not are we at Peak silver well past it we're

absolutely well past Peak silver every year the difference between supply of silver and demand for silver that's a deficit of hundreds of millions of ounces every year every year and we're just not producing enough silver and we're not able to produce enough silver part of the problem is that and it's not a problem but part of the issue is that silver gets used up a lot more whereas gold is considered mostly a precious metal so you buy it for savings if you're a central bank preserve your

wealth stabilize your currency stabilize your nation's economy in the eyes of the rest of the world silver is more so used up for industrial purposes things like medicine Electronics coins Metals photography jewelry silverware here's a chart on screen from the US Geological Survey showing you the relative uses of silver but gold is also used in a lot of industrial uses as well coins Dentistry medicines Aerospace Electronics jewelry drugs pharmaceutical drugs and chemicals even Electronics

so there's a portion of gold that's being used up unrecoverable some of it not all of it most of it every year what you have is a push higher in prices because of the Demand Being greater than supply for gold because of a lot of the uses and also because of global insecurity and also because of the demand from the central banks all of that is pushing up prices of gold that's what's happening there's many things that are price drivers for gold right now at the perfect moment in time and

add to that that we are beginning a commodity super cycle where it could last more than 10 years where all Commodities are going to be increasing in price and I bet that you believe that is also accurate I bet that you believe that Commodities are going to keep increasing in price especially if you believe in inflation and inflation can cause commodity prices to go up commodity prices going up can also lead to inflation Vicious Circle vicious cycle and going back to the fact that a lot of economists and financial pundants are

not really aware of gold or they don't have on the radar they're playing it safe they always say yeah I have 5% of your investments in Gold that's ridiculous if you saw my portfolio the stocks that I own that I sent out to Peter le.com subscribers quite recently you'll see that it's a lot of gold mining companies silver mining companies oil and gas companies have got plenty of physical pure precious metals and I can't tell you not to listen to a financial advisor or so-called expert

who tells you yeah have 5% of your money in Gold I can't tell you not to listen to that I'm just saying that I pinpoint to invest and I know that or I believe that gold prices are going to increase and that's going to lead all the mining companies that are not going to benefit because of their exploding profit margins and so I put a significant amount of my money my own personal investments into gold and if you're a Peter leads.com newsletter subscriber you will have seen that for a while we

talk about all kinds of stocks all kinds of stocks but there has been a bit of a preference towards gold mining companies and precious metals companies over the last couple of years because that is what is representative to us of the best possible Investments that'll turn a few hundred dolls and do a few ,000 and now you guys are seeing that this is all playing out now the price drivers for gold are numerous and they're all coming together at once do you feel like there's a bit of military conflict escalation

worldwide lately do you feel that at all do you see that at all this is pushing up gold prices you have to protect the people that you care about the way to do that and I assume that you're one of the people you care about you want to enrich yourself rather than lose your money one of the ways to do that is to be accurate and insightful about what you invest in where you put your investment dollars and you guys know that I put out a big article about 11 ways to know when to sell an investment and you're asking

because a lot of our precious metals companies are just going through the roof but do not sell them yet in my opinion this is the beginning of a commodity super cycle this is the beginning of gold prices finally being noticed by people I think it's funny how gold keeps on going up higher and higher and higher and then the media just keeps on not talking about it it's like they don't want to admit that gold exists but they're eventually going to have to it we'll be sitting here laughing because

they eventually have to break you can't ignore it once it gets so big that it's larger than a lot of other things or once it is the best performing asset class of all over a year over two years over the next 5 years in the short term we'll have a little bit of a pullback just because because gold prices have gone up so much so quickly silver as well but the mining companies are still well behind the curve where they're going to go is going to be significantly higher in my opinion and you haven't

missed the boat yet but you could have been on the boat a while ago if you guys listen to what I say and I know I don't always get things right I got this one right and you know it and it's going to be the biggest trade of any of our Lives it's a great way to make sure that you're going to be able to take care of yourself and the people that you care about that's why we're here talking about this this is why you guys are learning that I don't lie to you I don't mislead you this has all come together

over a long time frame and it's going to be one of the most significant trades of just about any of our lifetimes and you guys know that if I tell you something that I believe it I'm telling you what I'm telling my family and friends what I'm doing myself you know I'd love to keep everything we do on the Peter leads YouTube channel sponsorship free advertisement free and with no hidden motivations I want to keep it that way the way you can help that happen and get even more videos like this please

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