New Bull Market for Metals: Miners and Silver Lead the Way – Ronnie Stoeferle

Video Transcript

Welcome to Big Money Investing
Your Ultimate Destination for Learning From Big Money and How You Can Succeed Too!

Are you ready it to the next level?
Investing into sound investments like big money does. Subscribe to the Big Money Investing Channel

hey everyone I’m Jeremy saffr this is Kiko news don’t forget to hit that subscribe button for the latest now today on the show we break down a new report on gold and what it means for investors geopolitical tensions like of course the ongoing Russia Ukraine conflict and the recent conflicts in the Middle East have rattled markets and sent shock waves through Global Supply chains and inflation rates remain a concern with the US inflation rates still quite high in similar pressures seen globally all this while central banks around the world have been amassing gold reserves at an unprecedented rate with the purchases by central banks reaching a 55-year high in 2023 totaling over 1100 tons now this report right here the 2024 edition of In gold We Trust explores critical topics such as a dollarization Trends uh with countries like China and Russia significantly increasing gold Holdings the potential for gold in a high inflation environment and additionally the report touches on emerging Trends such as the bricks Plus expansion and the implications for global trade and the currency reserves now to help us make sense of all of this including myself and what of course it means for investors we have Ronnie stle did I say it right Ronnie joining us of course today from Austria there we go now Ronald is the managing partner at incrementum AG the fund behind this report and of course he’s also the co-author hey Ronnie I haven’t seen you since Vancouver my friend uh welcome back to the show good to see you again thanks for having me Jeremy and and thanks for not butchering my last name you did tremendously well I’m trying I’m trying I’m trying to make sure that you know my my German relatives understand that I can at least speak a little bit of this uh okay let’s let’s break it down here let’s talk about the big report in Gold We Trust Ronnie we talked about it back in January we’ve been waiting quite a while for it I know it you know you put pen to paper for quite a while and of course it comes as we see major geopolitical and economic changes of course I mentioned Russia Ukraine conflict you know Rising inflation worldwide um I’m curious before we go into it though what are you seeing in the market right now is is this trend real and what are you trying to highlight in the report give us a little lay of the land if you could well Jeremy I think that um I I I think that first of all I think it’s it’s it’s crucial to understand that we’re now in the uh in a new stage of this gold bull market um what we’re seeing in markets is is is classic early bull market action we are seeing that miners are uh really leading the price of gold they’re outperforming gold we’re seeing that silver is outperforming gold we’ve seen that the gold silver ratio uh for example broke a trend line to the downside uh and is now trading at the uh 52 um weak low we’re seeing that Commodities uh really start performing well uh not only copper but but also um some agricultural Commodities so so so it seems really that that we’re uh in a new stage um of this of this bull market now um I had a look at the chart before and uh you know last year’s in goldber trust report was called Showdown and we said there there there will at some point be a showdown in the price of gold because we’ve been flirting with this $2,000 uh um very important from a psychological point of you um price level for quite a while actually the price of gold was consolidating for almost 4 years in in that price range uh and now we finally broke out of that range now if you have a look for example um at the previous big bull market um and when it moved to another stage of the bull market you can tell that well actually the the the Thousand uh range or or this critical level we reached at first in January 20 uh 2008 uh and then we tested it a couple of times and then only in September 09 we really broke out uh and then we’ve seen an an impulsive move up to um um almost $2,000 within basically two years and now it seems that we’re seeing something simil similar but at a larger scale probably so it took four years for this consolidation pattern um to actually uh um get resolved and now we’re really moving into an impulsive move that is um clearly also being led by by ctas by managed Futures by momentum players we’re seeing that the Western World actually hasn’t joined the gold party yet yeah so lots of moving parts and and we try to uh uh explain the most important factors for the price of gold in our report this year 440 pages so it’s a it’s it’s a pretty pretty extensive read as always it is it is but it’s a good read and you know I I have the uh the compact version here in my hands and there’s some really interesting ones but Ronnie obviously we’ve seen what’s been happening in the world uh we saw after covid you know we got inflation kind of setting up the perfect storm for gold but what’s surprising you here well I think the surprising thing actually is that um you know the price of gold doesn’t act like in the old Playbook and and you know this is this is the light motive of of this year’s report um I said together with the team you know there are 20 people working on this report it’s not just just me writing this piece obviously um but we s we sat together with the team and said well actually you know you know real interest rates are are surging uh we’re seeing that inflation is coming down while while interest rates are are are going up this actually should be a pretty pretty negative environment for the price of gold but but still it’s holding up so well then we’re seeing that um you know um the Western World Is Still experiencing outflows when it comes to ETFs just last year year we saw 280 tons of outflows from from the ETFs primarily from the Western World so we said okay like you know a good coach in in in in sports be it uh American football um hockey or or or soccer my favorite sport um you know you have to adapt your your playbook um you have to modify it according you know to the strength and weaknesses of your opponent um according to to the general environment uh of the playground but also to your own strength and weaknesses and so we said okay actually it seems that there is a a new playbook um in the gold market which is primarily being dominated by the uh enormous gold demand coming from Emerging Markets this is a trend that we’re explaining for a while but I think it’s it’s that’s that’s that’s really um the most important Drive I think the marginal Gold Buyer isn’t in the western world anymore and uh therefore you know I think we in the Western World should realize that the price of gold isn’t primarily being influenced by London New York and surich anymore but rather by Dubai which is 25% of all gold trade um Shanghai and bumbai I I think therefore it’s for us it’s much much more important to really really uh analyze demand drivers in those countries yeah you know you talked a little bit about the East versus West we’ve heard lots of narrative about this we’ve also talked about it and you’ve talked a lot about dollarization you know with countries like China Russia boosting their gold reserves many experts think that the US dollar dominance is too strong to be seriously challenged but are we overestimating this shift well I think before the dollarization there’s going to be a de euroization um I think that the the the dollar is still clearly the how do you say the the the least dirty shirt in the in in in the laundry basically uh we’ve got a fascinating um U discussion between uh Louis vent gav and Brent Johnson Mr milkshake in in in in this year’s report um and both are making great great cases for dollarization but also for dollarization and and I think you know um it’s it’s important to say that first of all this is a really long-term Trend um does gold play a mo major role in this dollarization um story I think yes but but sometimes it’s it’s a little bit overestimated but you know just some numbers um um the reimi for example the rimi share of global trade settlement historically it was roughly uh 1% um in September 2023 uh it Rose to 4.6% uh so basically um up significantly and it seems that uh we will be going to 5% uh over the course of this year so it is a move it is still tiny compared uh to the US dollar but then of course um China is facil facilitating uh the the internationalization of the of the of the reimi via the the the Bon Road initiative which now includes you know 150 countries and 30 International organizations uh um there were like 200 cooperation agreements um being made uh just in the last two years um then we’re seeing obviously that the relationship between China and Russia is getting closer and closer it’s no coincidence that you know the the the the very first trip abroad uh after the reelection of Vladimir Putin um he went straight to um to China and you know the um the images that were were transported with this um kind of awkward hack between uh xiin ping and Vladimir Putin I think that’s that clearly shows what’s going on um China is by far um the largest gold producer it’s now the largest gold consumer Russia is a significant player um uh both on the on the production side but also on the consumption side so it is obvious that I would say like the the emerging markets in general being like the small small brother that is is growing up and it’s getting stronger and stronger but it’s it’s not taking it’s not being taken serious by the Big Brother um and I think the Western World at some point will have to realize that um you know the the the the smaller brother has grown up is getting stronger and stronger this is you know the region where uh the growth is where favorable uh demographics are whereas um in general lower depth with the exemption of China obviously and it’s also a region that is um has a traditional gold Affinity so um you know China and India alone are responsible for more than 50% of all gold demand if you put in uh you know the uh Arabic countries if you put in uh turkey uh Russia you end up with 2/3 up to almost 70% of all gold demand coming from those countries and it’s not only gold demand but also the majority of gold production so so I would say you know to to answer your question dollarization is a topic it’s a process we’re seeing this um politization I would say of um of Golds it’s no coincidence that you know after the invasion uh of Ukraine um and what followed obviously you know the Western World basically saying with the stroke of a pen that uh the Russian um currency reserves are worthless it’s no coincidence that since then um Central Bank demand has tripled MH so um I think this is really uh one of the major long-term drivers of the price of gold I would say that central banks really have put in a floor under the gold price yeah absolutely you know some say that this could be a strategy to undermine the US dollar do you think that there’s a bit of a hidden agenda here or do you think that you know America is just not watching closely enough ah I wouldn’t underestimate uh uh uh Americans and and American politics I think that’s it’s it’s something that’s that’s that’s pretty obvious the the the question is if they can do anything about it yeah um so and and and it’s also you know it’s it’s like in the conversation that we have in the in the in uh in the report uh we say it’s basically like divorce that we’re seeing uh between the Western World and kind of the emerging markets and of course there’s some countries in between but but it’s like with every divorce um um you know there’s there’s basically only only losers and in between there are often you know the the the kids that suffer the most so um I would say it doesn’t have to be a really nasty divorce yeah but but I don’t see really anybody winning in such a divorce the the big question is how long it’s going to take um Louis and gav makes a makes a brilliant analogy where he says that um the US dollar is like is like Microsoft Windows where you know everybody’s complaining about uh windows but still uh it is by far the most important operating system and if we would switch to another system um it would be costly um it would take quite a long uh time um and then actually the new system would have to be 10x better so um currencies are network Goods like languages are are network Goods uh and the global Reserve currency is obviously also a network good so therefore um I don’t think that a field currency will actually replace the US dollar as the world uh uh um Premier currency I think it’s going to be at some point uh there will be some sort of a reorganization of our currency system and it that that sounds like you know um something dramatic but if you study history and I’ve got so many history books especially about uh um uh you know historic episodes of of currency reforms uh and hyperinflation it’s just something that happens every couple of decades so um and the gold always played a major role so it’s no coincidence that the major players um you know us holds more than 8,000 tons of gold um the eurosystem holds 12 ,000 tons of gold the IMF holds 3, 300 tons and the Emerging Markets are buying gold like crazy so I think that gold within this big picture reorganization of the world currency Reserve will play a major role and everything everybody’s preparing for that yeah Ronnie I mean it’s been such an incre incred I was going to say incrementum and it kind of is but an incredible thing to watch uh but you know the report uh mentions that there’s a gold image problem in the West where it’s often seen as a little bit outdated you know the younger investors missing out on Gold’s value is it because of this perception how can gold compete with the appeal of tech stocks and these modern Investments that we’re starting to see even on the Bitcoin side yeah well actually you know um if if you just have a look at the at the performance numbers of of gold I mean in US dollar terms we’re up 133% this year we’re up uh 12% last year in in in Euro terms we’re up 15% year to date in Japanese Yen terms we’re up 26% year to date we’re up 20 we were up 21% last year um so so if you just have a look at the performance numbers uh it’s pretty obvious that the price of gold did tremendously well it’s by far the hardest currency the strongest currency um but but from my point of view it’s it’s not the price of gold that is rising it is rather the purchasing power of Fiat currencies that is just falling at a faster Pace now and it’s you know it’s Jeremy it’s not only the price of gold Rising nowadays uh it’s also also of course equities it’s as I’ve said previously it’s Commodities um it’s Bitcoin obviously so we’re seeing some sort of a um we call it a dbond isation or um Bank of America called it ABB anything but bonds I think this is really the the elephant in the room um investors realizing that that inflation is actually quite stick and that perhaps uh um a second inflation wave um could already be building up and and then obviously you you you would prefer holding uh gold Commodities and and and and equities over over uh over over bonds um so so this is one part of the story and and I think the topic that um that you mentioned this this kind of image or marketing problem of gold in the Western World I think this is really important for for us also in the Western Gold World because first of all this is something that is um only being experienced in in the Western World so if you like gold you’re uh in Germany for example there was a on on on National German TV where kind of a comedian said that if you’re buying gold you’re you’re a Nazi um then obviously the The Branding isn’t good that’s kind of the question because you know I would say yes yeah like if central banks are so bullish on B on gold why isn’t there more evidence in the public Financial strategies I mean there could there be a political motive at play Beyond just the economic reasons here yeah yeah obviously I mean first of all I think that the the the narrative is is kind of that um that gold is only uh you know an investment for for for those die hard gold box that kind of hope that the world is is is is is is ending up with with uh uh third world war hyperinflation whatever um the second very very important narrative uh these days is that gold is useless and it’s not green um I always uh it makes me smile when people say you know uh copper is uh is is so much greener than than gold I think uh most most of those people saying that have never visited a gold mine actually um but but those are important and very powerful narratives so so for us it’s always important to make a positive case for gold uh it’s important to basically say well gold makes a difference from a portfolio point of view um and gold is a low beta Emerging Market play actually because um this structural gold demand coming from Emerging Markets is actually much much more important than this let’s say gloom and doom demand from the Western World so this is this is really really crucial um and it’s not only gold itself but it’s also the mining space that has a really really poor um recognition these days which which is which is interesting because actually you know for for um you know the green green energies and and and and and and the green reform or whatever you want to call it actually we need enormous amounts of commodities enormous amounts of metals but then on the other hand you know nobody wants to work in that area so it doesn’t really add up yes it is a little bit of a supply and demand deficit for sure you know I mean we talk about the report you know asteroid mining deep sea mining sounds like science fiction but you kind of discuss them as future possibilities and I’m curious you know when you when you start to look at these as really viable options are we just kind of ignoring some concerns here go back to your point if gold has kind of been branded as this this you know dirty type metal is that really going to help it out you mean deep sea mining yeah stuff like that I’m curious what the future of this is you know I I got into it’s a big section here yeah yes I mean I think it’s super interesting and and that’s what I really love about my my job and and and my team has done a tremendous job also you know really really um you know researching and reading all those academic studies and talking to to experts in that field of estad Mining and deep sea Mining and I think that for gold actually it’s it’s not going to be the the the big driver because let’s face it uh Mo most companies have a hard time um to to to make profits mining gold uh you know on this planet so um you know if if you move out out of space it’s it’s it’s it’s going to be enormously costly um but it’s it’s it it is an interesting topic and and uh you know why not in 20 30 years uh why shouldn’t it become a driver so so I cannot rule it out obviously um but then when it comes to deep sea mining um I think it could become a driver for for many minerals I would say not so much for for for gold um but there is lots of initiatives and and also uh actually in capital markets there’s there’s really interesting developments um it is of course a very sensitive topic when it comes to you know the the the whole ecosystem um but there’s quite a lot of things going on and I think it’s it’s it’s really important to make uh to to really communicate that the mining sector has done a tremendous job in the last couple of years really um you know addressing those uh ESG concerns so um uh yeah it’s I think it’s it’s it’s it’s one of my favorite chapters so it’s it’s as Mining and deep sea mining is it science fiction or is it the really the next wave of of innovation in the mining space so so we try to to to discuss that topic yeah and I mean some even thought that you know gold sitting around these a while ago was was not going to be believable either speaking of which you know you had a gold forecast of reaching about $4,800 that’s $4,800 I should say by 2030 uh it seems ambitious critics might say a little bit you know too optimistic what makes you confident here Ronnie talk to me a little bit about the projection yeah well actually Jeremy we we put out that that that model um which is um based on the growth of monetary Aggregates we put it out in the in goldby trust report 2020 and said uh $4,800 us that’s um that’s that’s our long-term price target for the end of this decade now 4,800 Buck outs um uh quite spe spacular but then on the other hand um that’s like uh 10 uh 12% uh ker for for for for the next couple of years until 2030 now um from my point of view that that sounds pretty realistic and and let’s face it um you know the price of gold was trading at at 18 1820 uh end of October last year now we’re above uh 2300 bucks um so it can move really quickly but the most important thing is is um as I’ve said before the Western World um hasn’t really hasn’t really joined this party um we’re quoting a couple of um couple of uh studies for example by Bank of America that that actually said you know 71% of all investment advisers in the in the United States are recommending between zero and 1% gold allocation now um our model and and and and we come up with a with a new 60/40 portfolio um we’re um quoting quite a lot of uh academic studies and then we also have uh made our own models and we say that the gold allocation in your portfolio should be between 14 to 18% now at the end of the 1970s if you would have Set uh a gold allocation of let’s say 15% people would have ridiculed you because it’s just too low uh and now people ridicule you because it’s it’s way too high it’s it’s really outrageous but I think it’s important that the Emerging Markets as I’ve said before um they have already joined this party not only in China and India but also you know Turkey Russia the Arabic world the Western world hasn’t joined yet and the I would say like most of the the media um contacts that I have they tell me well you know gold is already too expensive should I sell now but you know Jeremy there there wouldn’t be a case for for sound money there wouldn’t be a case for gold but also for Bitcoin if we would have a sound monetary system if you know inflation wasn’t the topic if you know that would wouldn’t be a big topic but just you know Lin Alden um um um um um had that previously in one of her newsletters um so she’s quoting the CBO forecast so in the next 10 years according to the CBO if no recession happens in the next uh 10 years which is you know uh pretty optimistic I would say um we will see 20 trillion of additional debts in the United States yeah 20 trillion um if you if you say well you know the the the the gold um Supply will will grow with you know the average rate that we’ve seen over the last 120 years um that would mean at current prices we will see um at current prices 3.2 trillion new gold coming to the market which is you know it’s kind of limited by the geology when it comes to bitcoin for example it’s predetermined um by by by the algorithm by the code we’ll see over the next 10 years uh one a little bit more than one million new Bitcoins coming into the market so what I want to say it’s it’s it’s really all about relative Supply curves and I think that you know Western Financial investors their assumption also having a look at the development of real interest rates their assumption is well actually inflation is under control um we will not see a recession going forward so we moved from you know hard Landing to soft Landing to Goldilocks and now it’s never session that’s like the um the big topic out there um and I would say that some sort of a stagflationary environment actually is is more realistic than ever also in the United States we’re experiencing that in Europe big time but I think you know without this enormous fiscal stimulus that we’ve seen in the US um you know 8% budget deficit in a year of Full Employment um that’s like you know drinking four red bulls and and and and seven cup of cups of coffee when you when you’re tired of course there is an effect but is it really healthy for for you know your your your your your your long-term picture I think it’s not so so therefore I think the recession is kind of you know it’s postponed we’ve got an election year obviously coming up but but I would say once we we hit the recession once the next wave of inflation is coming up then I think that’s that’s really um the point in time when when Central Bankers or when the when when when the investor World realizes that the emperor has no cloth because stack flation is actually by far the worst uh environment for J Powell and I think that that really could shift more interest on the gold space in the western world yeah it could be fascinating to watch too uh before I let you go here Rony because it always goes so fast when I talk to you I’m curious talk to me a little bit just to the investors here that watch because you know we all know gold as a community quite a bit as a kicko audience but you’re some really good points here and you’re talking a little bit more about that portfolio that 4060 so as we continue to watch this narrative unfold and as we continue to watch what’s happening in the US economy albeit around the world uh what do you advise here how do you what are the practical steps to protect the assets and maximize the returns for investors here yeah well actually I think you know Jeremy it’s it’s it’s important we’re we’re not you know only gold analysts gold writers whatever yeah primarily we’re asset managers yeah so so we are managing seven investment funds um uh most of them I would say are in the gold in the mining and in the Commodities space MH um so so therefore I mean we can make B forecasts but then actually you know we publish daily NS and and our investors will will will actually judge if if if we’re successful or not um but I think you know if we if we try to understand the long-term picture um you know the 60/40 portfolio was was basically um that was like the standard portfolio let’s let’s put it that way which was heavily in influenced by the great moderation so basically 40 Years of falling interest rates 40 Years of falling inflation rates 40 Years of pretty low macro um uh volatility so for most of the investment advisor um um in the Western World inflation actually wasn’t a concern at all so uh you know for portfolio construction inflation rates and inflation volatility was wasn’t really um a characteristic that um that was really essential for structuring a portfolio and that’s also a major difference compared to Emerging Markets if you talk to investors uh for example in Turkey um I’ve held a presentation in IST ones and they asked by far the best questions because they know how important is how important gold is from a portfolio point of view why do they know that because inflation has always been uh a primary concern for them so in the western world we are still heavily influenced by this great moderation um our core thesis has been over the last two years that primarily due to this um fiscal dominance that we’re seeing so so um we should focus more on what the fiscal side does and less than less on what central banks are doing our thesis has been that the great moderation is over that we should um um prepare for more inflation volatility and therefore I think it’s it’s uh it’s it makes sense to um to reconsider the 60/40 portfolio and from my point of view it’s you know people in the Gold World often think that stocks that that equities are like the enemy I don’t think so uh I think that uh you know in some in some sectors especially US tech of course it’s uh it’s it’s it’s it’s not cheaply valued but I’m seeing tremendous um Bargains in Emerging Markets also in Europe uh in in the commodity space and so on so our allocation and this is like kind of a standard portfolio would be 45% stocks and 15% bonds instead of 40% bonds and then we we we advise 50 15% save Haven gold which is really something that um uh where you uh should care about you know storing it safely perhaps outside of the banking system outside of of of your jurisdiction really in a safe jurisdiction um then 10% performance gold um which is silver but also mining equities so we make a strong case for mining equities as something that should be actively timed um and we we um um uh we introduce our proprietary um incrementum active AUM signal that switched to a long position in mining stocks uh uh in December 2023 and then we recommend 10% in Commodities and 5% in Bitcoin so so this would be our kind of standard allocation that should do pretty well in an environment that is heavily influenced by higher inflation volatility um you know we we we’re so far away from that view when we talk to institutional players that we think okay we’re still pretty pretty early in this game probably like the the second or third inning probably so so this is probably an allocation that that we will continue to describe in our reports um but as I’ve said before it’s important to always consider and reconsider and rewrite your your your play book and therefore it was important for us to to really really analyze what has changed what are the the structural and fundamental shifts in the investment world and especially in the Gold World yeah second or third inning for gold I like it uh just incredible today Ronnie I really appreciate this we could have gotten into so much more before I do let you go though I’m just curious because I asked you back in Vancouver on the mining side we were talking a little bit about the lag of commodity prices to equities on the mining side uh any that you see some potential upside that we should just keep looking at for investors here uh what do you mean in the in the gold Min yeah yeah that just hasn’t caught up yet any that have some we’ve seen some good lifts but any that might just be a good little one to give off right now uh you mean a you mean a name that I want to that I want to mention it’s exactly what I’m putting you on the spot for no I think our compliance I wouldn’t appreciate that but um but I think you know you know Jeremy we we launched a uh a new gold mining or a new active gold fund on 15th of J of February and actually journalists uh called me up and say are you are you out of your mind launching a fund uh uh you know when when everything is is is basically in the dumps um and I I would say that there’s still you know an enormous amount of of of of of catchup potential in the mining space and uh uh you probably know uh Naval Ravi Kant he said be right when everyone else is wrong at scale and I think that you know this is a perfect perfect summary we we we we are seeing this year that um most of the producers they will become free cash flow monsters we’re seeing that over the last couple of years they they did a tremendous job really strengthening their balance sheets we’re seeing in a silver space obviously uh you know silver now has started outperforming gold big time we’re seeing some some decent volume uh coming in the in in the silver space um but then on the other hand generalists haven’t joined the party yet um this will happen at some point I’m I’m I’m I’m pretty confident that it’s going to happen um our um proprietary um um um incrementum active AUM signal would be suggesting that we are also in the mining space still pretty early on of course we can see draw Downs we’ve seen a pretty pretty significant move over the last couple of weeks but again I think you know this is early bull market behavior that we’re seeing because the mining space only recently has started outperforming gold silver only recently started outperforming gold so this is what you want to see in the early stages of a bull market now it’s happening and it’s just you know um what should you do in a bull market the dips as easy as that yeah well said well said Ronnie stet did I say it right Ronnie thank you for coming on joining us joining us of course from Austria uh partner at the incr of fund and also co-author of the new gold Playbook of course we’ll put a link to where you can find that uh Ronnie thanks for your time today I appreciate that some great Insight here thank you very much Jeremy uh really appreciate it and you did tremendously well saying my name so uh I appreciate that thanks a lot I’ll take I’ll take it mate we’ll see you in Germany next time thanks again appreciate it take care jery saffron for all of us here at Kito news we appreciate you taking the time to watch don’t forget to subscribe we’re going to have some great content coming up stay tuned we’ll see you next time [Music]

Welcome to @BigMoneyInvesting3529 – Your Ultimate Destination for In The Money Facts!

🌴 Discover the Big Money Investing Strategies on Metals and Real estate Investing. 🌊

Experience the world of finance with @BigMoneyInvesting3529

We bring you the latest and greatest from Big Money Investors, showcasing the why’s, how to’s and best steps.

Whether you’re planning a short of long term investment, preparing is the first step and most important one.

The Big Money Investing channel is a great go-to source for your investing advice.

🔥 What You Can Expect:

  • Exclusive Financial and Big Money Investing How-To’s
  • Big Money Financial Traits: Learn how to mix and match your perfect investment portfolio to match the planned out time horizons.
  • Financial Learning Is A Lifestyle Change: Stay financially fabulous with our expert investing tips, real estate pratices, and healthy lifestyle advice.
  • Behind-the-Scenes: Get a sneak peek into how the Big Money Investors spend some of that return, from photoshoots, to interviews with the experts.

👙 Why Subscribe to @BigMoneyInvesting3529?

  • Stay Updated: Be the first to know about new investment ideas and most importantly what not to be part of in todays age.
  • Inspired Goals Lend Motivation: Get inspired by our Big Money Investors vibrant and diverse lifestyles, a perfect view at times.
  • Engaging Community: Join a community of financial enthusiasts and wealth producers that love to share their passion for life with others.

🔔 Subscribe Now: Hit the subscribe button and turn on notifications so you never miss an update from @BigMoneyInvesting3529!

Join us on this fabulous journey and transform your financial situation with the latest trends and tips from Big Money Investing.

Thank you for being a part of our amazing community.

We can’t wait to see you shine finanically!

🔗 Subscribe here!

#BigMoneyInvesting #big #money #investing #lifestyle #investors

Support Big Money Investing Sponsors

Leave a comment on this content and future topics you would like us to cover on Big Money Investing!

Share this post

Comments (28)

  • @primetimepreme1776 June 2, 2024 Reply

    Yall been saying this since 2008

  • @bobbyagee3796 June 2, 2024 Reply

    Im actually researching astroid mining. 16 Psyche is being examed cuurently. The technology behind this undertaking is very diverse. It is more than launch a rocket an retrieve the material. Look at the principal behind land mining. Astroid mining is more substantial. Exploration, Discovery, Infrastructure development, Extracting material, Transportation, Processing, Construction of Vehicles and Equipment, Programming of Equipment this is just scratching yhe surface. This is just my point of view and im just a Military Veteran.

  • @bobbyagee3796 June 2, 2024 Reply

    America has blinders on and is ignorant on national and international finance. The system is failing do to monetary policies that make no sense. To big to fail idiology. Yes idIOlogy!

  • @kylemartinnelsonify June 2, 2024 Reply

    Don't put the cell phone to your head bro radiation into your brain

  • @mttaylor129 June 2, 2024 Reply

    Excellent interview of a thoughtful and informative guest!

  • @SnowAngelfish June 2, 2024 Reply

    Dont be fooled. The west and east are secretly all together. All want the u.s. dollar to end and a single digital world currency to be adopted. They are not enemies like it appears. All the major central banks are one.

  • @guloguloguy June 2, 2024 Reply

    READ "GOLD WARRIORS" (by STERLING, & PEGGY SEAGRAVE)
    IMHO:"… IF YOU DON'T HOLD IT, YOU DON'T OWN IT!!!"….I'LL NEVER TRUST ANY "THIRD PARTY (BANKS ETC.), TO HOLD AND PROTECT ANY OF MY PRECIOUS METALS!!!.. HISTORY PROVES THAT THEY ALWAYS USE GOVERNMENTS TO DECLARE THAT THE PUBLIC MUST FORFEIT, AND TURN IN THEIR METALS (=> "CONFISCATION")!!! SO, NEVER COMPLY!!! NEVER TURN ANY OF IT OVER TO ANYONE FROM A BANK, OR, GOVERNMENT!!!!!…THEY'RE RUTHLESS THIEVES!!!!!

  • @BenTodd-fl8nv June 2, 2024 Reply

    I'm 49 and earn about £2M ($2.5M) per year and save about 30% in HYSA's. I've been reading a lot of articles mentioning how w0rthless 'cash savings' are in this current unstable economy. D0 you suggest I invst in real estate, stocks or Gold?

  • @armandopiedra4913 June 2, 2024 Reply

    I❤️METALS , but since Jpmorgan 👹spoofes ( scams) the market & gets fined 900,000,000 a year for that & makes tons more , 👀 they r pushing toward a digital (crypto) assets society so they track , tax , & trace your assets, BUT I REALLY LOVE GOLD & SILVER the most undervalued asset of all time

  • @storm81la June 2, 2024 Reply

    Bitcoin ist the hardest money and not gold anymore ✌️

  • @bcbconklin June 2, 2024 Reply

    Globex Mining Enterprises likely has a fair value of over $3 after the recent run up in metals prices; yet still trades closer to $1. This looks like an opportunity to me📈✔️

  • @laurawalker6431 June 2, 2024 Reply

    Gold will be history!

  • @philltaylor8442 June 2, 2024 Reply

    In my opinion! I think most of Europe will go back to their own currency! Going back into a multipoler world, wear everyone will be treated equally ! Russia will go back to trading with europe and become far stronger by going back to trading with China 🇨🇳 and Russia 🇷🇺 and menney uthers they have made enemies just to appease America 🇺🇸 wishes!?.looking at europe from space is like looking at Rorks drift with the size of the hool there digging for themselves against Russia!?.

  • @markalexander5124 June 2, 2024 Reply

    The moves of countries out of the $ will not be seen if it is done between countries outside of the Swift system.

  • @austinbar June 2, 2024 Reply

    The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?

  • @-SoulSimulation- June 2, 2024 Reply

    Anything Crypto is Dangerous for a number of reasons and if Gold goes too high the people won't be allowed to own it

  • @barnabyhollingsworth1556 June 2, 2024 Reply

    One of the best and most comprehensive interviews I’ve heard on this topic ❤

  • @bradleyjordan5365 June 2, 2024 Reply

    That gold prediction by 2030 is low!

  • @calvinmackey239 June 2, 2024 Reply

    I don't see gold as being the best , because people can't use it, like bitcoin and stocks

  • @calvinmackey239 June 2, 2024 Reply

    The us restaurants are closing many stores, why is that????

  • @EvenMoreFreedomDotCom June 2, 2024 Reply

    Buy ⚡ Bitcoin ⚡for Even More Freedom in your life🙏👊

  • @aleaiactaest8354 June 2, 2024 Reply

    good interview. High quality guest!

  • @tempst4 June 2, 2024 Reply

    Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring…managed to grow a nest egg of around 2.1BTC to a decent 11B TC in the space of a few weeks… I'm especially grateful to Aaron Gavin whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..

  • @franzbuchel7295 June 2, 2024 Reply

    Great comment from Ronny Stöferle!

  • @user-fl9hj9pg5f June 2, 2024 Reply

    Louis, Ronnie, and Brent forgot how easily Facebook almost made an entirely new stable coin based on and tethered to a basket of global currencies, the libra. This would have held all countries accountable who are showing disregard for the devaluation of their currencies and would have threatened the dollar's supremacy. Maybe this is why the US put the cabash on it, but who's to say some other country might do it?…

  • @pavelminchev9358 June 2, 2024 Reply

    Good host

  • @ottmarschafer5713 June 2, 2024 Reply

    Great interview. Very interesting insights into geopolitics and currency questions

  • @Walker956 June 2, 2024 Reply

    why is this channel called news. there is no news here. just kitco

Leave a Reply

Your email address will not be published. Required fields are marked *