When will the investors re-engage with the junior gold exploration market, or is that gone forever? With gold allowed to 3000 an ounce i would have expected to see money pour in from Vancouver and Perth into projects, even dodge looking ones. But alas no, not even technically sound gold projects or getting looked at. What gives in your esteemed view?
whilst I agree that it is worth looking at the gold price under Trump V1.0, I feel that Trump 2.0 will be somewhat different. He knows what he is up against within the US and the Geopolitical/financial situation is very different. Purely from a gold price perspective I fancy we may see rises earlier.
I’m looking to add some physical gold to my portfolio, I have already spoken to the Pure Gold Company.
I currently own about 15oz of PAX Gold (a gold backed crypto coin, 1oz = 1 coin) , It has done very well recently, my average buy price is around £1900. I use it as a stable coin for my other crypto trading and to be honest the gains I have made on PAXG have exceeded those I have made on other coins apart from BTC. PAXG is worth considering as a stable coin as it continues to rise unlike FIAT based USDT etc. It’s also an easy way to dip in and out of the gold market at speed.
I look at the way things are going politically around the world and I can’t help feeling that some sort of apocalypse portfolio might be the way to go, I like the idea of having some physical gold in the house, ( or perhaps buried in the garden lol). Which finally brings me to the question..
As this is currently a silent bull market, what will happen if ordinary folk decide they want an apocalypse portfolio too? The price will rise one would imagine, but will small gold coins and bars make a significant premium? Sovereigns especially? What do you think Dominic?
Hi Tom, I have tried to reply to this twice and both times it hasn’t worked
I tend to recommend Gold as a hedge againstcurrency debasement
In an Armageddon situation, I would’ve thought survival would be the biggest priority. Gold should do right yes but in the grand scheme of things it may seem less important. I don’t think Armageddon is likely though.
Perhaps a situation where gold stored in banks is confiscated by the Government? My question relates to the build up to that moment, or at least the suspicion that it might happen. Will the demand for small denominations of gold, be at a premium? I know small coins like 1/8th oz already make a slight premium. I wasn’t thinking of the full Mad Max scenario.. But with another few years of Starmer who knows?
Dominic, I have picked up that the Bank of England is taking 6-8 weeks to process gold orders, when it normally takes 2 days. Any insight into this story?
More in terms of HMG and the MSM studiously avoiding comment. Sterling, as fiat, rests on confidence and BoE ‘running out of gold’, though irrelevant to an unbacked currency, adds fear to the sterling job Labour are doing undermining the pound. The market can be irrational longer than anyone can stay solvent.
From what I've heard in other places it is a shortage of logistics, not gold. They aren't set-up to deal with this sort of buying and moving so that is the bottleneck. Something like 4% of the physical gold is being moved.
Thanks, Tom. I mainly recommend gold to protect about against currency debasement.
I’m not really sure about an apocalypse scenario. I guess the main priority then would be survival. I suppose Gold would be useful if all else fails. But I don’t think such a scenario is that probable.
Hi Dominic. I have money invested in Gold but via Wisdom Tree's Physical Swiss Gold fund. My reasoning being that it's safer from being confiscated (as per FDR back in the day) by the state. If the Swiss confiscate your gold it's the end of days TBH. Does this make sense to you !!!
Self-driving cars (well, golf carts) & self-writing paragraphs don’t seem to give too many passenger(pigeon)people pause. Implied question answered, eh?
But it has always been so.
S/he’s “driven,” have the admirers said for so long. Despite that clearly being synonymous with s/he’s Miss Daisy, passenger, most admired the “agency” of it.
Miss Daisy, from a passenger berth, telekinetically drives, too!
And Morgan Freeman? Can you fill in that blank with some guesses?
Mobility, mental & ‘slower-traffic-keep-right’, is being restricted, ratchet-click by ratchet-click, (We skipped the light fandango Turned cartwheels 'cross the floor I was feeling kinda seasick) But the crowd called out for more … still/always calls out for more.
Amazing spectacle (it once was … now, just tragicomic).
Brilliant stuff as ever Dominic. Did you end up marrying Gary in the end?
Haha. I should be so lucky
When will the investors re-engage with the junior gold exploration market, or is that gone forever? With gold allowed to 3000 an ounce i would have expected to see money pour in from Vancouver and Perth into projects, even dodge looking ones. But alas no, not even technically sound gold projects or getting looked at. What gives in your esteemed view?
They’ll come when everyone is least expecting it. But Cripes, some life in this sector is overdue.
So glad I invested in gold and silver in ‘23 and ‘24
Hi Dominic,
whilst I agree that it is worth looking at the gold price under Trump V1.0, I feel that Trump 2.0 will be somewhat different. He knows what he is up against within the US and the Geopolitical/financial situation is very different. Purely from a gold price perspective I fancy we may see rises earlier.
I agree, it’s already behaving better
Great stuff as ever and if, like Ray Dallio, you prefer your gold with a sprinkling of Bitcoin you should look at Charlie’s BOLD fund.
I’m looking to add some physical gold to my portfolio, I have already spoken to the Pure Gold Company.
I currently own about 15oz of PAX Gold (a gold backed crypto coin, 1oz = 1 coin) , It has done very well recently, my average buy price is around £1900. I use it as a stable coin for my other crypto trading and to be honest the gains I have made on PAXG have exceeded those I have made on other coins apart from BTC. PAXG is worth considering as a stable coin as it continues to rise unlike FIAT based USDT etc. It’s also an easy way to dip in and out of the gold market at speed.
I look at the way things are going politically around the world and I can’t help feeling that some sort of apocalypse portfolio might be the way to go, I like the idea of having some physical gold in the house, ( or perhaps buried in the garden lol). Which finally brings me to the question..
As this is currently a silent bull market, what will happen if ordinary folk decide they want an apocalypse portfolio too? The price will rise one would imagine, but will small gold coins and bars make a significant premium? Sovereigns especially? What do you think Dominic?
Hi Tom, I have tried to reply to this twice and both times it hasn’t worked
I tend to recommend Gold as a hedge againstcurrency debasement
In an Armageddon situation, I would’ve thought survival would be the biggest priority. Gold should do right yes but in the grand scheme of things it may seem less important. I don’t think Armageddon is likely though.
Perhaps a situation where gold stored in banks is confiscated by the Government? My question relates to the build up to that moment, or at least the suspicion that it might happen. Will the demand for small denominations of gold, be at a premium? I know small coins like 1/8th oz already make a slight premium. I wasn’t thinking of the full Mad Max scenario.. But with another few years of Starmer who knows?
By Armageddon, I mean some kind of major currency collapse
Just signed up to their gold investment guide
I use TallyMoney for some of my gold buying. Good to use it as a traditional savings account except you get an actual return on this one.
Frisby is so on the spot, buy gold because the world isn't becoming more stable.
Thank you
Dominic, I have picked up that the Bank of England is taking 6-8 weeks to process gold orders, when it normally takes 2 days. Any insight into this story?
I think I address that int he video?
More in terms of HMG and the MSM studiously avoiding comment. Sterling, as fiat, rests on confidence and BoE ‘running out of gold’, though irrelevant to an unbacked currency, adds fear to the sterling job Labour are doing undermining the pound. The market can be irrational longer than anyone can stay solvent.
From what I've heard in other places it is a shortage of logistics, not gold. They aren't set-up to deal with this sort of buying and moving so that is the bottleneck. Something like 4% of the physical gold is being moved.
That's how I understand it - precisely yes
Thanks, Tom. I mainly recommend gold to protect about against currency debasement.
I’m not really sure about an apocalypse scenario. I guess the main priority then would be survival. I suppose Gold would be useful if all else fails. But I don’t think such a scenario is that probable.
Hi Dominic. I have money invested in Gold but via Wisdom Tree's Physical Swiss Gold fund. My reasoning being that it's safer from being confiscated (as per FDR back in the day) by the state. If the Swiss confiscate your gold it's the end of days TBH. Does this make sense to you !!!
Self-driving cars (well, golf carts) & self-writing paragraphs don’t seem to give too many passenger(pigeon)people pause. Implied question answered, eh?
But it has always been so.
S/he’s “driven,” have the admirers said for so long. Despite that clearly being synonymous with s/he’s Miss Daisy, passenger, most admired the “agency” of it.
Miss Daisy, from a passenger berth, telekinetically drives, too!
And Morgan Freeman? Can you fill in that blank with some guesses?
Mobility, mental & ‘slower-traffic-keep-right’, is being restricted, ratchet-click by ratchet-click, (We skipped the light fandango Turned cartwheels 'cross the floor I was feeling kinda seasick) But the crowd called out for more … still/always calls out for more.
Amazing spectacle (it once was … now, just tragicomic).
From Cormac McCarthy’s The Counselor:
https://www.youtube.com/watch?v=U5J_Uh7rUCQ
The Commitments (to what is the rhetorical?):
https://www.youtube.com/watch?v=YvryDZQt8JE
Debt is not wealth. You will lease everything & be happy is not wealth. Not even in Naples.
Midas Touch Ages Midas, too, eventually - & good damn riddance, except that those bad pennies never stop re/turning up.
Tiresome, these recapped retread tragicomedies, can be.
Or you can inner-child the empty containers, play with them.
Depends on how you’re configured. Which is done at the factory, like Elon’s “cars.”
And like e & the other (gre)e(ds) have designs on doing to you.
“Self-driving.”
In The MatriX marks the wet spot you will ever more be "happily" floating in.