[Video Blog #52] - Crypto Update & The Shadow Gold Price
Please watch my latest video for my perspective and review.
Have you ever considered that there is a shadow price for Gold and Silver?
I never did until today however I am aware that the price of gold and silver is heavily undervalued especially silver.
This has been discussed before however I acknowledge that something will have to give soon in regard to the precious metals price.
There will be an influx in price at some stage in the near future and we will see a a new all time high for the sector and then a new settling price for gold and silver one the monetary system converts to the new digital age of cryptocurrencies.
So what is the real price of gold.
According to King World News it is between $20,000 and $150,000 US per oz.
This sounds exuberant however I feel it is accurate when you look at the ratio between current fiat currency and the availability of 'disclosed to public' gold reserves.
Gold and silver are and always will be stores of value.
They are real and they exist.
There is no doubt that the price of gold and silver should be higher and if the manipluation was not in place I feel the precious metals market would climb to unprecedented levels.
Once the Bitcoin sector and the cryptocurrency sector are finally recognised by the mainstream I feel we will see a change in the attitude towards the manipulation of gold and it will exponentially rise to a true market value which will accelerate all that hold physical gold to new levels of wealth.
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For those stacking cryptos I feel you should/could consider stacking the real deal too.
Gold and Silver!
What do you feel is going to happen?
Will gold be re-pegged to a cryptocurrency at $5,000, $10,000 or even $20,000?
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Have a great day!
~Sebastian
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Good stuff ! Check out the Midas Touch Gold Model please..
https://steemit.com/gold/@midastouch/the-midas-touch-gold-model-update-17th-of-june-2017
Thanks for the link. Do you think gold price can be determined by charting? I feel it is in the hands of manipluation 100%. All precious metal trends seem to be smashed down when possible via paper gold/silver contracts. Hopefully one day it all just takes off.
Wooo doggy.... i would love for gold to be 20k.... but i get the feeling the world would pretty much end before that happens
If gold went to 20k without the world ending.... i would dress up like the monoploy man and shake my cain in a disapointing way at people, they better hope they dont land on boardwalk... ill own it
Great report as always, keep up the great work. Cheers
Thanks mate.
thanks
Valuable stuff in that video, really liked it! It refreshened up this sunday day :) I got to think about the issues u talked about. Btw have u heard about cryptocoin called "HUSH"? In Steemit in some places with some crazy miner guys told me abotu that one. It seems like it would be cheap to invest atm. Hopefully it also comes to other exchanges soon.