$6K GOLD! I'm Afraid SOMETHING BIG Is on The Horizon for Gold & Silver Prices - Gregory Mannarino

Gregory Mannarino, the founder of traderschoice.net and a prominent financial strategist, proposes an intriguing correlation between the Dow Jones and gold prices, suggesting a potential one-to-one ratio if the Dow Jones hits a specific low level, such as 6,000.
Pointing to historical instances, both the stock and gold markets experienced a simultaneous plunge in March 2020, followed by a joint rebound in April. Despite Fed Chair Powell attempting to downplay expectations of interest rate cuts in the spring, the Dow Jones reached a new all-time high of 36,265 in December 2023, coinciding with gold's ascent to a record high of 2,089 dollars per ounce, illustrating the interconnectedness of these markets.
Mannarino anticipates a shift in the gold-to-silver ratio, projecting a potential range of 15 to 1 or even 10 to 1. He underscores this change's transformative impact on silver, emphasizing the metal's potential for explosive growth within an altered gold-to-silver ratio.
Currently standing at 88.70, the gold-to-silver price ratio signifies that it takes 87 ounces of silver to purchase one ounce of gold. As the Federal Reserve cuts interest rates to combat inflation, the gold-to-silver ratio widens, indicating a historical pattern that may precede a substantial rally in silver prices.
Mannarino's predictions extend to the broader economic landscape, foreseeing global shockwaves triggered by a potential uncontrolled sell-off in the debt market. Such an event could lead to resource shortages and a surge in commodity prices on a worldwide scale. Contrarily, analysts at Scotiabank, while maintaining a cautious stance, adjusted their price guidance upward. In a recent note, they disclosed their adoption of higher price projections for gold and silver in the current and upcoming years. Notably, they revised their year-end gold forecast from 1,900 dollars per ounce to 2,000 dollars per ounce, reflecting a nuanced perspective amid evolving market dynamics.
In a recent analysis, Mannarino raises skepticism regarding central banks' capacity to manage inflation, drawing attention to a cautionary note from Black Rock that highlights potential miscalculations in inflation forecasts. He asserts that central banks, notably the Federal Reserve, may intentionally fuel inflation and are unlikely to deviate from this course.
According to the Black Rock Investment Institute's recent note, the persistence of inflation pressures is attributed to fragmentation, with policy rates maintained above pre-Covid levels. The institute anticipates inflation remaining closer to 3% in this new economic regime, aligning with a growing chorus of financial market participants expressing concerns about enduring price gains. Mannarino emphasizes the importance of grasping the underlying mechanisms at play, particularly the creation of cash "out of nothing" by central banks. This practice, coupled with expanding the central bank's balance sheet through substantial securities purchases between 2008 and 2022, stands out as one of the most controversial actions the Federal Reserve has taken since the 2008 financial crisis. As the debate over inflation dynamics intensifies, Mannarino urges individuals to delve into the intricacies of these financial maneuvers to better comprehend their implications on the broader economic landscape.

"Welcome to our channel dedicated to gold and silver investing! In this video, we provide expert insights and analysis on the latest trends in the gold and silver market. Discover strategies for investing in precious metals, including gold and silver bullion, coins, and jewelry. Stay updated with real-time price updates and market news, and learn how to diversify your portfolio with gold and silver. Whether you're a beginner or an experienced investor, our channel offers valuable tips and guidance to navigate the world of precious metals.

Subscribe now for in-depth analysis, historical data, market forecasts, and more. Join our community of gold and silver enthusiasts and unlock the potential of these timeless assets. #GoldAndSilverInvesting #PreciousMetalsChannel #InvestingTips"

We bring you the latest news, insights, and analysis on gold, silver, and copper. Our videos cover a wide range of topics, including gold price, gold prediction, gold price forecast, silver price, silver price prediction, copper price, market trends, investment strategies, and industry news.

We share interviews from experts like Rick Rule, Peter Schiff, Mike Maloney, Lynette Zang, and many others. Stay up-to-date with the world of finance and make informed decisions with our expert insights. Subscribe now and never miss a video!

#gold #goldpriceprediction #gregorymannarino

свернуть