Silver is up 3% in 24 hours. Something has changed, Shanghai physical market pricing is driving Silver and Gold out of it's comfort zone. Scroll down to see what the experts have to say.
Alex Bailey
NEWS LETTER
MARKET UPDATES
12th April 2024
Did you know?
In 1929, the price of an ounce of gold was $20. There are 32.15 oz per 1 kg bar, which is equivalent to $6,430 for 10 kg of gold.
Today, April 12, 2024, at 9:33 p.m. EDT, the price of an ounce of gold is $2,416.20. This corresponds to $753,885.35 for 10 kg of gold.
The average price of a house in the United States in 1929 was $4,902. So 10 kg of gold would have bought a good-sized house.
Today, the average price of a house in the United States is $412,095. So 10 kg of gold would also buy you a good-sized house today.
It's not that the value of gold has gone up, it's that the dollar has lost 99.14% of its purchasing power since 1929 due to the printing and expansion of the money supply.
The value of real estate hasn't risen by 840.67%, it's the dollar that has lost so much purchasing power in 95 years.
1929
2024
Here’s what has happened in the last six months and what Gold and Silver experts expect to come!
ALONGSIDE OIL, SILVER IS THE MOST UNDERVALUED COMMODITY ON EARTH
Where we stood in January with our Predictions:
SILVER
$22.50 predicted to move up to $25.87. This number is now the ‘floor’ of the Silver price.
This has completed (NOTE: there was some pullback but immediate pressure back up)
Expected next levels predicted by Algorithms is:
$27 to $32 May/June
$35 to $52 is the next level for end of summer - Aug/Sept
**all timings are approximate, the Silver price is determined by supply/geopolitical/financial pressures AND where Gold goes.
ORDAVI
ships to over 90 countries worldwide
Where we stood in January with our Predictions:
GOLD
$1,895 predicted to move up to $2,145. This number is now the ‘floor’ of the Gold price.
This has completed (NOTE: there was no pullback which shows strength in buyers)
Next level predicted by Algorithms is:
$2,500 / $2,600 by June/July
$3,000 is the next level for end of summer - Aug/Sept
**all timings are approximate, the Gold price is determined by supply/geopolitical/financial pressures.
LISTEN TO THE EXPERTS
Andy Schectman - Miles Franklin Precious Metals:
"This is a different Physical Market now. The world outside the West wants the gold - they don't care about Technical Analysis (TA) or other prior relations of gold: they want the gold and they have it delivered to them by the commodity exchanges!"
HEAR WHAT I HAVE TO SAY
Contact me
for enquiries
Contact me and say hello, and we can discuss a variety of options and the best prices for buying and owning your own bullion. Together, we can formulate a buying strategy to suit your budget and plans.
I will co-ordinate all logistics, like vaulting and/or delivery for you. Between us we will find the best solution for you.
Did you know?
In 1929, the price of an ounce of gold was $20. There are 32.15 oz per 1 kg bar, which is equivalent to $6,430 for 10 kg of gold.
Today, April 12, 2024, at 9:33 p.m. EDT, the price of an ounce of gold is $2,416.20. This corresponds to $753,885.35 for 10 kg of gold.
The average price of a house in the United States in 1929 was $4,902. So 10 kg of gold would have bought a good-sized house.
Today, the average price of a house in the United States is $412,095. So 10 kg of gold would also buy you a good-sized house today.
It's not that the value of gold has gone up, it's that the dollar has lost 99.14% of its purchasing power since 1929 due to the printing and expansion of the money supply.
The value of real estate hasn't risen by 840.67%, it's the dollar that has lost so much purchasing power in 95 years.
1929
2024
HEAR WHAT I HAVE TO SAY
Andy Schectman - Miles Franklin Precious Metals:
"This is a different Physical Market now. The world outside the West wants the gold - they don't care about Technical Analysis (TA) or other prior relations of gold: they want the gold and they have it delivered to them by the commodity exchanges!"
LISTEN TO THE EXPERTS
Silver is up 3% in 24 hours. Something has changed, Shanghai physical market pricing is driving Silver and Gold out of it's comfort zone. Scroll down to see what the experts have to say.
Alex Bailey
NEWS LETTER
12th April 2024
Market Updates
Here’s what has happened in the last six months and what Gold and Silver experts expect to come!
ALONGSIDE OIL, SILVER IS THE MOST UNDERVALUED COMMODITY ON EARTH
ORDAVI
ships to over 90 countries worldwide
Where we stood in January with our Predictions:
SILVER
$22.50 predicted to move up to $25.87. This number is now the ‘floor’ of the Silver price.
This has completed (NOTE: there was some pullback but immediate pressure back up)
Expected next levels predicted by Algorithms is:
$27 to $32 May/June
$35 to $52 is the next level for end of summer - Aug/Sept
**all timings are approximate, the Silver price is determined by supply/geopolitical/financial pressures AND where Gold goes.
Where we stood in January with our Predictions:
GOLD
$1,895 predicted to move up to $2,145. This number is now the ‘floor’ of the Gold price.
This has completed (NOTE: there was no pullback which shows strength in buyers)
Next level predicted by Algorithms is:
$2,500 / $2,600 by June/July
$3,000 is the next level for end of summer - Aug/Sept
**all timings are approximate, the Gold price is determined by supply/geopolitical/financial pressures.