Is the Gold Price Too High for Purchasing? There’s Still Time to Jump on the Train!

by | Apr 20, 2024 | Inflation Hedge | 8 comments

Is the Gold Price Too High for Purchasing? There’s Still Time to Jump on the Train!




This week we speak to #CraigHemke of TF Metals. Craig and Dave discuss the recent surge in #gold prices, propelled by strong #centralbank demand and increasing interest from Eastern markets. Craig highlights how trading range breakouts and emerging motivations for buying have influenced the market dynamics, leading to new all-time highs.

Later on the trilemma of #inflation, interest rates, and the Federal Reserve’s policies are discussed. Listen out for thoughts on the Fed’s dilemma, where inflation concerns clash with the need to reprice debt, potentially leading to negative real rates.

Both Dave and Craig emphasize the importance of wealth protection amidst economic uncertainties, with an emphasis on acquiring physical gold and silver to mitigate counterparty risks. Craig also gives his price predictions for both precious metals.

Additionally, we discuss the broader implications of broken monetary and political systems on the economy and individuals. Central banks may face challenges in addressing these issues due to a lack of political will, further fueling the allure of precious metals as a safe haven.

Craig stresses the importance of monitoring the precious metals market, noting the discrepancy between metal prices and the performance of mining stocks (listen out for his unfiltered thoughts on Newmont).

To find out more about Craig Hemke visit:
Twitter handle:

This video is recorded on 11/04/24

If you’re looking to buy gold or silver coins or bars, GoldCore currently has good stocks available visit the following website to learn more:
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Is The Gold Price Too High To Buy? The Train Hasn’t Left The Station!

With the recent surge in the price of gold, many investors are wondering if it is too late to jump on the bandwagon and add the precious metal to their portfolios. After all, the price of gold has been on an upward trend for the past few years, reaching historic highs in 2020. However, despite its high price, experts believe that the train has not left the station when it comes to buying gold.

Gold has long been considered a safe haven asset, with its value often rising during times of economic uncertainty and market volatility. This is why many investors turn to gold as a way to protect their wealth and diversify their portfolios. And with the ongoing pandemic, geopolitical tensions, and inflation concerns, the demand for gold is expected to remain strong in the foreseeable future.

One of the main reasons why the gold price is currently high is due to the low interest rates and economic stimulus measures implemented by central banks around the world. These policies have led to a weaker US dollar, making gold more attractive as an alternative store of value. Additionally, gold has historically performed well during periods of high inflation, making it an attractive investment in times of economic uncertainty.

Furthermore, gold is a finite resource that is not subject to the same risks as other investments such as stocks or bonds. It has intrinsic value and has been used as a form of currency for centuries, making it a reliable asset for investors looking to hedge against economic instability.

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So, is the gold price too high to buy? Not necessarily. While it may seem expensive compared to its historical averages, many experts believe that there is still room for gold to appreciate further in the coming years. With ongoing economic uncertainties and the potential for inflation to rise, investing in gold could prove to be a prudent decision for many investors.

In conclusion, the current high price of gold should not deter investors from adding the precious metal to their portfolios. With its proven track record as a safe haven asset and its potential for further appreciation, gold remains an attractive investment option for those looking to protect their wealth and diversify their portfolios. The train has not left the station when it comes to buying gold, and there may still be opportunities for investors to benefit from its wealth-preserving properties in the future.

Truth about Gold
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8 Comments

  1. @maxbootstrap7397

    Hmmmm. Return of money, return of value, return of investment … ????? My friend bought 100 gold buffalos when they came out in summer 2006 for $580 each. Now they're worth $2500 each. Hmmm. $580 to $2500 each in 18 years. Reasonable?

  2. @robertdagge200

    As I say in every gold comment, my biggest holding SSRM is down 75% when gold is at an ATH. Says it all – crypto is king….

  3. @ColeDedhand

    I don't want a return of my money. I want a return of my value.

  4. @esioanniannaho5939

    So who's the Whale in the Au market ?
    Also Gold Royalties and Streamers are the best play for miners.

  5. @richardb4787

    Is gold too high to buy? Depends how much you can afford.

  6. @bh48806

    China is buying for Russia credit

  7. @cryptofett8409

    Salute And Cheers To All Stackers

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