The CEO of the CME (Chicago Mercantile Exchange) states on live TV "Gold should be $5000-$6000".
The CEO of the CME or the (Chicago Mercantile Exchange) states on Fox Biz that "With all the inflation since the 80's when gold was $850 US an ounce, that the price should be $2000 - $3000 US an ounce now". Then he said "On top of that with all the turmoil around the world gold should be trading for about $5000 - $6000 US an ounce". If you listen to the video you can hear the host cuts him off at the 6.00 minute mark as he is saying that "gold will see a huge move in price".
lol - no... it will be Bitcoin!
no... it's going to be everything when people start to dump the dollar my friend.
it will definately be interesting how that will work out in future - so crypto VS. metals
Gad to hear someone is speaking the obvious. SK.
I don't know if he willingly told the truth or it just slipped out, sk, did you see the host cut him off by talking over the top of him!!
Thanks for in the insight. I would be careful with gold, one day they will be able to 3d print it from almost nothing. Stick with cryptos for now, they're all on sale!!
That sounds like a 21st century alchemy my friend, wont happen.
We don't need alchemy we yust print paper and write on it "This paper is worth 1 ton of gold" and sell it with an equivalent price of 990 kg of gold. Then The price of Gold will fall because everyone selling ther gold to get the cheaper papergold.And then you have more Gold if you hold the paper instead of the heavy metal. People in the past looked for for alchemy to make Gold because they were stupid. Now everbody now it's more easy to yust print paper and increase gold supply 100 fold. And it works nobody wants to have this stupid Gold anymore because there is millions of tons available supply. Gold is really worthless. Modern alchemy indeed.
Until people wake up to the fact that they only have paper, then that gold disappears faster than a ice cream in the summer heat.
Do not forget to see my post about LOVE POETRY, hope we become good friends
Hard to tell when these CEO's and other big wigs are telling the truth, or flat out lying!
That easy 99.9% of the time they are lying. Cheers
They took the same class in 'lying and deceit 101' as the politicians.
OH my..... What is steemsilvergold channel about anyways? Has anyone you know actually bought gold with steem ?
No one I know has my friend.