Okay, when people start to have a tiny little bit, appetize to put
money out, and people feel like uncertain about the future, they tend
to put money into gold.
Actually, you found out that every recession every downtown with stock
market, go always the first to come out of it, always a first.
So if you think about that, in two thousand, two thousand eight and
then even the recently 20-20-20 stock market crash go come out first.
So for even for Imaginary not interested in Gold you watching, go
price.
Actually can give you a direction of the
It's fun to be in the next few weeks or a few months.
What happened was, there's a margin call.
There's a fear.
Usually, money goes to the cache, the sidelines, all right?
And then the US dollar go very strong Us - for the gold.
So when the market crash, gold actually tend to go down initially.
However, when there's a lot of money on the side, okay, when people
start to have a tiny little bit appetize to put money out and people
feel like
like uncertain about the future, they tend to put money into gold.
It would be bad for God.
But do you think about that?
People are talking about a poker potentially raising her the very high
and crash everything including go.
But that was then this is now we have 30 trillion.
I mean United States have 30 trillion in that.
Okay?
Every interest rate, go up, even it go up to 4%, you think about how
much trillions of money will pay each year for the interest, which you
think
So much popular than in the in u.s.
United States right now.
People will say, oh we don't want to pay the fat cat or Saudi Arabia.
We don't want to pay China, all the interest rate, right?
They will be our Roar on that.
So I don't think United States fan or the interest rate can go to a
very significant High actually necessary the crotch inflation.
I don't see that Captain which provides faster interest rates or
inflation from now?
Oh you interested will rise introduction, right?
But I see personalized you.
And there's a very strong evidence.
There's lot of materials are going down without the prices are going
on.
Computer components, like iPads are going down because there was over
built during the pandemic.
The prices are dropping very hard.
I served in my one of my Slide, the memory went down, 70% in the past
few months, so they are the goods.
Inflation already start coming down, but it really is a service a
house.
Those inflation will take you stay for a while.
Do I see in general inflation?
Rate may come down.
Line it up but interest will come up.
Definitely you look at the United States government data is q1.
It's already Q2.
We are actually riding very versing, okay?
At the end of this month is end of Q2.
Then Theta will come out in August.
There's a very reasonable chance.
Q2 or we make out - and ATP again, then the two quarter of negative
GDP, it's a recession.
So many companies are laying laying out people.
I mean the crash and then the sentiment is going down come to Consumer
sentiment slowest in the decade.
So all these come, we still have a few weeks to go for the for the
quarter.
We may have a negative quarter.
Again, recession is already here why science you see a lot of sectors.
In lot of sex.
Are you think you know, stock market a leading indicator?
Okay.
And then you have a
Consumer demand consumer willingness to buy good, buy by car, by large
item.
All these are the historical low, right?
So the fan, if they, they are tightening probably already people
already pre or any preset pre prepare for that Market stock market.
The for looking animal right there already.
Look at forward is all.
We have a crash so that's why everything's coming down in the past.
Few weeks has gold typically, been a leading
Lagging indicator of a receipt of an economic recovery.
Actually, it is a leading indicator every time gold bottom.
First, goat goes off and then the economy because what happened was
usually, if you watch it carefully, each time gold goes up and then
stock market, goes up after a few weeks of few months and then General
market goes up because everything is so gold.
Actually, it's a canary in the coal mine.
So for a given volume method, not interesting.
God you watching.
God can give you a good indicator after where
Ago, when you first Assaf right now, we are in the middle of the few
huge money pile into the pattern and bank account inside line on the
stand, the waiting, the collecting zero or negative interest rates,
people are so scared go.
The actually is Tiny.
It has a tiny, tiny little risk, right?
If you want to take a little bit of risk, what's thing you buy first
thing about is gold because I know so people see coming out of the
recession, gold will do very well.
So when people willing to a tiny little bit risk,
Go to Gold.
What have to see the tech the data in Q2, which you have a few weeks
and, and then we potentially getting real.
I really recession next year, okay, what?
When we coming out of it?
I think it's one day, we can watch that the 55 finally, blink, they
say, okay, we cannot, you know, Titan like this anymore, that's when
the gold were rally, really, really hard, and a lot of other risks
other will rally.
And then we, that's where
We start coming out of research, maybe do you do another qe0?
I personally I think the best investment still in commodity because if
you look at all the past recessions, okay, the the inventory commodity
not just gold and silver even tore out quite low, okay.
So and then the commodity price likely drop, but be kind, but then the
quick any quick stimulus, the commodity prices will come back very
quickly and in particular, I like sober, I think
I the eve of Super, Boom for the next decade.
Okay, so you were bearish on the cryptocurrencies.
What about stocks?
You think the S&P 500 and NASDAQ has fallen enough?
Oh, I singular Fallen a lot.
If it's enough.
If the bottom, I'm not sure.
They may go down another five, ten percent usually.
Yeah.
Okay.
But the for you might long-term investor you should start looking for
opportunity in Gold stock in India in by our tanks and other stuff.
Go start shooting.
Well, go subtle, very well.
Yeah.
Go talking to burn that, like, in the 1930s, and in 2013, I mean, at
that time, gold price was fixed.
Yes.
Okay.
Go parts are fixed and then the the economy stock market going down.
The cost is going down.
Okay, a lot of people looking for a job.
I could go started very well Papa from everything.