gold

“Boys, all markets are now up. Everything is green. Dow futures, S&P, 500 futures, NASDAQ futures. Oil is up. Gold is down.”

“The BRICS countries are about to introduce an alternative currency that's based on gold.”

“If this thing starts to get to these levels of appreciation, it is going to completely replace gold and start to become something that has transactional utility for hard assets.”

“They have publicly declared that they are selling off US treasuries and buying gold instead.”

“I'm long gold. I'm long Bitcoin. I think commodities are so ridiculously under owned. So I'm long commodities. I think most young people find their inflation hedges via the NASDAQ. That's also been great. It's probably some combination. I probably have some ba…”

“And if Trump wins, which it looks like he's increasingly going to do, and if he wins by the margins that it looks like it's going to do, you're going to see a lot of these things exacerbate. Gold's going to go up more probably. Bitcoin will probably go. The sh…”

“To take a Japan, for example, if you were a holder of Japanese bonds, you lost about 80% of your money relative to gold, and about 60% relative to U.S. Bonds, because you received an interest rate that was three percent less than the corresponding interest rat…”

“Yeah, I have some. Not, not nearly as much as gold. I'm, you know, that's kind of my diversifier. I try to find what are the, I have to have some, I'm, but I'm a gold guy much more than I am a Bitcoin guy.”

“Gold is the third largest reserve currency, by the way. Dollars euros, gold, and then yen.”

“Dollar reserves have declined from 60% to 40% in the last 10 years. Meanwhile, gold has doubled from 10 to 20% of central bank holdings.”

“Gold is up because there are many more net new buyers. Who is the most important net new buyer? It's Tether. Tether has been issuing a stable coin called Tether Gold, where they'll actually custody the gold on your behalf, and it's the amount and volumes of it…”

“I think the central banks will realize that there are limitations to gold and limitations to Bitcoin and will, as a result, seek out a completely new cryptographic paradigm That they can control on their balance sheet, that is fungible, that is tradable, and t…”

“You can see that the stock markets in the United States over the past years, so this is about seven and a half years going back to the pre-COVID era, is actually down, down pretty substantively. From the pre-COVID era.”

“Gold is not a precious metal that's speculated on, like most people have come to think of it as. It is the most established money that, it's the second largest reserve currency that central banks hold.”

“If you didn't know what gold was likely to do, and you had no view on gold, one should have between five and 15% of their portfolio in gold because of the fact of how it works with the other components.”