Gold's telling us

Gold's rise in price, protecting yourself from currency devaluation and how the East is buying gold
Apr 19, 2025
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Gold’s telling us:

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Gold’s telling us.

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Something is really wrong.

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Something is going to be really wrong.

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Gold doesn’t rise like this in good times.

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It does in bad times.

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Look at some of these charts.

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https://x.com/KobeissiLetter/status/1914124476389990834

Gold’s now at $3400 USD/ounce.

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A few years ago it was under 2k/ounce.

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Imagine that.

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Making ~70% in 2 years by just holding a metal.

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That’s it.

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70% in 2 years.

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While your dollar continues to be devalued, you’re protecting yourself from inflation by just holding this rock.

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Not just protecting yourself but making money.

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Outperforming.

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Beating some of the best funds in the whole world.

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The ones who manage trillions and have millions of smart people working for them.

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You beat all of them by just holding this rock.

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This is good if you believe in gold.

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If you have gold.

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But this is also bad.

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Really bad.

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If gold keeps skyrocketing like this, it means people are starting to distrust the current system.

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They don’t believe in money anymore.

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At least what we think money is today.

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Fiat money.


Those bills you have in your wallet.

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People don’t believe in that as much, so they’re dumping their currency to buy this rock.

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Why?

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Because the currency is being devalued.

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This has happened before many times in history.

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And history is undefeated.

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When times are tough, people want protection.

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Gold has been protection for 5 thousand years.

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Protection from money printing.

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Protection from monetary debasement.

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Protection from inflation.

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It’s got a 5 thousand year track record that it’s the best way to store wealth.

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Especially when things break down.

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We’re in that system now.

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The fall of a reserve currency.

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Breaking down of the monetary system.

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People dumping treasuries to buy gold.

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China, Russia, India and global central banks have been doing it for years.

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Now consumers are starting to catch up, especially around the rest of the world.

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Indians have always loved gold.

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But now the Chinese are catching up.

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My bet is that instead of them using real estate as their store of wealth for the last 30 years, they’re now moving it to gold.

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The Shanghai Gold Exchange will soon beat the London Comex as the price setter.

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More deals are being done there than in London, which has historically been the centre of the gold market.

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That’s a big deal.

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The Chinese and other Asians will keep buying the metal.

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People are losing faith in the current monetary system.

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So they’re going to gold.

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And are likely to continue going to gold in the foreseeable future.

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What does that mean?

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Get gold.

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PHYS is a great ETF that holds physical gold.

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But not just gold.

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Buy the miners.

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GDX.

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The ETF.

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Best way to spread your risk.

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Do that for the next little while and thank me later.

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Gold’s telling us.

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The world is rapidly changing and you want to make sure this is part of your portfolio.

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'Keep Going You're Doing Great'

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