About Investing in GOLD : Act Quickly

Gold has been soaring for the last one and a half weeks, and the reason is unknown. There are no research papers or news about it.

If we check the pattern of gold trading over the last 25 years, March appears to be a crucial month where adjustments are made. This is not a random move but a pre-planned one to eliminate retail traders. The banking cartel and the Rothschilds control the Bank of England (BOE), which controls the gold market.

The Bank of England determines the gold rate. When they sell, America buys, and when America sells, England and Europe buy. This is the current scenario. The deals have been made, trades executed, adjustments done, and breadcrumbs left for the retail traders who have no idea what's happening. Small and medium businesses, fund managers, and retail traders all get wiped out, although some may get lucky.

There is no significant news. Even war has become an ordinary term that no longer moves the market. People have an indifferent attitude towards it. So, why is gold soaring? This is something we need to think about.

Let's now keep an eye out for some of the traditional cliches that the media has taught and told us about gold. Okay, so how did gold become the standard of every financial institution or the world economy? Gold has a multifaceted impact on the world economy.

It is renowned for its ability to retain value over time, making it a store of value. In times of inflation, traditional investments may lose value, but gold often remains stable or appreciates, helping to preserve wealth.

Who's got the biggest gold reserve in the world? Well, theoretically, the USA, but practically, Indian women hold the most physical gold. Here go all the world's debts. I mean, it's immeasurable.

Countries with significant gold reserves or exports may see their currency strengthened by rising gold prices, influencing exchange rates. Gold-backed national currencies under the gold standard, which restricted the printing of fiat currencies to the amount of gold held in the reserves, have a historical role.

Gold also impacts the economy, growth, technology, and the jewelry industry. Indian women hold the most gold, which is the funniest part. They can sell it or pawn it, but that is their mentality. But in a worldwide catastrophic recession, if you have physical gold but there is nobody to buy it, what are you going to do? Melt it and drink it. Boil it and eat it? No, you have to think with your brain.

If your woman wants to buy 100 rupees worth of gold, let her buy 40 rupees worth of gold and invest the remaining 60 in a government gold ETF. That way, the gold will back you up in any kind of situation. The interest rate might be a little less, but it can save your family's butts.

So that's the cliche we've been told all the time, and we are going to talk about precious metals because when there is a recession, you have to have investments in metals ETFs. Precious metals are not just valuable to look at; they are used in a wide range of industries. They are the basic building blocks of everything, but owning them physically is of no use; maybe on a normal day, but when there is a recession, you have to have them digitally.

Men, please understand.

Today is March 13th, 2024. The current price of gold in India is:

• 6075 rupees per gram for 22 karat gold

• 6627 rupees per gram for 24 karat gold.

These indicative prices do not include GST, TCS, or other levies. For the most accurate rates, I recommend you check with local jewelers. They have the best idea, but they are going to try to sell you some. Don't buy physical gold. Instead, go buy gold ETFs from the government. Don't be foolish anymore. Don't listen to your women. Gone are those days when physical gold could be an investment, but not anymore.

Let's see what happens. You don't have to believe me. Just wait for a few more years, and then you will remember my words. I said, Underline, you will remember my words. Right now, sell off all the gold. The prices are so high. Dispose of all of it and wait for it to crash down. Then go buy government ETFs. Don't put all your eggs in one basket. Invest the most in gold, but don't forget about silver, palladium, platinum, and more. Just be cool, think about it, and get advice. But don't get advice from your wife because women do not know or care about ETFs or financial markets. All they care about is getting more physical gold. Maybe a decade ago, it was a good idea, except for the catastrophic events, which I predicted would happen in 2027 and 2028.

Be prepared right now.
Listen carefully. If you have come to the mindset that you don't need physical gold and have to invest in ETFs, there are four main precious metals: gold, silver, platinum, and palladium.

Let's start with gold. Known for its distinct yellow colour and glittery glamour, gold is highly malleable, a good conductor of electricity, and resistant to tarnish and corrosion. It has been used as a currency and store of value for thousands of years. Gold is the most liquid of all precious metals, with a large and active market, making it easy to buy and sell. It also has a major contribution in the medical field, engineering, and many other sciences. So, it's better to invest in gold than any of the other precious metals. However, we need to consider other metals too, so don't leave them alone. Gold's friends are silver, platinum, and palladium.

Silver, often considered a rival to gold, has a metallic white colour. Silver has excellent electrical and thermal conductivity and is highly malleable, allowing it to be easily formed into diverse shapes. Silver is also highly liquid, although not as much as gold. Trading in silver is risky, so investing is a better option. Silver has many uses in engineering, space technology, medical technology, and more.

Platinum, a rare and expensive metal, has a shiny silver-white appearance and exhibits exceptional electrical and thermal conductivity. It also boasts exceptional corrosion resistance. However, platinum and palladium have smaller markets and are less liquid, making it difficult to buy and sell these metals quickly. Investing a little in platinum and palladium won't hurt, as you never know what might happen in the future.

Now, let's discuss how you can invest in precious metals. There are several ways to invest in precious metals:

1. Physical ownership: You can buy the metal outright and hold the physical form, but I don't recommend physical ownership, especially considering what is coming in 2027 and 2028.

2. Exchange-traded funds (ETFs) and mutual funds: These are the best options. Get advice before investing.

3. Stocks and mining companies: I don't recommend getting into this. Stick with ETFs to be on the safe side.

4. Futures contracts: Unless you're a financial guru, don't get into this. Stick with ETFs and be on the safe side. This is not gambling; it's investing for the future.

Now, let's talk about the risks of investing in precious metals. Every business move involves risk, but with careful calculation, you can manage it. Some of the risks of investing in precious metals include market volatility, storage, and insurance costs, a lack of income production, potential liquidity issues, supply and demand factors, exchange rates, security, high taxes, and the emerging rise of cryptocurrency. It's important to consider these risks before making any investment decisions.

Remember, gold can be a big deceiver, and women fall for it faster than a moth falls into a fire pit. Remember, gold can be a big deceiver, and women fall for it faster than a moth falls into a fire pit. So ask the women to SHUT UP!.

Be careful, and secure your future. After 2028, if you have money to survive, that is the best thing. You need food, and it's going to cost you. So, act now and secure your future. Thank you. This is Robby Garnier signing off. See you next time, and be careful.