Why is Gold CRASHING? (During a War)
Summary
Chris opens by asserting that the current crash in gold prices, particularly during a war, is due to outright manipulation. He highlights that gold, traditionally a safe-haven asset, is down over 13.5% in a month, which he finds suspicious. He also discusses how "fake news" (like a false Trump tweet) can temporarily pump the stock market, warning viewers not to get trapped in such short-term manipulated rallies as stocks will eventually revert to lower levels.
Chris identifies a specific buy zone for gold, stating that it has already dropped from $500 to $400 and is heading further down, potentially to $395 and then $374. He believes that if gold reaches $374 or lower, this represents a "generational buy opportunity" or "wealth transfer," as he expects it to eventually revisit $500. He advises long-term investors to accumulate gold at these lower levels using dollar-cost averaging, buying in increments of shares (e.g., 10, 100, or 1000 shares). His strategy involves buying low (around $374 or below) and selling high (at $500, $550, or $600) while always maintaining a core position by selling only a portion of shares (e.g., selling 500 out of 1000, or 5 out of 10) to stay invested for future runs. He also mentions Bitcoin as part of a diversified portfolio for long-term investors, alongside gold.
Mentioned Stocks
Reasoning: Chris believes gold is being manipulated downwards, causing it to crash to historically low levels despite geopolitical instability. He identifies a crucial buy zone at $374 or below, stating that the price is expected to drop from $500, through $400, and $395, before reaching this ultimate low. He views this as a "generational buy opportunity" for long-term investors, expecting gold to eventually rebound to $500, $550, or $600. His strategy involves accumulating shares through dollar-cost averaging at these low points and taking partial profits when prices rise, while retaining a core position. He explicitly mentions 'still buying ten shares here, ten shares here, ten shares' and plans to buy 1000 shares at the 'absolute buy zone area'.
Reasoning: Chris includes Bitcoin as a necessary component for a diversified long-term investment portfolio, alongside gold. He doesn't provide specific price targets or detailed reasoning beyond its role in diversification, suggesting it's an asset to 'still need to have'.
Reasoning: Chris mentions having money invested in the S&P 500 and ETFs as part of his strategy to grow wealth, indicating a positive long-term outlook for these holdings. He implies these are assets from which profits might be taken to fund new opportunities when other assets (like gold) become cheap, but no explicit new buy or sell recommendation is given for the S&P 500 itself.