Why Gold Will Hit $3,000 By 2024 | Shane Williams

I still have Skeena stock. Good company with a good project.

I find it strange that they're logo is super red and has some stars just like the PRC flag and that they are "red" lake. Just seems like they tried hard to line up with the PRC.

Too conservative, gold prices had consolidated from 1997 to 2004, it was $400 per ounce before a break up to $1000 in 2008 to begin another short period of two year consolidation and break up further to 1900 in 2011. Gold has since then entering into a longer consolidation period till now, about 12 years, so when it move again, it can easily hit $4000. The 30 years gold chart will give you a clearer picture. The fiat currency is as good as dead because all fiat currencies have been depreciating since day 1. The value of gold has not changed, rather it was the value of currency that had been dropping over the years.

The fed won't lower rates for at least 2 years, and inflation will continue to be high.

Hilarious all the morons nay saying gold in the comments.

Excellent video…however as long as the crooked powers that be keep smashing down gold and silver with their naked shorts it,I feel the metals market with have a tough time to reach a $3000 gold.With all the inflation we’ve had gold should already be $3000 and silver at least $50 dollars.Shame on the jerks that will not allow free markets!!!

Aye, they're always after me pot o gold!

I wouldn't agree on price. Look at spot price. It's dropped sharply. Lost 60 usd in two days. They are shorting the market. Last price is 1863

Down 10% less than a day later.

I've read about that. It's an ambitious prediction, but the gold market can be quite volatile.

You can’t trust a leprechaun to be honest about gold

Sticky is for the rich; hard times are for everyone else

With the Fed, JP Morgan and Comex?…..,,,,never! Wishful thinking.

There's a famous line, from a famous movie, starring a famous actor: "They're all schemers." The only reason one would come here to see what they're up to is to be sure you're headed the opposite direction.

And the next day the price dropped to $1,850!! 😂🙈

It's clearly just a paid sales pitch interview. David has to earn a living somehow if he is going to run a media company. Especially when all you viewers keep skipping the ads 😂

Keep up the good work Mr Lin. Not the most inciteful interview yet…but there is something to be learnt from even the guys trying to sell their stock 👍

Yeh dont get sucked in. The only people bullish on gold are gold bulls. It is so maniuplated these days so anyone talking about macro events affecting the price are kidding themselves. If you look at monthly RSI which is the most accurate indicator, gold will be somewhere around 1700-1750 by years end and will struggle to break 2000-2100 for years to come. The $3000 price prediction is like Cathie Woods stupid Bitcoin predictions (1m+).

David , this guest ( shane williams ) saying exactly what Amir Goren * your recent guest ) said in his brilliant theory ( de-acceleration theory ) : if FED reduces interest rate " gradually " stock market drops really fast , if FED decreases the rate " suddenly " stock market will go UP

Never heard this before😂

Thank you! Your video brings me peace every day as I watch it, regardless of the market's ups and downs. The outlook for gold continues to be bright, with projections pointing towards a potential increase to $3,000 by 2024. Despite the recent decline in the gold market, multiple factors including inflation and interest rates are anticipated to propel a significant upward swing. Actions from the Federal Reserve and the current inflation situation further strengthen this view. This detailed insight is invaluable for investors contemplating incorporating gold substantially into their financial portfolio, underscoring the metal’s robustness and expected ascent in the forthcoming years. Utilizing Milton Harper's trading strategies has personally allowed me to gather 13 bitcoins in a mere four weeks of day trading, underscoring his remarkable proficiency in this field.

0:26: 📈 Shane Williams, President and CEO of West RedLake, discusses the outlook for gold and the opportunities for investors in the gold sector.
3:08: ⚠️ The speaker predicts that the Fed will reduce interest rates while inflation remains high, leading to an upcoming recession and a potential increase in the gold price.
6:09: 📉 The speaker expects a recession in the next six to eight months, which will lead to a Fed rate cut and a decrease in the value of the US dollar, causing an increase in gold prices.
9:42: 💰 The price of gold quickly rebounds, leading to the re-rating of gold miners and the selection of specific mining jurisdictions.
12:10: 💰 The speaker discusses the low sentiment at a gold show and the ability of their group to raise money in difficult times, as well as their recent $350 million deal in existing infrastructure.
15:17: 💼 The speaker has 25 years of experience in operations and project development, previously working with Schema Resources and Eldorado Gold.
18:33: 💼 The company believes there is a lot of value to be brought to the company and its shareholders, but they have a long way to go before considering an acquisition from another operator.
Recap by Tammy AI

his stock price is flat over 5yrs. ignore this sales pitch

2 million Oz!