PREPARE to Be SHOCKED! Rafi Farber Drops BOMBSHELL Predictions for Gold & Silver in 2024
PREPARE to Be SHOCKED! Rafi Farber Drops BOMBSHELL Predictions for Gold & Silver in 2024
Because the white metal is currently worth around 1/86th the price of gold, buying silver bullion is affordable and stands to see a much bigger percentage gain if the silver price goes up. In fact, silver has outperformed gold prices in bull markets. An investor can hedge their bets with silver bullion in their investment portfolio.
Renowned market analyst Rafi Farber underscores that silver’s significant movement began in 2010, often trailing financial players’ actions. He predicts a surge in public interest could push prices to new heights, potentially lowering the silver-to-gold ratio to 15:1. Analysts expect additional stimulus actions, given that current measures may not be sufficient to reach the projected 4.8% growth rate this year. Since China is a primary silver importer, any economic turnaround will likely boost silver demand, especially for industrial purposes. This trend mirrors the rise in silver prices in 2011, supported by China’s growth.
From a technical perspective, Rafi notes the surprising stability of gold prices, which haven’t corrected in months, despite his expectation of a drop of up to 100 dollars. Drawing parallels to 2008-2011, he suggests a potential for a similar bull run despite current market challenges. Meanwhile, money managers have increased net-long positions in gold, while investors have added to exchange-traded fund holdings in recent sessions. SPDR Gold Shares, the world’s largest bullion-backed ETF, registered the biggest weekly inflow since March. Gold futures may rise to an average of 3,000 dollars in the fourth quarter of 2025, Commonwealth Bank of Australia analyst Vivek Dhar mentioned.
In his assessment, Rafi notes that in 2010-2011, physical silver coins were briefly traded at a discount to ETFs, signaling a derivative-based bubble. Currently, premiums are around 6-7%, and demand for physical silver persists. He suggests that interest will surge again during the next monetary easing, driven by rising concerns about the dollar. If demand is high, premiums can go up fast, making purchasing physical silver bullion more expensive and a less attractive investment.
According to New York Fed data, demand for the Fed’s overnight reverse repurchase agreement facility, or RRP, dropped on Tuesday to 238 billion dollars, the lowest since May 2021, from 261 billion dollars the prior session. It’s the latest in a string of declines since usage of the RRP spiked in late 2022, drawing into question the outlook for the central bank’s balance-sheet runoff.
While Rafi Farber remains agnostic about these theories, he asserts that any new round of monetary easing will likely drive up gold and silver prices. He emphasizes that today’s issues may be twice as severe as in 2019, marked by record short positions in two-year treasury notes, signaling growing financial instability. The overnight reverse repo facility has been at low levels, which has raised concerns about a potential liquidity crisis in the financial markets. The Federal Reserve has been shrinking its balance sheet since June 2022 through quantitative tightening.
In a historical context, Rafi notes that current market conditions reflect those leading up to major crises, with geopolitical tensions and economic instability setting the stage for potential upheaval.
Follow on X: https://twitter.com/MoneySense_Off
“Welcome to our channel dedicated to gold and silver investing! In this video, we provide expert insights and analysis on the latest trends in the gold and silver market. Discover strategies for investing in precious metals, including gold and silver bullion, coins, and jewelry. Stay updated with real-time price updates and market news, and learn how to diversify your portfolio with gold and silver. Whether you’re a beginner or an experienced investor, our channel offers valuable tips and guidance to navigate the world of precious metals.
Subscribe now for in-depth analysis, historical data, market forecasts, and more. Join our community of gold and silver enthusiasts and unlock the potential of these timeless assets. #GoldAndSilverInvesting #PreciousMetalsChannel #InvestingTips”
We bring you the latest news, insights, and analysis on gold, silver, and copper. Our videos cover a wide range of topics, including gold price, gold prediction, gold price forecast, silver price, silver price prediction, copper price, market trends, investment strategies, and industry news.
We share interviews from experts like Rick Rule, Peter Schiff, Mike Maloney, Lynette Zang, and many others. Stay up-to-date with the world of finance and make informed decisions with our expert insights. Subscribe now and never miss a video!
#gold #goldpriceprediction #rafifarber
4 Comments
Right now Bitcoin has alot of opportunities,much more than gold I would say,bitcoin is the new generational gold
When Ebay first came out you could buy drape bust $100, Tobacco tins full of old silver coins $50-$100. If I could do it all again
Agree. Very likely we r headed for a decade long bear market in all western assets. It will be a period of geopolitical n currency changes. Within US this is the chance to do the long-needed economic n social n government reforms. If we succeed, US will be on a long-term sustainable growth path in a decade. But we must take the pain 1st n do the adjustments. From investing pov, sell all US, european equities n bonds. Go long Gold and Crypto. Go long emerging market trade…….. I have managed to grow a nest egg of around 100k to a decent 432k in the space of a few months… I'm especially grateful to JinnyFranz whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Just because he has a rag on his head, does not make him smart.