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Investors and collectors are purchasing gold coins in record numbers during the pandemic. CNBC’s Eric Chemi reports on the surge and what’s causing it. Subscribe to CNBC PRO for access to investor and analyst insights on gold and more: https://cnb.cx/2BT2E7y » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC https://www.cnbc.com/select/best-credit-cards/ #CNBC #CNBCTV

27 Replies to “Investors scoop up gold coins in record numbers”

  1. I sold my bitcoin to buy Gold and Silver because very soon bitcoin will crash to O along with the dollar.

  2. Investing in crypto now should be in every wise individuals list, in some months time you’ll be ecstatic with the decision you made today.

  3. Bitcoin is the biggest Ponzi scheme in the history of the world it is nothing but make believe fantasy world of nothing and nobody knows who owns it that should tell you right there when it doesn’t work anymore there’s nobody there to be held accountable

    1. Exactly.
      These two are the only way to be certain that your money is always secure without a fear for economic break down

    1. Exactly. Look at that 20 year chart of gold and compare it to a 20 year history of the U.S. M1 or M2 money supply, Federal Reserve balance sheet from quantitative easing, or real & nominal inflation over the last 2 decades.
      I’d say compared to REAL wages from the 1970’s gold did a fantastic job of preserving wealth over holding cash during the same time period.
      We (the USA) have $31 trillion in national debt. Each taxpayer owes $245,000 to pay it off. Since that will never happen, the easy option
      (politically) is to slowly inflate the currency rather than cut government spending and raise taxes. To illustrate this effect, someday you’ll be telling your grandkids how back in the 20’s a gallon of gas only cost $4, a McDonalds cheeseburger was $0.99, and minimum wage was only $7.25 per hour. But a half-ounce of gold has represented a week’s worth of blue collar wages for a long time prior to 1933 and after the early 80’s when gold was allowed to be priced by the free market.

  4. Some feel the gold will follow the short term uptrend till 4th of January and once it reaches 1900, that will be the make or break based on the senate election results. If Democrats win both seats, gold will fall back and follow the long term trend and in case they don’t, it will break the long-term downtrend and go higher. What is your suggestion sir. Please clarify whether Gold is set to make or break 🙁

  5. I’m still buying precious metals, rare earth metals, and crypto. You never know if we get hit by an EMP from China or Russia. Always have physical assets.

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