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Gold Update: Making Bank

January 24, 2023

For today's video I'm gonna just illustrate the need for patience. Last year I said I think this is going to be a difficult year, and we had a huge huge move up out of the 2020 bottom, this four year cycle low, and one of two things either happens when you get a move like this, you either have a massive crash, which often happens in a bubble, or the other outcome is that you can just have a very difficult sideways chop that could last for months or even maybe several years and I think we're probably in the difficult sideways chop scenario.



The term “carat” comes from “carob seed,” which was standard for weighing small quantities in the Middle East.
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