Discover and read the best of Twitter Threads about #goldprice
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The latest Sovereign Gold Bond (SGB) issue is open till Mar 10.
You can buy 1 gram (or 1 unit) of SGB at Rs 5,561.
But there’s a cheaper alternative.
You can buy previous issues of SGBs on #stock exchanges at a 5-6% discount. (Check image)
Should you buy them?
A 🧵
You can buy 1 gram (or 1 unit) of SGB at Rs 5,561.
But there’s a cheaper alternative.
You can buy previous issues of SGBs on #stock exchanges at a 5-6% discount. (Check image)
Should you buy them?
A 🧵
First, some quick facts.
Each SGB unit equals 1 gram of gold (999 purity).
New issues are sold through #banks.
There’s a Rs 50 discount on online purchases.
After the issue is over, #SGB is listed on stock exchanges.
This gives you the option to exit before maturity.
Each SGB unit equals 1 gram of gold (999 purity).
New issues are sold through #banks.
There’s a Rs 50 discount on online purchases.
After the issue is over, #SGB is listed on stock exchanges.
This gives you the option to exit before maturity.
SGBs mature in 8 years.
But they have a 5-year lock-in, which means you have the option to exit after 5 years.
On redemption, you get the prevailing market price of gold.
Plus, you earn an #interest of 2.5% every year on the issue price.
But they have a 5-year lock-in, which means you have the option to exit after 5 years.
On redemption, you get the prevailing market price of gold.
Plus, you earn an #interest of 2.5% every year on the issue price.
#Gold
There is a 16 year cycle for gold
The low is expected around 2029
2023 will be year 8 and so far year 5 (2020) is the high
See charts for bullish vs. bearish scenarios
#DXY #USD #goldprice #GOLD #SPX $GLD $SLV #SPX #QQQ $gld $silver #goldstocks #silver #silversqueeze
There is a 16 year cycle for gold
The low is expected around 2029
2023 will be year 8 and so far year 5 (2020) is the high
See charts for bullish vs. bearish scenarios
#DXY #USD #goldprice #GOLD #SPX $GLD $SLV #SPX #QQQ $gld $silver #goldstocks #silver #silversqueeze
We are either early in a new 8 year cycle or will be at some point in 2023 so the high for this next 8 year cycle is likely to be the high for this 16 year cycle.
Maybe it comes in 2025
That increases the odds of something like $3000 as next 8 yr cycle high/16 year cycle high
Maybe it comes in 2025
That increases the odds of something like $3000 as next 8 yr cycle high/16 year cycle high
And this is all in the context of the 30 year cycle where this new high in 2025 would become the high for that cycle top
A lot to watch for in the next 2 years!
A lot to watch for in the next 2 years!
#Gold
**30 year cycle**
Video review of the "30 year cycle"
There are 16 year cycles that you need to be paying attention to. Charts in following tweets
#DXY #USD #goldprice #GOLD #SPX $GLD $SLV #SPX #QQQ $gld $silver #goldstocks #silver #silversqueeze
**30 year cycle**
Video review of the "30 year cycle"
There are 16 year cycles that you need to be paying attention to. Charts in following tweets
#DXY #USD #goldprice #GOLD #SPX $GLD $SLV #SPX #QQQ $gld $silver #goldstocks #silver #silversqueeze
Bullish scenario for current 16 year cycle (2022 is year 7)
Bearish scenario for current 16 year cycle (2022 is year 7)
#GoldPrices are falling and the world’s biggest market for the yellow metal is hoping for more shoppers
businessinsider.in/stock-market/n…
By @pabsgill
businessinsider.in/stock-market/n…
By @pabsgill
@pabsgill #GoldPrices are finally falling after a year of being on the rise. And, people in the world’s biggest market for gold, India, are taking advantage of the opportunity.
#Gold
#Gold
@pabsgill Benchmark gold futures in the country have dropped 20% from a record high in August last year of ₹56,200. They are basically a deal to trade gold at terms decided now but with a settlement date in the future.
#Gold #GoldPrices
#Gold #GoldPrices
#Gold Investment long term success formula that no one tells...I will reveal...
Do u think gold can give -ve returns in longer term...(upto 15 years). Submit poll thinking about historic gold based returns...
#GOLDBEES
#GOLDSHARE
#goldprice
@WeekendInvestng dedicated 2 u...
Do u think gold can give -ve returns in longer term...(upto 15 years). Submit poll thinking about historic gold based returns...
#GOLDBEES
#GOLDSHARE
#goldprice
@WeekendInvestng dedicated 2 u...
I thank you all participants for their views on long term return on Gold in above poll and as promised here I will share foolproof strategy over multiple threads below to have conviction for Gold investing...
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1st thing 1st, it is very imp 2 understand why 2 invest in Gold?, does paper gold or physical gold or choosing any old generation method helps or not. Why gold? Why not all investment in equity because equity return is more than Gold in longer run
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#GOLD #goldetf #Bullion #ETF #goldprice #comex
GOLD MANIPULATION THREAD
the alchemy of " gold price exposure" was created in 1974 for the express purpose of managing price in lieu of physical metal supply. The London Gold Pool had collapsed in 1968
GOLD MANIPULATION THREAD
the alchemy of " gold price exposure" was created in 1974 for the express purpose of managing price in lieu of physical metal supply. The London Gold Pool had collapsed in 1968
and Nixon had suspended the dollar's convertibility into gold in 1971.
Absent of new physical sources to control price, investment products were soon created as vehicles for the purpose of siphoning off physical investment demand, Of course, it's not just futures/derivatives contracts that serve as gold price exposure
PAUL TUDOR JONES
on
Gold Bitcoin 2020s
on
Gold Bitcoin 2020s
THE GREAT MONETARY INFLATION
by Paul Jones & Lorenzo Giorgianni (10 pg, tweet thread)
Re: #Gold $Gold $GC_F $IAU $GLD $PHYS & #Bitcoin $BTC #BTC $USD
by Paul Jones & Lorenzo Giorgianni (10 pg, tweet thread)
Re: #Gold $Gold $GC_F $IAU $GLD $PHYS & #Bitcoin $BTC #BTC $USD
Our collective Debt Addictions & Obviously Fiat Currency Expansion is a Hard Habit to Kick
