Andrei Jikh: GLD will rise

The window it was checked over

GLD closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.

What was said around it

claims. People buy and sell these pieces of paper that represent claims on the gold. And the majority of people never intend to take a single physical bar, right? Same as the MU example. And just like my card scheme, that means they can also write way more claims than there are actual pieces of metal sitting in their vaults. Now, estimates for how much paper gold there is varies cuz no one knows how much gold there really is in the world or how much paper there is. But the point is there is dramatically more paper than there is physical real gold. What that means then is that the price of gold today is probably lower than where it should be. That's how you suppress the price of an asset. Now, hold on. Where's my proof? Like, I can't just say we think there's more paper gold there. Trust me, bros. If what I'm saying is true, how would we know? There's a couple ways that we might know that that could be true. First, there would be a disconnect between the price of the physical thing and the paper thing. Think about it like this. If the world was 100% honest and this Miu only had one paper claim on it worth $100, the card and the claim would trade perfectly one to one because the world

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.