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Patterson Sees Gold Hitting All-Time High This Year

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Rebecca Patterson, former chief investment strategist at Bridgewater Associates, says says the surge in gold prices will continue due to global central bank purchases and demand from investors. “We’re close to an all-time high in gold. I would expect this year It’s going to hit a new all-time high,” she says on “Bloomberg Surveillance.”

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23 Comments

23 Comments

  1. @joaosas

    December 16, 2023 at 12:10 pm

    Gold is too expensive to store or carry. The supply cannot be audited so you don´t how much of it there really is. It´s divisibility is sub optimal… It is a liquid market but most times you´ll get a bad deal when selling.

  2. @Huzzarsky

    December 16, 2023 at 12:10 pm

    Gold today at 1935

  3. @sekookes5414

    December 16, 2023 at 12:10 pm

    This friday she has got Right.

  4. @chunzhu5049

    December 16, 2023 at 12:10 pm

    wrong fool

  5. @invictuslegend4405

    December 16, 2023 at 12:10 pm

    False. False. False.

  6. @kayhussain8468

    December 16, 2023 at 12:10 pm

    Not a gold bug but are we going through the early stages of hyperinflation if the world dumps the western currency and hold brics currency then we are heading to a hyperinflation sadly

  7. @goneviral8814

    December 16, 2023 at 12:10 pm

    Wise woman she knows that every central bank hates gold because gold will provide checks and balances

  8. @markg8597

    December 16, 2023 at 12:10 pm

    If gold has higher to go, it will likely get there through futures price manipulation which will likely precede a sharp downturn on the POG.

  9. @mt_gox

    December 16, 2023 at 12:10 pm

    triple top… heading down to $1300

  10. @graysontaylor-ek4nm

    December 16, 2023 at 12:10 pm

    Nice video!! Great content, but you should listen to it.!! With banks failing, investing in cryptocurrencies is a great way to diversify your income and leverage the potential to make a substantial return on your investment.

  11. @nowsherakpkvines4090

    December 16, 2023 at 12:10 pm

    Hi im nwe member

  12. @docjoei2224

    December 16, 2023 at 12:10 pm

    My son says gold isn’t complicated at all – just a single element (Au)😮😅

  13. @rjmcfly202

    December 16, 2023 at 12:10 pm

    Au👑📈, : always 🆒

  14. @susanpritchard

    December 16, 2023 at 12:10 pm

    Great news as always. Thank you for your balanced approach to news and markets. A lot has changed and it is almost true that I don't care about bulls and bears anymore as I am earning only 2.3 BTC a month with support from Kenny Brandon.

  15. @reinhard7572

    December 16, 2023 at 12:10 pm

    Gold should be $2,800 given everything going on.

  16. @JordanVic87

    December 16, 2023 at 12:10 pm

    Gold is the way

  17. @issacdragon3834

    December 16, 2023 at 12:10 pm

    Basically thr brick nation's are trying to take hurt the dollar that's near all times highs it would be foolish to hold dollars

  18. @JuaqiemMckelvy3214

    December 16, 2023 at 12:10 pm

    I remember when silver hit $47.

    .

  19. @omarespino964

    December 16, 2023 at 12:10 pm

    Strongly agree! If not why central banks buy so much gold? Because of its beauty? NO because of its value. History has proven it. You melt gold and still gold. You " melt" fiat money and what do we get ASHES! I might be wrong but the way the world is turning and evolving I see gold someday not far into the future at $3000+.

  20. @marcwhite6267

    December 16, 2023 at 12:10 pm

    Patterson is gold.

  21. @hamm24

    December 16, 2023 at 12:10 pm

    I think about the rich white people who watch this show and how unprepared they are for taking these con artists seriously. Gold is complicated and men can have babies😂

  22. @wanderingquestions7501

    December 16, 2023 at 12:10 pm

    With global de-dollarization and the end of the petro-dollar the dollar will only go lower.

  23. @michael2275

    December 16, 2023 at 12:10 pm

    Gold is great. Few understand.

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Open Interest 10/13/2026

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Get a jump start on the US trading day with Vonnie Quinn on “Bloomberg Open Interest.” Wall Street’s biggest banks kick off earnings season with mixed results as new challenges emerge for profits. The AI trade cracks further as the chip selloff extends. Apple makes a $299 smart-home push. Plus, UnitedHealth raises its outlook, J&J weighs an orthopedics spinoff, and KBW’s Chris McGratty breaks down the banks.

Chapters:
00:00:00 – Open Interest
00:02:00 – Big Banks Kick Off Earnings Season
00:03:33 – Chip Stocks Slide as AI Trade Faces New Questions
00:06:40 – Healthcare Earnings: J&J and UnitedHealth in Focus
00:12:32 – Christopher McGratty KBW | Bank Earnings, Trading Revenue and Margins
00:21:40 – AI Concentration Risks and Global Diversification
00:31:57 – Top Calls | Adobe, AST, JPMorgan
00:33:03 – Why Bank Stocks Aren’t Rallying
00:38:00 – Apple’s Smart Home Strategy and Foldable iPhone
00:44:23 – Housing Data, Mortgage Rates and CPI Expectations
00:47:18 – Inflation Risks, Oil Prices and Fed Policy
00:55:00 – Brookfield on Financing the AI Infrastructure Boom
00:57:31 – Laura Holson New Mountain Capital | Private Credit Opportunities and AI Funding
01:05:01 – Mike Nassif Neogen | Food Safety, Supply Chains and Product Recalls
01:14:32 – Narendra Modi on India’s Growth, AI and Global Trade
01:16:02 – CFTC Trading Investigation and Oil Markets
01:20:50 – Banks, Capital Markets and Wealth Management
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Markets in 3 Minutes

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Anna Edwards, Guy Johnson, Tom Mackenzie and Paul Dobson break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.” For up to the minute market intelligence and insight, click MLIV <GO>.
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China Reaches Deal with EU on Hybrid Car Shipments

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“Bloomberg: The China Show” is your definitive source for news and analysis on the world’s second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter.

Chapters:
00:00:00 – The China Show opens
00:03:15 – EU moves to cap Chinese hybrid car imports
00:09:08 – Oil prices in focus after deadly attacks in Saudi Arabia
00:12:20 – NUS’ Jean-Loup Samaan on the Middle East conflict
00:26:16 – Templeton Global Investments’ Yi Ping Liao on Chinese stocks
00:38:57 – CJP renews push for India’s top election official to resign
00:47:15 – Hong Kong outperforms peers as tech stocks struggle
00:50:24 – Oil markets weigh developments in Saudi Arabia and Ukraine
00:55:08 – Citi’s Stephanie von Friedeburg on financing challenges facing governments
01:02:24 – Exclusive: Tokyo Governor Yuriko Koike outlines her key priorities
01:10:00 – Pakistan’s finance minister on the economy
01:23:35 – Travel curtailed in Saudi Arabia following airport attack
01:28:24 – New Delhi tightens security amid tensions over India’s top election official
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China’s Trade Surplus Nears $1T as Exports Surge

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“Bloomberg: The China Show” is your definitive source for news and analysis on the world’s second-biggest economy. From politics and policy to tech and trends, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter.

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00:00:00 – The China Show opens
00:08:33 – HK regulators investigate Baicha over IPO rigging concerns
00:13:12 – CBOE’s Wei Liao on market breadth in Asia
00:23:01 – Bear market risks rise for China as policy hopes wane
00:28:28 – Bank of Thailand’s Piti Disyatat on monetary policy space
00:37:15 – Breaking: China’s September PPI hits 5% for the first time since 2022
00:38:38 – HSBC’s Surendra Rosha on expansion in India
00:47:35 – Foreign investor exodus adds pressure to Asian equities
00:52:48 – Why India is lagging China in manufacturing
01:00:11 – Belgian central bank’s Pierre Wunsch on the need for more rate hikes
01:06:55 – Exclusive: Indian Finance Minister Nirmala Sitharaman on combating capital flight
01:12:52 – Asia Society’s Kevin Rudd on US-China relations
01:24:49 – Barclays’ Pramod Kumar on India’s wealth market
01:31:41 – Mubadala’s Waleed Al Muhairi on the attractiveness of Asian equities
01:34:10 – Breaking: China releases September trade data
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Phenomenal Time To Be Investor, Not Consumer: Amoroso

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Anastasia Amoroso, chief investment strategist with Partners Group, joins Scarlet Fu and Tom Keene on “Bloomberg Money.” They discuss the bullish sentiment in the stock market, the potential for volatility in the near future, and rising global yields.
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