How subscribers on a YouTube channel are earning profits in gold

In May of 2020, during the pandemic, the channel first introduced the gold investment to the group.  Gold was right around $1,700.39 per ounce. 

At that time, 62 subscribers signed up for a gold account, but only a few funded their accounts and experienced the full profit potential from May to November 2020 until now.

Over the months, more and more subscribers have funded their gold account and even set up the autopay option, where they automatically purchase a small amount of gold each month. 

These investors have experienced a profit of around $1,700.39 to $2,068.50, which is the gold price on February 2, 2024.  

Let's take a look at the gold recap for January 2024. 

A positive start to January for gold was influenced by expectations of a Fed policy pivot after its best yearly performance since 2020.  However, the Fed's hawkish comments and increased dollar and Treasury yields pushed gold downward throughout January.

Starting the month at $2,065, gold experienced a decline of 1.6% to $2,032 by the 3rd of the month due to remarks from Richmond Federal Reserve Bank President Tom Barkin. 

Barkin cited persistent inflation as a reason to consider increasing rates in 2024.  Along with this hawkish stance from the Fed, stronger-than-expected jobs data boosted both the dollar and bond yields, further reducing gold's appeal. 

As a result, by the 17th, gold reached a one-month low just above $2,000 due to a surge in the dollar index and an increase in the benchmark 10-year Treasury yield above 4%.

Following news that the U.S. and allies launched retaliatory strikes against Iranian-backed Houthi rebels in Yemen, gold managed to pare some of its monthly losses despite Fed hawkishness.

Thus, gold jumped to $2,032 by the 17th.  On the 31st, gold saw little change when the Fed announced that interest rates would remain unchanged.  Gold ended the month 1.4% lower at $2,037.

You can join the gold rush by setting up an autopayment using your debit or credit card.  Set it and forget it.  You will be amazed at how your account grows month after month.  Start with $5 or start with $50 a month.  Fund your account with $100 today and move forward with profits in precious metals. And TAKE POSSESSION OF YOUR GOLD, meaning have it shipped to your front door after you acquire a set amount.