The Gold Spot | Why "The Worst is Yet to Come"
The Federal Reserve’s allegiance to rate hikes is causing severe damage to a rapidly deteriorating economy. Our financial elites have unilaterally decided that the financial security of the American people is a justifiable casualty in their war against inflation.
Housing rates are already hitting 2006-levels, putting more pressure on a shaky housing market. On top of that, the Bank of England is ringing warning bells about its unstable bond market which is putting the country’s entire financial stability at risk.
As the world’s leading economy, this unflinching strategy has ramifications around the globe. In fact, the International Monetary Fund #IMF just warned that the “worst is yet to come” and pointed its finger at these aggressive policies against inflation.
The Fed even tipped its hand when admitting that economic “pain” would be inevitable. All the economic tightening is suggesting the potential of an unavoidable recession that the financial elites seem to be eagerly bringing on.
Investors around the globe are taking shelter in gold, silver, and other precious metals to hedge against inflation and protect their wealth. The temporary strength of the dollar in tandem with relatively affordable gold and silver prices in the US makes for a golden buying opportunity.
Watch the video to hear what Scottsdale Bullion & Coin Precious Metals Advisors Joe Elkjer and Damian White are saying about the situation and why gold and silver are seeing sky-high demand.
📚 REALTED READING:
1) Gold and Silver Shortage Update: Demand for Physical Gold & Silver is ‘Off the Charts’:
https://www.sbcgold.com/blog/gold-and-silver-shortage-update-demand-for-physical-gold-silver-is-off-the-charts/
2) 2008 vs 2022: Market Similarities, Differences, & Gold’s Reaction:
https://www.sbcgold.com/blog/2008-vs-2022-market-similarities-differences-gold-price/
🔴 See live Gold and Silver Spot Prices:
https://www.sbcgold.com/charts/
🪙 Buy gold and silver coins in Arizona:
https://www.sbcgold.com/buy-gold-and-silver/coins/
👉 Buy Gold Bars in Arizona:
https://www.sbcgold.com/buy-gold-and-silver/buy-gold-bars/
👉 Buy Silver Bars in Arizona:
https://www.sbcgold.com/buy-gold-and-silver/buy-silver-bars/
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