Dollar Dump Accelerates | Gold Buying Hits 55-Year High | The Gold Spot

People are growing increasingly skeptical of what their governments say as their actions always seem to contradict their official position. That’s why it’s important to watch what the powers that be are doing, rather than what they’re saying.

A recent report from the World Gold Council revealed that central banks across the world are scooping up #gold #bullion in record amounts. Unsurprisingly, #China and #Russia were among the largest accumulators of this #preciousmetal.

Countries are swarming to hard assets to #hedgeagainstinflation, economic downturns, geopolitical crises, and other threats to their local economies. Some might even be considering a return to the #goldstandard.

As #goldprices continue moving upward, the dollar is starting to falter. After a considerable rally over the past few years, technical signs show some serious weakness in the #greenback which threatens all dollar-linked assets.

Leaders around the world are taking notice of the dollar’s instability and the West’s loosening control of the global economy. This major shift is steering economies towards gold as a strong foundation and away from the #dollar which has untold consequences for Americans.

Watch the video to hear what Scottsdale Bullion & Coin Precious Metals Advisors Damian White and Todd Graf are saying about this change and how investors can protect their wealth moving into what looks like a turbulent 2023.

🔗 RELATED LINKS:

🔮 Gold Price Forecasts 2023: https://www.sbcgold.com/gold-price-forecasts/gold-price-forecast-2023/

▶️ Is Gold a Good Investment in 2023?: https://www.sbcgold.com/investing-101/is-gold-a-good-investment/

▶️ Why 2023 Should Be a BIG YEAR for Gold and Silver: https://www.sbcgold.com/blog/why-2023-should-be-a-big-year-for-gold-and-silver/

▶️ Gold Price Outlook 2023: https://www.sbcgold.com/blog/2023-gold-price-outlook-2-factors-boost-gold-prices/

🔖 China Moves Closer to Petroyuan Dominance : https://www.sbcgold.com/blog/petrodollar-dethroned-china-moves-closer-to-petroyuan-dominance/

📈 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/