Buy the Dip: Gold & Silver Prices Are a “Gift” Right Now | The Gold Spot

When you have a misguided government and a fledgling economy, it’s impossible to go even a short week without more blunders. It’s like a bad dream the American people can’t wake up from no matter how hard they try.

This week, Biden made a surprise visit to Ukraine in what can only be assumed is posturing for an eventual run in 2024. The political stunt only drove China and Russia closer together with Xi threatening to up his support for the war in favor of Putin.

While the President was getting photo ops halfway across the world, our financial czars finally had to acknowledge that inflation is still ravaging the economy after the release of the Fed minutes.

The news caused a slight pullback in gold prices and silver prices, but savvy investors know this dip is only temporary and are buying the dip. All the pieces are falling into place for a massive increase in gold’s value. It’s crucial to take a long-term perspective rather than focusing on the minutiae.

Paper markets are collectively losing stability, forcing people into the safe haven of physical precious metals. This is clear to see as central banks around the world are binging on gold at record rates.

Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Precious Metal Advisors Tim Murphy and Joe Elkjer explain why current gold and silver prices are a gift and why investors need to make moves quickly.