Bullish on Gold & Silver: A Short-Term & Long-Term Perspective | The Gold Spot

1 year ago
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Investors are growing increasingly confused at stunted gold and silver prices. Despite ongoing economic pressures and increasing gold demand, spot prices don't seem to budge.

While it's worthwhile to look at the day-to-day performance of precious metals, this short-term perspective can muddle the picture. Over the past 100 years, the US dollar has lost 97% of its purchasing power while gold prices have gone from $20 an ounce to over $2,000 an ounce.

Unfortunately, decades of gold manipulation by major institutions have artificially capped the spot price of gold and silver. Just this year, two JP Morgan traders were sentenced to jail for gold market manipulation and fraud.

One of the most obvious signals that gold and silver prices are suppressed below their true value is the surging demand among central banks. In the past year, central banks have been scooping up gold at record rates.

Interest in gold and silver among retail investors might be at relative lows, but this creates a perfect gold and silver buying window for savvy investors. With mounting economic pressures such as surging oil prices, rising inflation, and boiling geopolitical tensions, it’s only a matter of time before physical gold and silver prices slingshot back to reflect their true value.

Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Precious Metals Advisors Tim Murphy and Joe Elkjer explain the disconnect between spot prices and value in greater depth and why NOW is the perfect buying opportunity for gold and silver investors.

⭐ RELATED LINKS:

🏦 Central Banks Buying Gold at Record Rates: Why Investors Should Care: https://www.sbcgold.com/blog/central-banks-buying-gold-at-record-rates-why-investors-should-care/

🪙 Paper Gold vs Physical Gold: Key Differences You Should Know Before Investing: https://www.sbcgold.com/blog/paper-gold-vs-physical-gold-key-differences-you-should-know-before-investing/

🪙 Understanding the Spot Price of Gold: https://www.sbcgold.com/investing-101/understanding-the-spot-price-of-gold/

🪙 Spot Price vs Physical Price of Gold & Silver: Why There’s a Difference: https://www.sbcgold.com/blog/spot-price-vs-physical-price-of-gold-and-silver/

📈 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/

👉 Gold Bullion Bars in Arizona:
https://www.sbcgold.com/buy-gold-and-silver/buy-gold-bars/

⭐ Advisors in this The Gold Spot video:

👤 Joe Elkjer, Precious Metals Advisor at Scottsdale Bullion & Coin: https://www.sbcgold.com/about/joe-elkjer/

👤 Tim Murphy, Precious Metals Advisor at Scottsdale Bullion & Coin: https://www.sbcgold.com/about/tim-murphy/

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