Don’t Overlook This ‘HUGE’ Gold & Silver Opportunity | The Gold Spot

July has seen intense political and economic fireworks as the U.S. approaches a contentious election with the economy in turmoil. Federal Reserve Chair Jerome Powell’s testimony to Congress highlighted the ongoing struggle against inflation and suggested possible rate cuts on the horizon.

The economic impact of high rates has strained the housing market, increased layoffs, and raised living costs. Right now, the economy is experiencing a yield curve inversion where short-term rates exceed long-term rates – a strong recession indicator.

As recession risks grow, savvy investors are pouring into gold, silver, and other physical assets. Gold prices and silver prices are expected to rise significantly once rate cuts are implemented and the economy tips into recession.

Getting in sooner ensures better returns and lower precious metals premiums. This strategic move is essential as the economy faces increasing pressure and potential downturns.

Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Precious Metals Advisor Joe Elkjer and Sr. Precious Metals Advisor Damian White explain the “powder keg” of economic turmoil and where gold prices and silver prices are likely headed.

READ MORE HERE: https://www.sbcgold.com/blog/dont-overlook-huge-gold-silver-opportunity/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_07102024

⭐ RELATED LINKS:

📈 See Live Gold and Silver Spot Prices:
https://www.sbcgold.com/charts/?utm_source=youtube&utm_mediu?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_07102024

🔗 Get Gold & Silver Bullion Bar Prices:
- https://www.sbcgold.com/buy-gold-and-silver/buy-gold-bars/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_07102024

🔗 https://www.sbcgold.com/buy-gold-and-silver/buy-silver-bars/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_07102024

🔗 Premiums on Precious Metals Explained: https://www.sbcgold.com/investing-101/premiums-on-precious-metals-explained/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_07102024

⭐ Scottsdale Bullion & Coin Precious Metals Advisors in this video:

👤 Damian White: https://www.sbcgold.com/about/damian-white/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_07102024

👤 Joe Elkjer: https://www.sbcgold.com/about/joe-elkjer/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_07102024