What the Fed Left Out: The Hidden Economic Dangers Ahead | The Gold Spot
The Federal Reserve addressed the nation last week at the Jackson Hole symposium. Chair Jerome Powell filled his speech with a lot of happy talk and diversion from key issues while slightly acknowledging that the transitory inflation theory was a mistake. What Powell didn’t say might end up being much more impactful than what he did say. The fiscal czar said nothing of the skyrocketing national debt or the government’s rampant spending.
Meanwhile, gold prices continue setting new records as economic uncertainty increases. While central banks are driving the demand, retail investors are starting to take notice. For investors who want to lock in some relatively low prices and reasonable premiums, the window of opportunity is closing.
In this week’s The Gold Spot, Scottsdale Bullion & Coin Founder Eric Sepanek and Precious Metals Advisor Joe Elkjer dive into what Powell said (and didn't say) and where there are still good buying opportunities in gold right now.
⭐ RELATED LINKS:
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📈 See Live Gold and Silver Spot Prices:
https://www.sbcgold.com/charts/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_08282024
🔗 Get Gold Bullion Bar Prices:
- https://www.sbcgold.com/buy-gold-and-silver/buy-gold-bars/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_08282024
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⭐ @sbcgold Precious Metals Advisors in this The Gold Spot video:
👤 Joe Elkjer: https://www.sbcgold.com/about/joe-elkjer/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_08282024
👤 Eric Sepanek
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