Recession Is Here! Gold & Silver Ready to Make New All-Time Highs?
The global economy is currently facing a major downturn, with many experts predicting that a recession is imminent. The ongoing trade tensions between the world’s two largest economies, the United States and China, along with geopolitical uncertainties and the impact of the Covid-19 pandemic, have all contributed to a significant slowdown in economic growth.
In times of economic uncertainty, investors often turn to safe-haven assets such as gold and silver to protect their wealth. These precious metals have a long history of holding their value during times of financial turmoil, making them a popular choice for investors looking to hedge against inflation and economic uncertainty.
Over the past few months, both gold and silver have performed well, with prices climbing steadily as investors flock to these assets in search of stability. Gold, in particular, has seen its price soar to new highs, surpassing $2,000 per ounce for the first time in history. Silver has also experienced a significant increase in value, reaching levels not seen in years.
Many experts believe that both gold and silver are poised to continue their upward trajectory in the coming months, as the global economy struggles to recover from the effects of the ongoing pandemic. The continued uncertainty surrounding the US-China trade war, as well as the upcoming US presidential election, are expected to further boost demand for these precious metals as investors seek safe-haven assets to protect their investments.
In addition to their status as safe-haven assets, gold and silver also have a strong track record of performing well during times of inflation. With central banks around the world pumping trillions of dollars into their economies to stimulate growth, many investors are concerned about the potential for a surge in inflation in the coming months. Gold and silver are often seen as a reliable hedge against inflation, making them even more attractive to investors in times of economic uncertainty.
For investors looking to diversify their portfolios and protect their wealth during these turbulent times, gold and silver may prove to be an excellent investment choice. With prices already at elevated levels and the potential for further gains in the future, now may be the perfect time to consider adding these precious metals to your investment portfolio.
As the global economy continues to face challenges and uncertainties, gold and silver stand ready to make new all-time highs, providing investors with a safe and stable haven for their wealth in times of recession.
BREAKING: Recession News
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REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
Keep means out of the banks..only land, sliver, gold & lead nearby
No lajf
Horrible guest, he doesn’t even know how inflation happens, you can tell by his response to how it will go away. Didn’t mention GDP or Money printing once.
At present, the most prudent consideration for everyone should be diversifying their income sources, ones not reliant on government support, particularly given the ongoing global economic challenges. This remains an opportune moment to explore investments in assets like digital currencies such as Bitcoin, Ethereum, and XRP, thanks to Flora Elkin for her guidance in these fields her proficiency is outstanding
These people are DREAMING…Gold has not performed. Gold has not been a true hedge against inflation.
5 Year Performance:
Gold = +57%
Bitcoin = +1,366%
Which would you rather have owned? The one being manipulated, or the one being adopted?
Cheers
Heard that one before.
more bullshit