The #gold price recently experienced its most significant intraday loss in nearly two years, prompting questions about its trajectory and its status as an investment. In this video, we delve into the reasons behind the drop and whether gold remains a viable investment option.

Despite the recent pullback, we maintain our bullish outlook on gold. Pullbacks are a natural part of a long-term uptrend, and historical patterns suggest that gold may still reach new highs this year. The fundamentals supporting gold, such as #inflation and #geopoliticaltensions, remain intact.

The current decline in gold prices can be attributed to profit-taking by futures traders and some market uncertainty. However, this should not overshadow the broader bullish trends in the gold market.

Factors such as rising bond yields, a strengthening U.S. dollar, and shifting expectations regarding Federal Reserve interest rate cuts have contributed to the recent downturn. Nonetheless, the long-term outlook for gold remains positive, especially considering escalating U.S. debt levels and continued central bank demand for gold as a reserve asset.

While short-term market fluctuations may cause concern, gold’s status as a hedge against inflation and currency devaluation remains unchanged. Investors may consider utilizing strategies like dollar-cost averaging to capitalize on potential buying opportunities presented by market dips.

For more insights on why we believe the gold rally will persist, watch our related video. Additionally, learn about our GoldSaver program, which enables investors to spread out their gold purchases over time for a disciplined approach to investing in gold.

Invest in GoldSaver:

If you’re looking to buy gold or silver coins or bars, GoldCore currently has good stocks available visit the following website to learn more:
US & ROTW –
UK –
Ireland –

_________________________________________________________________
GoldCore TV is the home of precious metals market information. Our channel features news, interviews, and podcasts with prominent industry figures to help people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest precious metals news and views.
Follow us on social media:
Facebook –
Twitter –
Disclaimer: Videos published are not investment advice and the views expressed may not reflect those of GoldCore ltd….(read more)

LEARN ABOUT: Investing During Inflation

REVEALED: Best Investment During Inflation

HOW TO INVEST IN GOLD: Gold IRA Investing

HOW TO INVEST IN SILVER: Silver IRA Investing

With the United States debt climbing a staggering $1 trillion every 100 days, it is becoming increasingly clear that this issue is not going away anytime soon. The national debt has been a hotly debated topic for years, with both politicians and economists expressing concerns over the long-term consequences of such high levels of debt.

As of now, the U.S. national debt stands at over $28 trillion, a record high that continues to grow with each passing day. The Covid-19 pandemic has only exacerbated this problem, with massive government stimulus packages being passed in an effort to revive the struggling economy. While these measures may have provided some short-term relief, they have also added significantly to the national debt.

One of the main concerns surrounding the growing national debt is the impact it will have on future generations. As the debt continues to climb, it will become increasingly difficult for the government to fund essential programs such as Social Security, Medicare, and infrastructure projects. This could ultimately lead to higher taxes and cuts to critical services, putting a burden on younger generations who will have to bear the brunt of these consequences.

Furthermore, a high national debt can also have negative effects on the economy as a whole. It can lead to higher interest rates, lower investor confidence, and decreased economic growth. This could result in a downward spiral that is difficult to reverse, putting the country at risk of a financial crisis.

While some argue that the U.S. has the ability to continue taking on debt indefinitely, others warn that this level of debt is unsustainable in the long run. Without significant changes to government spending and revenue sources, the national debt will only continue to grow, further jeopardizing the country’s financial stability.

In conclusion, the growing national debt in the United States is a serious issue that cannot be ignored. With the debt climbing at a rate of $1 trillion every 100 days, it is clear that action needs to be taken to address this problem before it spirals out of control. Whether through budget cuts, increased revenue, or a combination of both, something must be done to prevent this growing debt from becoming a major crisis in the future.