In this video, we’ll discuss how the recently released CPI inflation numbers could impact the prices of gold and silver in the short term, causing some friction in the market. However, we’ll also take a look at why the long-term outlook for these precious metals remains bullish, as the US dollar continues to be devalued and inflation eats away at its purchasing power. We’ll examine the factors that are driving gold and silver prices up, including the current economic climate and geopolitical tensions, and provide insights into what investors can expect in the coming months and years. Whether you’re new to investing or a seasoned pro, this video will provide you with valuable information on how to navigate the world of gold and silver investing in an inflationary environment.
FIRST MINING GOLD (additional information):
Website:
Questions: paul@firstmininggold.com Director of Investor Relations
Stock symbol: OTCQX: FFMGF / TSX: FF / FRANKFURT: FMG
Paid Promotion Disclosure: RONS BASEMENT YouTube channel is sponsored by First Mining Gold. Any information shared in this video should not be construed as investment advice or a recommendation to buy or sell the company stock (informational purposes only). Ron does own a significant number of First Mining Gold shares, which were purchased years before the commencement of this sponsorship arrangement.
RONS BASEMENT “MERCH”
“Blindfolded BEAR” T-Shirts, Hats, Mugs….
You Can Donate To RONS BASEMENT Here:
THANK YOU!
#silver #silverprice #gold #goldprice #ronsbasement #stockmarket #economy #federalreserve #silverstacking #goldmines
CONTACT:
Ron
RonsBasementSilver@gmail.com
Suzie
RonsBasementSuzie@gmail.com
Livestream every Tuesday at 10 a.m. Central Standard Time come join us in the basement, everyone is welcome!
Silver, silver price, wall Street Silver, Gold and silver, silver and gold, silver stacking, gold vs silver, housing market, crypto crash, stock market crash
Follow me on TWITTER: RonsBasement
Informational purposes only. Do not buy or sell anything, make any type of investment decision, adopt a puppy, get engaged or do anything based upon the information I share with you.
My current portfolio:
EQX, FSM, FFMGF, BBBXF, USAS, TSRMF, FSXLF, KGC, GOLD in order of highest to lowest position size.
ALSO hold positions in:
MMM, NOK
SILVER SPOT PRICE
GOLD AND SILVER
SILVER STACKING
SILVER NEWS
GOLD SPOT PRICE
SPOT SILVER
SILVER BULLION
SILVER SPOT PRICE TODAY
GOLD SPOT PRICE TODAY
INVESTING GOLD
PRECIOUS METALS PRICES
KITCO SPOT GOLD
PRICE OF GOLD AND SILVER
PRICE OF SILVER PER GRAM
GOLD AND SILVER SPOT PRICE
SILVER OZ PRICE
PRICE OF GOLD AND SILVER TODAY
GOLD PRICE OZ
J & M BULLION
BULLION
SILVER NEWS TODAY
US DEBT CLOCK
SILVER PRICE PREDICTION
Equinox Gold EQX
Fortuna Silver FSM
First Mining Gold FFMGF
Brixton Metals BBBXF
America’s Gold & Silver USAS
Fosterville South Exploration FSXLF
Treasury Metals TSRMF
Kinross Gold KGC
Barrick Gold GOLD
Hecla HL
First Magestic AG
Newmont NEM
Agnico Eagle AEM
Arizona Metals AZMCF
Snowline Gold SNWGF
GDX
GDXJ
HUI Index
NUGT
JNUG
Wall Street Silver
Nasdaq
Stock market
Russel 2000
Dow Jones
Federal Reserve Bank
I follow Andy Schectman, Rick Rule, Keith Neumeyer, Frank Giustra, Michael Gentile, Eric Sprott, Larry Lepard, Kitco, Stansberry, Brent Cooke, Peter Grandich, David Hunter, Daniela Cambone, John Feneck, Bill Powers, Stansberry Research, Rafi Farber, Charles Nenner, Greg Hunter, Goldman Sachs, Tucker Carlson, Joe Rogan, Peter Schiff, Andy Schectman, Michael Oliver, Kai Hoffman, Steven Van Metre, Jim Rickards, Russel Brand, Gerald Celente, Ed Steer, Ron Paul, J Bravo, Michael Pento, Gregory Mannarino, Lyn Alden, Heresy Financial, Sorelle Amore, I LOVE PROSPERITY, Gareth Soloway, Graham Stephan, Parker Schnabel, Jeffrey Gundlach, Michael Maloney, Alasdair Macleod, Bill Holter
Gold stocks, Gold mining, Investing, precious metals, Silver Mines, Silver Mining
Silver Stocks Rick Rule
Silver stocks to buy
Silver stocks Canada
Gold Silver stocks
Stock market today
Gold mining stocks 2022
Junior Gold Mining stocks
Investing gold coins
Gold and silver prices
Stock market crash
Inflation, hyperinflation
Uranium, uranium stocks, uranium stocks to buy
Oil, oil stocks, oil stocks to buy
Precious metals investing
Gold Rush
Gold investing for beginners
Reddit Wallstreetsilver…(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
**ALERT** CPI Inflation and the Future of Gold and Silver Investments
As the global economy continues to grapple with the aftermath of the COVID-19 pandemic, investors are increasingly turning to alternative assets to protect their wealth. Precious metals, particularly gold and silver, have long been viewed as safe havens during times of economic uncertainty. With the recent surge in inflation, CPI (Consumer Price Index) data has raised alarm bells and sparked interest in these traditional investments.
The CPI measures the average change in prices over time for a basket of goods and services consumed by households. It is widely used by central banks, governments, and investors to track inflation rates. In recent months, CPI inflation has been on the rise, outpacing previous estimates, and causing concerns about a potential spike in inflation. As a result, many investors are reevaluating their portfolios and seeking protection against the eroding value of fiat currencies.
Historically, gold and silver have been considered valuable assets, serving as a hedge against inflation and a store of wealth. During times of economic uncertainty or rising inflation, the demand for these precious metals tends to increase. This is because their value is not tied to any government or central bank, making them immune to the potential devaluation of fiat currencies.
Gold, in particular, has a long-standing reputation as a safe haven investment. Its scarcity, durability, and universal acceptance have made it a sought-after asset for centuries. When inflation is expected to rise, investors often flock to gold as a means to preserve purchasing power and mitigate risks associated with fluctuating prices. Silver, while also seen as a safe asset, has additional industrial uses and can benefit from increased demand in various sectors.
With inflationary concerns growing, it’s no wonder that gold and silver prices have already shown signs of appreciation in recent months. Inflation erodes the value of money over time, and investors seek to protect their wealth by allocating assets that are known to maintain or increase their value during such periods.
However, it is important to note that investing in precious metals is not without risks. Like any investment, gold and silver prices are subject to market fluctuations and can be influenced by various factors. Economic indicators, geopolitical tensions, and unexpected events can all impact the demand and prices of these metals.
Moreover, investors should consider their own risk tolerance and long-term investment goals before diving into the world of gold and silver. While these precious metals have proven their worth as safe-haven assets, they do not generate income or dividends like stocks or bonds. Gold and silver investments are typically seen as long-term hedges against economic uncertainty rather than short-term profit generators.
In conclusion, as CPI inflation continues to raise concerns for global investors, gold and silver have emerged as potential safeguards against eroding wealth. Their historical role as safe havens during times of uncertainty and inflation has led many to reexamine their investment portfolios. However, it is crucial for investors to carefully evaluate their risk tolerance and investment objectives before making any decisions. While gold and silver have their merits, they should be viewed as long-term assets rather than quick-profit mechanisms.
Great content buddy. Something Ive learnt over the years with gold and silver, the worse an economy is doing the better gold and silver performed, the current economies are now un sustainable, gold and silver in the long run are an amazing opportunity and i hate to say this as I know its gonna upset some one, in the long run, so is Bitcoin, worth holding just a bit of it. All the best to you all
the problem is they are liars so who knows what is truth, having said that, less and less trust in what they say is also good for silver and gold
Ratio gold 1-84 silver. 1980 ratio gold 1-10,15 silver. So silver more cheap
Ron where is the silver bear over your other shoulder?
Always enjoy your updates! Gold and Silver we trust
Bought Constitutional Silver 4 months ago, tried to tell family Buy Buy Buy but no. Too bad for them.
I've lost all faith in the government and don't believe a word they say! The department of labor and statistics is desperately trying to prop up this failed presidency. Spoilers, anyone with a functional brain cell know this potato puppet has forever damaged your childrens future. To each they're own im so glad i never brought children into this perverse twisted corrupt wicked evil world
The bull cases outweighs the bear cases right now. In the face off otherwise bearish news; Gold and Silver is rising in price.
Spot price is rising because the supply is not meeting the demand. I've heard countries are buying a lot right now, for the inevitable 'dedollarization'. I've also heard people, citizens, are buying a lot. Whether that's because they suddenly got gold fever, or they took a look at historical prices during periods of similar uncertainty is up for debate.
People calling for bear case, I just disagree….I think they're missing the big picture, and the big picture is something like….'balance of power in world changing, silver/gold being used by other countries to get off dollar, investors flocking to safe haven assets, banking crisis.'
That's too many data points for a bullish case to even consider a bear case beyond hearing the data points. The bear case datapoints are what? CPI? Fed rates? Give me a fu–ing break.
If those mattered more than the other data points, we'd not be in the middle of a bull run. It's that simple, and that's why the bear case makes me roll my eyes.
Something I'm curious about, and I haven't seen anyone talk about it lately; in this current silver run, with everyone buying out all the coin shops, and with the price of silver going up and widely predicted to go higher, how is this affecting the Comex and silver derivatives market? Everyone's heard many times about the contracts on Comex silver to the actual amount of silver they're holding, if enough people ask for physical deliver over the cash payout in order to hold onto it themselves for a later profit, could we possibly see a collapse of the Comex soon?
With the current demand, I have to wonder if the price drops will demand be even greater and supply (at the retail level) be even more strained?
I asked ChatGPT how much grocery items would go up if silver went to $500 and it said it would go up 200%. So the price of silver if it were too high the prices of goods would skyrocket.
Most People thought, THE B.P OIL SPILL was a huge DISASTER but actually a huge PAY DAY for B.P. Talked to a Pipe Welder ,son of a Shell Excutive. The Oil Recovered, was TAX FREE . Day after day ,Leaking , INTO their Pockets.
The only way to combat the Saudi oil production cuts to raise oil pricing is to bring back oil production in the states in earnest, problem there is our current administration will never do so as the environmentalists have too much influence there.
Thank You Sir.
Suppose you were waiting for a pull back to buy and it never came?
Another “ handful “ of countries aligned with China ; MANY are ALL applying to join the BRICS nations .
WHY IS THIS NOT ON THE 6:00 NEWS ?
Israel has riots in the streets and according to a heavy , heavy silver investor – he just got back from a trip from Israel and the shekel is dropping to the dollar , and they are talking about a complete transfer into physical silver !
Turkey still has major inflation and civil unrest ; still stockpiling physical GOLD !
A glitch at the New York Stock Exchange prevented the opening auctions for a slew of stocks on Tuesday, prompting widespread trading halts, confusion over whether orders were being filled at correct prices, and trades in more than 250 securities being busted
Thanks for all your content Ron. I have been watching you for about a year but I could be wrong as I am the same age as you and you know how time just flies by. Keep up the good work and useful information. Paul
What is the real value if gold and silver? George Gammon did a calculation based on inflation/debt and an ounce of gold is over $350K. What is the real value of silver? Can't wait for the gold standard.
Unless the fed cuts, which will have a long term effect, any hikes I feel are irrelevant because these increases won't be allowed to have an effect because cuts are coming as the year progresses, it will only have a short term influence on the retail traders
Awesome video, as always! I have just started my silver channel too, I'm not on tour level, but I just want to share my content and experience with fellow precious metal lovers! Keep up the good work!
There going to raise it .25% yet
not true about nothing Fed or biden can do about the oil ….we just need to be energy independent again ! 🙂