What Wall Street Predicts for 2023 | The Gold Standard 2303

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Wall Street experts predict a tough economy and a bear market shortly. Increases in interest rates, trade tensions, geopolitical risks, a global economic slowdown, and more have all contributed to the storms that are now converging. The experts are warning that investors should brace for a significant market downturn and suggest that now may be a good time to review and adjust their investment portfolios to weather the storm.

We discuss the factors contributing to what Wall Street would call a “bearish outlook.” Ken provides insights on how investors can protect their portfolios in the weeks and months ahead.

The S&P closed out 2022, its worst calendar year performance since 2008, on a low note. The benchmark index fell more than 5% in December, finishing 2022 down almost 20%.

The Federal Reserve’s battle with rising prices is still far from over, and a recession will continue to cut deeper as things progress. Investor concerns about rising interest rates, slowing economic growth, and persistently high inflation triggered sustained bouts of selling throughout 2022. As the first quarter of 2023 continues, inflation and interest rates will remain Wall Street’s major worry.

The first few months of 2023 will likely be a critical economic period. While inflation appears to be trending downward, analysts and economists are concerned it may prove stickier than the market is anticipating. Although the labor market has proven resilient up to this point, it’ll probably be one of the first casualties of a deepening recession.

Mad happy money printing, coupled with the overvaluation of everything, has pushed asset bubbles as far they’re going to go, and they’re starting to pop. Sooner or later, the chickens come home to roost. The bill comes due, and there is a reckoning. As the economy continues to struggle, investors must take the necessary steps to protect their portfolios. The experts suggest reviewing and adjusting investment portfolios to weather the storm.

Ken talks about the many clients who come to him wanting to stop the bleeding as their investments continue to hemorrhage money. They desperately want to hold onto whatever wealth remains. The answer is to diversify by owning physical gold and silver.

Ken puts it most eloquently when he says, “Gold will reflect in value what the dollar loses by showing a higher price.”

Gold and silver are a good way for people to diversify their investments for a few reasons:
1. Hedge against inflation: Gold and silver have historically been a hedge against inflation. The value of these metals increases as the cost of living increases.
2. Store of value: Gold and silver have a long history of maintaining their value over time, which makes them a reliable option for long-term investments.
3. Low correlation with other assets: Gold and silver tend to have a low correlation with other assets such as stocks and bonds. Low correlation means that their prices tend to move independently of other investments, which helps to diversify a portfolio.
4. Liquidity: gold and silver are highly liquid assets. They can be easily bought and sold in the marketplace.
5. Safety of physical assets: Buying physical gold or silver is tangible and can be stored safely. Precious metals are a way to protect assets in case of a financial crisis.

The British Gold Britannia is a gold bullion coin minted by the Royal Mint in the United Kingdom. It is Great Britain’s version of our Gold American Eagle. England’s bullion coin debuted in 1987 and has become one of the world’s most recognizable and well-established coin designs.

As a legal tender with a face value of £100, the Gold Britannia contains 22-karat gold and weighs 31.21 grams. The obverse shows Lady Britannia, the warrior queen, an iconic symbol of Britain. Queen Elizabeth is on the reverse. The coin is popular among investors and collectors for its gold content, scarcity, and historical significance.

The image of Britannia on the British Gold Britannia coin gets its inspiration from the ancient Roman figure of the same name. She wears a helmet, which alludes to the Roman god of war, and carries a shield and Trident, a symbol of her power over the seas.

The Romans first began using the image of Britannia as a symbol of their province of Britannia, which included present-day England and Wales, during the 1st century AD. The figure of Britannia was often depicted on Roman coins and other forms of currency, as well as on military equipment and monuments. Roman occupation of Britain ended in the 5th century AD.
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