Gold's Road Ahead: Gleaning Insights from the 1970s Price Surge | The Gold Spot
The economic and geopolitical landscapes haven't looked this bad in decades. Over the past week, clashes between Israel and Hamas erupted after a bloody Hamas invasion.
At the same time, Russia is still fighting to annex Ukraine and China is getting bolder. The economy isn't looking much better with inflation running freely and the US dollar growing weaker.
Many people feel as though the world is burning down around them. Savvy investors are taking this as yet another sign to stock up on gold and silver.
There are eerie similarities between the current global climate and the 1970s, when gold prices jumped from $150/oz to $850/oz in the span of a few years.
Central banks have stocked up on gold bullion at historical rates, and they’re certainly not slowing down now. Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Sr. Precious Metals Advisor Steve Rand and Advisor Brian Conneely explain how investors can best protect their wealth during these uncertain times.
⭐ RELATED LINKS:
🏦 Central Banks Buying Gold at Record Rates: Why Investors Should Care: https://www.sbcgold.com/blog/central-banks-buying-gold-at-record-rates-why-investors-should-care/
📈 See Live Gold and Silver Spot Prices:
https://www.sbcgold.com/charts/
🪙 Buy gold and silver coins in Arizona:
https://www.sbcgold.com/buy-gold-and-silver/coins/
👉 Gold Bullion Bars in Arizona:
https://www.sbcgold.com/buy-gold-and-silver/buy-gold-bars/
⭐ Advisors in this The Gold Spot video:
👤 Steve Rand, Sr. Precious Metals Advisor @sbcgold : https://www.sbcgold.com/about/steve-rand/
👤 Brian Conneely, Precious Metals Advisor at @sbcgold : https://www.sbcgold.com/about/brian-conneely/
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