US Economy Hits 'point of no return' | Gold & Silver Gear Up for Rally | The Gold Spot

A few cherry-picked metrics can create the illusion of stability, but there's no escaping the underlying vulnerability of markets. Investors need to take a sober look at the state of the economy to protect their wealth from these foundational weaknesses.Show more

Right now, experts are pointing to widespread market manipulation as gold and silver prices remain artificially low. Big banks such as JPMorgan have a proven history of meddling with the precious metals markets to maintain advantageous prices.

However, silver and gold prices will only remain deflated for so long. The cheaper prices are resulting in a massive surge in demand from retail investors and central banks. This manipulation gives the impression that the market is much stronger than it is.

In reality, the economy is reaching a point of no return as the debt crisis hits from various directions. In addition to the staggering $34 trillion national debt and $1 trillion interest payments, the US is facing another potential banking crisis and record-breaking credit card debt.

Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Precious Metals Advisors Tim Murphy and Joe Elkjer uncover the true state of the economy and explain how gold and silver can protect your wealth.

Read more here: https://www.sbcgold.com/blog/us-hits-point-of-no-return-as-gold-silver-gear-up-for-rally/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_02072024

⭐ RELATED LINKS:

The End of Gold Price Manipulation? What Investors Should Know: https://www.sbcgold.com/blog/the-end-of-gold-price-manipulation-what-investors-should-know/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_02072024

$34,000,000,000,000 US Debt Visualized: https://www.sbcgold.com/national-debt/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_02072024

11 Compelling Reasons Why Gold Should Be a Good Investment in 2024: https://www.sbcgold.com/investing-101/is-gold-a-good-investment/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_02072024

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⭐ @sbcgold Precious Metals Advisors in this The Gold Spot video:

👤 Joe Elkjer: https://www.sbcgold.com/about/joe-elkjer/

👤 Tim Murphy: https://www.sbcgold.com/about/tim-murphy/