Name: All Signals Green 🟢 Why NOW Is the Prime Time to Buy Gold & Silver | The Gold Spot
Uploaded: 2024-03-01T22:00:00+00:00
Duration: 4 min 11 s
Description: A superficial view of the economy might prompt a promising outlook, but the reality on the ground is starkly different. The stock market is notching all-time highs, yet only a quarter of Americans hav

2 months ago

Finance Education gold silver gold and silver gold prices silver prices precious metals investing finance stocks

A superficial view of the economy might prompt a promising outlook, but the reality on the ground is starkly different. The stock market is notching all-time highs, yet only a quarter of Americans have a positive view of the economy.

While a handful of tech companies prop up stock indices, the broader economy is facing a series of obstacles including stubborn inflation, surging US debt, and record-setting credit card debt.

Smart investors are taking this opportunity to transfer profits from the stock market rally to precious metals in anticipation of an economic reversal. Interestingly, gold demand is relatively low given the widespread angst regarding the economy.

This temporary lull is providing proactive investors with a perfect opportunity to scoop up gold and silver coins and bars at excellent prices given the lower dealer premiums and stable spot prices. However, this chance won't last forever as the high from a strong stock market is going to wear off soon, leading to a massive rise in demand as investors realize the risk of paper assets.

Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Sr. Precious Metals Advisor Damian White and Precious Metals Advisor Todd Graf uncover the harsh reality of the economy and why NOW is an opportune time to buy physical gold and silver.

▶️ Economic Reality Check: Why Gold as Wealth Insurance Belongs in Your Portfolio: https://www.sbcgold.com/blog/economic-reality-check-why-gold-as-wealth-insurance-belongs-in-your-portfolio/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_02282024

▶️ U.S. Debt Visualized: $34 Trillion: https://www.sbcgold.com/national-debt/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_02282024

📈 See Live Gold and Silver Spot Prices:
https://www.sbcgold.com/charts/

🪙 Get Gold and Silver Coin Prices:
https://www.sbcgold.com/buy-gold-and-silver/coins/

👉 Get Gold & Silver Bullion Bar Prices:
- https://www.sbcgold.com/buy-gold-and-silver/buy-gold-bars/
- https://www.sbcgold.com/buy-gold-and-silver/buy-silver-bars/