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🟠BRICS BIG PLAN For GOLD and THE DOLLAR...(Silver too?)
In this video, we dive into the latest developments impacting silver, gold, and the US dollar. Despite a dip in silver and gold prices due to profit-taking, both metals held strong, with spot gold at $2400 and silver at $29. We'll also analyze the US dollar DXY chart and explore the CME Fed Watch Tool's prediction of a 99% chance of a rate cut in September. From geopolitical tensions to US politics, and the world's biggest IT outage, there's a lot to unpack. As Newmont Mining reports earnings next week, and with the upcoming PCE inflation numbers, we could see significant movement in the gold sector. We’ll also discuss the BRICS meeting and Russia's potential plan to challenge the dollar with a gold-backed currency, along with insights from Kitco and Pepperstone on gold's trajectory towards $2500, and more on ETF buying trends from FX Street. Plus, don’t miss our update on the 1.8 million solar panels installed in the USA!
Thanks to our Silver & Gold Bullion Dealer Sponsor PIMBEX!
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PIMBEX ADD: https://youtu.be/Vu1Ru8x84hI
Thanks to our Sponsor FIRST MINING GOLD!
Website: https://firstmininggold.com/
Questions: paul@firstmininggold.com Director of Investor Relations
Stock symbol: OTCQX: FFMGF / TSX: FF / FRANKFURT: FMG
Thanks to our Sponsor FORTUNA MINING!
Website: https://www.fortunamining.com/
Questions: info@fortunamining.com
Stock symbol: NYSE: FSM / TSX: FVI
Paid Promotion Disclosure: RONS BASEMENT YouTube channel is sponsored by Fortuna Mining and 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).
#silver, #silverprice, #gold, #goldprice, #ronsbasement, #economy, #platinum, #federalreserve, #fed, #silverstacking, #goldmines, #wallstreet, #preciousmetals, #housingmarket, #crypto, #cryptocurrency, #stockmarket, #foodshortages, #bitcoin, #jeromepowell, #stagflation, #usdebt, #bullion, #economiccrisis, #prepper, #dedollarization, #stockmarketcrash, #inflation, #geopolitics, #incomedistribution, #wealthdisparity
CONTACTS:
Ron
RonsBasementSilver@gmail.com
Suzie
RonsBasementSuzie@gmail.com
**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.**
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