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As Instability Escalates, Gold & Silver Stand Firm | The Gold Spot
There’s been significant escalation globally and domestically, with supply chain issues, natural disasters, and intensifying conflicts. These events will have lasting impacts on investors, and those who prepare now will be better positioned to handle the challenges ahead.
Earlier in the week, striking U.S. dockworkers had shut down over a dozen east coast ports which are vital to U.S. trade. This strike underscores the lingering fragility of our supply chains, an issue still unresolved since the pandemic.
Tensions in the Middle East have reached a critical point, with Israel launching an offensive into Lebanon, provoking a missile response from Iran. The next moves will be crucial in determining how far the conflict will escalate.
At home, Hurricane Helene has devastated the southern US, claiming nearly 200 lives and leaving widespread destruction. Experts predict it may become the costliest hurricane in history.
As the presidential election approaches, more disruption is expected, with the conflict between the parties overshadowing the real issues affecting everyday Americans.
In this week’s The Gold Spot, Precious Metals Advisors Joe Elkjer and Todd Graf discuss how port closures and hurricane damage, among other recent events, highlight why physical gold and silver remain the safest assets.
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https://www.sbcgold.com/charts/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_01022024
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⭐ @sbcgold Precious Metals Advisors in this The Gold Spot video:
👤 Joe Elkjer: https://www.sbcgold.com/about/joe-elkjer/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_01022024
👤 Todd Graf: https://www.sbcgold.com/about/todd-graf/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_01022024
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