Huge NEWS FROM FED! It'll Be INCREDIBLY MASSIVE for Gold & Silver Prices - Rafi Farber | Gold Silver

Huge NEWS FROM FED! It'll Be INCREDIBLY MASSIVE for Gold & Silver Prices - Rafi Farber | Gold Silver

Gold reserves no longer serve to settle international accounts. Yet they make up roughly 15 percent of global reserve assets. The main reason is that gold is a good hedge against exchange-rate or "currency" risk, meaning the risk monetary authorities incur by holding foreign exchange reserves.
One of the most popular and successful investments in recent years is gold. Investing in the precious metal surged to an 11-year high in 2023, and the price broke multiple records in 2024, the latest of which came in late October. It's possible that the metal could hit a new price record of 3,000 dollars per ounce, possibly even before December 31.
Rafi Farber is a financial analyst and expert in precious metals, known for his market insights. According to him, Bitcoin's growth inadvertently strengthens the US dollar. He explains that as new funds flow into Bitcoin, they effectively finance US debt and spread inflation globally, prolonging the dollar's dominance. However, Farber underscores that, unlike Bitcoin, gold underpins the dollar and is not leveraged by financial institutions. According to the IMF's reckoning, the world's monetary and fiscal authorities held 12,347 billion dollars in foreign exchange assets and 29,030 metric tons of gold, worth around 2.2 trillion dollars.
Discussing the dollar's value, Farber mentions the historical significance of debt. He emphasizes the role of debt in sustaining the dollar's value after it became non-convertible to gold in 1971. If all debt defaulted, money would vanish, leaving only gold reserves backing the dollar. However, America's deficit spending and inflationary policies fuel global "de-dollarization." If this predicament remains unresolved, more regions may turn to alternative reserve assets like gold, further boosting gold's safe-haven appeal.
In the interview, Rafi Farber predicts that gold and silver will continue gaining purchasing power, outperforming commodities and stocks long-term. He mentions gold's consistent edge over the S&P 500 since 1971. Farber suggests that stock-heavy investors may soon see limited real gains versus gold.
In 2024, gold prices reached record highs, showcasing strong performance along with equities, a rare dual rally that enhances portfolio diversification potential. Gold's price appreciated by more than 10% in 2017, 2019, 2020, 2023, and 2024. These years were strong on the equity side, with double-digit S&P 500 returns in each of these years.
In 2024, gold has outperformed the S&P 500 year-to-date, bolstered by factors such as Federal Reserve rate cuts and economic uncertainty. As inflation remains close to historical averages, gold offers investors an asset that maintains intrinsic value even in fluctuating markets.
Regarding monetary crises, Farber argues that silver becomes vital for trade as gold is impractical for daily use. He notes the gold-to-silver ratio often drops to 15:1, making silver essential.

Follow on X: / moneysense_off

"Welcome to our channel dedicated to gold and silver investing! In this video, we provide expert insights and analysis on the latest trends in the gold and silver market. Discover strategies for investing in precious metals, including gold and silver bullion, coins, and jewelry. Stay updated with real-time price updates and market news, and learn how to diversify your portfolio with gold and silver. Whether you're a beginner or an experienced investor, our channel offers valuable tips and guidance to navigate the world of precious metals.

Subscribe now for in-depth analysis, historical data, market forecasts, and more. Join our community of gold and silver enthusiasts and unlock the potential of these timeless assets. #GoldAndSilverInvesting #PreciousMetalsChannel #InvestingTips"

We bring you the latest news, insights, and analysis on gold, silver, and copper. Our videos cover a wide range of topics, including gold price, gold prediction, gold price forecast, silver price, silver price prediction, copper price, market trends, investment strategies, and industry news.

We share interviews from experts like Rick Rule, Peter Schiff, Mike Maloney, Lynette Zang, and many others. Stay up-to-date with the world of finance and make informed decisions with our expert insights. Subscribe now and never miss a video!

#gold #goldpriceprediction #rafifarber