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TARIFFS ARE HERE - Can Gold & Silver Protect You?
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In this video I talk the new tariffs on Mexico and Canada as well as the new tariffs on China. China and Canada have responded with tariffs of their own. The stock market and cryptos are down today. Precious metals prices are up! Gold and silver price went up today as people are looking for that safe haven. Gold and silver have traditionally been the safe haven assets when there is chaos everywhere. Are we going into a recession? The Atlanta FED is estimated negative GDP for Q1, 2025. How does silver preform in a recession? I talk about how silver has only outperformed the S&P 500 in 3 of the last 7 recessions. This recession may be different as the FED is looking to cut rates while inflation is still high. Cutting rates while inflation is high can cause much more inflation. Will gold hit a new all time high this week? Saxo bank is prediction $3,000 gold this year because of the tariffs. Where do you think gold and silver are headed?
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