Silver and Gold are going to beat the dollar as stagflation nears! In a recent video I talked about an inflationary recession, or stagflation, could begin as soon as this summer. I believe silver and gold are going to beat the living daylights out of the dollar when stagflation officially starts. Our Gross Domestic Product or GDP–a key measure of our overall economic health–was down 1.4% for Q1 this year. Inflation shows no sign of stopping and there are several inflationary pressures threatening to push the cost of living much higher!

    In this video I explain the three reasons why GDP drop and the looming threats to each of the components that make up the GDP. I review personal consumption (fueled by increasing levels of debt) and the related loss of consumer confidence, at-risk private investment and the coming collapse of the bond and stock market, businesses selling off excess inventory and their fear of a recession, out of control government spending, and the growing trade deficit.

    I believe the gold and silver prices are going higher and that current silver and gold prices, relative to historic norms, are cheap! I stack silver and gold to hedge against our debt-fueled, fiat currency-based economy that I am convinced is nearing the end of the road! Consider stacking silver and gold yourself to help you build and preserve wealth.

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    Topics Discussed: silver, gold, bullion dealer, stagflation, inflation, GDP, recession, dollar collapse, economy, economic crisis, economic collapse, government spending, banks, silver bars, silver coins, silver rounds, silver eagles, precious metals, silver price, digital currencies, stock market, bonds, central banks, FED, federal reserve, invest, fiat currency, hedge, debt, wealth, silver stacking, stacking silver, stacking gold, stack silver, stack gold, silver bullion, gold coins, gold bullion, investing, investing in silver, how to invest, how to invest in silver

    #Gold #Silver #Recession

    28 Comments

    1. The tectonic plates have shifted,, the tide is going out and taking everything with it. The tsunami with be led by AG/AU as it will be the only thing left to safely, store your wealth. Can't carry oil in your pocket.

    2. Yankee do you have any coins you purchased with your collector hat on that don’t really go with stacking the Yankee way but are just really cool? Would love to see what coins you own that fit that description. Best precious metals channel on YouTube! Thanks Yankee

    3. We know it all will come crashing down if they try to pay for all this government spending through inflation, for the simple fact that the working class can't work long enough and make enough money to do so. One of my favorite quotes by Overtaxed Taxpayer is "Slavery never ended, it was perfected." Wake up America! We're all becoming debt slaves in a fiat world through our own government. Isn't it ironic that our own government is enslaving and oppressing the very people it's supposed to protect!

    4. Keep the passion coming Yankee! Truth matters.
      This bunch of morally depleted wicked globalist that are in Washington have sold their souls for a moment of pleasure, 😠 at our expense!
      The righteous our grieved when wicked people rule.
      I know this…God sees it all. Stay strong, keep going my friend 👍you're doing God's work.
      ❤️🇺🇸🙏⚔️🛡️

    5. If you are using a Credit Card to pay for the neccessities of life and can't pay it off in full on payday then you are truly up the creek without the paddle….or the boat! The worrying thing is, most of these people are still in work and have two incomes coming in, god help them when this recession/depression really kicks in and the redundancy notices start getting passed out!

    6. regardless of your projections here's the facts: if you bought 100$ worth of silver last week you would have about 77$ worth of silver today. premiums coupled with falling prices really makes metal unattractive right now IMHO. AND I WANTED TO BUY THE DIP! but with premiums sky high its just throwing money into the furnace.

    7. Some of your Eagle have a yellow tint. Is it just the lighting? I notice alot of Eagles I have bought in te last year or so have yellow marks on them. Does anyone else notice that

    8. I would rather spend our tax dollars on debt relief and healthcare for USA citizens than send it to fight wars we shouldnt be apart of or to our enemies.

    9. People who didn’t go to college gonna be paying for those who did. If it happens I’m done. Gonna remove myself from the system won’t ever pay any taxes I can avoid again.

    10. I use my CC for pretty much EVERYTHING. I get cash back so there's a good benefit and balance must be paid off every month.

    11. Not worried about stocks my porfolio is 70 percent divden stocks.The other 30 percent is in uranium,oil,gold,and silver miners.Lots of volatility in the market and I expect it to go lower.I am just dollar cost averging love discount.I never sell the divden stock and I can afford to lose the money in the commodity stocks.Also no debt including home and physical silver,gold,and platnium.Happy investing/Stacking.

    12. SD bullion isn't quite the christian company they portray themselves to be. Try some of their "Deals" they are sort of deceptive…to be kind. I hope they pay you well.

    13. Mortgage paid off. My student loans paid off. The wife's SL will be paid off in October. Debt free after that. That's pretty much most of the non-essentials. I hope silver hasn't blown up in November. it may be too late.

    14. Not sure why anyone would even buy metals right now, especially silver. There is a $7 premium…you help me understand how inflation will ruin your dollar, but paying 33% premium to own an asset is not??? Gold, fine, premiums are 4% but with expected rate hikes and a stronger dollar? My bet is on beat down quality names yielding a nice %. Economy is nit in the tubes and prices have corrected significantly.

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