“I’m approaching this with guarded optimism. Everyone feels we’re set up for a strong run in in 2023,” says Mark Yaxley, managing director of Strategic Wealth Preservation. The price of gold will “continue rising because the table is set for that” and “there seems to be more gains ahead for gold and silver,” he tells Daniela Cambone. He also claims that it’s a good opportunity to explore the precious metals sector now because “the premiums are quite soft now so take advantage while they last.” This soft premium is due to “a slowdown in the demand from retails investors for physical products” and the U.S. dollar’s value as well. “The Main Street is worried about what’s going to happen in the next 12 months and when the Main Street is worried, they start to look for outs. Gold and silver are one of those outs,” says Mark. Just in time for Valentine’s Day, Mark also shared his top gift ideas for your Valentine if you don’t have a present yet.

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    00:00 Is this time different for gold?
    3:40 Premiums have gone down for gold and silver
    4:41 What determines the premiums?
    5:53 What motivates people into exploring precious metals?
    8:59 The momentum for platinum
    10:51 Valentine’s Day picks
    13:59 Silver buyers versus gold buyers
    15:02 The selling process of gold and silver

    22 Comments

    1. Daniela I am glad your married because now I will go to New Zealand and meet Maddy ya she is from Southern China and a sound engineer! I need a break from this workman's compensation hassle

    2. Dollar sinks, Oil takes off and Gold makes new highs…why? …Fed pauses the war escalates in Ukraine. Russia will smash the Ukrainians to oblivion.

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