In this video, we explore the potential impact of the looming United States debt ceiling crisis on the prices of silver and gold. Back in 2011, when the country faced a similar situation, gold hit an all-time high, and silver skyrocketed to $48 per ounce. However, this time around, the circumstances are even more precarious. With the country’s mounting debt, a highly divided political climate, and a challenging global geopolitical landscape, the impact on precious metal prices could be even more significant. We’ll delve into the reasons why and discuss what investors can do to potentially benefit from this crisis.
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16 Comments
I'd take it. $48 per oz and above.
We win with the metals!
Hi 👋 Ron 🧸
Good morning my friend
Spiked to an all time high! Economy is fine but tax receipts are down?
But 2011 metal prices did not hold. Im totally prepared to liquidate my miner stocks if they all go on big runs. I hope they do. Selling my physical into it is another thing. altogether.
Thanks Ron and Chris! Took you advice and looked at Liberty Coin. Saved $150
I prefer to think they are crooks.
No accounting trickery. Treasury’s current accounts had $1.2T that Yellen has been spending down.
This is theater Ron! The Dems want to keep spending and so do the majority of GOP!
After FRC was bailed out Regional banks tanked. They are at their 2020 lows!
Good morning Ron. I’m here because you are special yes you. 🛎️🛎️🛎️🛎️🛎️
Parties in charge love to buy votes for short term gains despite long term detrements to the Nation. Low information (ignorant) voters always eat it up. Free, Free, Free.
Is that the new red shirt lol
Buy Silver and Platinum
I see Iran just seized another oil tanker.