#GoldandSilverSurge #2023MarketForecast #AllTimeHighs
Uncover the potential of precious metals as we delve into the captivating world of Gold and Silver in our 2023 Market Forecast video. In this insightful presentation, we analyze the latest trends, economic indicators, and market forecasts to examine whether Gold and Silver are poised for an extraordinary price surge.
With 2023 shaping up to be a year of economic uncertainties and stock market volatility, investors are seeking safe-haven assets to safeguard their wealth. Gold and Silver, renowned for their historical value and inflation-hedging characteristics, are attracting renewed attention as a viable investment option. As we explore these precious metals’ historical performance and their correlation with global markets, we aim to shed light on their potential as a wealth preservation tool amid turbulent times.
Join us as we assess Gold and Silver’s role in portfolio diversification and their ability to appreciate, potentially reaching all-time highs by 2024. Our comprehensive market analysis will delve into factors influencing precious metal demand and the overall economic landscape, providing valuable insights for investors seeking to navigate the ever-changing financial landscape.
Whether you’re a seasoned investor or new to the market, this video is designed to equip you with essential knowledge to make informed decisions about your investment strategy. Don’t miss this opportunity to stay ahead of the curve and gain valuable perspectives on the future prospects of Gold and Silver in 2023 and beyond. Watch now and position yourself for potential prosperity and financial security. #GoldandSilverSurge #2023MarketForecast #AllTimeHighs
Subscribe to Finances Do Matter – Click On Link Below:
https://www.youtube.com/@financesdomatter?sub_confirmation=1
USEFUL LINKS:
Rich Dad Poor Dad: (Book & Kindle): https://amzn.to/3MaSkJR
Buffett’s 2-Step Stock Market Strategy: https://amzn.to/3IPDqqv
Buy Physical Gold & Silver Tax Efficiently: https://bit.ly/financesdomatter
Cashback UK Business Credit/Debit Card: https://bit.ly/cashbackbusinesscreditcard
Unveiling Two Income Powerhouses: Top Stocks for Impressive Dividends and Growth!
Subscribe to FDM : https://www.youtube.com/@financesdomatter?sub_confirmation=1
#wealth
#Invest
#finances
#subscribe
#financesdomatter
Affiliate Disclaimer:
I am either an affiliate of the links displayed or receive an introductory fee/commission for anyone who successfully applies for these products/services. My Being such an affiliate in no way increases the price you pay and very often will entitle you to a discount or joining bonus. Whilst I will have either used or researched all of the products displayed, please use your own due diligence before applying.
Legal Disclaimer:
The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on our Site constitutes a solicitation, recommendation, endorsement, or offer by @financesdomatter or any third party service provider to buy or sell any securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.
14 Comments
I am currently looking at the gold to silver ratio, contemplating selling off some of my silver to buy gold, owned a bulk of my silver since American Silver Eagles were $6.50 each, if silver breaks the $35 barrier and gold remains relatively stable, gold remaining under $2,200.
Very dangerous saying "gold to the moon" on YouTube you'll get loons saying $5k, $10k or $20k or more and $500 and $1000 silver
I agree with your analysis entirely. I also think that one of those "black swan" events you talked about is now baked in the cake given the chaotic geopolitical situation worldwide. When it happens, this will make all of the normal predictions about where precious metals are heading, obsolete. It will be fascinating (and frightening) to see where their prices go when that happens.
🚀🚀🚀
This is a new outlook from you, Once on a silver moon, do I hear steadfast bullish commentary on silver.
If rates go up and silver do down, it may be the opportunity to accumulate silver, due to nearing peak interest rates.
Have a pleasant cruise.
What’s your take on first majestic? Share price has been hit with the high price of construction
I remember not so long ago when interest rates were near zero and were set to rise that certain people were saying that the gold price would come down due to the fact that higher interest rates would hurt the gold price as the monies would flow into interest bearing bonds, deposit accounts etc, this however seems not to have happened and the gold price has held steady even though you could argue that your money was producing more in one of the said accounts! When the tables are turned and interest rates fall I would argue that the gold price should increase as had been mentioned by you, but it does niggle me slightly that what should have happened when rates were and are on the way up did not, then will the opposite happen when rates go lower? Sometimes logic doesn’t seem to work as you think it should and you can get caught out! I personally am hanging on to my gold until next year as I am hoping that logic this time will work out!!
Excellent report. Interesting times. 👍
YES! Finally! Richard is going bullish on silver/gold in the near future! 😊🥳👍
"To the Moon" doesnt really correlate very well with the crypto expression though, if a rise of 20-25% over the next 7 years is what we are looking at..!? 😆
Good stuff Richard. Everyone keep stacking those precious metals. 👍
My take on silver: The silver manipulation by paper traders is coming to an end. As prices rise the short selling declines so it is dangerous to bet silver will decline in price. Without all the manipulations I place the natural price of silver around $28.50 to $32. It is also not uncommon for the price to fluctuate by $5. I had previously stated $30 by end of summer 5 months ago. That may not happen. $28 is an important threshold that silver needs to be above for the real action to begin. By year's end I now predict a low of $32 to a high of $44. Even the conservative pundits now see silver in the "sweet spot" just before the price structure changes permanently higher. (We are NOT and have never been "pumpers")
Good video , very informative and positive .
I think that this is really important so I am repeating myself. There is currently an unfounded and unrealistic wave of optimism happening. Covid let up and we do not hear about it in the news here in the US anymore. Warmer weather, people taking trips, flying again and vacations beginning are all part of this new wave of optimism. As people spend more it appears like everything is great, inflation is coming down and so it's time to party.
The party this time however will be short lived. Macro cycles analyst David Hunter has been predicting a "Market Melt UP" which only naturally is followed by an epic crash. Literally this is what happened in 1928-1929. The melt up phase will seem really fun and every investor needs to be aware of the potential here – the possibility to make considerable gains if one is advantageously positioned, in a fairly short amount of time.
The key is to end the gambling and to know when to cash in and exchange assets for real ones like physical gold and silver.
Be aware that in any market crash cycle, very likely late this year or early next, the price of everything declines so gold and silver are not exceptions. My plan currently is to enjoy the melt up and near the top, sell stocks and 50% of my physical silver holdings. Next I wait for the crash even if it takes 6 months longer than I might have expected. What I really want to see is the third leg of the crash cycle, consider to never buy back in after the 1st as there is always more to come.
My suggestion is to review the 1928-1929 and the 2008-2009 crash cycles to see what happened. That way you will have a much better idea when to buy back in and this does require you to HOLD BACK any nervous reactions. At least 80% of all traders will most likely lose most of their holdings. I am still waiting on Richard to produce a series on how to properly use and employ stop loss orders to prevent "portfolio wasting". If he does not start by October I will comment in sections the basics of potentially
protecting your assets.
Disclosure; I am an adept amateur, not a financial advisor, conservative when it comes to finance and therefore cannot give direct financial advice. Feel free to disagree and most importantly do your own research and come to your own conclusions. Let the real data speak for itself. In my opinion MSNBC is brainwashing and Richard here on this channel is more than 100% reliable, honest and trustworthy. End.
Buying silver: My suggestion here is to buy generic bars or rounds that are extremely attractive. This past year the silver buffalo reverse proof like quality rounds (absolutely stunningly beautiful) were only 50 cents more each than the much lower quality minted ordinary buffalo rounds, some of which were poor quality minting and unattractive. Although a legitimate designation, DO NOT PURCHASE products that have the "COPY" stamp on the reverse as they will be harder to explain and sell later on. No one wants to see the word copy on something they want to be genuine.