Economic Reality Check | Gold As Wealth Insurance | The Gold Spot
The widening gap between media and reality is widening as economic and geopolitical issues weigh on the financial stability of Americans. While individuals may feel powerless against these challenges, their response can still be proactive. In these circumstances, knowledge is power.
The government and talking heads struggle to keep the lid on various economic and geopolitical issues. Despite the prevarications and outright lies, #inflation is rising, the US-Mexico border isn’t secure, Ukraine and Israel are struggling to achieve their goals, and US debt is only going to grow.
With the stock market reaching new highs, investors are tempted to pour their money into stocks to catch some of the momentum. Unfortunately, the higher these inflated stocks grow, the higher the chances for a major pullback.
Savvy investors aren’t waiting around for the burdens weighing down on the economy to cause a full-scale collapse. Instead, they’re eyeing gold as a form of wealth insurance. Along with other precious metals such as silver, physical gold tends to maintain and even gain value in the face of economic downturns, securing investor wealth.
Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Sr. Precious Metals Advisor Steve Rand and Precious Metals Advisor Brian Conneely explain the economic and geopolitical risks investors face and how physical gold acts as wealth insurance during these uncertain times.
READ MORE: https://www.sbcgold.com/blog/economic...
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▶️ Precious Metals IRA - How Protect Your Retirement with Physical Gold & Silver: https://www.sbcgold.com/precious-meta...
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⭐ @sbcgold Precious Metals Advisors in this The Gold Spot video:
👤 Steve Rand: https://www.sbcgold.com/about/steve-r...
👤 Brian Conneely: https://www.sbcgold.com/about/brian-c...
Jump to:
0:00 - Welcome to The Gold Spot
0:11 - Economic Reality Check
1:25 - Gold as Wealth Insurance?
2:47 - 2023 IRA Contribution Reminder
#inflation #USdebt #stockmarket #gold #preciousmetals
#silver #physicalgold #goldspot
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