Surging Demand & Dwindling Supplies Position Gold & Silver Prices for Big Jumps | The Gold Spot

The gold and silver markets are seeing unprecedented inflows of investment and exchanging lows as investors hedge against inflation, a free-spending government, and disastrous economic policies.

The #Biden administration’s promise to forgive student debt is estimated to set back the US by more than $400 billion. The only historical comparison was the economic bailout in 2008 which was barely passed at the last minute, showing just how frivolously the government treats taxpayer dollars now.

The #FederalReserve takes this contemptible position a step further by baselessly declaring that spending hundreds of billions of dollars won’t have a negative effect on #inflation. Clearly, the Fed takes no issues with lying right to the faces of the American people who will feel the brunt of this excessive spending down the line.

In the midst of this economic bedlam, gold and silver remain strong even as other markets falter disastrously. Retail investors from around the world are rushing into #gold and #silver to hedge against the inevitability of worsening inflation. These conditions have led experts to predict a significant rise in the value of gold and silver prices in the near future.

Watch the video to hear Precious Metals Advisor John Karow & Founder Eric Sepanek speak on the ramifications of Biden’s over-the-top spending, the rush towards precious metals, and where gold and silver prices could go soon.

📚 REALTED READING:

1) Surging Demand & Dwindling Supplies Position Gold & Silver Prices for Big Jumps
https://www.sbcgold.com/blog/surging-demand-dwindling-supplies-position-gold-silver-prices-for-big-jumps/

2) Premiums on Precious Metals Explained:
https://www.sbcgold.com/investing-101/premiums-on-precious-metals-explained/

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