Tides Changing for Gold & Silver | The Gold Spot

Investors suffered an onslaught of economic challenges throughout 2022 from soaring inflation and a devaluing dollar to geopolitical tensions and beyond. As the economy falters, gold and silver prices are looking stronger.

Stocks, real estate, bonds, and other mainstream assets have topped off and retreated. On the other hand, gold prices have been standing firm above $1,900/oz so far into 2023, and silver prices are looking just as healthy.

Experts suggest gold will become a mainstay for investors over the next few years as we trudge through the economic doldrums for the foreseeable future. This is clearly understood by institutional investors as gold seems sustained demand.

Central banks around the world have been stockpiling gold in anticipation of prolonged economic turmoil with China leading the charge. The CCP has already accumulated over 20,000 tons of gold, and the buying is still going strong.

This increased demand is straining already depleted supplies of gold at the New York and London exchanges. Suppliers are desperately trying to keep up with the relentless waves of purchase requests.

Watch the video to hear what Scottsdale Bullion & Coin Precious Metals Advisors Tim Murphy and Joe Elkjer are saying about the strength of gold and silver prices, what 2023 has in store for precious metals, and how investors can put themselves in the best position to succeed.

🔗 RELATED LINKS:

🔮 Gold Price Forecasts 2023: https://www.sbcgold.com/gold-price-forecasts/gold-price-forecast-2023/

🔮 Silver Price Forecasts 2023: https://www.sbcgold.com/silver-price-forecasts/silver-price-forecast-2023/

▶️ Is Gold a Good Investment in 2023?: https://www.sbcgold.com/investing-101/is-gold-a-good-investment/

▶️ Why 2023 Should Be a BIG YEAR for Gold and Silver: https://www.sbcgold.com/blog/why-2023-should-be-a-big-year-for-gold-and-silver/

🔖 China Moves Closer to Petroyuan Dominance : https://www.sbcgold.com/blog/petrodollar-dethroned-china-moves-closer-to-petroyuan-dominance/

📈 See live Gold and Silver Spot Prices:
https://www.sbcgold.com/charts/

🪙 Buy gold and silver coins in Arizona:
https://www.sbcgold.com/buy-gold-and-silver/coins/

👉 Buy Gold Bars in Arizona:
https://www.sbcgold.com/buy-gold-and-silver/buy-gold-bars/

👉 Buy Silver Bars in Arizona:
https://www.sbcgold.com/buy-gold-and-silver/buy-silver-bars/