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Let’s get two important notes out of the way before we get into the meat of the article. I am not an economist but as a layman monitor of all things gold and silver I have NOT seen the evidence that precious metals are going to skyrocket as high as some real economists are saying. Call me a skeptic but I’m not nearly as bullish as they are. Do I think gold and silver have tremendous upsides? Yes. Do I see $3,000/$60 in 2023? No.
With that said, the second important note is that I am very bullish on the stability of physical precious metals. All but a handful of economists are saying we’re at or near the bottom which means that precious metals are as sound as they have ever been. The way I look at it, gold and silver are for protection and hedging, not for massive short-term appreciation. If I’m wrong and they do happen to skyrocket as some economists are predicting, great! Either way, it’s clear that now is the time to move wealth or retirement to the shiny stuff.
I’m not a financial advisor so I cannot give advice, but I have found four America First precious metals companies I recommend to those who are in the market for physical gold and silver. This comes after vetting a total of 31 companies so far. You can check out my recommendations here.
Now, let’s get to the meat. I started hearing rumblings about $3,000 gold ounces and $60 silver ounces last year. At the time, the big triggering factor was the idea that Russia would force countries to buy oil with precious metals. There were also the beginning of rumblings about Central Bank Digital Currencies. Inflation was, of course, skyrocketing as well.
The sentiment driving today’s predictions of $3,000/$60 follow the Fed and other central banks making moves. For example, market strategist David Hunter believes we’re in for a wild ride. According to Kitco:
Gold will reach $3k by October as markets ‘melt up,’ with the S&P expected to see at least 36 percent upside, according to David Hunter, Chief Macro Strategist at Contrarian Macro Advisors.
“My S&P target is six to seven thousand,” he told Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News. “My targets are gold to $3,000 pre-bust and silver to $60 pre-bust… We’ll probably see most of the melt-up move by the end of the summer, which could mean Labor Day, but it could stretch into September.”
Hunter, who correctly called the recent stock market bottom in 2020, claimed that markets are nearing the end of a 41-year secular bull cycle which began in 1982.
“That is when the disinflation trend began and interest rates peaked out,” he observed. “I think the highs of this bull market will not likely be seen again for decades.”
This is the part where your average precious metals salesperson would end the story. I’m not a precious metals salesperson so I’ll take Hunter’s and others’ predictions a few steps further. IF gold and silver skyrocket as predicted, it will almost certainly be very temporary. There will likely be a crash back to earth followed by a sustained modest appreciation period.
We’re poised to see the most volatile couple of years for precious metals. But the roller coaster ride we’re about to take with gold and silver will seem very tame compared to the massive turbulence other asset classes are going to experience. The reason I like gold and silver isn’t the idea of $3,000/$60 this year. It’s the prospect of much higher values in the next decade.
As David Hunter noted, after markets bottom during the bust, gold and silver will see significant upsides which could see them reach 10X multiples by 2030.
Those who may be in the gold and silver market soon have a very short window to get the metals while they’re still cheap, according to Hunter and other economists. The summer surge they’re predicting will make it less lucrative to get into precious metals at that stage.
Again, I’m neither an economist nor a financial advisor so take anything I say with a grain of salt. I just read and listen to a lot of financially intelligent people, and the general sentiment leans toward a near-term move of wealth or retirement accounts to physical precious metals. Here are the companies I recommend.
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Will America-First News Outlets Make it to 2023?
Things are looking grim for conservative and populist news sites.
There’s something happening behind the scenes at several popular conservative news outlets. 2021 was bad, but 2022 is proving to be disastrous for news sites that aren’t “playing ball” with the corporate media narrative. It’s being said that advertisers are cracking down, forcing some of the biggest ad networks like Google and Yahoo to pull their inventory from conservative outlets. This has had two major effects. First, it has cooled most conservative outlets from discussing “taboo” topics like Pandemic Panic Theater, voter fraud, or The Great Reset. Second, it has isolated those ad networks that aren’t playing ball.
Certain topics are anathema for most ad networks. Speaking out against vaccines or vaccine mandates is a certain path to being demonetized. Highlighting voter fraud in the 2020 and future elections is another instant advertising death penalty. Throw in truthful stories about climate change hysteria, Critical Race Theory, and the border crisis and it’s easy to understand how difficult it is for America-First news outlets to spread the facts, share conservative opinions, and still pay the bills.
Without naming names, I have been told of several news outlets who have been forced to either consolidate with larger organizations or who have backed down on covering certain topics out of fear of being “canceled” by the ad networks. I get it. This is a business for many of us and it’s not very profitable. Those of us who do this for a living are often barely squeaking by, so loss of additional revenue can often mean being forced to make cuts. That means not being able to cover the topics properly. Its a Catch-22: Tell the truth and lose the money necessary to keep telling the truth, or avoid the truth and make enough money to survive. Those who have chosen survival simply aren’t able to spread the truth properly.
We will never avoid the truth. The Lord will provide if it is His will. Our job is simply to share the facts, spread the Gospel, and educate as many Americans as possible while exposing the forces of evil.
To those who have the means, we ask that you please donate. We have options available now, but there is no telling when those options will cancel us. We have our GivingFuel page. There have been many who have been canceled by PayPal, but for now it’s still an option. Your generosity is what keeps these sites running and allows us to get the truth to the masses. We’ve had great success in growing but we know we can do more with your assistance.
Thank you, and God Bless!