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This interview was filmed on May 17, 2022.
Precious metals like gold and silver are commonly viewed as safe-haven assets, and in today’s volatile times they can offer protection from turmoil in the broader stock market.
Mark Yaxley, managing director at SWP, suggested that now may be a good time for investors to start building or adding to a physical precious metals portfolio.
“My opinion is we are in the early stages of a market collapse — not for precious metals, but for the equity market, for the stock market. I think we’re going to go into a recession, (and) within the next 30 days to six months we’re going to see something pretty severe happen in the market,” he said.
#VRIC2022 #Investing #Gold
0:00 – Intro
0:20 – Physical gold demand in 2022
1:24 – What to put in your physical portfolio
5:09 – Premiums and storage options
10:16 – Collectible coins and selling tips
13:08 – Stock market collapse ahead
15:23 – Outro
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.