Rich Checkan: Gold is Insurance, but Silver Has “Amazing” Profit Potential


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Rich Checkan, president and COO of @AssetStrategiesInternational, shares his thoughts on what it will take for the gold price to rise, saying that right now retail investors just aren’t involved in the sector.

“Central banks are still very strong, but the investors are not in this market,” he said. “I don’t see us going above US$2,000 (per ounce) and sustaining prices above US$2,000 without investors in the marketplace — they’re actually right now selling and not buying.”

This interview was filmed on November 2, 2023.

#Investing #Gold #Silver

0:00 – Intro
0:26 – Gold demand in Q3 and Q4
2:34 – Powell has run out of ammunition
9:48 – How can investors strategize today?
11:37 – Profit potential in silver is “amazing”
14:00 – Which gold and silver products to buy?
16:14 – Holding assets with real value is key
18:23 – 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.

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