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The gold price remains historically high, but for Rich Checkan of @AssetStrategiesInternational it’s still “dirt cheap.” He urged those who haven’t made allocations to gold and silver yet to consider buying now.
“We’re heading into the doldrums, we’re kind of consolidating here. China’s off the market … so the prices are low here — at all time-highs, the prices are low. And because western investors aren’t buying coins and bars, the premiums are low,” he explained. “You’ve got the perfect storm here of low prices, low premiums — take advantage of it.”
This interview was filmed on July 9, 2024.
#Investing #Gold #Silver
0:00 – Intro
0:28 – Gold and silver stealth bull market
2:56 – Western vs. eastern gold demand
4:26 – Fed has reached the end of its rope
9:04 – Election won’t fix currency issues
11:33 – Gold still cheap at all-time highs
15:40 – Perfect storm to buy gold, silver
16:54 – 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.
