Many have asked where gold and silver prices will go from here? Short term, no one knows!
Yes, US is on the verge of signing into law to raise the debt ceiling, thus avoiding a default. Will that lead to renewed confidence in the US economy and see prices of gold and silver to retreat?
However, the alternative view is then when all the euphoria of avoiding the default settles, investors will start to realise that more fiat currency would be printed. This in turn leads to higher gold and silver prices. I leave you a few links for your guidance:
Raising Debt Ceiling by $2.5 Trillion - Gold to Surge to $1950
Interview with James Turk
Part 1
Part 2
Have a good day!
Yes, US is on the verge of signing into law to raise the debt ceiling, thus avoiding a default. Will that lead to renewed confidence in the US economy and see prices of gold and silver to retreat?
However, the alternative view is then when all the euphoria of avoiding the default settles, investors will start to realise that more fiat currency would be printed. This in turn leads to higher gold and silver prices. I leave you a few links for your guidance:
Raising Debt Ceiling by $2.5 Trillion - Gold to Surge to $1950
Interview with James Turk
Part 1
Part 2
Have a good day!
Posts
No comments:
Post a Comment