NOW IT BEGINS: Gold Gains Ground, Silver Slingshots Higher!

If 2022 was a test of patience, 2023 will be a test of new highs for precious metals. As longstanding resistance levels in gold and silver are shattered, media pundits will have to redraw the lines on their charts and short-sellers will scramble to cover their positions.

The catalyst isn’t hard to identify, though the timing might confuse some people. Unprecedented stimulus money printing and spending during the COVID-19 crisis was bound to devalue the dollar and benefit precious metals. Yet, the impact was delayed in 2022 as the dollar looked strong compared to other weaker global currencies.

Finally, in 2023, the pendulum is swinging in the other direction and the U.S. dollar is reverting to its usual state: relentlessly losing value. You can see it everywhere from food prices to rent payments – reminders of why it’s necessary to keep some of your wealth in hard assets.

If you’ve been investing for a long time, you know how this scenario will resolve. The spot silver price was around $4 in 1976 but then rallied more than 1,000% to a record high of $49.45 in 1980 as inflation took hold.

Today, just as in 1980, gold leads and silver follows. As gold knocks on the door of $2,000 once again, only a couple of percentage points from its all-time high, silver is able to magnify gold’s rally due to its much lower price.

While gold is just shy of its historic high, silver can run 108% higher before it touches its all-time high. In other words, silver has plenty of room to run. If you can handle some volatility along the way, patience will be handsomely rewarded during this inflation-fueled bull market.

93% Of Investors Generate Annual Returns, Which Barely Beat Inflation.

Wealth Education and Investment Principles Are Hidden From Public Database On Purpose!

Build The Knowledge Base To Set Yourself Up For A Wealthy Retirement and Leverage The Relationships We Are Forming With Proven Small-Cap Management Teams To Hit Grand-Slams!

    Keep in mind that silver isn’t just a store of wealth; it’s also an industrial metal with a broad variety of applications including electric vehicle batteries. As China reopens its economy and businesses after prolonged COVID-19 restrictions, this will open the floodgates to a massive demand for silver in 2023.

    Besides, the severe imbalance of supply and demand practically ensures that silver will continue its long-overdue rally this year. Investors who followed my signals and bought below $20 are already reaping the rewards, but silver’s hot streak is really just getting started.

    As for the supply side of the equation, it’s been observed that the global silver supply peaked five to six years ago. The Silver Institute reports that the supply of silver from mine production topped out in 2016 at 900 million ounces, whereas it was only 843.2 million ounces in 2022.

    Of course, it still makes sense to anchor your portfolio with some gold, which is poised to move significantly higher. For outsized gains and diversification, however, adding silver to the mix is a smart-money move in 2023. History shows that silver shines when the dollar deteriorates. The impact isn’t always immediate, but it’s prolonged and powerful once the silver bullet is set in motion.

    Prosperous Regards,
    Kenneth Ameduri
    Chief Editor, CrushTheStreet.com

    Governments Have Amassed ungodly Debt Piles and Have Promised Retirees Unreasonable Amounts of Entitlements, Not In Line with Income Tax Collections. The House of Cards Is Set To Be Worse than 2008! Rising Interest Rates Can Topple The Fiat Monetary Structure, Leaving Investors with Less Than Half of Their Equity Intact!

    Protect Yourself Now, By Building A Fully-Hedged Financial Fortress!

      Disclaimer/Disclosure:
      Legal Notice: No matter how good an investment sounds, and no matter who is selling it, make sure you’re dealing with a registered investment professional. Use the free, simple search at investor.gov

      We are not brokers, investment or financial advisers, and you should not rely on the information herein as investment advice. We are a marketing company. If you are seeking personal investment advice, please contact a qualified and registered broker, investment adviser or financial adviser. You should not make any investment decisions based on our communications. Our stock profiles are intended to highlight certain companies for YOUR further investigation; they are NOT recommendations. The securities issued by the companies we profile should be considered high risk and, if you do invest, you may lose your entire investment. Please do your own research before investing, including reading the companies’ SEC filings, press releases, and risk disclosures. Information contained in this profile was provided by the company, extracted from SEC filings, company websites, and other publicly available sources. We believe the sources and information are accurate and reliable but we cannot guarantee it.

      Please read our full disclaimer at CrushTheStreet.com/disclaimer