We Are Going to Print Until the US Dollar is Worthless
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SUBSCRIBE to Our Channel: This week, the fiat Federal Reserve announced they would stand down and pause interest rate rises for now, barring incoming future data.
The spot silver price closed well higher, though, closing above $ oz bid as gold finished just over $1,925 oz bid.
The spot gold-silver ratio, as a result of silver strength closing the week, tightened back down to 81.
Despite the current market conditions, the fiat US dollar spot gold price has been relatively resilient. This is puzzling to gold bears, who might believe that gold should be getting hammered right now.
Central Banks and investors are increasingly buying gold bullion as a hedge against a potential recession. Investors are buying gold as a protection against long-term inflation and fiat currency devaluations coming.
Take advantage of our latest bullion deals like 1-kilo silver Johnson Matthey bars at only $ oz over the silver spot price while they last.
Find the Best Gold, Silver, and Platinum Bullion Deals Online at
That will be all for this week’s SD Bullion Market Update.
As always, to you out there.
Take great care of yourselves and those you love.
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