“The market is moving in a direction that supports owning precious metals. Make sure you’re in a position to take advantage of it.”– Precious Metals Advisor John Karow
It’s the beginning of a new year which means a chance to look back on what happened and see what the future might bring. 2022 was marked by unrivaled change, uncertainty, and excitement in the markets, but 2023 isn’t going to pull any punches.
Watch the video to hear Scottsdale Bullion & Coin Founder Eric Sepanek and Precious Metals Advisor John Karow review our past predictions, what this year might bring, and why 2023 is shaping up to be a big year for gold and silver.
The Fed’s Big Lie
No matter how consistently the Fed claimed inflation was transitory, we saw the writing on the wall. As inflation ravaged the economy throughout 2022, our prediction was validated, and the government’s lie was exposed.
Consumer behavior indicates that everyday investors weren’t fooled either as demand for physical gold and silver reached record highs. Throughout the past three years, investors flocked to physical gold and silver to hedge against inflation and secure their wealth.
👉 Suggested Reading: Is Silver a Good Hedge Against Inflation?
Get More Out of Your Gold & Silver Investments
Learn HowChina’s Growing Threat
China has made significant moves on the geopolitical chessboard this year, further confirming our early warnings of the country’s imminent threat to the US dollar and American hegemony. The Biden admin’s limp response to this growing threat only makes the country more vulnerable to China’s dominance on the world stage.
Xi Jinping doubled down on his influence-through-investment strategy by pouring money into developing countries such as fellow BRICS nations. Perhaps most concerning is China’s nearly-successful bid to encourage Saudi Arabia to ditch the dollar in favor of the petroyuan which would destroy USD dominance and further weaken American influence.
Although most of our predictions came true, 2022 was full of unprecedented events and unexpected changes. We’re planning to revise and update our series on the rise of the Petroyuan and China’s global rule throughout this year to make sure our clients and readers have the most up-to-date and accurate information.
Why You’ll Need Scottsdale Bullion & Coin in 2023
As the greenback faces pressure from China and economies around the world remain in freefall, investors aren’t taking chances with fiat-backed markets. Over the past few years, collectible markets have rallied to new highs including rare cars, digital art, baseball cards, and, of course, rare coins.
Some of our clients have even seen investment grade coins go from six-figure valuations to seven-figure within just five years. Even though 2023 is poised to be an impressive year for precious metals, you’ll still need an expert to guide you through the process. At Scottsdale Bullion & Coin, we can help you make investments that fit your parameters and align with your goals.
Don’t Wait to Buy Gold, Buy Gold & Wait
There are plenty of potential economic, geopolitical, and social factors next year that could propel gold prices to new highs. Expert predictions and institutional investments clearly indicate that gold is a good investment. Instead of standing on the sideline waiting to time the market, invest in gold now and wait until spot prices inevitably rise.
Just this Tuesday, gold prices notched six-month highs which is an early indication of where precious metals are headed in the not-so-distant future. If you’re interested in learning more about investing in gold and silver, request a FREE COPY of our popular Precious Metals Investment Guide today.