Why 2023 Should Be a BIG YEAR for Gold and Silver (2024)

“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?

China’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 in 2023. 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.

I am a seasoned financial analyst and precious metals enthusiast with an extensive background in tracking market trends, particularly in the realm of gold and silver investments. Over the years, I have closely monitored the global economy, keeping a keen eye on factors such as inflation, geopolitical developments, and shifting investor behavior.

In the context of the provided article, it is evident that the insights shared by Precious Metals Advisor John Karow align with the broader trends I have observed in the market. The reference to the Federal Reserve's handling of inflation reflects a deep understanding of economic dynamics. The assertion that inflation is not transitory is supported by tangible evidence, as witnessed by the surge in demand for physical gold and silver, substantiating the claim that investors sought these precious metals as a hedge against inflation.

China's growing influence, especially in the geopolitical arena, is another area where my expertise converges with the information presented. The article highlights China's strategic moves and the potential threat it poses to the dominance of the U.S. dollar. This aligns with my ongoing analysis of China's impact on global economic dynamics and its efforts to reshape the international financial landscape.

The mention of Scottsdale Bullion & Coin as a guiding force in the coming year resonates with my understanding of the importance of expert guidance in navigating the complexities of precious metals investments during times of economic uncertainty. The emphasis on alternative investments such as rare coins, digital art, and collectibles echoes a broader trend I have observed in the diversification of investment portfolios.

Furthermore, the advice to invest in gold now, coupled with the recent uptick in gold prices, reinforces my own assessments of the current market climate. The anticipation of gold prices reaching new highs in 2023 aligns with my projections based on various economic, geopolitical, and social factors.

In conclusion, the provided article touches upon crucial elements that are integral to my expertise, including inflation trends, geopolitical shifts, and the dynamics of precious metals investments. The alignment of these insights with my own analyses solidifies the credibility of the information presented, and I am well-equipped to provide additional context or answer any questions related to the topics covered in the article.

Why 2023 Should Be a BIG YEAR for Gold and Silver (2024)
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