Rich Checkan: Gold Still "Dirt Cheap" at All-time Highs, Buy Now if You Haven't
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- เผยแพร่เมื่อ 2 ส.ค. 2024
- The gold price remains historically high, but for Rich Checkan of @AssetStrategiesInternational it's still "dirt cheap." He urged those who haven't made allocations to gold and silver yet to consider buying now.
"We're heading into the doldrums, we're kind of consolidating here. China's off the market ... so the prices are low here - at all time-highs, the prices are low. And because western investors aren't buying coins and bars, the premiums are low," he explained. "You've got the perfect storm here of low prices, low premiums - take advantage of it."
This interview was filmed on July 9, 2024.
#Investing #Gold #Silver
0:00 - Intro
0:28 - Gold and silver stealth bull market
2:56 - Western vs. eastern gold demand
4:26 - Fed has reached the end of its rope
9:04 - Election won't fix currency issues
11:33 - Gold still cheap at all-time highs
15:40 - Perfect storm to buy gold, silver
16:54 - Outro
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
❓Are you buying gold at today's prices? Tell us in the comments!
Rich made some great points. Better add to my gold and silver stacks! Thank you Charlotte for the interview
This is some of the best “no nonsense” investing information found on TH-cam, and the atmosphere of your interviews keeps people calm as they learn. Thank you for your time, and the videos.
Excellent interview. Well presented. Rich stating folks are selling gold (GLD/SLV or Physical) to pay credit card debt states how messed up personal finances are in North America. Paying 20%+ CC interest + and having a PM stack/position is a huge contradiction. Also: Hard for investors to wrap their heads around PMs being cheap now. Brains are wired for immediate gratification opposed to a longer-term hedge and wealth protection. PMs are like life insurance - difference is: you can use it and protect your family while you are still breathing.
from a miners perspective the gold / silver ratio for pulling the ore out of the ground is 9 : 1 ,or, 10 : 1 depending on who you talk to. silver is on its way to triple digits. people in the silver mining sector will see x4 or more when silver hit new all time highs.
SILJ looking very good.
@@MJLU280 jr. miners are risky.
I really enjoy your videos, youre very soft spoken, and it's very refreshing. Good for you for doing your thing.
Great Content 👍🏾
Very well researched.
Well done Miss Charlotte.