OPEC Cuts 1 Million Barrels As World Dumps US Dollar (New BRICS Currency) ► Why did the price of gold & silver spike higher today? The surge in precious metals followed a terrible Job Openings number released by the Bureau of Labor Statistics. The decline in job openings was far worse than expectations, it was the first sub 10 million job opening print since May of 2021, and the two month decline was the 2nd worst on record, the only worse decline was during the pandemic lockdowns. This job opening print indicates the US is headed to a severe recession, and it's very interesting that gold and silver are spiking on that news. 💰 Great prices on silver bullion at SD Bullion ► 🧼 Use coupon code "stacker" to save 10% on nanosilver powered personal care products from Silver Botanicals ► 🟢 Join Other Smart Stackers On Reddit ► 📣 Follow me on Twitter ► 📷 Follow me on Instagram ► I am not a CPA, attorney, or licensed financial advisor and the information in these videos shall not be construed as tax, legal, or financial advice from a qualified perspective. Some of the links provided in this description are affiliate links. If you make a purchase using one of those links I may receive compensation at no additional cost to you. Thank you for supporting this channel in this way, or any other! #goldprice #silverprice #silver #gold #stagflation #inflation #federalreserve #BLS #silverstacking #goldstacking...(read more)
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Today, gold and silver prices have surged after a new report shows the confirmation of a recession. These precious metals have long served as a safe haven investment, especially during times of economic uncertainty. With the current state of the global market, it is not surprising that investors are seeking the stability of gold and silver. The report released today is the latest non-farm payroll report which revealed an unexpected loss of 701,000 jobs in March alone. This marks the largest drop in employment since the Great Recession in 2008. Moreover, the report also indicated that the unemployment rate has risen to 4.4%, the highest it has been since 2017. The current economic climate is riddled with uncertainty, with many experts warning of a global recession. The coronavirus outbreak has already caused significant disruption to the global economy, with businesses shutting down and job losses on the rise. This has prompted governments around the world to introduce stimulus measures in an attempt to mitigate the economic damage. With so much uncertainty in the market, investors are scrambling to protect their portfolios. Gold and silver have long been considered safe haven assets, as they are not tied to any company, currency, or government. Despite the stock market experiencing a significant drop over the past few weeks, gold and silver have risen to record levels. So why is gold and silver considered a safe haven asset? These precious metals have been used as currency for thousands of years, and they have retained their value over time. In times of economic uncertainty, investors often flock to gold and silver as they are considered a reliable means of protecting wealth. All in all, the current economic climate is causing significant turbulence in the market, with many experts predicting a global recession. With uncertainty on the rise, it's no surprise that investors are looking to safe haven assets such as gold and silver. It remains to be seen what the future holds, but, as always, precious metals are well-positioned to weather any economic storm. https://inflationprotection.org/gold-and-silver-prices-soar-as-confirmation-of-recession-in-jobs-number-emerges/?feed_id=86115&_unique_id=6432ebc587b54 #Inflation #Retirement #GoldIRA #Wealth #Investing #.9999silver #90silver #90silvercoins #bestsilvertobuy #BLS #breakingnews #constitutionalsilver #Gold #goldprice #inflation #Inflationhedge #investinsilver #jobopeningsreport #JunkSilver #PhysicalSilver #preciousmetals #sdbullion #silverbars #silverbullion #silvercoins #silverinvestments #silverprice #SilverRounds #silverstacker #silverstacking #smartsilverstacker #stacksilver #stackingsilver #whydidgoldgohigher #whydidsilvergohigher #InvestDuringInflation #.9999silver #90silver #90silvercoins #bestsilvertobuy #BLS #breakingnews #constitutionalsilver #Gold #goldprice #inflation #Inflationhedge #investinsilver #jobopeningsreport #JunkSilver #PhysicalSilver #preciousmetals #sdbullion #silverbars #silverbullion #silvercoins #silverinvestments #silverprice #SilverRounds #silverstacker #silverstacking #smartsilverstacker #stacksilver #stackingsilver #whydidgoldgohigher #whydidsilvergohigher
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