Scottsdale Bullion & Coin

Investors are already taking stock of their portfolio performance during 2023 and preparing for the incoming fiscal year. Recent CPI data and rumors of rate cuts are already shedding some rays of hope through the shroud of uncertainty in the economy. The CPI numbers indicated that inflation is slowing down significantly. Even energy prices, which aren’t included in the CPI, dropped considerably. However, year-to-date inflation was still above the Federal Reserve’s target of 2%. During its December meeting, the Fed revealed its plan to reverse its policy of rate hikes in 2024. Most Fed officials suggested three different reductions in the upcoming fiscal year. Usually, these cuts result in a weaker dollar and stronger gold prices. In fact, many of our clients are already repositioning their assets in anticipation of a jump in gold. Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Precious Metals Advisors, John Karow and Damian White unpack the potential for rate cuts, their impact on gold prices, and how investors can put their portfolio in the best place to succeed. ⭐ RELATED LINKS: 📊 Gold Price Predictions and Forecasts 2024: https://www.sbcgold.com/gold-price-forecasts/gold-price-forecast-2024/ Gold Sets All-Time High Above $2,100/oz. Where Are Gold Prices Headed in 2024?: https://www.sbcgold.com/blog/gold-breaks-2100-where-are-gold-prices-headed-in-2024/ 📈 See Live Gold and Silver Spot Prices: https://www.sbcgold.com/charts/ 🪙 Buy gold and silver coins in Arizona: https://www.sbcgold.com/buy-gold-and-silver/coins/ 👉 Gold Bullion Bars in Arizona: https://www.sbcgold.com/buy-gold-and-silver/buy-gold-bars/ ⭐ @sbcgold Advisors in this The Gold Spot video: 👤 Damian White, Sr. Precious Metals Advisor: https://www.sbcgold.com/about/damian-white/ 👤 John Karow, Precious Metals Advisor: https://www.sbcgold.com/about/john-karow/

All the bears were shocked this week as gold blew past the $2,100 an ounce barrier that had bogged gold spot prices down for the previous three years. Predictably, gold spot prices receded after the bullish rally but stayed around the $2,000 an ounce mark. However, gold's most recent gains were quickly recovered, underscoring the precious metal's strength. The relentless and exponential increase in gold demand is the primary driving force behind this record-setting surge. Gold demand has remained high over the past few years as investors hedge against deteriorating economic conditions. China, Russia, India, and other BRICS nations have led this exodus from traditional assets such as US treasuries into gold and silver bullion. As gold prices gear up for further jumps, precious metals suppliers are preparing to cut costs to avoid inventory taxes. This combination presents investors with a favorable yet limited buying window. Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Sr. Precious Metals Advisor Steve Rand and Precious Metals Advisor Joe Elkjer explain how to secure this end-of-the-year special and where gold prices could be headed in 2024. ⭐ RELATED LINKS: 📊 Gold Price Predictions and Forecasts 2024: https://www.sbcgold.com/gold-price-forecasts/gold-price-forecast-2024/ 🏦 Central Banks Buying Gold at Record Rates: Why Investors Should Care: https://www.sbcgold.com/blog/central-banks-buying-gold-at-record-rates-why-investors-should-care/ 📈 See Live Gold and Silver Spot Prices: https://www.sbcgold.com/charts/ 🪙 Buy gold and silver coins in Arizona: https://www.sbcgold.com/buy-gold-and-silver/coins/ 👉 Gold Bullion Bars in Arizona: https://www.sbcgold.com/buy-gold-and-silver/buy-gold-bars/ ⭐ @sbcgold Advisors in this The Gold Spot video: 👤 Steve Rand, Sr. Precious Metals Advisor: https://www.sbcgold.com/about/steve-rand/ 👤 Joe Elkjer, Precious Metals Advisor: https://www.sbcgold.com/about/joe-elkjer/

Investors have been busy digesting an exciting week of momentous yet conflicting events. On the one hand, gold prices are close to setting new highs, and geopolitical tensions are cooling. However, a check beneath the economic hood reveals some systemic problems that must be addressed. Gold charts look healthy, with spot prices flirting with the most recent high of $2,100. Experts are calling for gold to blow past this resistance, which would turn the whole precious metals market bullish. Silver prices have made respectable gains, empowered by gold’s upward momentum. While the promise of rate cuts has some people pointing to a recovering economy, nearly all other indicators suggest the opposite. The US dollar is slipping close to a three-month low, and inflation continues to run wild. At the same time, US debt and consumer debt are breaking records, pushing the economy further towards turmoil. Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Founder Eric Sepanek and Sr. Precious Metals Advisor Steve Rand explain positive gold price outlook, why inflation isn’t improving anytime soon, and how investors can take advantage of a limited gold buying opportunity. ⭐ RELATED LINKS: 📊 Gold Price Predictions and Forecasts 2024: https://www.sbcgold.com/gold-price-forecasts/gold-price-forecast-2024/ 📰 Gold Prices Surge as New Trading Week Begins: https://www.sbcgold.com/blog/gold-prices-surge-as-new-trading-week-begins/ 🏦 Central Banks Buying Gold at Record Rates: Why Investors Should Care: https://www.sbcgold.com/blog/central-banks-buying-gold-at-record-rates-why-investors-should-care/ 📰 JPMorgan boss Jamie Dimon says the US is addicted to debt, and it's created a dangerous sugar high in the economy: https://www.businessinsider.com/us-debt-jamie-dimon-economy-fed-inflation-interest-rates-2023-11 📈 See Live Gold and Silver Spot Prices: https://www.sbcgold.com/charts/ 🪙 Buy gold and silver coins in Arizona: https://www.sbcgold.com/buy-gold-and-silver/coins/ 👉 Gold Bullion Bars in Arizona: https://www.sbcgold.com/buy-gold-and-silver/buy-gold-bars/ ⭐ @sbcgold Advisors in this The Gold Spot video: 👤 Steve Rand, Sr. Precious Metals Advisor: https://www.sbcgold.com/about/steve-rand/ 👤 Eric Sepanek, Founder.

Precious metals markets are signaling strong upward trends as economic and geopolitical conditions deteriorate. Gold prices recently broke past the $2,000/oz mark once again, demonstrating the metal’s fundamental strength. Even with this positive momentum, many investors are concerned about the suppression of gold and silver prices. Frustratingly, major institutions such as JP Morgan and other banks have been artificially holding down the value of precious metals for their financial gain. However, the growing imbalance of gold supply and gold demand is making it harder to manipulate markets. As central banks consistently ramp up their precious metals holdings, the supply of physical assets wanes. The world is starting to scrape the bottom of the buckets in terms of gold and silver consumption. It’s only a matter of time before gold and silver prices burst free of the stranglehold of market wide suppression. Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Precious Metals Advisor Joe Elkjer and Precious Metals Advisor Tim Murphy explain the mechanisms of market manipulation and why investors have a limited window of opportunity to invest in gold and silver. ⭐ RELATED LINKS: 🏦 Central Banks Buying Gold at Record Rates: Why Investors Should Care: https://www.sbcgold.com/blog/central-banks-buying-gold-at-record-rates-why-investors-should-care/ 📊 Gold Price Forecasts 2024: https://www.sbcgold.com/gold-price-forecasts/gold-price-forecast-2024/ 📈 See Live Gold and Silver Spot Prices: https://www.sbcgold.com/charts/ 🪙 Buy gold and silver coins in Arizona: https://www.sbcgold.com/buy-gold-and-silver/coins/ 👉 Gold Bullion Bars in Arizona: https://www.sbcgold.com/buy-gold-and-silver/buy-gold-bars/ ⭐ Advisors in this The Gold Spot video: 👤 Joe Elkjer, Precious Metals Advisor @sbcgold : https://www.sbcgold.com/about/joe-elkjer/ 👤 Tim Murphy, Precious Metals Advisor at @sbcgold : https://www.sbcgold.com/about/tim-murphy/

The most recent CPI and PPI reports have some investors mistakenly assuming the worst of inflation is over. These seemingly promising numbers misleadingly suggest the Federal Reserve is close to achieving its goal of a 2% inflation rate. In reality, these reports only show a drop in the inflation rate rather than a decrease in inflation. In other words, prices are still increasing but at a slower rate. This more accurate PPI and CPI numbers reading isn’t quite as promising. However, the economy still responded to the news as if conditions were drastically improving. The stock market and gold prices saw a bump upward while the dollar's value slipped. This is indicative of the widespread belief that the inflation rate is the same as inflation. The current economic situation is eerily similar to the 1970s when stagflation raged for years straight. During this period, inflation came in waves instead of maintaining steady escalation. This can provide an important lesson for investors not to get complacent now. Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Precious Metals Advisor Todd Graf and Sr. Precious Metals Advisor Damian White explain the cold hard truth behind inflation, where the economy could be headed, and why investors should take this opportunity to scoop up more gold. ⭐ RELATED LINKS: 📈 See Live Gold and Silver Spot Prices: https://www.sbcgold.com/charts/ 🪙 Buy gold and silver coins in Arizona: https://www.sbcgold.com/buy-gold-and-silver/coins/ 👉 Gold Bullion Bars in Arizona: https://www.sbcgold.com/buy-gold-and-silver/buy-gold-bars/ ⭐ Advisors in this The Gold Spot video: 👤 Todd Graf, Precious Metals Advisor @sbcgold : https://www.sbcgold.com/about/todd-graf/ 👤 Damian White, Sr. Precious Metals Advisor at @sbcgold : https://www.sbcgold.com/about/damian-white/

In honor of Veterans Day, Scottsdale Bullion & Coin offers limited-time specials to veterans and active-duty military members with exclusive bullion and coin deals. This is our way of expressing gratitude and providing the credit our military members deserve. The bullion and coin specials will be available for one day only, Friday, November 10, 2023, and you must call the day of for the details. Also, this Veterans Day, we’re honored to highlight two veteran-focused charities we’re proud to support: The American Service Animal Society (Dogs4Vets) and Angels of America’s Fallen (AOAF). The American Service Animal Society pairs disabled veterans with service animals to improve their mobility, mental health, and autonomy. Recently, we learned about the fantastic work being done by Angels of America’s Fallen (AOAF), which supports the children of fallen military members and first responders by funding extracurricular activities to foster mentorship and personal development. Watch this week’s unique The Gold Spot to learn about our exclusive veterans day deals and how you can support these amazing organizations. 🇺🇸 SBC's Veterans Day Bullion & Coin Specials: 📅 Friday, November 10, 2023, between 8:30 am & 4:00 pm. 🪙 Exclusive specials on bullion and coins for veterans and military personnel. (Valid proof of service is required. ) ☎️ Must call for details: 1-888-812-9892 Veterans Charities Highlighted in This Video: American Service Animal Society (Dogs4Vets): https://dogs4vets.org/ Angels of America’s Fallen: https://aoafallen.org/

Global turmoil has investors seeking refuge in safe-haven assets, especially physical gold, as inflation surges and wars escalate. Gold has boldly crossed the $2,000 an ounce threshold, marking its highest level since mid-2023. The soaring demand for gold bullion is fueling this impressive climb, but some investors wonder if it's too high. In times of uncertainty, the investment behavior of central banks can be a guiding light for investors. As gold prices reach relative highs, governments have only ramped up their gold-binging, on track to set a new record in 2024. Central banks understand that the harsh economic and geopolitical realities behind the surge in gold prices aren’t going anywhere anytime soon. The #FederalReserve is still fighting inflation, Russia is still invading Ukraine, Hamas and Israel are still at war, and the #dollar is still under attack. Join us on this week's The Gold Spot, where Scottsdale Bullion & Coin Precious Metals Advisor Joe Elkjer and Senior Precious Metals Advisor Steve Rand dive into the recent surge in gold prices, why gold remains a fantastic investment at current levels, and what the future holds for investors. ⭐ RELATED LINKS: 📈 See Live Gold and Silver Spot Prices: https://www.sbcgold.com/charts/ 🪙 Buy gold and silver coins in Arizona: https://www.sbcgold.com/buy-gold-and-silver/coins/ 👉 Gold Bullion Bars in Arizona: https://www.sbcgold.com/buy-gold-and-silver/buy-gold-bars/ ⭐ Advisors in this The Gold Spot video: 👤 Joe Elkjer, Precious Metals Advisor @sbcgold : https://www.sbcgold.com/about/joe-elkjer/ 👤 Steve Rand, Sr. Precious Metals Advisor at @sbcgold : https://www.sbcgold.com/about/steve-rand/

That 70s Show is stuck on a loop as the economic and geopolitical landscapes reflect conditions of 50 years ago. If things continue playing out on a similar note, it's bad news for the economy but good news for gold prices. The domestic economic situation is reaching new lows as Treasury yields near 5% - the highest rate in over 15 years. As bond rates jump, the value of investments sinks resulting in widespread panic in the worldwide economy. Banks are reporting massive unrealized losses as governments dump their US securities. Investors are feeling the squeeze too as the US dollar dwindles in value and the stock market dries up in value. At the same time, US debt moves full steam ahead into uncharted territory. With two major wars to fund and a spend-crazy administration in charge, the government is revving up for even more spending in the short term. The Federal Reserve is wedded to failed policies that only escalate economic pressures. It’s only a matter of time before something breaks, and the American people will – once again – be in position to bear the brunt. Interestingly, gold saw a price boost despite the bond fiasco, leading many to wonder if the precious metal will decouple from bonds like in the 1970s. If so, gold would be in prime position for some massive moves. Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Precious Metals Advisors Joe Elkjer and Damian White explain the ensuing bond shock, the monumental US debt, and how these economic pressures are impacting gold prices. ⭐ RELATED LINKS: 📈 See Live Gold and Silver Spot Prices: https://www.sbcgold.com/charts/ 🪙 Buy gold and silver coins in Arizona: https://www.sbcgold.com/buy-gold-and-silver/coins/ 👉 Gold Bullion Bars in Arizona: https://www.sbcgold.com/buy-gold-and-silver/buy-gold-bars/ ⭐ Advisors in this The Gold Spot video: 👤 Joe Elkjer, Precious Metals Advisor @sbcgold : https://www.sbcgold.com/about/joe-elkjer/ 👤 Damian White, Sr. Precious Metals Advisor at @sbcgold : https://www.sbcgold.com/about/damian-white/

The economic and geopolitical landscapes haven't looked this bad in decades. Over the past week, clashes between Israel and Hamas erupted after a bloody Hamas invasion. At the same time, Russia is still fighting to annex Ukraine and China is getting bolder. The economy isn't looking much better with inflation running freely and the US dollar growing weaker. Many people feel as though the world is burning down around them. Savvy investors are taking this as yet another sign to stock up on gold and silver. There are eerie similarities between the current global climate and the 1970s, when gold prices jumped from $150/oz to $850/oz in the span of a few years. Central banks have stocked up on gold bullion at historical rates, and they’re certainly not slowing down now. Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Sr. Precious Metals Advisor Steve Rand and Advisor Brian Conneely explain how investors can best protect their wealth during these uncertain times. ⭐ RELATED LINKS: 🏦 Central Banks Buying Gold at Record Rates: Why Investors Should Care: https://www.sbcgold.com/blog/central-banks-buying-gold-at-record-rates-why-investors-should-care/ 📈 See Live Gold and Silver Spot Prices: https://www.sbcgold.com/charts/ 🪙 Buy gold and silver coins in Arizona: https://www.sbcgold.com/buy-gold-and-silver/coins/ 👉 Gold Bullion Bars in Arizona: https://www.sbcgold.com/buy-gold-and-silver/buy-gold-bars/ ⭐ Advisors in this The Gold Spot video: 👤 Steve Rand, Sr. Precious Metals Advisor @sbcgold : https://www.sbcgold.com/about/steve-rand/ 👤 Brian Conneely, Precious Metals Advisor at @sbcgold : https://www.sbcgold.com/about/brian-conneely/

Investors are growing increasingly confused at stunted gold and silver prices. Despite ongoing economic pressures and increasing gold demand, spot prices don't seem to budge. While it's worthwhile to look at the day-to-day performance of precious metals, this short-term perspective can muddle the picture. Over the past 100 years, the US dollar has lost 97% of its purchasing power while gold prices have gone from $20 an ounce to over $2,000 an ounce. Unfortunately, decades of gold manipulation by major institutions have artificially capped the spot price of gold and silver. Just this year, two JP Morgan traders were sentenced to jail for gold market manipulation and fraud. One of the most obvious signals that gold and silver prices are suppressed below their true value is the surging demand among central banks. In the past year, central banks have been scooping up gold at record rates. Interest in gold and silver among retail investors might be at relative lows, but this creates a perfect gold and silver buying window for savvy investors. With mounting economic pressures such as surging oil prices, rising inflation, and boiling geopolitical tensions, it’s only a matter of time before physical gold and silver prices slingshot back to reflect their true value. Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Precious Metals Advisors Tim Murphy and Joe Elkjer explain the disconnect between spot prices and value in greater depth and why NOW is the perfect buying opportunity for gold and silver investors. ⭐ RELATED LINKS: 🏦 Central Banks Buying Gold at Record Rates: Why Investors Should Care: https://www.sbcgold.com/blog/central-banks-buying-gold-at-record-rates-why-investors-should-care/ 🪙 Paper Gold vs Physical Gold: Key Differences You Should Know Before Investing: https://www.sbcgold.com/blog/paper-gold-vs-physical-gold-key-differences-you-should-know-before-investing/ 🪙 Understanding the Spot Price of Gold: https://www.sbcgold.com/investing-101/understanding-the-spot-price-of-gold/ 🪙 Spot Price vs Physical Price of Gold & Silver: Why There’s a Difference: https://www.sbcgold.com/blog/spot-price-vs-physical-price-of-gold-and-silver/ 📈 See Live Gold and Silver Spot Prices: https://www.sbcgold.com/charts/ 🪙 Buy gold and silver coins in Arizona: https://www.sbcgold.com/buy-gold-and-silver/coins/ 👉 Gold Bullion Bars in Arizona: https://www.sbcgold.com/buy-gold-and-silver/buy-gold-bars/ ⭐ Advisors in this The Gold Spot video: 👤 Joe Elkjer, Precious Metals Advisor at Scottsdale Bullion & Coin: https://www.sbcgold.com/about/joe-elkjer/ 👤 Tim Murphy, Precious Metals Advisor at Scottsdale Bullion & Coin: https://www.sbcgold.com/about/tim-murphy/

As the House of Representatives succumbs to infighting over the speakership, it's easy to overlook the central issue at stake: government overspending. Many view the slim majority held by Republicans as the sole safeguard against another spending spree from the Biden admin. Last week, US debt shot past $33 trillion and another approved spending bill only enables the relentless printing-spending cycle. Countries around the world are embracing de-dollarization as the government’s inability to exercise fiscal discipline is deteriorating the US reputation as a reliable economic partner. With mounting economic pressures, many investors have expected stronger performance from gold and other precious metals. Unfortunately, gold prices have remained relatively stagnant. It’s important to keep in mind that the Federal Reserve’s strict interest rate policies often delay the negative effects of weak markets. While the government batters the economy at home, the BRICS nations continue to ramp up their threats against US hegemony. The rise of a potential gold-backed BRICS currency would directly rival the dollar, and the recent inclusion of OPEC countries such as Saudi Arabia and the UAE further alienate the US. Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Founder Eric Sepanek and Advisor Quentin Spillane explain why gold prices are down, why the BRICS nations are still a threat, and where investors can look to protect their wealth. 🔗 RELATED LINKS: Links to our FREE Exposure Reports: 💵 Modern Monetary Theory Report: https://www.sbcgold.com/free-mmt-report/?utm_source=rumble&utm_medium=video&utm_campaign=gspot_rmbl 🛢️ Petrodollar Report: https://www.sbcgold.com/petrodollar-report/?utm_source=rumble&utm_medium=video&utm_campaign=gspot_rmbl 🏦 CBDC Report: https://www.sbcgold.com/free-report-digital-currency/?utm_source=rumble&utm_medium=video&utm_campaign=gspot_rmbl 📈 See Live Gold and Silver Spot Prices: https://www.sbcgold.com/charts/ 🪙 Buy gold and silver coins in Arizona: https://www.sbcgold.com/buy-gold-and-silver/coins/ 👉 Gold Bullion Bars in Arizona: https://www.sbcgold.com/buy-gold-and-silver/buy-gold-bars/

The US economy is cracking under the mounting pressure of higher inflation and increasing consumer prices. The August CPI report from the Federal Reserve confirms the reversal of a year-long downward trend for inflation. At the same time, experts are warning of oil prices potentially reaching $100 per barrel as Saudi Arabia and Russia drastically reduce production and sales. This massive hike would have a devastating impact on the economy, increasing living costs across the board. The Fed is already talking about the potential of “meaningfully higher” interest rates to combat this new spate of inflation. J.P. Morgan CEO warns of 7% interest rates amidst what he describes as a “sugar high” from government stimulus spending. The increasing economic burden is reflected in record-setting national debt and credit card debt, widespread union strikes, and a surge in Americans living paycheck to paycheck. Smart money investors aren’t taking any chances when it comes to their financial security. They’re turning to gold and other precious metals to protect against increasing inflation and economic uncertainty. Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Founder Eric Sepanek and Precious Metals Advisor Joe Elkjer explain the building economic pressure and how investors can stay informed and protected. Links to our FREE Exposure Reports: 💵 Modern Monetary Theory Report: https://www.sbcgold.com/free-mmt-report/?utm_source=rumble&utm_medium=video&utm_campaign=gspot_rmbl 🛢️ Petrodollar Report: https://www.sbcgold.com/petrodollar-report/?utm_source=rumble&utm_medium=video&utm_campaign=gspot_rmbl 📉 The Currency Collapses report can be requested here: https://www.sbcgold.com/blog/cracks-form-in-the-us-economy-as-inflation-reverses-oil-prices-jump/?utm_source=rumble&utm_medium=video&utm_campaign=gspot_rmbl

There always seems to be a massive gap between how the media reports the economic situation and the reality consumers feel on the ground. While the political class touts a major dollar rally, the American people feel the squeeze as the cost of living continues to grow. In reality, the dollar index which tracks USD strength doesn’t take relevant market factors into account. Most notably, inflation isn’t baked into the equation. As a result, a booming dollar might only be strong when compared to other currencies. A quick glance at other indicators immediately reveals pervasive economic weakness. both US debt and American credit card debt just reached all-time highs, underscoring the country’s spending problems. Meanwhile, central bank gold purchases remain strong as countries seek to hedge against mounting pressures and growing uncertainty. China, once again, is leading the gold buying, but Japan, India, and other emerging economies are topping off reserves too. Watch this week’s The Gold Spot to hear Sr. Precious Metals Advisor Steve Rand and Information Consultant Sebastian Gonzales pull back the curtain on the gold rally, explain the delayed pressures on the US economy, and why gold demand is ramping up exponentially. 🔗 RELATED LINKS: 👉 Why Central Banks Are Buying Up Record Amounts of Gold: https://www.sbcgold.com/blog/why-central-banks-are-buying-up-record-amounts-of-gold/ 📈 See Live Gold and Silver Spot Prices: https://www.sbcgold.com/charts/ 🪙 Buy gold and silver coins in Arizona: https://www.sbcgold.com/buy-gold-and-silver/coins/ 👉 Gold Bullion Bars in Arizona: https://www.sbcgold.com/buy-gold-and-silver/buy-gold-bars/

👀 See below for links to our FREE Exposure Reports... Every year, the G20 Summit bridges geopolitical boundaries to bring together the world's leading economic powers to discuss economic stability and cooperation. This year's discussion was overshadowed by the key absences of Chinese President Xi Jinping and Russian President Vladimir Putin. For decades, China has pursued an active diplomatic strategy as a means to further its influence on the world stage. Xi’s decision to snub the G20 meeting points to a growing rift in the world economy between the Western-dominated status quo and the rise of emerging powers, especially among the BRICS nations. The BRICS collection of burgeoning economies is building a formidable force to rival the US dollar on the world stage. With the discussed development of a gold backed BRICS currency and the addition of six new member states, BRICS is directly challenging American hegemony. Beijing’s absence at the G20 Summit marks the group’s waning influence and the rise of the BRICS. In response to growing economic uncertainty, central banks around the world are scooping up gold at record rates. Smart money is following suit by diversifying their portfolios for better protection from the incoming sea change in the global economy. Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Founder Eric Sepanek and Information Consultant Wally Gordon explain the growing feud between the US, China, and Russia, what it could mean for the world economy, and how investors can protect their wealth. Links to our FREE Exposure Reports: 💵 Modern Monetary Theory Report: https://www.sbcgold.com/free-mmt-report/?utm_source=rumble&utm_medium=video&utm_campaign=gspot_rmbl 🛢️ Petrodollar Report: https://www.sbcgold.com/petrodollar-report/?utm_source=rumble&utm_medium=video&utm_campaign=gspot_rmbl 🏦 CBDC Report: https://www.sbcgold.com/free-report-digital-currency/?utm_source=rumble&utm_medium=video&utm_campaign=gspot_rmbl

The world economy is marred with rampant uncertainty, instability, and volatility as countries - led by the #BRICS nations - push for a new world order. As foreign governments increase their de-dollarization moves, central banks continue to ramp up their physical gold demand. With surging gold demand and an unattractive market, many investors wonder why gold prices remain idle. Although gold manipulation seems to be on its way out, the big players have still been able to artificially repress gold prices. Despite this meddling, 2024 gold forecasts still place this precious metal in record-setting territory. These converging factors make for a perfect buying opportunity, and smart money is diving into gold to take advantage. Watch this week’s The Gold Spot to hear Senior Precious Metals Advisor Steve Rand and Precious Metals Advisor Brian Conneely explain the dip in gold prices, where gold price forecasts for 2024 see prices going, and how investors can take advantage of these temporary opportunities. Links to our FREE Exposure Reports: 💵 Modern Monetary Theory Report: https://www.sbcgold.com/free-mmt-report/?utm_source=rumble&utm_medium=video&utm_campaign=gspot_rmbl 🛢️ Petrodollar Report: https://www.sbcgold.com/petrodollar-report/?utm_source=rumble&utm_medium=video&utm_campaign=gspot_rmbl 🏦 CBDC Report: https://www.sbcgold.com/free-report-digital-currency/?utm_source=rumble&utm_medium=video&utm_campaign=gspot_rmbl

The volatile economic climate will continually stir up new challenges for investors. The most effective method for weathering these incoming storms is staying up to date on key events in the economy. That’s why Scottsdale Bullion & Coin has been working overtime to put together informative, in-depth reports about the most important economic topics. This way, investors can position their wealth accordingly. We’re excited to release our latest report exposing the Modern Monetary Theory (MMT), which has been dictating America’s fiscal policies for the past few years. This experimental theory encourages governments to run up national debt while ignoring the inevitably upward trajectory of inflation and interest rates. The dollar’s position as world reserve currency is the only defense the American economy has against the corrosive effects of MMT. Unfortunately, the one-two punch of de-dollarization and the rise of alternative currencies threaten US hegemony. Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Founder Eric Sepanek & Sr. Precious Metals Advisor Steve Rand explain Modern Monetary Theory, why the US dollar is on the downturn, and how investors can learn more about this destructive policy. Links to our FREE Exposure Reports: 💵 Modern Monetary Theory Report: https://www.sbcgold.com/free-mmt-report/?utm_source=rumble&utm_medium=video&utm_campaign=gspot_rmbl 🛢️ Petrodollar Report: https://www.sbcgold.com/petrodollar-report/?utm_source=rumble&utm_medium=video&utm_campaign=gspot_rmbl 🏦 CBDC Report: https://www.sbcgold.com/free-report-digital-currency/?utm_source=rumble&utm_medium=video&utm_campaign=gspot_rmbl

The highly anticipated 2023 BRICS Summit kicked off this week as the world economy takes a dramatic turn away from the US dollar. With over 40% of the world’s population and the globe’s largest GDP, the BRICS nations wield significant sway on the world stage. Brazil, Russia, India, China, and South Africa kicked off their 15th summit by furthering their united cause of de-dollarization. One of the major proposals was an alternative to the SWIFT system which facilitates the majority of international transactions. Although the potential of a BRICS currency wasn’t raised on the summit’s first day, many leaders of member nations still advocate for the creation of a cross-border currency to rival the dollar. The fact that such a discussion is taking place proves just how low the dollar has fallen. Plus, the BRICS bloc signaled a decisive step forward by adding six new nations (Saudi Arabia, Iran, Ethiopia, Egypt, Argentina, and the UAE) to the roster. The biggest takeaway from the BRICS summit is the world’s desire for a post-dollar global economy. There might only be 11 BRICS nations right now, but over 40 nations have expressed a desire to join the bloc. Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Precious Metals Advisors Todd Graf and Joe Elkjer explain the key moments of the BRICS Summit so far, how investors could be affected, and how you can secure your wealth. 🔗 RELATED LINKS: 🇧🇷🇷🇺🇮🇳🇨🇳🇸🇦 BRICS Currency: What It Is & What It Means for Investors: https://www.sbcgold.com/blog/brics-currency-what-it-is-what-it-means-for-investors/

At the beginning of next week, the majority of the world's population with the highest collective GDP is gathering to discuss the future of the world economy. The United States isn’t invited to that meeting. That group is the BRICS nations - comprised of Brazil, Russia, India, China, and SouthAfrica. While investors are used to seeing the G7 dominate headlines, the BRICS nations have successfully usurped the group as the leading economic powerhouse. Together, the block accounts for over 40% of the population and over one-third of the global GDP. Although no official agenda has been released, this upcoming BRICS summit in South Africa is expected to cover some important issues. The least surprising is the group’s intention to build more independent, robust, and fortified economies, especially in today’s unpredictable economic climate. On top of that, the BRICS nations will discuss expansion with over 40 countries eagerly waiting to join. The most highly anticipated and feared summit topic is the potential creation of the BRICS currency. This proposed gold backed currency could speed up the process of de-dollarization while acting as a boon to gold prices. Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Precious Metals Advisors Joe Elkjer and Damian White explain the influence of the BRICS, the likely summit agenda, and how investors can stay informed. 👉 Get your FREE COPY of our Petrodollar Report here: https://www.sbcgold.com/petrodollar-report/?utm_source=rumble&utm_medium=video&utm_campaign=gspot_rmbl 🔗 RELATED LINKS: 🇧🇷🇷🇺🇮🇳🇨🇳🇸🇦 BRICS Currency: What It Is & What It Means for Investors: https://www.sbcgold.com/blog/brics-currency-what-it-is-what-it-means-for-investors/ ▶️ Currency Wars: BRICS Nations Push for a New Reserve Currency: https://www.sbcgold.com/blog/currency-wars-brics-nations-push-for-a-new-reserve-currency/ 💵 Decoding De-Dollarization: Why the Dollar is King & Why Its Reign Might Be Over: https://www.sbcgold.com/blog/decoding-de-dollarization/ 🔒 Safeguarding Your Wealth Amid Petrodollar Shifts: https://youtu.be/DjyyrJ-sqes 🔮 Robert Kiyosaki, famed investor and author of Rich Dad, Poor Dad, predicts that prices of “gold and silver skyrocket” if the dollar buckles: https://twitter.com/theRealKiyosaki/status/1691174700234477570

At Scottsdale Bullion & Coin, our Precious Metals Advisors have received a surge of questions related to de-dollarization, with investors wondering what it is and what it means for their investments. While this phenomenon has existed in theory for a long time, it’s finally being put into action. After WWII, the US dollar became the world’s official reserve currency as the British pound lost significant value due to economic hardship. America’s historic economic growth during this period, along with its large gold reserves, ensured the greenback remained unchallenged. When President Nixon ended the gold standard in the 1970s, he struck a deal with Saudi Arabia to conduct international oil trade exclusively in USD. This ingenious deal guaranteed ongoing global demand for the dollar in what would become known as the era of the petrodollar system. Tragically, this system didn’t have the staying power leaders had hoped. A complicated mix of domestic blunders and geopolitical negligence on behalf of the US has driven the Saudis to openly consider accepting other currencies for oil trade - undermining the only foundation propping up the US dollar. Instead of being viewed as a safe haven that secures wealth and protects against market volatility, the dollar is now seen as a liability or even a weapon. The global shift away from US economic influence and the greenback itself is referred to as “de-dollarization.” There’s no predicting what currency will fill the resulting vacuum, although contenders exist. For example, the BRICS currency is being proposed by the namesake organization, with 40+ countries asking to join and even more eager to use an alternative to USD. Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Sr. Precious Metals Advisor Steve Rand & Precious Metals Advisor Joe Elkjer explain why the dollar is king, why it’s losing prominence, and what that means for investors. Request your FREE COPIES of our Petrodollar Report & CBDC Reports below. 👉 Get your FREE COPY of our Petrodollar Report here: https://www.sbcgold.com/petrodollar-report/?utm_source=rumble&utm_medium=video&utm_campaign=gspot_rmbl 👉 Get your FREE COPY of our CBDC Report here: https://www.sbcgold.com/free-report-digital-currency/?utm_source=rumble&utm_medium=video&utm_campaign=gspot_rmbl 🔗 RELATED LINKS: 🇧🇷🇷🇺🇮🇳🇨🇳🇸🇦 BRICS Currency: What It Is & What It Means for Investors: https://www.sbcgold.com/blog/brics-currency-what-it-is-what-it-means-for-investors/ 👁️ Executive Order 14067 & CBDC: A Threat to Your Privacy?: https://www.sbcgold.com/blog/executive-order-14067-cbdc-a-threat-to-your-privacy/ 🔒 Safeguarding Your Wealth Amid Petrodollar Shifts: https://www.sbcgold.com/blog/safeguarding-your-wealth-amid-the-disintegration-of-the-petrodollar/

Ironically, the economic status quo is being threatened by a potential return to the gold standard and the rise of digital currencies at the same time. These developments might seem like opposites, but their threatened implications are similar. Investors are justifiably concerned about the security, stability, and predictability of the economy. The BRICS nations have been generating a lot of confusion and uncertainty surrounding the proposed BRICS currency. In contrast to their presentation as a united front, the BRICS countries have different economic needs and goals. They simultaneously rely on the US dollar for stability while decrying the American influence derived from dollar hegemony. The only way these countries could convince the world to pursue complete de-dollarization would be to develop a gold backed currency. It’s virtually impossible for any fiat currency, even the mighty USD, to compete with the most secure asset in history: gold. At home, the government is moving closer to a digital dollar. The FedNow program is advertised as an internal payment system, but many investors are seeing the dystopian forest through the trees claiming these moves are nothing more than examples of extensive government overreach. Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Founder Eric Sepanek and Precious Metals Advisor John Karow explain the contradictions behind the BRICS currency, the privacy threats of a Central Bank Digital Currency (CBDC), and the future of physical gold as an alternative currency. READ MORE HERE: https://www.sbcgold.com/blog/brics-fednow-cbdc-how-investors-can-protect-their-wealth-privacy/ 🔗 RELATED LINKS: 🇧🇷🇷🇺🇮🇳🇨🇳🇸🇦 BRICS Currency: What It Is & What It Means for Investors: https://www.sbcgold.com/blog/brics-currency-what-it-is-what-it-means-for-investors/ 👁️ Executive Order 14067 & CBDC: A Threat to Your Privacy?: https://www.sbcgold.com/blog/executive-order-14067-cbdc-a-threat-to-your-privacy/ 🏦 Bracing for CBDC: Unmasking Key Risks Investors Should Prepare For: https://youtu.be/Er3FepT0R7k 🔒 Safeguarding Your Wealth Amid Petrodollar Shifts: https://youtu.be/DjyyrJ-sqes

Don’t let the summer slumber fool you into thinking everyone is quiet on the economic front. The mainstream news might be touting a 3% inflation rate, but the country’s economic woes run deep. The Federal Reserve’s most recent rate hike of 0.25% might seem like a small bump in the grand scheme. However, a closer look reveals that the nudge pushed interest rates to its highest in over two decades. While the domestic economy is worrisome, investors are laser-focused on threats from abroad. The BRICS nations are meeting next month to discuss alternatives to the US dollar as a reserve currency. The potential of a gold-backed BRICS currency would directly rival the dollar’s dominance which would wreak havoc for American investors. The rise of digital currencies poses another danger with many people seeing it as an affront to privacy, security, and fundamental rights. Not long after setting a CBDC in motion, the Biden administration released the FedNow Program to encourage users to send payments in digitally. This is viewed by many as a soft putsch to replace the dollar with a digital dollar. Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Sr. Precious Metals Advisor Damian White and Precious Metals Advisor Todd Graf explain how the rise of the BRICS currency could topple US hegemony, why investors are weary of a digital currency, and why #gold and #silver are excellent investment options now. 🔗 RELATED LINKS: 💱 Redefining Currency: The Rise of Digital Currency, and What it Means for Gold and the US Dollar: https://www.sbcgold.com/blog/redefining-currency-the-rise-of-digital-currency-and-what-it-means-for-gold-and-the-us-dollar/ 👁️ Executive Order 14067 & CBDC: A Threat to Your Privacy?: https://www.sbcgold.com/blog/executive-order-14067-cbdc-a-threat-to-your-privacy/ 🏦 Bracing for CBDC: Unmasking Key Risks Investors Should Prepare For: https://www.sbcgold.com/blog/preparing-for-a-future-with-central-bank-digital-currency-cbdc/ 🔒 Safeguarding Your Wealth Amid Petrodollar Shifts: https://www.sbcgold.com/blog/safeguarding-your-wealth-amid-the-disintegration-of-the-petrodollar/

The global monetary system might never be the same again. Countries are rushing to implement new technologies, buck existing power imbalances, and exert greater control over their economies. Currently, governments across the globe are actively exploring, planning, and testing central bank digital currency (CBDC). These CBDCs promise to protect against terrorism, money laundering, counterfeiting, and other criminal behavior, but the real threat lies in the centralization of currency. Anybody whose familiar with the Orwellian social credit system in China understands the dangers of giving central banks complete control over the citizenry’s access to the monetary system. The privacy, safety, and liberty concerns are endless. Ironically, these futuristic developments are underway as the BRICS nations plan a return to the gold standard. Rumors have been confirmed that the multinational economic partnership is in the process of developing a gold-backed currency. The one-two punch of an invasive CBDC and a renewed gold standard could mean major developments in the world of precious metals. Individual investors and central banks will be flocking to gold to shore up their investments and protect their interests. Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Sr. Precious Metals Advisor Steve Rand & Precious Metals Advisor Todd Graf explain the threats behind Central Bank Digital Currencies, how the BRICS gold standard will impact gold prices, and how you can best protect your wealth moving forward. 🔗 RELATED LINKS: 💱 Redefining Currency: The Rise of Digital Currency, and What it Means for Gold and the US Dollar: https://www.sbcgold.com/blog/redefining-currency-the-rise-of-digital-currency-and-what-it-means-for-gold-and-the-us-dollar/ 👁️ Executive Order 14067 & CBDC: A Threat to Your Privacy?: https://www.sbcgold.com/blog/executive-order-14067-cbdc-a-threat-to-your-privacy/ 🏦 Banking Crisis 2.0 & BRICS vs Petrodollar: The Return of the Gold Standard?: https://rumble.com/v3009nu-banking-crisis-2.0-and-brics-vs-petrodollar-the-return-of-the-gold-standard.html 🔒 Safeguarding Your Wealth Amid Petrodollar Shifts: https://www.sbcgold.com/blog/safeguarding-your-wealth-amid-the-disintegration-of-the-petrodollar/

After J.P. Morgan bought Silicon Valley Bank, CEO Jamie Dimon warned about the second phase of the banking crisis. Just as people were regaining confidence in the economy, that next phase kicked off. In an apparent attempt to prevent further bank collapses, industry regulators released a series of strict policies requiring banks to hold onto more money. These limitations place further pressure on regional banks many of which won’t be able to shoulder the burden. This inevitably leads to banking consolidation as smaller banks are squeezed out and eaten up by larger banks. That means less competition and fewer options for the American people who are already skeptical of the banking sector. While people look for a safe place to keep their hard-earned dollars at home, the BRICS nations are ramping up the process of de-dollarization abroad. Just this week, member states confirmed the development of a commodity-backed currency. Gold was touted as the most likely backing for the cross-border currency which portends a return to the gold standard. While a good signal for the gold prices and economic stability, this shift would have destructive consequences for the petrodollar system which single-handedly props up the US dollar. Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Founder Eric Sepanek and Precious Metals Advisor John Karow discuss the next phase of the banking crisis, what the BRICS nations are up to, and why gold is likely to boom. Watch Now! 🔗 RELATED LINKS: 👉 De-Dollarization 101: What to Know About the Global Shift Away From the Dollar: https://www.sbcgold.com/blog/de-dollarization-101-what-to-know-about-the-global-shift-away-from-the-dollar/ 🪙 Bullion vs. Numismatic Coins: What You Should Know Before Investing: https://www.sbcgold.com/blog/bullion-vs-numismatic-coins-what-you-should-know-before-investing/ 📈 See live Gold and Silver Spot Prices: https://www.sbcgold.com/charts/ 🪙 Buy gold and silver coins in Arizona: https://www.sbcgold.com/buy-gold-and-silver/coins/ 👉 Buy Gold Bars in Arizona: https://www.sbcgold.com/buy-gold-and-silver/buy-gold-bars/ 👉 Buy Silver Bars in Arizona: https://www.sbcgold.com/buy-gold-and-silver/buy-silver-bars/

There’s been a massive surge in demand for gold and silver as people abandon traditional investments in favor of tangible assets. Unfortunately, many new precious metals investors fall victim to misleading sales strategies. One of the most common horror stories in precious metals investing surrounds so-called dealer exclusive coins. While it’s common practice for coin dealers to work closely with mints to produce unique coinage, some dealers make extraordinary claims regarding the value potential of these coins. They intentionally conflate the exclusivity or limited mintage of these gold ad silver coins with their rarity and inherent value. These dubious claims of astronomical returns come with sky-high dealer premiums. Although a slight profit margin is a common practice, there are instances of some buyers paying premiums over 100%! In reality, these dealer exclusive coins are usually only worth their melt value in gold or silver. Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Sr. Precious Metals Advisor Steve Rand & Precious Metals Advisor Todd Graf explain the crucial difference between bullion coins and numismatic coins and how you can protect yourself when investing in physical precious metals. ✅ FREE REPORTS: 🚫 Buyer Beware: The Truth Behind Exclusive Bullion Coins | The Gold Spot: https://www.sbcgold.com/blog/buyer-beware-the-truth-about-dealer-exclusive-coins/?utm_source=rumble&utm_medium=referral&utm_campaign=goldspot_rmble 🚫 Buyer Beware: The Shocking Truth About Exclusive Canadian Bullion Coins: https://www.sbcgold.com/investing-101/buyer-beware-exclusive-canadian-bullion-coins/?utm_source=rumble&utm_medium=referral&utm_campaign=goldspot_rmble 🚫 Buyer Beware: The Myth of Free Gold and Silver: https://www.sbcgold.com/blog/buyer-beware-the-myth-of-free-gold-and-silver/?utm_source=rumble&utm_medium=referral&utm_campaign=goldspot_rmble 🔗 RELATED LINKS: 🥇 How to Find the Best Gold IRA Companies: A Step-by-Step Guide to Avoiding Common Pitfalls: https://www.sbcgold.com/blog/how-to-find-best-gold-ira-companies/ 💰 Premiums on Precious Metals Explained: https://www.sbcgold.com/investing-101/premiums-on-precious-metals-explained/ 🪙 Bullion vs. Numismatic Coins: What You Should Know Before Investing: https://www.sbcgold.com/blog/bullion-vs-numismatic-coins-what-you-should-know-before-investing/

With the 4th of July around the corner, millions of Americans are planning vacations, barbecues, and family get-togethers. Unfortunately, this is also a time when investors get distracted from the economy and their finances. Currently, gold prices and silver prices are in a temporary pullback which provides a great entry point for investors. Some experts expect gold to hit $3,000/oz in 2023. Plus, the silver demand is still outpacing supply which is bullish news for prices too. Scottsdale Bullion & Coin has a special announcement about limited-time deals on select gold coins and silver coins on July 5th, 6th & 5th. Investors will be able to take advantage of lower premiums, but the deals won’t be announced until the day of. Combined with short-term gold and silver price dips, these deals make for a perfect buying opportunity. Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Founder Eric Sepanek and Precious Metals Advisor John Karow explain these deals in greater detail and how you can jump at the chance! 🔗 RELATED LINKS: 📈 See live Gold and Silver Spot Prices: https://www.sbcgold.com/charts/ 🪙 Buy gold and silver coins: https://www.sbcgold.com/buy-gold-and-silver/coins/ 👉 Buy Gold Bars: https://www.sbcgold.com/buy-gold-and-silver/buy-gold-bars/ 👉 Buy Silver Bars: https://www.sbcgold.com/buy-gold-and-silver/buy-silver-bars/ 🛡️ Protect Your Retirement with Physical Gold & Silver IRA. Learn How Here: https://www.sbcgold.com/precious-metals-ira/