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    Sorry Gold Bugs, Gold and Silver Prices Could Face a ‘Particularly Tough 2023,’ Here’s Why



    “Gold and silver have outperformed equities,” and we have to be happy with their performance thus far outside of the U.S. dollar, claims Philip Newman, managing director and founding partner for precious metals consultancy Metals Focus. Philip contends that October’s inflation numbers cause the Fed to reconsider its aggressive strategy, sparking greater interest in the precious metals market. He says, “the market thinks the Fed will perhaps take a slower pace of rate increases, will we start to see some [investors] move back in? I think it is possible.” Philip also asserts that the precious metals sector doesn’t offer a viable safe haven for investors, despite a recent rally in the space. He says, “Gold and silver may struggle to hold onto some of these gains.” Philip concludes, “It’s difficult to read too much into one reading… [Yields moving higher] will be the ultimate headwind for gold and silver.”

    #ratehikes #gold #metals

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    00:00 What will the Fed do next?
    2:49 Will a lower U.S. dollar help drive the price of gold and silver?
    3:20 Why haven’t the medals performed better?
    4:33 Recent crypto market fiasco and its impact on precious metals investing
    5:30 Why are many central banks buying gold?
    7:22 Russia and China are holding mysterious amount of gold
    8:53 Why hasn’t the market sentiment been reflected on the gold price?
    11:25 JPMorgan manipulated the gold market
    12:31 The forecast for gold and silver

    View 47 Comments

    47 Comments

    3. Starzan on

      If someone is hoping to get rich in a year off silver they are dreaming 😆. Probably next 3-5 years we will see a dramatic increase. If your just starting to stack hopefully by the end of the decade silver and gold will be a very high price.

    15. Emerald Eva on

      <<The rich stay rich by spending like the poor and investing without hesitating then the poor stay poor by spending like the rich yet not investing like the rich

    16. Lee Cooper on

      I saw a report 3 months ago about gold going down to 1500 or less, It touched 1580 for sp for one day, and shot straight backup again the next day… So ignore this man.

    18. 24kt on

      It's obvious when he went to the store he bought the cooked numbers.
      Sales have gone up not because of quantity… it's price, that have forced upward figures.
      There are good reasons and bad reasons behind every chart.
      No chart has good reasons for it any movement up or down.
      We are not in Kansas anymore Dorothy

    20. Jas 819 on

      Coin and bar market is only a very small part of the silver, gold market. High premium, low paper market price. Which will give first?

    22. augenbutter on

      12:09 "tend not to go into the conspiracy theories" After Daniella mentions the JPM $920 million fine. Right! Let's be thankful for this manipulation to the downside, it won't last forever.

    25. John Cook on

      HOW COLD IS IT GETTING IN EUROPE? COLD ENOUGH TO START SHUTTERING METAL REFINERS SO THEIR PEOPLE WON'T FREEZE. NO TIN, NO COPPER, NO IRON, NO LEAD……..NO SILVER! 75% OF SILVER REFINED COMES FROM BASE METALS. GOT SILVER?

    31. Geob on

      This guy is only telling you what he wants you to know. Markets are always being manipulated for the benefit of the the few.

    33. Bob Silver on

      Even if the elite put silvers price down to lets say $15, it will still cost you $23 plus for an ounce of silver. Silvers spot price is 100% controlled by the bad guys that want the world to themselves.

    38. Robert Saikaley on

      I have seen since 1980. Silver has always been money in my books. Fiat currency backed by nothing is still worth nothing as printing more will make it still worth 0. The faith in dollars backed by zero is still zero. When individuals wake up to knowing fiat can't even purchase a head of romaine for 12$ a head. Silver priced in fiat will go much higher as true hard money will be realigned . The fact that the populations on earth are finally seeing it causing a mad rush into precious hard currency. Paper fiat plastic fiat & the central bankers have let the Pandora's box opened. It's too late ! Silver is truly the peoples money and gold is the central bankers true capital. Silver notes will be coming back imho. Gold notes too. Fiat currency is on a downhill path like the German mark. Silver & gold cubits might be our new measure of hard currency

    47. R CE on

      Duh, doy Ralph is about it, The guy literally had nothing to share even though Daniela prepped and led with questions in his so called specialty.

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