Tuesday , 16 April 2024

Gold & Silver

These AI Gold Forecasts For 2024 Are Mixed

“Despite reaching record highs fueled by recession fears and safe-haven demand, gold’s 2024 outlook remains delicately balanced. Inflationary pressures might keep central banks hawkish, limiting significant gains, but deepening recession could trigger policy easing, boosting gold’s allure.”— Google Bard

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How To Avoid Getting Ripped Off When Buying Gold (+3K Views)

If you're trying to invest in precious metals, then stick to bullion coins or bars. Don't be distracted by numismatics, rare coins, collector's items, or fancy packaging or grading schemes...Even though I have long warned of the dangers of the industry, it is hard for retail investors not to be led astray by high-pressure salesmen [but] reading this guide is a step in the right direction. Words: 1000

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China Flooding Market With Counterfeit Gold & Silver Coins! Here’s How to Protect Yourself (+4K Views)

Whether it’s pirated software, poison-infused baby formula, cancer-causing drywall, luxury purses, or fake medicines, if you need a knock-off, China has traditionally been the go-to country, with a counterfeiter always willing to oblige. Now, with precious metals prices on the cusp of possibly the biggest price explosion in centuries, fake gold and silver products are becoming a booming industry. Here are some safeguards to protect yourself from getting duped. Words: 1124

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73% Of Analysts Have Seen Their 2023 Targets For Silver Surpassed

We've put together a list of all 26 analysts who have provided specific forecasts for the price of silver by the end of 2023. Surprisingly, compared to the 7 analysts who forecast specific targets for gold by the end of 2023 (see here), the vast majority (73%) of the silver analysts have already seen their forecasts exceeded, with the distinct possibility that that percentage could rise to 92% by year end.

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