Silver & Gold During Recessions – Precious Metals Information Guide + Considerations For Investing
Everyone’s wondering the same thing: how will silver and gold perform in the upcoming times of economic uncertainty? Whether it’s a few months or a much more prolonged time period, in my opinion the same principles should apply to how we invest and use our money. I forgot to mention this in the video, but cutting down on spending is probably the most important thing that can be done in terms of immediate changes. I go over the historical trends for silver and gold in downturns and why silver takes a hit (which it already has – will it keep going?) while gold generally stays steady. It’s less of advice on what exactly to do but more things to consider and reasons not to make any drastic moves in the market. I’d love to hear your thoughts on my opinions – will silver go way up like it did in 2008? Or is something else at play?