There are a few common events that move the price of precious metals up and down, and once you understand them, you start to really become suspicious of people pushing gold and silver.

There are a few common events that move the price of precious metals up and down, and once you understand them, you start to really become suspicious of people pushing gold and silver. It doesn't take an economist to see there's clear patterns. #gold #silverinvestment #investingforbeginners #goldinvestment #buygold earlier in the year I told you not to invest in gold or silver because they were at their peak. Prices would not stay high long. At the time I got a lot of hate comments about how it up to $150 an ounce by July or something like that. But now a lot of people are asking me why I was right, because of course I was. I'm not some omniscient wizard. If you just read the news, which way prices will fluctuate yourself. One of the biggest indicators is interest rates. When interest rates rise, gold and silver prices fall because people stick their money in bonds and savings accounts cause you get interest in dividends, you don't get that just investing in gold. When interest rates fall, precious metals rise in value. Some people also buy gold as a hedge against inflation. So when inflation or even just inflation worries increase, so does the price of gold. But if inflation decreases, so do prices. You can also watch how the dollar is doing and get a good idea about the price fluctuations. When the dollar is worth more, gold becomes too expensive for foreign buyers and the demand falls. When demand falls, so do prices. When the dollar is worth less, medals become cheaper internationally and the demand goes up, prices with it. Major geopolitical tension, financial crises like banking failures, or sovereign debt concerns can also spike gold and silver prices. You can see this in 2008, 2020, and in 2023 with all of those regional bank failures are the biggest reasons. Those are the biggest reasons. Sometimes big countries banks like China or India will also buy up large amounts of gold and cause price spikes. And silver has more industrial uses than gold. Those of like new silver batteries or whatever. Use large amounts of silver can also cause large price spikes. Something that silver is on pace to outperform gold, and countries are investing in infrastructure to mine more for like electrical equipment manufacturing and find electronics, stuff like that. Silver's a lot more volatile. I hope that makes sense. Whenever you see headlines like gold at historic highs or whatever, you can pretty easily figure out what events led to that triggering. A lot of people, especially on this app pushing people to buy gold and silver at the beginning of this year. But the people when it was probably also bought when it was high and they're trying to push their losses onto you. More like this. Follow me for more like this.