September 4, 2024 – Gold is now up over 20% year to date and silver is just slightly behind at over 18%. Amazingly, both precious metals are outperforming all the major US indices with the S&P 500 just under 16%, Nasdaq around 14%, and the Dow at just under 9%. Today, we discuss some of the drivers of the current bull market in gold and silver, how they may perform in a recession, as well as look at some potential analogs of how inflation and precious metals are behaving compared to the 1970s. Our guest to speak with us about this and much more is Alan Hibbard, a precious metals and alternative money specialist at the popular website GoldSilver.com.
Charts mentioned in today's show:
Note: Past performance is no guarantee of future results. This chart is for illustrative purposes only.
Note: Past performance is no guarantee of future results. This chart is for illustrative purposes only and should not be construed as investment advice.
