Weakening Economy Sets Stage For Gold & Silver

MBA, Market Analyst & Author @ The Mining Stock Journal
June 2, 2023

In the recent weeks and months the economic data that's come out continues to show a weakening of the US economy. Which is hardly surprising given the rapid increase in interest rates the Fed has undertaken over the past year, that's left the banking sector struggling amidst a tightening in credit.

So in today's show, Dave Kranzler looks at some of the evidence of the slowing economy, and talks about what's coming ahead. He also examines the position this will leave the Federal Reserve in going forward, and how that relates to the gold and silver markets. Where we've seen a selloff in recent weeks, before a rebound in prices over the past few days.

With the debt ceiling on the verge of being lifted once again, the market's attention is largely being shifted back to the Fed. And with the Fed governors signaling on Wednesday that they may not be hiking again in June after all, traders continue to be wary of the possibility of a recession.

And to find out more about how it might all play out, click to watch this video now!

Arcadia Economics

********

Dave Kranzler spent many years working in various analytic jobs and trading on Wall Street. For nine of those years, he traded junk bonds for a large bank. He has an MBA from the University of Chicago, with a concentration in accounting and finance. He currently co-manages a precious metals and mining stock investment fund in Denver. My goal is to help people understand and analyze what is really going on in our financial system and economy. Dave publishes the The Mining Stock Journal a bi-weekly subscription newsletter that features junior mining ideas as well as relative value ideas in large cap mining stocks.

 


Gold is widespread in low concentrations in all igneous rocks.
Top 5 Best Gold IRA Companies

Gold Eagle twitter                Like Gold Eagle on Facebook