Covid-19 Isn’t the Only Cause Bossing Your Metal Value

By now, we’ve all heard it. It is starting to sound like a broken record.

The coronavirus, Inflation, unemployment, international political tension and the economic crash are pushing Gold towards $3000 and Silver to $50 while some say over $100 in as short as 3 years.

All of those are right but it’s only half the story.

The virus and its effects in our economy are, by design, temporary. As devastating as the virus may seem, it is not an unbeatable monster. It’s a booster for the gold and silver rally but had it not happened, gold and silver would still be headed the same direction.

Even if a vaccine is developed and approved tomorrow, businesses open, and we all go back to what we perceive to be normal, silver and gold’s bull run won’t stop.

For one, consumption has changed. We used to be excited about technology. Now, people are looking for substance and sustainability. When you present people with fast and safe cars. They ask about fuel efficiency, the manufacturing process of that car, its contribution to carbon emissions. The same thing is true with every other product we consume.

This is paved the way for products using metals that generate energy sustainably, specifically silver. Silver has the highest electrical and thermal conductivity of all metals.

International Trade is evolving… naturally.

Sure, the U.S. decoupling with China is contributing to the dollar’s vulnerability but even if we didn’t do it, China and other countries will still be building up their international relations and economic capability. That threatens the world’s need for the dollar. Any currency that is not as needed will suffer in value.

We have come to a point of where monetary policies are beyond repair and changes have crossed the point of no return. These two things, consumer demands and rising economic power houses, will push Silver North of $50… maybe even north of $100.

So, invest in it now and get behind silver’s raging bull instead of getting devastated by it.

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About Noble Gold

At Noble Gold Investments, we protect our clients financial futures by giving them a safe and easy way to invest in Gold and other Precious Metals. Whether it’s diversifying your portfolio with a Gold or Silver IRA, acquiring precious metals, or storing bullion in our Texas depository, our no-pressure agents can guide you through all the options available to you.

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