Precious Metals Market Update - Tom Cloud (12/13/23)
b'In this latest episode of our Precious Metals Market Update, precious metals advisor Tom Cloud discusses the current economic landscape, warning of an economic slowdown and the possibility of another banking crisis.
He mentions the US\'s growing budget deficit, falling dollar, and increasing consumer credit card debt. He also emphasizes the changes taking place in the economy, including inflation, higher interest rates, and state tax increases.
Cloud advises people to stay informed and be prepared for potential economic challenges. Additionally, he discusses the importance of precious metals investing, particularly for retirement portfolios.
He predicts a strong year for gold and potentially a positive growth for silver, and encourages viewers to consider cost-averaging their purchases.
Cloud concludes the video by wishing viewers a happy holiday season and reminding them of the true meaning of Christmas.
Tune in for the full details.
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