21 Things about 2021 That Hint about 2022 for Silver & Gold
The comments below are an edited and abridged synopsis of an article by Jeff Clark
What can we expect from gold and silver in 2022?
Part of effectively answering that question is to look at the context of what happened this year. Nothing happens in a vacuum, after all.
With that in mind, Clark gives a review of 21 things that happened with gold and silver.
With respect to gold, he comments on: Central banks and institutional investors; China; the existing financial system; the focus on gold’s fundamentals; a central bank digital currency; has anything changed with the three Ds (debt, deficit spending, currency devaluation).
With respect to silver, he comments on: The passage of the US infrastructure bill; the Silver Institute’s projections; silver’s poor price action lately; another spike in silver is coming; betting your life on triple-digit silver; manipulations always fail; silver remains one of the most undervalued assets.
With respect to monetary uses and more: Real money can’t be conjured out of thin air; NFT or something real; silver may be an effective method of protecting health; gold and silver will respond to inflation; and investors must take into account how the government will respond to any event.
Ready or not, a high degree of uncertainty surrounds us, whether it be geopolitics, the economy, the markets, the monetary system, or the pandemic. This unusually high level of risk points to the crucial need to own physical gold and silver.
“No matter what, gold holds your purchasing power, and can even increase it.”