Join financial expert Andrew Slay as we delve into the latest discussions on gold and silver investments. In this episode of Ask Andrew with Sprott Money, Andrew, who transitioned to bullion in 2017 after 34 years in the financial industry, shares his valuable insights on protecting your wealth through precious metals. Join us for an insightful discussion on the future of precious metals and the global economy, we'll also address critical questions about the silver supply chain, the possibility of gold confiscation reoccurring, and the challenges BRICS nations face in establishing a gold-backed currency. Additionally, learn about Russia’s strategy to add silver to its reserves and how reduced purchasing power affects the demand for precious metals today.
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Video Timeline:
00:00 - Introduction
02:15 - Andrew’s perspective on the current economic climate and its impact on gold and silver
05:30 - Common investor concerns addressed: safeguarding assets during market fluctuations
08:45 - Key strategies for investing in precious metals and understanding market signals
12:00 - Discussing support levels and what to watch for in the months ahead
15:30 - Exploring the relationship between the dollar’s performance and precious metals
18:00 - Final thoughts and takeaways from Andrew on securing long-term wealth.
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