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Nice Couch with Ira Bershatsky


Today, The Two Mike's spoke with Ira, Our Gold Guy, (New website:  https://advisormetals.com).

 

Ira spoke about a well-established cycle of major economic downturns that have occurred in the last 75 years, these negative events have happened roughly every 17 years. The cycle looks like this: 1958, 1975, 1990-91, 2007-2008, and next 2024. Ira said that these statistics and today's measures of the economy negate the "full-of-baloney" claims of Secretary of the Treasury Janet Yellen and other Biden economic officials that the economy is doing well.

 

Most economic sectors are already experiencing trouble, including the stock market, the dollar, and the housing market. During the months running-up to the coming 2024 downturn, the price of gold has increased from $1,600 per ounce to nearly $2,000 per ounce.

 

Historically, Ira noted, once gold gets to and stays for a while at the $2,000 mark, it likely will continue to increase in price. Gold and silver, as ever, remain excellent and secure investments for all Americans looking to protect their economic future.


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