Happy New Year from all of us at National Gold Consultants! Six days ago, as 2019 counted down to the end, the markets were closed and all was quiet. Now that 2020 is here, that is surely not the case anymore. Monitoring the Middle East Crisis and the rumors of war have kept us busy here at NGC. Thankfully, your client’s gold and silver are acting accordingly as wealth insurance in these times of uncertainty.
Since the news of Iran broke, gold and silver have increased 7% and are continuing to rise. Should the news and tweets grow more severe, it will only mark the beginning of a huge value increase for gold and silver.
Because of the World War III possibilities, election year and all-time high markets, many analysts are forecasting a drastic rise in gold and silver prices. In fact, over 1,500 financial advisors and hedge fund managers were polled last week and 25% of them predicted gold cresting over the $2000 per ounce bench mark this year!
Make 2020 the year your clients purchase Wealth Insurance with gold and silver. For those of you who already advise a 10% allocation to your clients, stay the course. We will continue to be here to give updates as well as recommend strategic liquidation moments.
May 2020 be a very prosperous year!