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In a recent episode of The Two Mikes, hosts Dr. Michael Scheuer and Col. Mike spoke with Ira, Our Gold Guy, about the well-established cycle of major economic downturns that have occurred in the last 75 years. Ira highlighted the negative events that have happened roughly every 17 years, including in 1958, 1975, 1990-91, 2007-2008, and the upcoming 2024.
Ira emphasized 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. He pointed out that most economic sectors are already experiencing trouble, including the stock market, the dollar, and the housing market.
During the months leading up to the anticipated 2024 downturn, the price of gold has increased from $1,600 per ounce to nearly $2,000 per ounce. Ira noted that historically, 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. The discussion on The Two Mikes provided valuable insights into the economic cycle and the value of gold as a hedge against economic uncertainty.
Protect your financial future with precious metals! Amidst global uncertainty fueled by the Biden regime and globalists, it’s crucial to secure your wealth against economic turmoil. Our Gold Guy, Ira Bershatsky, offers personalized consultations to help you navigate the world of precious metal investments, ensuring your assets are safeguarded for generations to come. Schedule your consultation today and take control of your financial destiny!
