There Will Be NO Gold & Silver LEFT | Don Durrett

Don Durrett discusses his expectations for the economy and the precious metals market. He predicts that economic growth will stagnate in Q4 and that a recession will become evident, impacting both the stock market and precious metals. Durrett notes that while gold has recently hit new highs, it could face short-term declines due to a potential recession, despite its long-term bullish outlook. He also highlights that a surge in retail demand for precious metals, driven by economic uncertainty, could lead to significant shortages and inflated premiums.

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INTERVIEW TIMELINE:
0:00 Intro
1:30 New high in gold
6:25 Retail demand
13:50 Recession
16:50 Retail shortages
26:38 Gold confiscation?
33:00 1000oz silver bars
35:37 Weekly specials
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[LibertyandFinance]

Thank you for watching! I hope you find this comment section to be a fantastic way to share thoughts and ideas! Always REPORT AS SPAM any comments sharing a phone number, email, any contact info, or trading advice. Be aware of IMPERSONATORS offering phone numbers, and please know we will NEVER put contact info in the comments section or offer market trading advice.

[Richardcarlett]

People choose to buy gold for various reasons, such as it’s historical role as a store of value and medium of exchange, it’s potential as a hedge against inflation or currency devaluation, and it’s relative scarcity compared to other commodities. Gold also offers diversification benefits to investment portfolio due to its low correlation with stocks and bonds. However, investing in gold carries risks and may not be suitable for everyone. Investors should carefully evaluate their objectives, risk tolerance and financial situation before deciding.

[wai-sunchia]

Remember to just buy whatever silver or gold that you can with your soon to be worthless dollars... Good luck guys.

[gordonipock]

Don Durrett is always a must listen to.

[BatmanBoss]

Don is a visionary. Very much enjoy hearing his take. Thanks 🙏

[Xylo]

I trade gold futures. The buying is relentless. Price is not a consideration, it’s all about gobbling up ounces. Very bullish

[SimpleManABC]

I work for a very large international company and I interact informally with a senior leader. Leadership makes it clear we are already in recession and they are projecting horrendous financial results. They are acting/ preparing accordingly (e.g. Hiring freezes, pending layoffs, severe cost cutting) Things will start to get ugly by end of year.

[MrPatrick]

Next to nothing about the soaring Gold price in mainstream financial. The banksters don't want you to know. They are shorting the precious metals markets so they can keep buying it on the cheap. Once they have accumulated enough the price will then soar

[billbarney]

there will come a time when average people will wake up and the price of silver will skyrocket

[choosiewhoo]

Just buy some gold now when we can still get it. 😮😮😮

[khankrum]

For a large portion of the population they are not in Recession, but they are in Depression. That is the reality of American " growth"!

[Aries]

Wrong about the Fear Trade. I was in Costco last week and asked about gold/silver, he said they sell out the minute they get it in. Retail is buying now.

[MarkGesswein]

Frankly, I look FORWARD to being able to buy silver at $26-$27 the ounce again. I have found myself NOT buying silver since it has been hovering around $30-$31.

[ALANGREENSPAN]

🥇GATHER GOLD🥇🥈STACK SILVER🥈🥇BYOB🥈BE YOUR OWN BANK🥇

[joannac]

Excellent and very easy to understand.

[lukethompson]

I can foresee a future where silver is coin of the realm. Used exclusively at bartertown

[BaggerReport]

Thanks for the great video with Don. I don't think anyone will care if silver reaches 35$. From 50 to 100$ this may change slowly.

[sallythurston]

In Canada, couldn't even buy a whole chicken at the grocery last week. Of course, hopefully soon, you will be unable to buy gold and silver.

[randyosborne]

As soon as Brics has a gold backed currency, I'm buying it !

[tomsmith-rjvw]

Wow great information video the guest talks about exactly what I have believed since 2015 when silver was 15 dollars an ounce and gold was 1200 per ounce.