PRECIOUS METALS REPORT: August 23, 2024 (Jackson Hole Edition)

It’s time for another PRECIOUS METALS REPORT courtesy of my friend Ira Bershatsky.

My standard disclaimer: Not personalized financial advice, but this is the quality of insight and macro analysis that people pay big money for…and thanks to Ira, I’m pleased to be able to share it was all of you.

Today’s report could not be more timely….this is the “Jackson Hole” Edition of the Precious Metals Report as it’s all eyes on Jerome Powell and the Central Bankers.

For August 23, 2024 — from the desk of Ira Bershatsky:

 And the star of this week’s show (as in most weeks lately) is…Jerome Powell! Head of the US Federal Reserve.

This morning, he gave his speech at the annual Federal Reserve Jackson Hole, Wyoming meeting where central bankers from around the world meet. Powell said that the “time has come” for the FED policy shift toward interest rate cuts.

The markets reacted positively including equities, commodities, and fixed income with gold and silver recouping their declines from yesterday. Buy the dip……………..

Next week’s key economic reports are the second quarter GDP revision on Thursday and on Friday, the Personal Consumption Index (PCE) number which is what the FED looks at for inflation.

My friend MeetKevin was also all over the news and if you’re a better visual learner, you may enjoy this video:

I expect Gold to continue making new record highs just like it did last week.

I imagine I will be writing many more stories with headlines like this (not personalized financial advice, just my own hunch):

Gold Just Hit A RECORD HIGH

I know many of you are already familiar with Ira Bershatsky, but for those who don't know him, you can find him at WLT Precious Metals.

I have personally sent family members to Ira for 5-figure purchases of Gold and Silver and he treated them like royalty.  They were very pleased.

That's how much I trust Ira.

No one has a crystal ball for the markets, but I trust Ira's ethics and morals and customer service implicitly.  I always hear glowing reviews!

I didn't tell him I was sending them over either (and these particular family members have a different last name) so I did it as a bit of a "secret shopper" test and Ira passed with flying colors.

Of course I knew he would.

That's why I work with him and that's why I have confidence telling you about him.

Ira can handle bulk purchases of bullion, coins, whatever you want.

All custom ordered and shipped right to your door.

A lot of people love Bullion because its the cheapest and most economical way to do it, to stretch your dollar into as much gold and silver as possible.

The website is called WLT Precious Metals and when you see my logo in the top left-hand corner, you'll know you're in the right place.

You'll get a personal phone call with Ira Bershatsky (or someone on his team) and they will work with you free of charge for as long as needed to answer any questions you have and get you taken care of.

How about that!

You don't see that much anymore, but Ira and his team pride themselves on good old-fashioned real customers service:

No sales pitch, just real, actual help.

And the best prices you will find.

Here's the only disclaimer I will give you: because they do pride themselves on dedicated service, it might take a few days before you get a phone call back.  Just be patient.

Good things come to those who wait!

You can contact Ira and WLT Precious Metals here.

Ira can also help you if you want to purchase Gold and Silver in your IRA.

I mean, his name is Ira, after all, OF COURSE he can help you purchase in your IRA account.

The thing I love about purchasing in your IRA account is you can do it with no money out of pocket.  You just take money already in the IRA account, perhaps in stocks or bonds or other investments, and you can shift it into Gold and Silver.

Again, I'm not your personalized financial advisor, I'm just explaining how it works.

And it's REALLY cool.

So even if you're saying times are tough right now, I don't have a lot of spare money to shift into Gold and Silver, you might have a golden opportunity (pun intended!) already sitting there in an established retirement account.

I'll be back next Friday with another Precious Metals Report update from Ira.

Until then....

Noah out.