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In this video cover:
- How unemployment & job opening data has developed in 4 key countries since last talking about it in December 2023 (USA, UK, Canada, and Australia).
- I take you through Gold & Silver price performance during periods of rising unemployment to show you if prices go down or up as the economy slows down.
- I cover the main reasons why this rising unemployment environment is different that past environments and what the means for Gold & Silver prices.
- I answer a viewer question on the topic of mining stocks and where I see them going over the next few years.
Be sure to watch to the very end because it is full of useful information.
None of this advice - I am not a financial advisor - this is educational material!
Links to Sources:
US Unemployment Rate Data
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US Unemployment Rate Chart
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US Job Opening Data Chart
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UK Unemployment Rate Chart
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UK Job Opening Data Chart
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Australia Unemployment Rate Chart
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Australia Job Opening Data Chart
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Canada Unemployment Rate Chart
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Canada Job Opening Data Chart
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Silver Price Chart
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Gold Price Chart
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GDX Price Chart
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Newmont Price Chart
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Article With Silver Demand Chart
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#silver #silverprice #gold
