The world is printing trillions to keep this broken monetary system going. It's going to either result in hyperinflation or stagflation (probably the latter).
Gold up to $1750. It's forming a very similar pattern that Bitcoin back in 2017 - although aver a much longer time period, before it broke out to extreme new ATHs. I don't think it'll stop at "only $2000" when it does...
There is a disconnect right now. The normal difference between spot prices and gold you can buy online or in a local shop is about $50 per ounce over spot to buy and $50 under to sell.
Right now spot is around $1752, but if you want to buy, the cheapest 1 ounce government gold coins I can find right now are close to $1830, lots are at or near $1900. 1 ounce government silver (in 20 ounce tubes) is about $23 an ounce. You can buy rounds for less, but I hate those because they dont get the same premium when you sell because retailers have to offer a discount to move them.
Right now however local gold/silver shops in DFW all claim to be out of government gold and silver bullion. They claim to have been wiped out by fearful hoards of "investors". I know, I do bidness with lots of them. I think what really happened is some of them are holding back inventory because of the volatility. Many have since shut their doors due to this and the lockdowns.
If you are lucky you might find small pieces of bullion like 1/10th ounce of gold or you might see rounds for sale or 5/10 ounce bars of silver. FAIRLY PRICED old silver coins are also getting harder to find (junk silver). If you want to pay a hefty premium
you can have anything you want, but you arent going to find any bargains right now.
TLDR -
SPOT gold is $1752 and SPOT silver is $16.05 .....
Cheapest RETAIL gold is $1830 and RETAIL silver is $23+ (
minted by any government for guaranteed weight/content/purity).