GOLD: Why It Is The Last Resort For Many | Rich Checkan

Rich Checkan, President and COO of Asset Strategies International, provides his expertise on the precious metals market, highlighting the important role gold and silver play in a well-diversified investment portfolio. Topics of discussion also include consumer debt, specifically credit card debt, and the use of precious metals to cover these liabilities. #gold #preciousmetals #investing --- Thank you to our #sponsor CONTANGO ORE, Inc. (NYSE American: CTGO) - Developing Alaska's Next Gold Mines. Make sure to pay them a visit: https://www.contangoore.com/ --- 👨‍💼 Guest: Rich Checkan, President and COO 🏢 Company: Asset Strategies International 🌎 https://www.assetstrategies.com/ 📅 Recorded at the Rule Symposium 2024 Check out the recordings of ALL presentations from the Rule Symposium including Grant Williams, Danielle DiMartino Booth, Jim Rickards, Rick Rule and many more! Register here: https://opptravel.zohobackstage.com/TheRuleSymposiumonNaturalResourceInvesting2024#/?affl=SoarFinancial --- 📆 Save the Date 📆 DEUTSCHE GOLDMESSE November 21 & 22, 2024 in Frankfurt, Germany www.deutschegoldmesse.com Register today. --- Follow Us! Twitter: http://twitter.com/soarfinancial Website: http://www.soarfinancial.com/ Chapters (AI generated): 00:00 - Intro 00:28 - Welcome and Background 01:01 - Introduction of Rich Checkan 01:13 - What Asset Strategies International Does 02:06 - State of the U.S. Economy 03:12 - Consumer Debt and Inflation 04:03 - Household Savings and Debt Issues 05:23 - Impact of Covid Stimulus on Economy 06:13 - Refinancing and Credit Card Debt 07:34 - Gold as Wealth Preservation 08:24 - Accessibility of Gold Investments 09:58 - Current Price of Gold 11:08 - Competition for Investment Attention 12:17 - Upcoming Economic Turbulence and Fed Policy 13:37 - Impact of U.S. Elections on Gold 14:50 - Fed's Future Actions 15:36 - Political Impact on Gold Prices 16:23 - Who's Better for Gold: Trump or Biden? 17:48 - Substitution Effect: Silver vs. Gold 19:01 - Silver Market Dynamics 20:23 - Popular Precious Metals Products 21:30 - Most Commonly Bought and Sold Metals 22:30 - Conclusion and Contact Information 23:53 - Outro **Disclaimer:** Some of the links presented might be affiliate links. We might receive a commission if a purchase is made using those links! Unless specifically disclosed, all information available on Soar Financial and its affiliates or partners should be considered as non-commercial in nature. None of the content produced by Soar Financial should be considered an endorsement, offer or recommendation to buy or sell securities. Soar Financial is not registered with any financial or securities regulatory authority in Canada, the US, Europe, or the UK, and does not provide, nor claim to provide, investment advice or recommendations to any consumer of the content that Soar Financial produces and publicizes. Always do your own due diligence and/or consult a qualified legal, tax, or investment professional if personal advice is deemed necessary. Soar Financial and its related companies (including its directors, employees, and representatives) or a connected person may hold equity positions in securities detailed in communications. When this occurs a disclosure will be made. Disclosures on social media will be made using the hashtag #coi (short for conflict of interest). Soar Financial, its affiliates, and their respective directors, officers, employees, or agents expressly disclaim any liability for losses or damages, whether direct, indirect, special, or consequential, or other consequences, howsoever caused, arising out of any use or reproduction of this site or any decision made or action taken in reliance upon the produced content of Soar Financial, whether authorized or not. By accessing Soar Financial’s content, each consumer of Soar Financial content releases Soar Financial, its affiliates, and their respective officers, directors, agents, and employees from all claims and proceedings for such losses, damages, or consequences.