Editor’s Commentary: Our primary allegiance in journalism is to the truth. The article below from our premium news partners at The Epoch Times does a fine job of highlighting both the positives and negatives anticipated for gold this year. That’s important to us because even though our main sponsors specialize in precious metals, we would never publish anything as news or commentary that spreads falsehoods for the sake of driving gold sales.
With that said, my personal opinion is that precious metals are the smartest money right now for protecting wealth and retirement from attacks on multiple fronts. We did not accept precious metals sponsors before mid-2021 because before then, I didn’t see a need. Even during the early stages of Pandemic Panic Theater I remained confident that Americans didn’t need to shift large portions of their portfolios to precious metals. Things have obviously changed now, which is why we vetted out 28 precious metals companies to see who was donating to Democrats, who was working with the Chinese Communist Party, and who was doing the bidding of the World Economic Forum. Out of those 28, we only found three we could consider to be true America First companies. With that said, here’s Fan Yu’s article about the future of gold…
After a tumultuous several months, gold prices have enjoyed a decent run up in Q4 2022. Recent price movement was helped by the dollar’s retreat, hopes that the Federal Reserve will slow down its aggressive monetary tightening, and renewed demand for the metal from emerging markets.
Is this the beginning of a multi-year bull market in gold? To be fair, gold investors have endured years of underperformance. Gold closed 2022 on two consecutive down years.
The World Gold Council, in its 2023 outlook report, said gold will enjoy a “stable but positive performance” in the year ahead. It’s not an outright bullish view, as central banks around the world will continue to maintain a strong bias to fight inflation—and keep interest rates high, a deterrent to gold price increasing. But recession is near inevitable in many economies. Gold typically performs very well in classical recessionary economic environment.
Another supportive fact pattern to a rebound in gold price is continued decline in the U.S. dollar. The World Gold Council’s research indicates that peaking dollar value has historically been positive for gold, with a positive spot price movement during the 12 months after the dollar has peaked.
Gold investors should pay close attention to the dollar. Gold’s approximately 10 percent price increase during the fourth quarter of 2022 very closely tracked to the dollar’s decline during the same period.
Cooling inflation—and therefore rate-hike expectations—is only one factor going against the dollar. Another factor is improving expectations for economic growth outside the United States, such as in China and Europe.
China’s reopening will put further pressure on the dollar. Beijing during the last week of December announced the rollback of inbound quarantine in January. This measure is expected to boost the local economy and stimulate foreign investment in the country.
Geopolitical risk is another major determinant of gold prices. Political uncertainty and war makes gold a valuable tail risk hedge.
Saxo Bank’s Head of Commodity Strategy Ole Hansen recently predicted that gold will top $3,000 per ounce in 2023 due to “war economy mentality of self reliance and minimizing holdings of foreign FX reserves, preferring gold.” This coincides with another prediction that countries will move to invest in locking in energy and commodity resources as well as supply chain security. In addition to gold itself, Saxo is also bullish on junior gold miners.
No doubt this view has been informed by the ongoing war between Russia and Ukraine, and China’s continued saber-rattling against Taiwan. Russia’s largest bank—SberBank—on Dec. 26 announced launching a gold-backed digital financial asset, claiming that it offers an “alternative” investment amidst de-dollarization.
Central banks have been some of the biggest buyers of gold this year. In Q3 2022, central banks added a record 399 tons of gold, according to World Gold Council data. Among them, China has been one of the biggest buyers. Beijing is well known in its intentions to cut U.S. dollar dependency, and it had a front-row seat to Russia being locked out of the dollar-dominated global financial system, faced with price caps and sanctions against its energy exports and its overseas foreign exchange assets frozen.
There have been rumblings of BRICS nations (Brazil, India, China, Russia, and South Africa) and their allies banding together to develop a new reserve currency backed by commodities such as gold and oil. No such plans have been officially announced, but certain BRICS nations have been preparing to diversify away from the U.S. dollar for years.
Despite the positive backdrop, there are risks that gold will continue to underperform.
The worst-case scenario would include more interest rate hikes by the Federal Reserve and keeping monetary conditions tight despite an economic recession. However, this policy path would go against the Fed’s recent history and philosophy.
Three Reasons a Coffee Gift Set From This Christian Company Is Perfect for Christmas
When you’re searching for a Christmas gift that’s meaningful, useful, and rooted in faith, you don’t want to settle for anything generic. This season is filled with noise — mass-produced products, last-minute picks, and trends that fade as quickly as they appear. But one gift stands apart because it blends genuine quality with a message that matters: a coffee gift set from Promised Grounds Coffee.
This small Christian-owned company has become a favorite among believers who want to support faith-driven businesses while giving friends and family something they’ll actually enjoy. Here are three reasons a Promised Grounds Coffee gift set may be the most thoughtful and impactful present you give this year.
1. It’s Truly Delicious Coffee
Too many “gift-worthy” coffees look beautiful in the package but disappoint when the cup is poured. Promised Grounds takes the opposite approach — exceptional taste first, thoughtful presentation second.
Their beans are sourced with care, roasted in small batches, and crafted to bring out a rich, smooth flavor profile that appeals to both casual drinkers and true coffee lovers. Whether someone enjoys bold, dark roasts or lighter, more delicate blends, every sip reflects quality that stands shoulder-to-shoulder with the biggest specialty brands.
Simply put: this coffee is good. Really good. Some say it’s absolutely fantastic. If you want a gift that won’t be re-gifted, ignored, or shoved in a cabinet, this is it.
2. It Spreads the Word While Serving a Real Purpose
There are many Christian gifts that are meaningful… but not exactly practical. There are also useful gifts that have nothing to do with faith. Promised Grounds Coffee bridges both worlds beautifully.
Each gift set delivers an encouraging, faith-centered message through its packaging and presentation — a simple but powerful reminder of God’s goodness during the Christmas season. The cups are especially popular and serve as a daily reminder of the blessings from our Lord. At the same time, the product itself is something people will actually use and appreciate every single day.
It’s a gift that uplifts the spirit and fills the mug. A gift that points loved ones toward Scripture while still being part of the normal rhythm of life. And in a culture that increasingly pushes faith to the margins, giving a gift that quietly but confidently honors Christ can make a deeper impact than you might expect.
3. It’s Affordable, Valuable, and Elegantly Presented
Many people want to give something meaningful without breaking their Christmas budget. Promised Grounds Coffee strikes that perfect balance — the sets look and feel premium, but the price remains accessible.
The packaging is classy, clean, and gift-ready, making it ideal for:
- Family members of all ages
- Co-workers or employees
- Church friends or small-group leaders
- Hosts, neighbors, and last-minute gift needs
It’s the kind of gift that feels more expensive than it is — and more thoughtful than most of what you’ll find on store shelves.
The Perfect Blend of Faith, Flavor, and Christmas Cheer
A coffee gift set from Promised Grounds Coffee checks every box: a gift that tastes amazing, conveys your faith, supports a Christian business, and brings daily enjoyment to the person who receives it. In a season when so many gifts are forgotten, this one stands out for all the right reasons.
If you want a Christmas present that reflects your values and delivers genuine joy, Promised Grounds Coffee is the perfect place to start.
Here is the bottom line my friends, and this says it all: “If you do not have it in your possession, you don’t own it”. Always, always always purchase precious metals in small bar forms and do keep your purchase of them close to the vest. If you buy coinage because you believe they will be more fungible then you are paying a high price for that misconception. Not only are coins way over-priced with their high premiums, the dealers know you have bought into coins because they are pretty.
I try to have both. I do agree with your point. The counter argument is the coins are a lot harder to counterfeit and very few people will have the means to test bars. It’s why I try to have both, both sides of the debate make complete sense.
Hey. Gold was the best investment among all asset classes, exc maybe Real Estate, in 2022. I 2023 it will soar due to continuing inflation that will be accommodate by fed. and crypto collapse money looking to go somewhere. Rumple may be right exc gold bars at 2K+ an ounce is a little hard to barter with. Pre 1964 silver coins in good condition are not fakeable and easy to trade.
Gold one oz. coins and silver one oz. are the easiet to ‘turn’. I wouldn’t trust a ‘bar’ over a solid ‘coin’.