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Will Rising Unemployment Bring Gold & Silver Down? This Is What The Data Says!

Join the Bald Guy Money Patreon Community for great additional content: https://www.patreon.com/user?u=85209064 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 https://fred.stlouisfed.org/series/UN... US Unemployment Rate Chart https://tradingeconomics.com/united-s... US Job Opening Data Chart https://tradingeconomics.com/united-s... UK Unemployment Rate Chart https://tradingeconomics.com/united-k... UK Job Opening Data Chart https://tradingeconomics.com/united-k... Australia Unemployment Rate Chart https://tradingeconomics.com/australi... Australia Job Opening Data Chart https://tradingeconomics.com/australi... Canada Unemployment Rate Chart https://tradingeconomics.com/canada/u... Canada Job Opening Data Chart https://tradingeconomics.com/canada/j... Silver Price Chart https://www.tradingview.com/symbols/X... Gold Price Chart https://www.tradingview.com/symbols/X... GDX Price Chart https://www.tradingview.com/symbols/A... Newmont Price Chart https://www.tradingview.com/symbols/N... Article With Silver Demand Chart https://www.thearmchairtrader.com/sil... #silver #silverprice #gold