The Fed has been adding liquidity to the markets monthly since September of 2019. Trillions of dollars have been printed to stimulate the economy over the past year. Inflation is higher now than it has been over the last twenty-nine years. Inflation is not going away anytime soon. Democrats pushed a $3.5 trillion framework for […]
Tag Archives: inflation
If you have a home, you need good homeowners insurance or hazard insurance in case of a fire, flood, earthquake, or theft. A nice car requires significant insurance in case of an accident. A husband or wife requires a good life insurance policy to take care of a family unforeseen event. Health insurance is required […]
Paper assets are those assets that are simply owed on paper. This includes such assets as stocks, bonds, ETFs annuities, mutual funds, and cash. Physical gold is the most practical and private way for most investors to diversify their assets away from paper.
On Wednesday the Fed decided to keep interest rates unchanged. The Fed will also continue to buy $120 billion in government-backed bonds each month, which keeps longer-term borrowing costs low and can bolster stock and other asset prices. The Fed is buying $80 billion in Treasury bonds each month, and $40 billion in mortgage-backed securities. […]
Benjamin Franklin’s notorious quote stated, … nothing can be said to be certain, except death and taxes. We would argue that there is one more certainty: our dollar will always buy less over time. The US national debt stands at $28.3 trillion and is increasing by the second. The USDebtclock.org jumps keeps clicking away in […]
The spot gold price peaked at $2,080 in August 2020. Price then fell to a bottom near $1,685 on March 31. We have since seen prices soar over 11% to get back to near $1,900. Last week’s US inflation figure came in at a shocking 4.2 percent, well above the anticipated 3.6 percent. It could […]
By simple definition, inflation is a general increase in prices and a fall in the purchasing value of money. According to the Bureau of Labor Statistics, the annual inflation rate in the US is 2.6% for March 2021. The annual inflation rate in May of 2020 was .1%. Inflation is already here in the real […]
You probably have heard bankers and economists along with people running for political office talk about the middle class shrinking and even disappearing. This has been happening because of the cost of living for you and the inability for most people to keep up with the cost of living.
In a semi predictable economic environment, gold price forecasts from some of the major investment banks have been accurate. In early 2018, Citi projected gold to end the year at $1,270; Goldman Sachs projected $1,275 around the same time. These projections were extremely accurate. In 2019 Citi and Goldman see gold prices hitting $1,350 and […]