Gold and Silver are supposed to be a hedge against inflation. Gold peaked at $2000 and dropped to $1700. Silver reached $27 and is around $18 now. All in the middle of 10% inflation.
it don’t make no sense
it don’t make no sense
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Not an economist either but I’d say our current inflation predicament is heavily influenced by the dumping of a metric shitton of cash into our economy as well…I’m no economist but is it possible that it is because this is not traditional inflation and is tied to manufacturing bottlenecks and supply chain issues more than just economic forces at work?
Not an economist either but I recommend investing in what Paul Pelosi does.
Silicone, Whiskey and Gourmet Ice Cream?Not an economist either but I recommend investing in what Paul Pelosi does.
I agree historically gold and silver have been the safe havens in times of inflation. I'm hearing that the feds decision to raise interest rates makes treasuries more attractive, and also some people view crypto like Bitcoin as a better store of value.Gold and Silver are supposed to be a hedge against inflation. Gold peaked at $2000 and dropped to $1700. Silver reached $27 and is around $18 now. All in the middle of 10% inflation.
it don’t make no sense