Why prudent investors should start paying up for inflation protection

Financial Times/Michael Mackenzie

photo of gold bars and $100 bills“Debt is soaring and unorthodox policy stimulus from central banks is in overdrive, courtesy of coronavirus. For some investors, the cost of such efforts is inevitable: inflation will come roaring back in coming years.”

USAGOLD note:  Mackenzie says that though disinflation and deflation are the logical concerns at the moment there are factors at work in the economy that make the idea of inflation “not so abstract.” He says “holders of gold … sense their moment has come.”

Repost from 5-16-2020

This entry was posted in Today's top gold news and opinion. Bookmark the permalink.