A new era of inflation – Time for real assets and precious metals?
“Precious metals have lagged many other commodities for much of 2021, as investors’ belief that inflation would be transitory and the spectre of rate hikes created headwinds for the sector. Yet a shift in sentiment is now underway as evidence of sustained inflation grows and negative US real interest rates appear likely to remain.”
USAGOLD note: Sturge is director of market strategy for UK-based BakerSteel Capital Managers. The complete analysis at the link is highly recommended particularly for those looking to catch-u[p on the current rationale for including gold among one’s portfolio holdings.