‘Real wealth destruction’: This Deutsche Bank chart shows what could happen to assets in a repeat of the stagflationary 1970s.

MarketWatch/Barbara Kollmeyer/5-24-2022

graphic image of stacks of gold and silver coins“While history never exactly repeats, Deutsche Bank strategists were aiming to offer a framework to clients on how to think about the next few years if inflation stays high even after a Fed-induced recession.”

USAGOLD note: Deutsche Bank confirms a point we’ve made repeatedly here about gold and silver with respect to stagflation. During the 1970s, it was the best option in terms of convenience and liquidity while offering a direct positive response to market uncertainties in its pricing. The link above will take you to the chart mentioned in the headline.

 

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