You see a number in your bank account and think: that’s my money. But it’s not. It’s credit—digits on a screen, promised by a system that’s bloated with debt, endlessly reactive, and increasingly volatile.
This week, that system blinked—again.
Federal Reserve Chair Jerome Powell warned that the return of Trump-era tariffs could derail the Fed’s ability to keep inflation and employment in check. In a speech to the Economic Club of Chicago, Powell acknowledged the U.S. is entering “uncharted territory,” with tariffs acting as a “significant” economic headwind. Inflation is now expected to rise. Growth is expected to slow. The Fed’s dual mandate is under pressure. And they’re not sure what happens next.
So where does that leave you?
If the very institutions tasked with keeping the economy stable admit they’re in reactive mode—why should you feel safe storing your wealth inside that same system?
The reality is this: inflation isn’t an accident anymore. It’s a structural feature. A full tank of petrol, a grocery run, or a basic mortgage—none of them look “affordable” anymore, even if official statistics say wage growth is healthy. Behind the scenes, central banks are boxed in, caught between the demands of politics and the hard limits of reality.
And yet, gold doesn’t care.
In a historic move, gold futures blew past $3,350 this week—an all-time high. What drove it? Not just dollar weakness. Not just safe-haven flow. It was the return of tariffs. The market is recognizing that inflation isn't “transitory,” and the Fed's toolbox is increasingly blunt. Investors are voting with their portfolios, shifting into an asset that doesn’t expire, default, or require bailouts. (FYI If you're worried you're too late for gold check out this video)
Gold doesn’t yield, true. But neither does trust in a system that keeps lurching from stimulus to stress test.
So the question isn’t how much currency you have. It’s how much actual money you own. Currency is temporary. Gold is permanent. One is someone else’s promise. The other is no one’s liability.
As the headlines shift and markets twitch, ask yourself: if things got worse—not in theory, but in reality—how much of your wealth is outside the system?
Because this week’s news isn’t just about tariffs or inflation. It’s about what happens next. And gold, quietly and without fanfare, is already answering that question.
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