Dent Jr. cautions that while gold is considered a safe haven in the early stages of the ongoing 2021 crash, its price could plunge and then rally again in the next decade.
Redouble your efforts to produce more than you consume and save the difference. Just don’t save in dollars or any other digital fiat currency. You want to save in gold...out of the system.
For the average person, inflation cuts deeper than a flesh wound. The rate of inflation has come down; this means already way-too-high prices are still rising, just slower.
Armstrong warned against overlooking external influences on gold markets and highlighted the historical impact of geopolitical events on the precious metal.
Federal debt increased by one trillion dollars from mid-September to the beginning of the new year. It is expected to increase by around another trillion dollars by the end of March!
The gold price is always playing catchup to the previous effects of inflation which are manifest in the continual loss of purchasing power in the U.S. dollar.
As Yellen smiles with glee over the sound shape we are in, she might consider that the commercial real estate market is already a disaster, even if it hasn’t taken down any more banks.
