Given the massive erosion in our monetary and fiscal state, we must consider the possibility that price inflation might not just be coming, but could kick in suddenly and rise rapidly.
Given silver’s historical volatility, a question dawned on me: could silver log a similar runaway price advance in the not-too-distant future?
The present state of affairs seems like an episode of The Twilight Zone, with the unfortunate twist that this is not a television show; it’s an artificially delayed reality.
1. Escalating geopolitical tensions are now competing with the coronavirus for top media coverage. Market volatility can be expected to remain extreme as the pandemic continues unchecked and the U.S. and China begin yet another tit-for-tat exchange of bureaucratic hostilities. 2. The seasonally adjusted number of Americans filing initial claims for state unemployment reversed course…
The Dow and S&P have crashed. Real estate has frozen up. The bond market is a bloodbath. But gold and silver prices are soaring. Welcome to the wealth transfer.
As we move into the second half of 2020, gold is increasingly likely to serve as an effective and necessary hedge, particularly in light of the Fed’s dovish stance, ongoing geopolitical conflicts, and the risks associated with the recession, stock market volatility, and US election.
Recently the IMF predicted that the situation is now worse than reported – “unlike anything the world has seen before.” and named it: “The Great Lockdown.”
The escalating tensions have many market analysts worried that the trade war between the U.S. and China which began before the outbreak could escalate into a full-scale and global event.
We can actively choose solutions that will help us weather the pandemic and its fallout, as well as prepare us for its ending, whenever that may be and however it may look.
As countries around the world continue to take steps to try to restart their economies, governments attempt to begin the long recovery from the complete economic destruction brought about by the spread of COVID-19.