In 2020 alone, the U.S. increased the money supply by over 20.6%, causing the deficit to explode by more than it did during the last 5 recessions… combined. And if that wasn’t bad enough, the Fed continues to print over $120 billion every single month. If you couple that with the Biden administration’s $1.9 trillion stimulus package, the $1.7 trillion climate change program and the $2 trillion infrastructure program, you’re looking at over $7 trillion being created out of thin air in just the next 2 years.
Imagine the inflationary impact that will have on your dollars. And to think the Fed has stated it won’t even consider raising interest rates for at least two years. How are retirement investors supposed to make any yield with interest rates being artificially suppressed to historic lows? Where can you turn? Gold and silver!
Historically gold and silver have helped investors to stay ahead of the inflation trap by rising in value as the dollar drops. And as the dollar is printed with reckless abandon, gold and silver just may be the life raft that can help you weather the coming inflationary storm. Protect your assets from the Biden spendathon because inflation is coming and coming fast.
“If you don’t own Gold, you know neither history nor economics.” Famed investor and billionaire, Ray Dalio.
Recommended for you: Gold IRA Rollover Guide and Silver Investments.
Categories: US Gold Market