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Inflation Goes From Bad To Worse As Demand For Gold And Silver Remains Strong

Inflation Goes From Bad To Worse

“Commodities such as gold and silver have a world market that transcends national borders, politics, religions, and race. A person may not like someone else’s religion, but he’ll accept his gold.” – Robert Kiyosaki. Stock market risks is a great concern , Let us discuss about it.

Consumer Price Index Report on Friday shocked the economic analysts and pundits who remained somewhat confident that inflation had reached its peak. Instead, the 8.6% annual reading was a new record in decades.

Investors are concerned regarding the future as the Federal Reserve is expected to take serious actions to deal with the ongoing crisis. However, as bonds and stocks plummeted in value during last week’s trade closing, precious metals such as gold and silver bucked up.

To seek refuge amidst the uncertainty in the market, inventors are rushing toward the precious metals sector, including mining stocks. Nonetheless, no company or product related to the scarce and desired metals can replace the real thing.

While the stock market risks have dramatically increased, the demand for physical bullion has remained strong and is expected to rise.

On the contrary, according to the latest University of Michigan Survey of Consumers, consumer sentiment has hit a record low. In addition, the approval ratings of President Joe Biden have also taken a dip.

Fed officials have consecutively failed to diagnose the problem of inflation. And their hasty and extreme attempts to solve it seem to meet the same fate.

The 8.6% CPI reading is only the tip of the iceberg. Statistics barely tell the story of the economic woes clouding the future.

Risks to precious metals markets also exist during such periods of heightened volatility. However, the opportunities for stagflation-driven gains in the times ahead establish gold and silver as attractive alternatives for investing, inevitably making the precious metals markets a haven from vulnerable stock and bond markets.

To hedge your wealth from these inflationary periods, it is always best to have some of your portfolio set aside for Gold & Silver. Browse from our wide selection of precious metals to add to your growing portfolio!