The Fed is Stuck in a No Win Situation [Gold Poised to Soar]
Bullion.Directory precious metals analysis 24 January, 2022
By Devlyn Steele
Director of Education at Augusta Precious Metals
Inflation began soaring last April. And all it’s done since is go higher. The latest Consumer Price Index (CPI) registered at 7% –- the highest year-over-year CPI in nearly 40 years.
So … higher interest rates are a given, then, right?
Maybe not.
The Federal Reserve is saying rate hikes are a “go,” but some economists believe the risks to equities and real estate are just too great. If inflation stays unchecked, look for gold and silver prices to surge.
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Devlyn Steele
Devlyn Steele is Director of Education at Augusta Precious Metals, America’s leading gold IRA specialists and go-to precious metals dealer for high-net-worth investors.
A Harvard educated professional economist, Devlyn writes and speaks extensively on precious metals’ use as a portfolio diversification tool and market hedge. He and his team provide a unique personalized introduction and onboarding webinar for new investors at Wyoming-based national gold and silver dealer Augusta Precious Metals.
This article was originally published here
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