Economic Data Signals Next Wave of Supply Chain Crisis
Bullion.Directory precious metals analysis 18 January, 2022
By Devlyn Steele
Director of Education at Augusta Precious Metals
The Fed is going to kill the supply chain. The expectations of the Fed raising interest rates will cascade a new set of problems throughout the companies that we depend on. Don’t be shocked if eggs cost 10 dollars a carton.
One reason government economists get so many things wrong is that they live in their own little bubble and don’t interact with the people who create the goods, services, and jobs that keep the economic engine running.
This shortfall creates a lag of the analysis because they don’t have their “boots on the ground”
In this video Devlyn Steele, director of education at Augusta Precious Metals explains what this data means, and his predictions for what could be coming next.
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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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