A 2nd "midnight ride" of silversmith Paul Revere? Would he say: "Inflation is coming, inflation is coming!"?
From the Agora Financial 5 Minute Forecast from Friday October 22nd, I found this worthy for both my clients and those just considering an investment in physical gold.Here’s what they said:
“If you have any doubts about significantly higher food prices on the way, this chart should put them to rest...
The jagged line shooting up 50% since June of this year is the UBS Bloomberg Constant Maturity Commodity Index for farm products. The smooth, gently accelerating line is the food component of the consumer price index. The latter is lagging the former -- a situation that can't last. And won't.
"If Paul Revere were around," muses Chris Mayer this morning,
"he'd be riding through the streets of lower Manhattan yelling, 'Inflation is coming! Inflation is coming!'
"In many ways, it's already here, just not yet widely recognized.”
Inflation fears? Not just to be fearful of – inflation is here. The inflation hedge you need is gold. This steady diet of helicopter money is bringing its predictable outcome. Be smarter than the average bear and recognize it and act upon it! Call us at Lear Capital today to act!