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Grab your gold: Inflation is coming

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MoneyWeek//Alex Rankine/12-11-2020

graphic image of 2021 the year of gold with 1799 U.S. gold $10 gold piece“Inflation is coming and it will have ‘Made in Asia’ stamped all over it’, says Richard Cookson on Bloomberg. The continent’s economy is ‘humming’, driving a boom in the price of commodities such as copper. Expect inflation to ‘pick up both soon and sharply.’”

USAGOLD note: After touching upon the impact of demographics on the inflation rate, Rankine concludes that “all of this bodes well for gold” in 2021.

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