Click here to get this article in PDF
MarketWatch/Brett Arends/7-19-2021
“Readers may be excused for thinking something similar about the latest stories about looming, threatening, surging, terrifying inflation. Yes, the inflation forecasts were surging months ago, and hit 8-year highs. Had they continued there would be grounds to worry. But they haven’t continued. On the contrary, they’ve been falling for two months.”
USAGOLD note: How anyone could assemble an analysis on the performance of various assets during the inflationary 1970s and exclude gold and silver is a bit puzzling. Arends includes energy stocks (+73%), REITs (+36%), T-Bills (-6%), utilities (-9%) the S&P 500 corporate bonds (-23%) and 10-year Treasuries (-38%), but excludes gold (+922%) and silver (+596%). By the way, inflation “forecasts” may have fallen for two months, but inflation itself, as we all know by now, is surging.
The post Today’s top gold news & opinion first appeared on Today’s top gold news and opinion.