During times of high inflation, consumer goods, investments, real estate, and fuel prices can increase significantly. The increase in the cost of living expenses is a symptom of inflation -the expansion of the money supply within our economy. Inflation can deplete your wealth, leading many people to look for alternative […]
Gold and Silver Prices Surge as US Dollar Weakens Dec. 28, 2021 Source: Pixabay The US dollar fell today as oil prices spike and the Omicron strain threatens a prolonged economic economy. The Japanese Yen, considered a safe-haven currency, hit a one-month low as investors ditch the currency for U.S. […]
Why Should You Be Afraid of Hyperinflation? Source: Pixabay If you have visited a car dealership, gas station, or grocery store recently, there is a strong chance you’ve noticed a significant increase in prices. Similarly, if you look into consumer goods, investments, real estate properties, and even utility bills, you […]
Source: Pixabay In the 1960s, the US government focused on creating new policies to lower unemployment and revitalize economic growth. Unfortunately by 1970, the US economy was suffering from lower GDP, high inflation, and significant unemployment. Usually, when unemployment is high, inflation rates are low. However, this was not the […]
Gold Price Rise As fear of Omicron Variant Persist Nov. 30, 2021 Source: Pixabay Investors flocked to gold after Moderna CEO stated that vaccines are less effective against the Omicron variant, spiking fears once again of potential shutdowns to the economy. The US dollar took a .3% hit allowing gold […]
