Surging gas prices and sky-high mortgages and rent sentĀ inflationĀ rising more than expected in March, adding to Americansā prolonged and painful battle with high costs. That could force theĀ Federal ReserveĀ to keep its punishingĀ ratesĀ higher for longer.
Of course, this all means that holders of US dollars will continue to see their wealth deteriorate while holders of gold and other actual hard assets will continue to see their wealth rise.
I just learned yesterday that Costco started selling gold boullion in August and keeps selling out. Somehow it all just feels like an absurdist comedy.
Of course, this all means that holders of US dollars will continue to see their wealth deteriorate while holders of gold and other actual hard assets will continue to see their wealth rise.
I just learned yesterday that Costco started selling gold boullion in August and keeps selling out. Somehow it all just feels like an absurdist comedy.
Oh wow! I was not aware of that. TIL.