“Something is going to snap the market, and the little guy’s going to get blown up like always.”— Damian White, Scottsdale Bullion & Coin precious metals advisor
Will Biden’s tax plan do it?
The real estate bubble bursting?
What’s going to snap the market? Because equities are higher than 1929, 2000, and 2008. Something has to give, but…
…don’t expect it to be inflation. The inflation numbers are in, and guess what? The Fed lied. Inflation had a big impact on producer prices: an astounding 7.3% jump in June. Producers did pass that cost increase onto consumers. Consumer prices shot up 5.4% last month.
Didn’t you notice? Your cost of living going up, up, up?
One thing’s for sure: inflation is accelerating. Only time will tell if it proves to be “transitory,” as the Fed claims.
Are you going to wait and see? Sit back, listen to the Fed, and watch your hard-earned savings vanish on gas and groceries and that new fence around your yard?
No, we didn’t think so. Talk to your precious metals advisor today about how to stay ahead of inflation. Call 888-812-9892 to book your one-on-one strategy session now.