Seeking Alpha/Money Show/3-25-2022
“I now expect inflationary psychology to kick in. That’s when people start to accept that inflation is going to remain at high levels, and for the next several years. As a result, they try to “get ahead” of inflation. So they buy more, and they buy some things sooner than planned to avoid even higher prices in the future. The thing is, this creates a feedback loop of even higher and faster rising prices; a vicious circle that becomes very difficult to break. What can you do about it? Well, silver crushes inflation. In the 1970s, we experienced an entire decade of high and rising inflation. Yet silver generated a gain of 3,700%.”
USAGOLD note: A counter-intuitive argument favoring silver in a recessionary environment……
