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Inflation Creating a Buy Gold Event

Mitch McConnell said Wednesday that “we need another rescue package,” and that he hopes one can be done “before the end of the year.   The democrats want a $2 trillion to $3 trillion stimulus package. Any McConnell-approved plan would be less than what a Democratic-led Senate would endorse, but markets still expect it to be significant. This is on top of $4 trillion the Fed printed and handed out earlier this year. Keep in mind this is only the United States we are discussing, There are many other governments around the globe doing the same. The outcome has no choice except to cause inflation. When inflation rises, the value of currency goes down and people tend to hold money in the form of gold.  In times when inflation remains high over a longer period, gold becomes a tool to hedge … Read More

United States Mint Press Release

Join us in recognizing the work of U.S. Mint Medallic Artist Michael Gaudioso. A graduate of The University of the Arts and New York Academy of Art, Michael executed the sculpts required to produce numerous coins & medals including the reverse of the 2021 American Eagle Silver Coin . Watch for the pre-release coming soon from American Rare Coin. … Read More

Inflation and Gold

When inflation rises, the value of currency goes down and people tend to hold money in the form of gold.  In times when inflation remains high over a longer period, gold becomes a tool to hedge against inflationary conditions. This pushes gold prices higher in the inflationary period. Do we have, or expect to have, inflation? Take a look at what inflation really is. According to Wikipedia – “inflation is a sustained increase in the general price level of goods and services in an economy over a period of time”. This is generally caused by the devalue of currency.  The more of a product there is, the less it’s worth. In this case the product is the US dollar.  During the onset of covid 19 pandemic there was a 2 trillion dollar stimulus package injected into the US … Read More

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