Inflation in the United States of America is the highest in forty years, and elsewhere across the globe, other national currencies are in free fall due to each nation’s defaulting on debt or being unable to support the country’s economy. At the same time, inflation has caused markets to tumble as investors panic over where to possibly find profits in the future. Beyond profits, those with a substantial amount of capital are simply looking to protect it.
Pandora’s Box was opened back in 2008 with the Great Recession. Quantitative easing allowed central banks to prop up the economy, but the monetary policy has created a monster of a challenge ahead. The issue was severely worsened the moment the COVID pandemic struck in 2020. Nations responded with lockdown conditions that halted productivity and supply chains.
The economy also crashed. There were widespread layoffs and joblessness. The US government responded with relief packages to stimulate the economy. Trillions of dollars were added to the Federal Reserve’s balance sheet. It put more than $1,000 in the pockets of most US individuals, but it is a price the same citizens have since paid for a thousand times over due to the effects of inflation.
Silver also could shine in the years ahead. The precious metal might even have more growth than gold due to its use in the production of solar panels and other green technologies. Because the cost of goods steadily climbs in high inflation environments, investing in commodities can be profitable. Essential geopolitical
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