Back in the day...back when human beings traded fiat currency for physical metal...it was thought that gold and silver were inflation hedges. Yes, inflation might eat away at the purchasing and saving power of your dollar but at least the value of your gold would increase.
But we are no longer "back in the day". We are instead ruled by 21st century finance and outright, overt manipulation of markets. So now, in 2021, here's how things work out...
- inflation goes higher
- this makes a fed funds rate hike (from ZERO) in 18 months more likely
- so the
...
