US Stock Market Meets Insidious Inflation
By: Stewart Thomson
GoldSeek.com
Tuesday, 5 June 2018
1. In the West, gold has rallied decently during five of the past seven recessions. I’ve suggested that the current situation in America is something like 1965 – 1970, when inflation began a long and strong up cycle.
2. That’s partly why I’m adamant that it’s the best time in American history to own a portfolio (a global portfolio) of companies involved in precious metals mining and jewellery.
3. The other reason that I’m excited about these stocks is that in the East, when people get richer, they buy gold. They are now getting a lot richer, and a lot faster.
4. Simply put, deflation is out, and inflation is in. It’s really that simple, and investors around the world need to get positioned right now to ensure they get maximum financial benefit.
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