- Few people are aware that even as the Feds tout the validity of the CPI in tracking inflation - both current and expected - they openly admit food prices are the most accurate predictor of inflation!
- For years now, (officially-stated) inflation has been annualizing at one or two percent per year.
- If the printing press and spending spigot remain unchecked, then inflation is more likely. Excessive demand, loss of confidence and increased money velocity leads reliably to the inflationary door.
- But gold and silver catch a wave, and wealth preservation for the lucky relative few, historically topping out at 2.5-3% of the population's assets, is largely assured, enabling a small minority to seriously blunt the inflationary impacts on their material wealth.
For further details see:
Magflation: An Unexpected Gold And Silver Driver