Get the latest headlines, market analysis, and original content from SchiffGold.
The latest seasonally adjusted inflation rate for November was .76% month over month, with a non-seasonally adjusted annual rate of 6.81%. These numbers were generally in line with mainstream expectations that have finally gotten high enough to match the blistering hot inflation numbers coming out month after month.
The current economic environment is generally supportive of commodities. Higher inflation rates, improving economic conditions and commodity supply shortages all favor this sector. As a result, investors are increasing allocations to commodities. And according to a report published by the World Gold Council, gold is positioned as the most effective commodity investment in a portfolio.
Commodities are booming. A lot of people seem to think this is a sign of pending economic growth. But in his podcast, Peter Schiff said it’s really a sign of inflation. Most of the investment world continues to focus on the stock market and they’re not really paying attention to what going on in the […]
Peter Schiff appeared on RT Boom Bust earlier this week to talk about the trade war “truce” between the US and China. The announcement that there was some progress in resolving the trade war during the G20 summit boosted stock markets on Monday (the day this segment was aired), but that lasted all of one […]
