The Gold Spot | Gold & Silver Shortages: Physical Gold & Silver are Going, Going…

On the face of it, nothing revelatory came from the Federal Reserve’s most recent meeting. Everyone anticipated a 75-basis-point #ratehike which is exactly what the #CentralBank did. However, there’s clearly something bigger going on if you dig a little deeper.

Last week, #JeromePowell made it clear that he’s following in the footsteps of famous successor #PaulVolcker who is notorious for hiking interest rates into record territory to fight back against the raging #inflation of the 1970s.

What our financial czars seem to miss is that current economic circumstances don’t mirror those of #TheGreatInflation. That means Powell’s risky strategy could have unintended consequences on the economy despite attempting to save it.

More specifically, the Fed has aided and abetted the Biden administration’s unscrupulous spending by keeping the money printer churning out billions and billions of dollars whenever a new problem needs addressing.

It seems the government’s attempting to confuse the public by making billions seem like nothing in the face of a multi-trillion-dollar deficit. This ruse has succeeded in making some people more accepting of massive spending packages, but not everyone is fooled.

The Fed’s 180-degree turn on a number of issues is causing many to wonder if these meetings are a way to discuss legitimate economic agendas or to spread propaganda. Regardless, the Fed has the economy on a crash course, and it’s not looking back.

#Inflation is raging, the economy is slowing, and #unemployment is expected to increase which is the perfect recipe for #stagflation. Read on to find out what Scottsdale Bullion & Coin Precious Metals Advisor John Karow & Founder Eric Sepanek are saying about these issues and how #gold and #silver are responding.

📚 REALTED READING:

1) Stagflation: What it is, What Causes It and How to Protect Against It:
https://www.sbcgold.com/blog/stagflation-what-it-is-what-causes-it-and-how-to-protect-against-it/

2) Premiums on Precious Metals Explained: https://www.sbcgold.com/investing-101/premiums-on-precious-metals-explained/

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https://www.sbcgold.com/charts/

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👉 Buy Silver Bars in Arizona:
https://www.sbcgold.com/buy-gold-and-silver/buy-silver-bars/