Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
Fed minutes released: Rate cuts likely, but path highly uncertain
Views 1M Contents 199

Inflation

This chart says inflation is not going away by itself!
We passed the inflation peak but higher prices are here to stay.
Sooner or later central bankers will retire the 2% inflation target rate,
Statista also has predicted that Inflation won't hit the Fed's 2% target before 2030.

The inflationary 1970s caused a massive rise in gold price, the next Gold Bull phase started in early 2000 with the historical inflationary wave.
In this Bull phase, Gold should see 3 major peaks; the first came in 2011 a bit after inflation's top. the recent global inflation peak was in 2022 and it seems gold is rising on its uptrend for making its second top.

PS:
We had inflation in the 1980 but gold went down from $800 to $250,
Gold is a strategic asset and is strongly connected to political chaos, and of course war and chaos is connected to inflation!
The recent Gold bull phase started in 2000 and from 2000 -2024 The US alone engaged in more than 130 wars and military interventions.

Investing in precious metals can mitigate counter part risks, we are working on a product and the beat the market strategy that won't devastate folk's savings.
Inflation
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
1
6
1
+0
Translate
Report
96K Views
Comment
Sign in to post a comment