It’s time to start worrying about inflation. Although inflation has been rising in the past few years, prices will continue to accelerate through 2022. The Federal Reserve will try to intervene.
Early inflations were caused by the debasement of "money". A king would substitute a cheap metal such as copper for some silver and gold. Those who hold precious metals rather than fiat money minted by the government, preserved purchasing power.
With its long history as a store of value, gold has traditionally been used by investors to guard against stock volatility, currency fluctuations and other market risks. But why is gold and silver prices treading water?
Gold's price is roughly $1,883 per ounce, which is down about 4% for the year but up significantly from prices seen three and five years ago. Even though the price appears to be lagging as of now, it is historically high.
