Tuesday, May 24, 2022

The Morgan Report: Be Selective In Your Mining Companies If Inflation Continues


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.