Silver And Copper To Benefit From Global Electrification Push

The Fed insists the inflation surge is just transitory, but central bankers are giving no indication that their inflationary policies will let up anytime soon. The deficit spending that politicians in Washington are offloading to the Fed certainly isn’t transitory.

President Joe Biden just released his budget proposal for next year. It calls for a whopping $6 trillion in spending and projects a deficit of $1.8 trillion.

Despite assuming controversial new tax hikes on corporations and investors are enacted by Congress to raise revenues, the administration’s plan is still charting an endless river of multi-trillion-dollar deficits ahead – on top of a record $3.1 trillion budget gap this year alone.

It adds up to a dreadful outlook for the Federal Reserve Note dollar and more monetary fuel for higher precious metals prices.

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Disclaimer: Information contained herein has been obtained from sources believed to be reliable, but there is no guarantee as to completeness or accuracy. Because individual investment ...

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Alex Johnson 2 months ago Contributor's comment

What about Lithium?