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Lingering effects of the pandemic coupled with Russia’s invasion of Ukraine have hampered global economic growth and exacerbated inflation, resulting in significant volatility throughout global markets. Amid newfound volatility and higher costs, consumers are adjusting their budgets and looking for ways to preserve wealth. Many have found a solution in precious metals.  

In the last 40 years, the world economy has been relatively stable. Significant recessions have occurred. As a result, specific industries and locations have suffered. However, an inflationary cycle, like the one we’re entering now, is new for most. 

For the first time in decades, investors and consumers are challenged with navigating significant, prolonged inflation. 

The last time the globe faced severe inflation was in the 1970s. Among the Vietnam War and global unrest, the value of the dollar fell, and the recovery of the U.S. economy took nine years. If this cycle of inflation is as long, consumers can expect to lose 50% of their wealth to high commodity pricing.

So, what can we do about it? 

An answer may be found in precious metals. 

Precious metals have a proven track record of performing during periods of significant inflation and have kept investors afloat in uncertain times. As the stock market appears increasingly bearish, precious metal appeal is on the rise among retail and institutional investors alike, as a means of combating volatility and inflation. 

With precious metals toting a long-standing, dependable reputation, retail companies have simplified the process of obtaining investments. Physical precious metals can be bought online and shipped across the world, empowering consumers to be the keeper of their own assets. Alternatively, vaulted precious metals are investments held for the consumer in a secure location. 

Whether investing in physical or vaulted precious metals, it’s imperative consumers work with a reputable dealer. Look for companies who work directly with trusted mints, refiners, and top-tier vaults to ensure their consumers have a wide variety of safe and simple options for owning precious metals.  

With an unprecedented combination of crises affecting consumers world-wide, it’s more important than ever to invest wisely. Ultimately, investors may better weather the inflation storm with a portfolio leaning heavier on precious metals.