Inflation


The Bonn N8 was $399 in 2020. Now it is $549.

Either buy your stuff now or convert bucks to gold.

Newmont was up 5.4% today.

128x128fuzztone

Showing 1 response by assetmgrsc

@nonoise  the guy who you are probably talking is unfortunately correct.  Inflation is caused when too much money chases a limited supply of goods and services.  COVID may have crimped the supply chain, but it was and is GOV that is printing money right, left and in-between  - making any accumulated money you and I may have worth less. 

I am not trying to start an argument by saying that current gov policy is "bad."  However, I am saying that it is definitely inflationary.