Yes very worrying inflation data, the highest in 40 years but good news if you are invested in safety hedges like we are!
During the last stagflation (1976-1980), gold rocketed 480% in the period. Obviously it is a different world now with slightly different variables, however even if we got a quarter of a run like that, we are onto a winner here! Gold boom incoming!
Yes very worrying inflation data, the highest in 40 years but...
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