Despite predictions to the contrary—that inflation would ease—inflation has remained elevated as measured by gauges like the Consumer Price Index (CPI).
“Inflation has not just stalled, but it is moving in the wrong direction.”
—Lisa Sturtevant, chief economist at Bright MLS
How does this higher-than-expected level of inflation affect retirement portfolios, and how can consumers help protect their hard-earned savings?
Click on the video link below for exclusive executive insights on this topic from Edmund C. Moy, 38th Director of the U.S. Mint and Senior IRA Strategist for U.S. Money Reserve.
Related headlines from around the web:
- Fox Business: “Inflation accelerates more than expected in March as high prices persist”
- CNBC: “The ‘supercore’ inflation measure shows Fed may have a real problem on its hands”
- Business Insider: “Gold prices have another 50% upside through 2025 if inflation jumps again, market vet says”
Enhance your portfolio with precious metals today.
Widespread market forces like central bank demand, geopolitical tensions, and monetary policy may continue to drive gold prices higher. Gold has also historically been used as a hedge against economic uncertainty and market turbulence. Now may be the perfect time to add wealth protection to your portfolio in the form of physical gold.
Watch U.S. Money Reserve’s “Market Insider” each week for more economic insights. Nothing herein should be considered as portfolio or retirement advice as U.S. Money Reserve (“USMR”) cannot and does not offer financial advice. Clients should consult a financial advisor for specific advice. This commentary is provided by USMR for informational purposes only and is provided on an “as is” basis without any warranty of any kind, whether express or implied. Your use of the information provided in this commentary is entirely at your own risk. In no event will USMR be held liable for any indirect, special, incidental, or consequential damages arising from the use of information contained in this commentary.