“Gold hasn’t benefited from record-low real rates and high inflation in 2021," the report reads. As the World Gold Council (WGC) states in a November report, this can be damaging to both the economy and financial markets. The discrepancy has led to concern that a stagflationary period is approaching.
However, in 2021 gold has yet to see a significant uptick despite rampant inflation.
One of gold’s functions has been as a hedge against inflation in the face of a devaluing dollar. One theme that emerged was the growing impact of inflation. The Investing News Network (INN) spoke with several analysts, market watchers and insiders about which trends will impact gold in the year ahead. Gold outlook 2022: Tailwinds to come from structural inflation All readers are encouraged to perform their own due diligence. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.Įditorial Disclosure: T he Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts.
EMPRESS CLOSED GAME SAVE PLUS
Watch the interview above for more from Soloway on gold, plus his predictions for silver and bitcoin prices in 2022.ĭon't forget to follow us for real-time updates! I just slowly accumulate it, keeping it at about a 10 percent position in my portfolio," Soloway said. "I'm still looking at it for myself as an investor as just buying the dips. He sees potential for gold to rise as high as US$3,000 per ounce in 2022, with downside risk in the low US$1,600s.īut even a fall to that level wouldn't be concerning. Looking at gold, Soloway said he loves the price consolidation that's taken place this past year, pointing out that after running a marathon from 2018 to mid-2020 the yellow metal needed to take a break. "And that puts things in quite a bind where there's a box around the Fed now of how much stimulus they can supply without making inflation go to 10 percent, 20 percent or higher and creating a real issue for the middle- and lower-income citizens of the US and really around the globe." "The problem is now with inflation at 8 percent the Fed is handcuffed - they can't print the same amount of money, the government can't do the same kind of metrics," Soloway commented. "Maybe they can start tapering and even finish tapering, but I would be shocked if the market allows them to actually raise interest rates," he explained, noting that when the central bank takes a more hawkish approach, the market essentially throws a tantrum until it gets what it wants.Īt the same time, the Fed isn't in a position where it can keep printing money.
0 kommentar(er)
