In December of 2021, announcements and speculations were made that pointed to higher interest rates for 2022. Those announcements and speculations have proven to be true. At the end of June 2022, the Consumer Price Index increased 9.1 percent over the previous 12 months – the highest since November 1981. What Causes Inflation? Inflation is […]
With the latest annualized inflation rate in the United States eclipsing 8%, worry of how rising inflation will affect personal finances only continues to grow across the country. Talk of rising inflation is everywhere; it is no wonder there is a lot of questions surrounding the topic of inflation. Will inflation get worse? When will […]
With a price increase of 29% this year through September 15, gold has been shimmering brightly in 2020. Meanwhile, the S&P 500, a broad measure of stock market performance, was up about 7% during the same period. COVID-related economic contraction and investor uncertainty has kept a lid on stock prices while pushing investors to seek gold.