Inflation 'time bomb' and invisible wealth destruction

Gold's $1,900 an ounce level remains a high hurdle to breach, but analysts still expect more gains for the yellow metal this summer.

With U.S. inflation now running at an annual pace of 5%, the attention is turning to the Federal Reserve meeting next week. The key question is whether the Fed will continue to ignore rising prices or start hinting at tapering.

Here's a look at Kitco's top three stories of the week:

3. Economy is 'sitting on a time bomb': Deutsche Bank warns of 'devastating' effects of inflation https://www.kitco.com/news/2021-06-08/Economy-is-sitting-on-a-time-bomb-Deutsche-Bank-warns-of-devastating-effects-of-inflation.html

2. 70s-style inflation: Biggest risk is 'invisible wealth destruction,' gold price going to $20K this decade https://www.kitco.com/news/2021-06-08/70s-style-inflation-Biggest-risk-is-invisible-wealth-destruction-gold-price-going-to-20K-this-decade.html

1. Gold price at 'steep discount' vs. crude oil: $2,000 gold will be breached – Bloomberg Intelligence https://www.kitco.com/news/2021-06-10/Gold-price-at-steep-discount-vs-crude-oil-2-000-gold-will-be-breached-Bloomberg-Intelligence.html

__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

For more breaking news, visit http://www.kitco.com/

Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter - https://twitter.com/kitconewsnow
StockTwits - https://stocktwits.com/kitconews

Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/

Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html

Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.

Видео Inflation 'time bomb' and invisible wealth destruction канала Kitco NEWS