Christian is a guest speaker on A Good Fight podcast with Jameson Haygood. They speak about how in April 2024, the WPI (Wholesale Price Index) rose to a 13-month high of 1.26%. When the CPI (Consumer Price Index) came out in mid-May, it was down a bit, which indicated that the inflation at the wholesale did not get pushed up yet to the retail. That means that inflation is coming yet again for the consumer. According to Forbes magazine, 78% of U.S. households live paycheck to paycheck. The U.S. dollar has lost 17-20% this year against different foreign currencies as well as international and domestic goods in buying power already. That means if your investments (bonds, real estate, equities…) aren’t making 17-20% this year, you’re losing money. Conversely, gold is up 29% in the last four months. Silver is up 32%.
