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<p>[QUOTE=&quot;Gam3rBlake, post: 8228378, member: 115909&quot;]Most of that is due to the Fed’s inability to handle rampant inflation than it is the Russia-Ukraine conflict.</p><p><br /></p><p>[ATTACH=full]1446255[/ATTACH] </p><p><br /></p><p><br /></p><p>Inflation last year was 7% and it’s not slowing down. The target rate is 2%.</p><p><br /></p><p>However rampant inflation is exactly what people who buy gold &amp; silver have been preparing for.</p><p><br /></p><p>Precious metals prices will go up with the inflation rather than cash which loses value due to inflation.</p><p><br /></p><p>At a 7% annual inflation rate like last year it means every $1,000 that someone has saved can now only buy them what $930 could last year.[/QUOTE]</p><p><br /></p>

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