{"id":1034,"date":"2022-02-12T16:38:47","date_gmt":"2022-02-12T16:38:47","guid":{"rendered":"https:\/\/findbullionprices.com\/blog\/?p=1034"},"modified":"2025-01-26T14:56:03","modified_gmt":"2025-01-26T14:56:03","slug":"inflation-other-issues-begin-to-pile-up-on-the-economy","status":"publish","type":"post","link":"https:\/\/findbullionprices.com\/blog\/inflation-other-issues-begin-to-pile-up-on-the-economy\/","title":{"rendered":"Inflation & Other Issues Begin to Pile Up on the Economy"},"content":{"rendered":"\nGold<\/strong> $1867.90 Silver<\/strong> $23.72  Platinum<\/strong> $1046.30 Gold\/Silver Ratio<\/strong> 78.75
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\nConfidence in the stock market continues to wane amid concerns over escalating issues involving Ukraine and inflation taking hold in the US economy. Oil and other commodity prices have risen sharply this week.
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\nMany people struggle to save money under normal circumstances. The pandemic has brought a tremendous amount of economic uncertainty for many people. According to a recent report from Bloomberg, more than 30% of American’s earning $50,000 or less have lost almost their entire life savings due to the As the economy continues to recover, more and more people are looking for alternative ways to save money and store value. Precious metals is one of the best ways to save money.

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\nFinancial experts recommend that everyone have enough money set aside in liquid savings to cover six to twelve months of expenses in the event of a sudden job loss.\n\nThe most popular selling products among silver stackers in recent months has been 10 oz silver bars<\/a>.\nPrecious metals markets are closed for the weekend.
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\nGold jumped more than 1% this week on news that the US is sending up to 3,000 infantry soldiers from the 82nd Airborne to Poland in anticipation that a Russian invasion of the Ukraine could happen<\/a> during the next few weeks.
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\nMultiple countries are evacuating embassy staff<\/a> from Kiev. The US State Department has ordered staff and their families<\/a> return home and issued a Level 4 Travel Advisory<\/a> recommending Americans leave Ukraine immediately and avoid future travel to the region.
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\nCrude oil prices recently hit an 8-year high<\/a>. The average price per gallon is now reportedly $3.47 per gallon.
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\nIn addition to the political tensions, some analyst are warning that unregulated robo-trading of derivatives may contribute to higher prices<\/a>.
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\nPrecious metals prices have been rising slowly over the past month and some industry analysts are revising their predictions on precious metals prices<\/a>.\n

\nAs investor confidence in the stock market and cryptocurrencies continues to drop, analysts from mainstream<\/a>, left-wing<\/a> and right-wing<\/a> media are making predictions about whether these are symptoms of a recession starting later in 2022. (Learn more are political Bias in the Media<\/a>)\n

\nTrends in Statista data suggest that there is rising probability of a recession starting this year<\/a>.\n

\nMost Americans are already feeling the pain of inflation and there is rising concerns that issues at home and overseas will continue to disrupt a recovering economy. \n

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