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Inflation Fears Rise on Biden's $3.9 TRILLION in Deficit Spending :: The Market Oracle ::


Gold and silver markets sprung higher on Thursday as April and second quarter trading kicked off. After suffering losses in the first quarter, precious metals may now be due for a spring rally.
The U.S. Dollar Index was up slightly this week. Regardless of how the dollar fares against other fiat currencies, investors can expect massive depreciation ahead in real terms. There is no end in sight to the inflationary cycle of spending, borrowing, and printing in Washington.
This week, President Joe Biden promoted a so-called infrastructure package that comes in at more than $2 trillion.  That’s on top of $1.9 trillion in bailouts and giveaways finalized last month. ....

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