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$3k gold, $50 silver price is next; Double-digit inflation next month 'wouldn't surprise me' - Briton Hill

Posted by Simon Keighley on March 18, 2022 - 10:46am


$3k gold, $50 silver price is next; Double-digit inflation next month 'wouldn't surprise me' - Briton Hill

$3k gold, $50 silver price is next; Double-digit inflation next month 'wouldn't surprise me' - Briton Hill

As inflation continues to spiral up to the highest level in 40 years, investors are looking for hedges against rising consumer prices.

"Commodities are my go-to. Stocks are a good hedge for moderate inflation, but we are past that. I like gold because it is stable," emphasized Briton Hill, President of Weber Global Management. "Gold is easy to get in and out of, and you can buy it anywhere. Silver is also a good investment."

Hill discussed investment hedges in this inflationary environment with David Lin, Anchor at Kitco News.

Source: Kitco News

 

Disclaimer: This video is provided for informational purposes only and not offered or intended to be used as legal, tax, investment, financial, or any other advice.

 

 

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