2022 – Federal Reserve Raising Rates – Negative Interest Rates

It looks like the Federal Reserve is planning to raise interest rates several times this year and next year. With inflation increasing, the consumer price index for January 2022 was 7.5% – the highest it has been in FOUR DECADES.
We’re headed to negative interest rates – have savings in the bank earning tops 1.5%? Subtract inflation of 7.5% and you have a negative 6.5% rate.
Money managers on Wall Street diversify and keep a certain percentage in precious metals like gold and silver.

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