TSI editor’s note: James Puplava, Founder and President of Financial Sense Wealth Management reminds us that history doesn’t repeat, but it does rhyme. Wealth transfer to physical assets incoming.
“This year marks my 40th year in the business. During these past four decades, I have seen fads and cycles come and go. When I began my career, the inflation of the late 60s and 70s was coming to an end along with a peak in interest rates. As shown in the graph below, interest rates peaked in August 1981, the result of Fed Chairman Paul Volker’s efforts to conquer inflation which reached as high as 14.5%.”
Continue reading at https://www.financialsense.com/blog/19654/end-money-paper-things