On November 10, 2021, the US Labor Department released data indicating that the year-over-year inflation rate had reached 6.2 percent, which is the highest it has been since November 1990 and a notable increase from a rate of 5.4 percent the month before.

It’s no secret that the Fed is preparing to taper its asset purchases which have been at record highs to mitigate the economic damage caused by the COVID-19 pandemic.

It’s a common refrain, and yet more fabulous than truth: Gold has an abiding and near mystic intrinsic value, and thus is the, well, gold standard for inflation protection.

Almost any news outlet you turn to today is running headlines on the impending debt ceiling crisis. Each of them is predicting the potential repercussions if the debt ceiling isn’t raised before October 18th when some estimate the Treasury will reach the end of its “extraordinary measures”.