With inflation continuing to rise, investors are piling into precious metals and other safe-haven assets.
The most recent report from the Bureau of Labor Statistics released October’s Consumer Price Index (CPI) showed that the U.S.’s CPI increased by 0.9% month-over-month compared with the anticipated increase of 0.6%.
These numbers also saw a year-over-year increase of 6.2% versus the prior forecast of 5.9%.
This helped fuel a significant drop in consumer sentiment. The University of Michigan’s preliminary Consumer Sentiment index tumbled to 66.8 – marking its lowest level in a decade.
Because of these factors, many investors have grown increasingly concerned about their portfolios and how to protect themselves.
In turn, many have shifted over to safe-haven assets, benefiting precious metal companies and those operating in the gold space.
Here's my #1 gold stock to buy now…
Critical Warning to ALL American Stock Investors “Do this by March 16th”
True Market Insiders
A new headline is set to make its way towards every news station across America. This headline will have nothing to do with inflation… interest rates… or which vaccine will be FDA “approved” next…
Instead…
It will have everything to do with a rare occurrence that has Wall Street banks and certain billionaire investors quietly betting $108.5 BILLION will happen.
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This is particularly true for Franco-Nevada (FNV)…
Franco-Nevada is a gold-focused royalty and streaming company. This means it helps fund mining and exploration projects without being physically involved in the process.
That’s due to the fact that companies working with Franco-Nevada pay it royalties based on an agreed-upon level of mined gold – allowing it to enjoy exposure to the market without having to mine the metal itself.
It also means that it benefits from a gold bull market while avoiding the usual costs associated with exploration, construction, and the operation of mines.
So, given its revenues only depend on gold production rather than a mine’s overall profitability, its business model has allowed it to operate debt-free and grow its existing cash balance. And it could grow even further as investors shift over to inflation hedges.
Rare 19¢ Trade for 5,100%
Legacy Research
“Penny Trades” are cheap and explosive… Warren Buffett grabbed 46 million of them for 1¢ a pop. Right now, he’s up as much as a rare 4,429% on this trade. But “Penny Trades” aren’t reserved for billionaires like Buffett.Thanks to SEC loophole 30.52, you can play them in your brokerage account.
One of these “Penny Trades” shot up 183% in one day… Penny Trades can pay far MORE than stocks… Our readers just saw a 19¢ trade shoot up as much as a rare 5,100%…
Here’s the #1 “Penny Trade” for RIGHT NOW. [Full Story]
Biggest Prediction of My 50-Year Career on Wall Street
Stansberry Research
You may have seen me on Jim Cramer's TV show.
But today, I'm going public with something I've never said on national air… not in any of my appearances on Fox Business or CNBC.
I'm a little nervous about it…
But I stand behind the big prediction I'm making right now… because I've never been more confident that a strange day I foresee coming to America could make you a great deal of money.
Granted, I've made plenty of controversial calls in my 50-year career. Like when I called the collapse of Priceline.com on Mad Money back in 2012.
Many experts didn't believe me.
But the stock plummeted 100 points overnight, showing a 733% overnight gain on one particular trade. I'm told it was the first time CNBC Mad Money held a reprise the next day.
Today, my newest prediction is even bigger.
In fact, I'm going one step further.
I'm giving away the ticker symbol of the #1 stock to buy now… using the same system that bears my name on every Bloomberg terminal on Wall Street.
Click here to learn the full details.
