It seems likely because of the Iran war that inflation is going to rocket. Our paper money is going to be devalued. It might be a good time to use any savings to buy some silver or gold. Anyone else sensing this call?
I don't really know. I am not sure anyone does. Iran only produces roughly 5% of the world's oil. So what we are seeing with oil prices rising is speculation. Venezuela oil production is going to be increasing as well, not to mention other competitors increasing production to meet market demands. How long high prices hold is anyone's guess, but taxes on oil are the largest problem IMO. Should Iran capitulate oil price could drop drastically shortly after. I believe every market is rigged to a degree currently, including oil. Some more than others. So I am not sure what a good investment is. Everything seems inflated at the moment.
