One would think that the “science” of economics could lend itself to areas of high agreement between professionals, but that has hardly been the case throughout history—and it is not the case today.

When one of the major currencies in the world begins to decline steadily, based on monetary history we would expect a bias toward positive movements in the precious metals.

The Federal Reserve just reported that inflation exceeded their 2% target for the first time in five years and the University of Michigan reported their inflationary expectations have now risen to 2.7%.