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Peter Spina: Inflation remains high as cost of basics surges

Peter Spina: Inflation remains high as cost of basics surges
Inflation and basic costs climb higher

Peter Spina, CEO at GoldSeek.com, expresses concern over rising inflation, pointing out that the inflation rate continues to run higher.

He questions how people can still afford basic necessities, highlighting the increasing cost of essentials in recent years. Spina also suggests that conflict with Iran could pose a threat to the stability of the economic system.

Earlier this year, Spina observed that mining ETFs doubled to $87.4 billion in the first quarter as investors moved out of gold funds into industrial metals. He also reported that Venezuela's central bank and U.S. authorities engaged auditors to review the country's foreign-held assets and gold operations. These developments reflect ongoing shifts in resource and asset management.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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