“You prepare a table before me in the presence of my enemies; you anoint my head with oil; my cup overflows.”
~ Psalm 23:5
The reason I wrote to you about being a doer and community builder in last Sunday’s 3 Morning Thoughts was because life is full for me.
My cup overfloweth with community, giving, doing etc…
It’s a great place to be.
In fact, I feel like things are on the way up.
But, also in a kind of backwards way…
Especially, the global money supply.
In terms of extra cash, it’s all about to increase, everywhere.
As Central Banks follow the Federal Reserves lead, lowering interest rates, and expanding their money supply liquidity is on the way up.
In USD terms, money supply has been on the way up since mid-2023.
And when money supply increases, inflation is soon to follow.
Inflation that never reached its target two percent, before the Federal Reserve started cutting rates.
Core CPI was around 3%.
And it will most likely come up soon…
There’s good news though.
Gold responds well in inflationary environments…
And as Central Bank demand continues to rise(most likely high above what it was like in the 1970s) due to a greater number of emerging economies, BRICS, and the desire for stability, the favorability for gold prices is even stronger.
