Back in May of 2021, I was concerned the following may come true:
Predicting future prices is difficult. But recent inflation numbers (see past blogs) show a strong trend towards rising prices in certain sectors of our economy. My question is, what would have to happen between now and May of 2022 to get the following numbers:
- Gold at $3300 per ounce
- Gas at $6 a gallon
- Core Price Index (CPI) increase of 6%
- 10 year Treasury of 3.3%
- A Dozen Donuts at $13.21.
We'll see how that works out as it's now March of 2022. In the meantime, this drawing sums up my current concerns for retirees.