People confuse rising prices with inflation. That’s incorrect. Inflation DOES cause higher prices, but that isn’t the only thing that causes higher prices. No, inflation is the devaluation of currency, and it causes EVERYTHING sold, as seen in terms of that that currency, to rise.
An easy way to document inflation, although it isn’t foolproof, is the price of precious metals. For years, the plunge protection team has used government money to manipulate the price of various commodities, including precious metals. That’s where I believe the gold in Fort Knox went: pushing large amounts of gold into international markets has been used to increase supply of the precious metal, and that’s what has kept gold prices down.
With that being said, for whatever reason, whatever they have been doing to manipulate PMs isn’t working any longer. Silver crossed the $100 per ounce line today. I expect that gold will cross the $5000 per ounce line on Monday. Platinum is nearly $2800 per ounce this evening and will probably cross $3000 per ounce before the end of January.
Digest that for a moment. In the past 6 months, in terms of dollars:
- Gold is 1.5 times higher
- Silver’s value in dollars is 2.5 times higher
- Platinum has doubled
That is an inflation rate of around 120%. This is devastating if it continues.
12 Comments
Boneman · January 24, 2026 at 6:50 am
Indeed it’s beyond concerning. I posted a snip of the value of gold yesterday at $4999 (or thereabouts) with the caption “How worthless is YOUR dollar today?”
And how worthless will it be… in six months?
TRX · January 24, 2026 at 1:28 pm
I have been pointing this out to people for (literally) decades. Almost all of them – we’re talking about educated, otherwise-intelligent people – simply ignored what I said. They simply weren’t able to make the connection between “devaluation” and “inflation.”
Tom235 · January 24, 2026 at 8:27 am
I don’t see a way out keeping our “money” as it is. The fiat dollar goes to zero (hyperinflation), the currency gets “changed” similar to what FDR did with gold (the present $100 is exchanged for the “new” 85¢ – it certainly won’t convert even), or we go back to solid money (gold/silver). None will be pleasant but I suspect “new currency” will be the short-term solution. Of course, a good major war is a handy way to shift things around in a manner pleasant to bankers.
FingersCrossed · January 24, 2026 at 10:32 am
You’re right in saying it may be devastating if it continues, but to who? Maybe that which will be devastated SHOULD be devastated.
JimmyPx · January 24, 2026 at 12:03 pm
You are correct sir, do a search on M2 money supply vs inflation.
Gee every time they “print” more dollars the inflation rate goes up and the dollar is weakened,
Almost like there is a direct correlation. 🙂
TRX · January 24, 2026 at 1:24 pm
The proponents of “Modern Monetary Theory” tell us that inflation is either neutral or somewhat good for the economy. They have Ph.D.s and responsible positions, so I should believe them.
“Excuse me while I shlep a wheelbarrow full of New Dollaroonies down to the store to see if they’ll swap it for a loaf of bread…”
Grumpy51 · January 24, 2026 at 3:42 pm
They just might….. for the wheelbarrow
Treefarmer · January 24, 2026 at 2:57 pm
I agree with your inflation dfinition, but there’s also a “personal inflation rate”. For example, we have been able to insulate ourselves from eletricity inflation and live where we can buy propane for $1.60/gallon. We also have more than a lifetime supply of wood. We just bought eggs on sale for 99 cents a dozen and boneless chicken breast for $1.39/lb. We are also putting in a number steel buildings and material costs have fallen below where they were a year ago. We are heavily invested in the metals, so our fiat dollars have multipled faster than any inflation measurement. I can give many other personal examples (espcially in bourbon, wine and beer). Yes, what’s been done to the dollar sucks, and who knows how long our lifestyle costs will stay steady before TSHTF, but everyone can make some adjustments to their buying habts and keep their own inflation rate steady (for a while at least dpnding on how your preps are doing).
Divemedic · January 24, 2026 at 4:12 pm
That’s not inflation.
Georgiaboy61 · January 24, 2026 at 3:54 pm
Destruction of the USD is a prerequisite for rolling out social credit scores and CBDCs and all the rest of the dystopian nonsense the ruling class has planned for ordinary people. Watch it happen.
Danny · January 24, 2026 at 5:43 pm
In spite of huge inflationary pressure in some sectors, I’m encouraged by the cost of gasoline recently. I wonder if it points to declining demand, increased production or a mixture. Perhaps it’s just temporary. But it seems to me to bode well for transport in general.
If or when transportation slows or even stops, God forbid, then we can assume the S has HTF.
YourAverageJoe · January 25, 2026 at 10:38 am
Im expanding my lakehouse to make it ready for retirement and Im concerned that hyperinflation will hit in mid-construction tonthe point that the company doing the work will go belly up.
Comments are closed.