Inflation Is Lurking—And Gold’s Just Getting Started

EDITOR'S NOTES

As the U.S. dollar continues its downward spiral and inflation risks climb higher, gold is proving to be more than just a “safe haven”—it’s becoming a necessity. In this extended commentary on a recent Kitco News article by Neils Christensen, we’ll break down why analysts at Schroders believe gold still has room to run—and why I think they might still be underestimating the storm that’s brewing. From policy chaos to investor panic, this is a must-read for anyone looking to protect their hard-earned wealth.

posting-admin Aug 28, 25

Well, folks, here we are again—another mainstream financial report tiptoeing around the elephant in the room: the U.S. dollar is bleeding out, and the real inflation numbers are a whole lot worse than they’re letting on. Neils Christensen over at Kitco News covered a report from Schroders, a major investment firm, where analysts say gold “still has room to run.” They're not wrong—but in my view, they’re still not sounding the alarm loud enough.

Let’s break this down the way I would explain it to my brother-in-law over coffee.

Schroders Sees What’s Coming—Kind Of

First off, props to Jim Luke and the crew at Schroders. They’re acknowledging a few uncomfortable truths: inflation isn’t going away, the dollar’s looking shaky, and Wall Street is pretending like everything’s just peachy.

Schroders said gold is holding firm just below $3,400 an ounce, despite some headwinds earlier in the year. That’s not just impressive—it’s historic. Gold is up nearly 30% this year, and yet according to them, there’s still gas left in the tank.

Now let me tell you why they’re right—and why the situation is more urgent than they’re willing to admit.

Inflation Isn’t Tamed—It’s Lurking

While politicians and central bankers love to pretend inflation is “under control,” you and I both know that’s baloney. Go fill up your gas tank. Go grocery shopping. Look at your utility bill. The numbers don’t lie—and neither does your wallet.

Schroders notes that investment demand is on the rise, especially out of Asia. In China, gold ETF growth is booming. Meanwhile, in the West, we’re still watching Netflix and pretending everything’s fine. That’s the difference between a population that’s lived through real monetary pain—and one that’s about to.

When the West finally wakes up, gold won’t just “have room to run”—it’ll blast off.

The Dollar Is Rotting from the Inside Out

Let’s be blunt: the U.S. dollar is living on borrowed time. Our national debt is a ticking bomb—now well past $40 trillion. And with the Fed playing musical chairs on interest rates, nobody knows where policy is going from one month to the next. That’s what Schroders calls “policy volatility,” but I call it what it is: chaos.

The truth is, people are losing trust in government bonds and fiat currency in general. When that trust breaks, the scramble into real assets begins—and nothing says “real” like physical gold and silver. Not a piece of paper. Not a promise from a bureaucrat. The real deal.

Gold as “Portfolio Insurance”? Try “Survival Insurance”

Schroders calls gold a “valuable diversifier” and “portfolio insurance.” That’s fine for the guys in suits. But for everyday Americans getting crushed by inflation, this isn’t about diversification—it’s about survival.

Back when I was growing up, my dad used to say, “Don’t put your trust in things that rust or rot.” Today, I’d amend that: don’t put your trust in things that print from a press. Dollars are losing value every time more of them are created, while gold holds strong. It’s like comparing a rusty old sedan to a timeless classic—gold’s the ‘69 Mustang. Fiat is the lemon on Craigslist.

The Fed, FedNow, and the Coming Control Grid

You also have to look at what’s lurking behind the curtain: FedNow and Central Bank Digital Currencies (CBDCs). These aren’t just about convenience—they’re about control. Once everything you earn and spend is trackable, taxable, and even “programmable,” what do you think happens to your financial freedom?

That’s why gold and silver aren’t just smart—they’re resistance. They’re one of the last remaining tools we have to stay off the government’s radar and protect what’s ours.

What Comes Next? A Global Rush for Gold

Jim Luke from Schroders said we haven’t yet seen a truly global bid for gold. He’s right—and that’s terrifying in the best way. Because when that moment comes, prices won’t just rise—they’ll explode. It won’t matter whether you bought at $2,000, $2,800, or $3,300. If you’re holding gold when the system buckles, you win. If you’re holding dollars, well… you’ll be holding the bag.

Here’s What You Need to Do Right Now

Look, I don’t say any of this to scare you—though frankly, if you’re not a little scared right now, you’re not paying attention. I say this because I’ve been through the 70s stagflation. I’ve seen what currency crises look like up close. And I’ve never been more convinced that gold and silver are the financial lifeboats we all need.

👉 Download Bill Brocius’ free eBook: “Seven Steps to Protect Yourself from Bank Failure”
👉 And for the love of your future, start stacking real assets. Don’t wait until the panic hits. By then, it’ll be too late.

Until next time—stay sharp, stay skeptical, and stay free.

—Frank Balm