The COLA for this year, effective from 2025, is 2.5%, marking the smallest increase since 2021. The purchasing power of a Social Security dollar is becoming less and less / Freepik ...

“I believe that over the next 10 years, gold’s appreciation, at least in nominal terms, will mirror the devaluation of the purchasing power of the U.S. dollar,” he said.

"While the Dollar Index is now close to fair value based on Purchasing Power Parity, it is far from cheap," Hayes said.

Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period while shrinking the economy, raising the inflation rate and reducing the purchasing power of households ...