Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (110129)	7/13/2021 11:35:51 AM
From: Goose94	Read Replies (1) \| Respond to of 203376

Gold: For months, the U.S. Federal Reserve and mainstream media have downplayed the recent explosion in U.S. price inflation as being "transitory". Every economist was predicting that May's U.S. price inflation rate of 5% would prove to be the "top" of the current cycle. Instead of U.S. price inflation declining in June to 4.9% or lower like every economist had forecast, U.S. price inflation actually exploded to 5.4%. This is the second highest U.S. price inflation rate of the last 30 years, with only July 2008 having a slightly higher U.S. price inflation rate of 5.6%. The excuse for high inflation in April and May were unfavorable year-over-year comparisons from low base effects due to the COVID-19 scamdemic. Every economist knew that these base effects would be done after the month of May 2021.