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

To: Goose94 who wrote (122173)	3/19/2022 7:19:24 PM
From: Goose94	Read Replies (1) \| Respond to of 203399

Gold: March 2022 Inflation Will Be Worse Since August 1973 U.S. Regular All Formulations Gasoline Prices have increased by 23% over the past month, which is 4 standard deviations above average. This exceeds the previous record (since 1990) that was set in September 2005 when gasoline increased by 22.5%. In September 2005, U.S price inflation on a month-over-month basis hit its highest level of the last 40 years of 1.222%. During the prior month of August 2005, U.S price inflation on a month-over-month basis was only 0.512% so a 22.5% rise in gasoline prices caused the month-over-month price inflation rate to increase by 0.71%. In February 2022, U.S price inflation on a month-over-month basis was 0.913% so we are estimating that a 23% rise in gasoline prices in March 2022 will cause the month-over-month price inflation rate to increase by 0.726%. We are estimating that the March 2022 month-over-month price inflation rate will reach 1.64% its highest level since August 1973. On a year-over-year basis, the U.S. price inflation rate for March 2022 is likely to reach 8.87% for an increase of 100 basis points from 7.87% in February 2022. Despite the Federal Reserve raising the Fed Funds Rate by 25 basis points this week, the Real Fed Funds Rate will actually decline by 75 basis points this month to a new all-time low! In August 1973, the last time month-over-month U.S. price inflation reached a level comparable to what March 2022 month-over-month price inflation will be, gold gained by 90.96% within the following eight months!