Loading ...Consumer Price Index – 0.2% vs. Est. of 0.2%
Ex Food & Energy – 0.1% vs. Est of 0.2%
A little bit on the light side, good for a couple of bucks in gold and a few cents in silver on the knee jerk reaction. I mentioned earlier that the shares weren’t really get hit too much in pre-market. Obviously these sort of dovish numbers were leaked, but still not going to be enough to turn pm’s positive.
Surprisingly, the shares don’t look too bad just yet. Course most of the shares have been beaten senseless since this correction started a week ago, especially the small caps.
As far as Trader Rog and his reference to Jim Rogers, I didn’t see Rogers make any comment about gold in the ZH article but the truth is I’ve never heard Rogers say he was buying gold – he’s always said he owns some but is waiting for a better price. He’s also been calling for an epic collapse of some sort for the last 5-10 years. It’s just around the corner….
In the meantime, TSLA still soars…