Loading ...1.1% MOM vs 1.5% estimates, core 0.2% vs. 0.2%
I can keep going but these numbers show inflation is slowing for producers. The Fed has crushed demand and these numbers will keep falling. The only thing they can’t fight is a falling dollar – crashing dollar.
Regardless, none of this matters to our metals, gold up $7, silver up $.19
They should be up $50 and $1 on news like this. The Fed WILL pause.