The New CS Board

[jumanji0881]

Price pressure on gold, silver, after hot U.S. PPI data : https://www.kitco.com/news/2021-04-09/Price-pressure-on-gold-silver-after-hot-U-S-PPI-data.html

My Comment : But, but higher inflation is supposed to mean higher gold prices. It's an upside down world. One thing is for certain, rates cannot be allowed above 2% whereas inflation can go much higher and actually already is much higher.

Excerpt:
(Kitco News) -Gold and silver prices are solidly lower in early U.S. trading Friday, extending overnight losses in the wake of a hotter-than-expected U.S. producer price index report for March that boosted the U.S. dollar index and pushed up U.S. Treasury bond yields