Some are saying inflation is rampant and spreading like a wild fire. Others are saying it's transitory and temporary. I hear a lot of people casually mention the price of wood/lumber as an example of runaway prices. While that was true a few months ago the news now is of a pricing collapse. Maybe it all is a temporary surge in commodities that like the market crash last year is over in a flash. I don't know how this will impact the market but uncertainty seems higher. I have a small gold position that is up a few cents that I will probably let go this morning raising cash position even higher.
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