INFLATION ZOOMS INTO THE STRATOSPHERE AS BRANDEN PROPELS US INTO NOSE BLEED TERRITORY

The numbers came out today, inflation is up 8.5% YOY. This is not good news for Branden and Company.  Back to the days of Jimmy Carter some forty years ago. Gold responded to the news by vaulting up to $1970 per ounce. TRUMP IS TO BLAME, PUTIN IS TO BLAME, YOU ARE TO BLAME. TELL YOU WHAT FOLKS, THESE DEMOCRAT IMBECILES ARE THE ONLY ONES TO BLAME. Hey Democrat voters, you like paying $5 a gallon at the pump.

Do you honestly think that Joe Biden gives  a hoot about you? It will be your turn to PUMP him come November. Shove it up his GASS. 

Kitco Metals Inc.From Kitco

Gary Wagner  Tuesday April 12, 2022 18:00

Kitco Commentaries | Opinions, Ideas and Markets Talk

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Commentaries & Views

Today the BLS (Bureau of Labor Statistics) released its CPI inflation report for March 2022. The report showed that inflation had risen to 8.5% when compared to the inflation level in March 2021. When compared to month-over-month levels, inflation rose 0.6% as February’s level of inflation came in at 7.9%. However, this news was no surprise as it had been released by the Federal Reserve Bank of Cleveland on March 30.

The U.S. dollar also strengthened with the dollar index breaking above 100 after factoring in today’s gain of 0.39% which took the index to 100.315.

As of 4:50 PM EDT both gold and silver had substantial gains. The most active June 2022 gold futures contract is currently trading up $20.80 or 1.07% and fixed at $1969 per ounce. Silver futures gained 2.33% or $0.58 with the most active contract currently fixed at $25.57.