While Inflation Refuses To Go Away, Gold Refuses To Go Up
October 20 2022 - 12:26PM
ValueWalk
The recent CPI report shows that inflation remains high. It implies
a hawkish Fed and bearish gold. To paraphrase a famous Pink Floyd
song, I wish you weren’t here, inflation! The CPI increased 0.4% in
September, after rising 0.1% in August, according to the Bureau of
Labor Statistics. The move was slightly higher than expected
[…]
https://www.valuewalk.com/while-inflation-refuses-to-go-away-gold-refuses-to-go-up/
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