Gold hits another new alltime high in CAD 2425$ overniteALtho the spot gold down in US $ terms, it hit another new high in CAD, and also in many other currencies,. SO dont be fooled by the pundits suggesting gold is not going to have a great year.
Inflation has never been greater, as inflation is the actual increase in money supply....
OIL prices, of course have cratered, and this is actually causing deflating pricing in the market place, as it costs less to get goods to the outlets,. SO , on one hand record helicopter been been thrown by several countries worldwide, and a few TRILLION $ by the US alone, and on the other lower oil /fuel prices lowering the costs of doing business.
Unfortunately most businesses are suffering big time , and commerce in general is down more in a short time than we have seen in my lifetime.