OTCPK:PGMFF - Post by User
Comment by
Welchspringon Jun 12, 2021 12:48pm
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Post# 33377854
RE:RE:Cpi report points to transitory inflation?
RE:RE:Cpi report points to transitory inflation? I'm pleased to hear some of us know what's going on. The All Item Index clearly indicates inflation is raising and change from .8% in April to .6% in May is not a trend change. Pattern changes are measured altered on whether it is upward or downward after a three month period. That has not occurred yet.
As to what is altering the price of gold the chatter on tapering and the discussion on interest rate increases is making gold people nervous as well the market have been range bound for a period of time. Market volume is down and investors are nervous of a market correction.