I-80 Gold Corp T.IAU

FED boot is coming....

[metalhead666]

Services CPI soared to its highest since July 1982 and Goods inflation continues to slow...

Source: Bloomberg

Is this stall in the decline of inflation reflecting the lagged pause in M2's decline?

Finally, the rise in Americans' cost of living outpaced their income gains for the 22nd month in a row (down 1.5% YoY)...

 

[diggin78]

A common refrain this morning seems to be how unrealistic a 2% target inflation rate has become. Fed will continue to say that inflation needs to come down to 2%, but will silently set a 3-4% target. 2% is impossible without total destruction. This is very positive for gold, as the Fed lacks the courage, conviction, and possibly the ability, to restore value to the dollar. We're in for a long,

[metalhead666]

Agreed but I would hold off on gold stuff until everything gets so bad the FED will have to fold.  Shouldn't be long now