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ranbotrader
Member since May 2012
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Inflation Spikes in 2017, Supporting Gold Prices Despite Increased Odds of March Rate Hike - Jason Hamlin - Gold Stock Bull

Funny but a number of writers on this site have been calling DEFLATION. You can't have both can you? So what is the consensus or is it a matter of changing opinions every month?????? I am starting to feel that some of the authors are economists who have no idea. That might appear to be the case because economists of all persuasion have stuffed up western economies all around the globe: economists living on blond planet.

Commented 2617 days ago

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Beginning of the headline :Inflation is coming. In fact, inflation rose at the fastest pace in four years during January. Consumer prices surged 0.6% in January from December, double the consensus forecast of a 0.3% rise. This marks the sharpest monthly increase since February 2013, according to the Bureau of Labor Statistics. Source: BLS St. Louis FED / Wolfstreet The year over year chart helps to highlight the acceleration in inflation that we have seen over the past several months. The January spike is certainly more... Read More

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