Gold & Silver "Sold" On Latest Inflation Report (It's Another Scorcher!)

Prices on "all items", with the exception of gold & silver, continue to skyrocket...

(by Half Dollar) The Bureau of Lying Sadists Labor Statistics has just released the official inflation report, the Consumer Price Index, for April of 2022.

According to the Bureau of Labor Statistics:

Prices are up 0.3% from last month.Prices are up 8.3% over the last 12 months.

Uh, sure they are.

Gold & silver were "sold" the moment the report hit the tape:

Because nothing says "inflation" like falling gold & silver prices.

Developing...

Platinum clearly ahead of palladium for first time in seven years

Gold majors take the lead

Gold ratios versus silver, platinum drop, but still above recent averages

Gold juniors continue to outperform

Thor Explorations continues to lead TSXV global gold producers