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...

Gold stocks lead the large cap miners by far over H1/25

Gold stocks up as the metal price and equities gain

Mixed outlook for gold as it remains range bound for past three months

Gold stocks down on flat metal price

Gold stocks down on metal decline