Gold & Silver Spike As News Of Only 7.7% Inflation Rate Hits The Tape

Who said we had an inflation problem?

(by Half Dollar) The Federal government's official inflation report has just been released for the month of October, 2022.

According to the BLS, in October:

Prices are up 0.4% from last month.Prices are up 7.7% over the last 12 months.

In other words, inflation, apparently, is soon to be a thing of the past, which means the Fed can soon go back to cutting interest rates, which, according to the mainstream, is totally not inflationary.

Seems legit.

Gold & silver spiked when the "news" of the "report" hit the tape

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