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

November 10, 2022 / www.silverdoctors.com / Article Link

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

Developing...

Recent News

Copper market distortions driven by new US tariff policies

July 28, 2025 / www.canadianminingreport.com

Gold stocks up even as metal pulls back

July 28, 2025 / www.canadianminingreport.com

Gold stocks down as markets continue to new highs

July 21, 2025 / www.canadianminingreport.com

TSXV Top 20 Gold market cap shifts away from exploration

July 21, 2025 / www.canadianminingreport.com

Many new players enter TSXV gold Top 25 by market cap

July 14, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok