Inflation soars again, gold and silver move higher

#Inflation soars again, #gold and #silver move higher

The July inflation report was released this morning, and despite the Federal Reserve’s recent interest rate hikes, the number still came in at 9.1%!

This is the highest #CPI figure since November of 1981, and is likely even higher than that number when you factor in the adjustments to the CPI formula that have been made since then.

Yet it leaves the Fed in that same difficult position, where it has to raise interest rates to have any chance of keeping the currency from losing its value, yet the higher rates continue to pressure the underlying economy.

But to find out more, as well as the latest developments in the silver and gold markets, click to watch the video now!

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To read the latest production results from Fortuna Silver go to:
https://fortunasilver.com/investors/news/fortuna-reports-solid-production-of-96-712-gold-equivalent-ounces-for-the-second-quarter-of-2022/

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To get your paperback or audio copy of The Big Silver Short go to:
https://arcadiaeconomics.com/thebigsilvershort/

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To see the evidence of manipulative behavior in the silver market (as well as how you can send it to your local regulators and Congressional representatives) click here:
https://arcadiaeconomics.com/cftc-complaint/

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To sign the petition to ban JP Morgan from having any involvement in the silver industry click here:
https://www.ipetitions.com/petition/ban-jp-morgan-from-trading-gold-and-silver

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And remember to get outside and have some fun every once in a while!:)
(URL0VD)