We are in for an interesting month or so folks.
Official US Core CPI (YoY) at 4.5% which excludes food and energy.
However, looking at the price rising of some of food and energy increases over the last 12 months and it gets interesting:
Natural Gas over 85% increase
US coffee over 50%
US wheat nearly 45%
US corn over 80%
US soybeans over 50%
US sugar over 45%
US cotton over 45%
Live cattle nearly 25%
Live hogs over 70%
Silver down 16%
As my Grandfather used to say. When it stinks, it's a good time to buy.
As I said. Patience IVRers but DYOR.
Btw...I maybe wrong so I'm happy to be corrected.
Inflation at 4.5%?
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