Check out the producer price index - there is thought that the US will have to tighten monetary policy to deal with inflation hence not much impact of the inflationary pressures on POG. Problem for the Fed is - the impact of any tightening on employment numbers - extremely disappointing for August.
Think they call this being between a rock and a hard place? They will rue the day they wasted trillions on adventures in the ME, IMO!
IVR Price at posting:
6.8¢ Sentiment: Buy Disclosure: Held
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