I don't really know how do they calculate the Inflation figure but the data is telling me that there's plenty of time for commodities to run until the US achieve a better inflation figure.
As global economies are slowing. Gold is still struggling whenever the USD is appreciated over other currencies.
What will happen if China is thinking about a new QE program. Gold will be in deep shit.
I am holding for another month.
I wish that I can print money as it's a sure bet that the fiat will appreciate very strong in 5-7 years. God damn Gold
