Its anticipated to be elevated, Core CPI was 3.8% yoy in May. its expected to go higher for the remainder of the year.
Oil price may throw a spanner in the works for June??
I think the Markets still have a bit to run.
We need decent push here to get over $4. AUG is generally a good month so a nice run into the merge. Would be good to be done and dusted by the end of AUG.
Bothe ORE & here report on the 22nd July, maybe the catalyst?
Our neighbours (GLN) in Argentina are on fire the last 3 weeks, up 50% from the last dip.
