US White House warning January inflation "may be over 7% yearly"

"We expect a high yearly inflation reading in tomorrow's data," White House Press Secretary Jen Psaki told reporters. "Above seven percent, as I think some are predicting, would not be a surprise."

LOL, Ms Psaki was softening us up for tomorrow's January US Consumer Price Index report. A resulting reaction drop in stocks and gold, particularly a temporary one, is certainly possible. Aka, buying opportunity.