Comment by dlcarrier
1 day ago
Every metal, and really every commodity, has has recent price hikes above the official BLS CPI numbers.
That says far more about official inflation numbers than it does commodity markets.
1 day ago
Every metal, and really every commodity, has has recent price hikes above the official BLS CPI numbers.
That says far more about official inflation numbers than it does commodity markets.
This! Since our money is being inflated away, hard assets like precious metals, bitcoin, and real estate get bid up because those with cash bleed out purchasing power.
I like to call that "inflation".