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Inflation

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Not applicable
US may face strong possibility of high inflation. When CPI and GDP number prove that there are real risks of inflation and a rate cut would amplify the problem can some wise one tell me what will happen to the gold price.
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5 REPLIES 5
SimonPB
Valued Contributor
inflation was always the risk, as soon as helicopter ben started cutting rates the risk was inflation, but he seemingly decided that it was the lesser of two evils. So to a degree higher inflation is already priced into the system and/or gold price, maybe? Certainly I wuld suggest gold at 970 is pricing in all sorts of nasties.
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Brazen
Super Contributor
. . .sigh. . . it's so boring round here, I'm almost ready to start picking on steelhead again.
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Not applicable
You right it is very boring here, pick on me, and lets spice up things
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Brazen
Super Contributor
LOL! You're not a bad sort pinhead, and that's the truth.
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CrownA
Super Contributor
All the gold buffs are calling Gold to $1000 and beyond. All Hail Buzz LightYear (Helicopter Ben)
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