The Fed is now in very serious trouble.
All but one of the inflation metrics the Fed tracks are above its target rate of 2%.
The one exception is Core Personal Consumption Expenditures (red line below). And it’s turning sharply upwards as well.
H/T VP Research
I keep emphasizing this but no one is paying attention…
THE FED HAS LET THE INFLATION GENIE OUT OF THE BOTTLE.
Look at the recent spike in inflation expectations. We’ve broken the downtrend of the last three years.
BIG inflation is coming. The US Dollar will be dropping hard in the near future.
And Gold will be going through the roof.
On that note, we just published a Special Investment Report concerning a secret back-door play on Gold that gives you access to 25 million ounces of Gold that the market is currently valuing at just $273 per ounce.
The report is titled The Gold Mountain: How to Buy Gold at $273 Per Ounce
We are giving away just 100 copies for FREE to the public.
To pick up yours, swing by:
https://www.phoenixcapitalmarketing.com/goldmountain.html
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
The post What Happens to Gold When the Markets Figure Out the Fed Screwed Up? appeared first on crude-oil.top.