$ 150 in silver and $ 3,000 in gold? Expect a summer ‘fireworks display’ from inflation, Basel III – Lobo Tiggre
(Kitco News) – Although year-over-year inflation data may drop in the next Consumer Price Index (CPI) release, given the weak base year last month, the month-over-month increase could increase, triggering a rise in gold prices, said Lobo Tiggre of the Independent Speculator.
“Look at the change from month to month. Ask yourself, has anything really gotten cheaper over the past month? No, well, maybe wood, but generally nothing only got cheaper. to, I think that’s going to tell a very strong story that should really send some thrills of fear to the powers that be, ”Tiggre told Kitco News presenter David Lin.
For more information on the views of Tiggre’s gold stocks, watch the video above.
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