Featuring views and opinions written by market professionals, not staff journalists.The US PPI inflation report is today, and the CPI is released tomorrow. The average American is experiencing much more “” inflation than these reports have shown to date, and they are managing it by taking on more debt.
In America, the most vociferous chickenhawks love watching their government borrow and extort ever-more fiat to fund the madness. Double-click to enlarge. On the daily chart, the price action from the February and March lows isn’t quite vertical enough to call the current action a flag, but it is a very bullish drifting rectangle.Tactics? Gamblers can buy here to bet on a bullish PPI report and the bullish technical patterns on the chart.
Chinese futures market gamblers have been subdued since a margin hike was announced in April, but a new wave of US inflation would likely see them come back into the market.1970s on steroidsand silver is currently only a fraction of the price of gold.
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