Peak Inflation Was Transitory – Ep 818

· Inflation beat expectations by a wide margin.
· Consumers more pessimistic now than in depth of Covid lockdowns.
· CNBC ridicules David Einhorn for recommending gold investing.
· Investors selling both the rumor and the fact.
· Christine Lagarde said nothing hawkish.
· Recession will kick inflation into a new gear.
· Gold stocks unexpected victim of inflation.
· Government causes inflation, not prices.
· Putin calls out Biden for lying about price hikes.



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