Prices are rising…
(by Half Dollar) Since the last official US government inflation report, Fed Chair Jerome Powell has “retired” the world “transitory” from the phrase “transitory inflation”, and the price of silver has fallen.
Neither of these two things should come as any surprise.
Additionally, the mainstream media propaganda is extra heavy right now.
Regardless, the latest inflation report, the Consumer Price Index, has just been released for the month of November, 2021,
According to the BLS, in November:
- The Consumer Price Index rose 0.8%.
- CPI rose 6.8% over the last 12 months.
This is the fastest annual rate going back to the 1980s.
Gold & silver moved higher when the report hit the tape: