Big Increase In Inflation Coming Soon - Jim Welsh #5110
A major increase in inflation is ahead and the Fed isn\u2019t gonna do anything about it. A lot of people are oblivious to this fact and they\u2019re in for a shock as is the stock market. This should be good news for gold and the mining sector. Powell is talking the talk, but he\u2019s not about to walk the walk. He says that it will be temporary and therefore, it doesn\u2019t warrant a\xa0 response. The stage is set for a conflict between inflation and the stock market. Will asset value inflation continue onward and upward. The coming bout of inflation, gasoline up 60%. It will add two percent all by itself. Supply chain disruptions mean less vehicle sales and reduction of discounts. The chip shortage is severe. Issues at the ports, not enough trucks or dock capacity to handle it. We could see the headline CPI jump as much as 3.5% and the core rate will follow it. If an when the 10 year gets above 2%, yields will then drop, temporarily.