Metals, Currency and Inflation

          Precious metals, stocks, and bonds all rallied last week.           Interestingly, the rally in metals occurred after the inflation report came in cooler than expected.  This from “Zero Hedge” (Source:  https://www.zerohedge.com/personal-finance/core-cpi-inches-lower-40-year-highs-real-wages-tumble-19th-straight-month) The headline CPI printed far cooler than expected at +7.7% YoY (vs 7.9% exp) and down from the +8.2% in Sept. That is the lowest…

Read More