Traders Begin to Realize Higher Inflation Is Bullish for Gold – Ep 696

The Peter Schiff Show Podcast

* The Great Rotation is underway.
* Gold closes the month with its highest monthly close since August 2020.
* Headline PCE has biggest rise in 13 years.
* Core CPE has biggest rise in 25 years.
* Rent rises 5.4%. Food rises 28%.
* Traders waking up to reality that inflation is bearish for the dollar and bullish for gold.
* JP Morgan risks their clients’ investments to collect their fees.
* Government budgets are just optimistic wishlists.
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