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CPI

Posted by Buygold @ 8:36 on January 14, 2020  

Consumer Price Index – 0.2% vs. Est. of 0.2%

Ex Food & Energy – 0.1% vs. Est of 0.2%

A little bit on the light side, good for a couple of bucks in gold and a few cents in silver on the knee jerk reaction. I mentioned earlier that the shares weren’t really get hit too much in pre-market. Obviously these sort of dovish numbers were leaked, but still not going to be enough to turn pm’s positive.

A little ugly in the metals this am

Posted by Buygold @ 8:24 on January 14, 2020  

Surprisingly, the shares don’t look too bad just yet. Course most of the shares have been beaten senseless since this correction started a week ago, especially the small caps.

As far as Trader Rog and his reference to Jim Rogers, I didn’t see Rogers make any comment about gold in the ZH article but the truth is I’ve never heard Rogers say he was buying gold – he’s always said he owns some but is waiting for a better price. He’s also been calling for an epic collapse of some sort for the last 5-10 years. It’s just around the corner….

In the meantime, TSLA still soars…

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.