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Inflation data came out really weak indicating deflation

Posted by Buygold @ 8:47 on July 10, 2020  

I kind of think a deflationary cycle is good for gold because it has to be fought with fiat and more liquidity.

PPI fell -0.2% vs. expectations of +0.4%

Last check of the Ten yr. it was down @ .58% surely on its way to zero. USD is flat – surprisingly.

Could be another strong day for us today.

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