Peak Inflation Was Transitory – Ep 818

· Inflation beat expectations by a wide margin.

· Consumers more pessimistic now than in depth of Covid lockdowns.

· CNBC ridicules David Einhorn for recommending gold investing.

· Investors selling both the rumor and the fact.

· Christine Lagarde said nothing hawkish.

· Recession will kick inflation into a new gear.

· Gold stocks unexpected victim of inflation.

· Government causes inflation, not prices.

· Putin calls out Biden for lying about price hikes.

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