Today's hotter-than-expected #inflation data, following similar news yesterday, is putting more downward pressure on #gold. But gold will soar when investors realize the Fed will keep cutting rates despite inflation, and return to QE, sending both inflation and gold much higher.
— Peter Schiff (@PeterSchiff) December 13, 2024
Agricultural commodities have surged nearly 30% year-over-year, reaching their highest levels in a decade.
Meanwhile, the Fed is preparing for another rate cut next week.
The war against inflation is far from over in my view. pic.twitter.com/TeuC26iaiL
— Otavio (Tavi) Costa (@TaviCosta) December 13, 2024
Extremely worrisome
10yr back above the descending channel.
The consequence of 75 basis rate cuts coming home to roost.
1970s revisited. pic.twitter.com/6qYYstsfv5
— The Great Martis (@great_martis) December 13, 2024
That thing is happening again 🤫 pic.twitter.com/yF7qlmBsQn
— Piker Capital (@PikerCapital) December 13, 2024
BREAKING 🚨: Steak Lovers
Cattle prices jump to an all-time high 🐂 pic.twitter.com/PQuiUZzN7x
— Barchart (@Barchart) December 12, 2024