Craig Hemke, Founder and Editor of TF Metals Report, joins us to discuss the hot CPI reading of 7.5% with inflation proving to be much stickier and running higher than most expected from just a year ago. We look at the reactions to these higher inflation readings in the general markets, bonds and interest rate yields, and gold. Craig outlines that there will be a point in the next 18 months where the precious metals will move higher when more people wake up to the lack of options available in Fed policy in response to inflation and the delayed effects those policies will have.
Craig Hemke – Hot CPI Inflation Reading, Fed Policy, Interest Rates, and Gold
