The Monetary Metals Have Run Since the February 2024 CPI Price Inflation Data Report
Even the Digital Metal Market are Now Responding
Since the February 13, 2024 release of January 2024 US CPI data unexpectedly showing higher price inflation for the second month in a row, the three historic monetary metals - gold, silver, and copper - have run higher in price between 7% and 10%.
Even though these metal prices are generated in promissory note digital trading markets that do not require metal backing to create these digital metal contracts, the message is that the markets are anticipating further fiat currency debasement.
Stay tuned.
Best regards,
David Jensen