This explains massive German gold buying, plus inflation and a look at what continues to skyrocket while another goes parabolic.
This Explains Massive German Gold Buying
August 30 (King World News) – Holger Zschaepitz: OUCH! Germany’s inflation accelerates to 3.9% YoY in August from 3.8% in July, highest level since 1993.
GERMANS ON INFLATION WATCH:
German Inflation Highest Since 1993!
Brother Can You Spare A Higher Interest Rate?
Holger Zschaepitz: Real yields fall sharply after Jackson Hole highlighting Powell’s commentary represented pure dovishness. One such comment: “The pattern of low inflation likely reflects sustained dis-inflationary forces, including technology, globalization, and perhaps demographic factors”.
Real Yields Plunge After Powell’s Dovish Comments
Gold Buying Binge
Garic Moran: The two largest consumers of Gold in the world are buying Gold at current prices. Emerging market central bankers are buying Gold at current prices. U.S. algorithmic traders continue to sell Gold with the highest inflation in 40 years and the lowest interest rates in 5K years…
Billionaire Eric Sprott bought a 20% stake in a mining company
to find out which one click here or on the image below
More Inflation
Jeroen Blokland: Spain headline inflation 3.3% in August, 0.4% above expectations, and highest in almost ten years.
Highest Inflation In Spain In Nearly A Decade
Back To Work?
Liz Ann Sonders, Chief Investment Strategist Charles Schwab: Americans’ assessment of labor market has improved significantly, with 72% now saying it’s a good time to find a quality job (see chart below).
Very Easy To Find A Good Job
More Transitory Inflation
Liz Ann Sonders, Chief Investment Strategist Charles Schwab: Parabolic spike in cost to ship 40-foot container from Shanghai to Los Angeles … now at $11.4k vs. $3.5k this time a year ago (see chart below).
Parabolic Spike For Shipping Costs
From Shanghai To Los Angeles
To find out which silver company just made a major acquisition that will
quadruple their production click here or on the image below
Starting To Look Like An EKG
Win Smart: Real Personal Income (see chart below).
Cocaine Highs From Helicopter Money Drops
Easy To Spot On This Chart
Burn Baby Burn
Adam Tooze, Head of The European Institute: Coal futures prices are surging to levels not seen in a decade. All the wrong signals (see chart below).
Coal Futures Continue To Skyrocket
1970s Redux
DowGoldEquals1: Gold Fibonacci channel replaying 1970s levels perfectly so far. Completing the pattern means near $20,000 gold by the end of this decade (see chart below).
$20.000 Target For Gold By The End Of The Decade
***ALSO JUST RELEASED: Don’t Believe The Lies About Tapering, We Are Headed For Disaster, Plus A Look At Even More Inflation CLICK HERE.
***ALSO JUST RELEASED: China Will Stun The World By Launching A Digital Gold-Backed Currency At The Start Of 2022 CLICK HERE.
***To listen to James Turk discuss Friday’s big 4+% rally in the mining stocks along with the surge in gold and silver as well as what to expect next CLICK HERE OR ON THE IMAGE BELOW.
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