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  • Consumer Price Index - March 2022

    From bls.gov

    The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.2 percent in March on a seasonally adjusted basis after rising 0.8 percent in February, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.5 percent before seasonal adjustment. Increases in the indexes for gasoline, shelter, and food were the largest contributors to the seasonally adjusted all items increase. The gasoline index rose 18.3 percent in March and accounted for over half of the all items monthly increase; other energy component indexes also increased. The food index rose 1.0 ... (full story)

Added at 8:34am

  • Inflation rose at fastest pace since 1981 in March as consumer prices jumped 8.5% annually

    From usatoday.com

    Consumer prices climbed further into the stratosphere in March and the only consolation is that this painful bout of skyrocketing costs may have peaked. Inflation hit a fresh 40-year high as continuing surges in gasoline, food and rent costs more than offset moderating used car prices. The consumer price index leaped 8.5% annually, the fastest pace since December 1981, the Labor Department said Tuesday. That's up from 7.9% in February and inflation now has notched new 40-year highs for five straight months. Prices rose 1.2% from their February level, the sharpest monthly increase since September 2005. Gasoline prices ... (full story)

All fine and dandy in Fairyland.
Everyone can see the chart, but only a few can actually read it.
From$1toMillion EA All Time Return: 24.2%
Thanks to the Biden price increases
...because you never know - until you do!
Buy EU
People don't plan to lose. They lose because they don't plan.
Is it good for greenback?
This is good news or bad news for our planet ? Bcs one cpi below expectation mean good, other inflation rose to 8%.
Has potential to be good for USD....... 'IF'...... Fed decides to use more then their jawbones.

Fed can also crash economy which will be bad for USD.

add: Fed does have a credibility problem.
  •  Guest
  • | IP XXX.XXX.15.102
Guys is there a website you can go to see all the news that will have an impact on Gold?
This is irrelevant data until we see what next month is like. There needs to be a continuation in drop of inflation, not a one off drop by 0.1% which is a joke.

There had to be a relief rally, everything was so oversold for so long, hedge funds need to rebalance their sheets and profit take some long term positions.

Let's see what tomorrow brings, and today is scalp city.
fastest rise but dollar pulls back )
I think the fed too slow to take action again and maybe they hv own problem too. Why must wait till next month for rate high. Unemploy alredy reach 3,6%. They should take action a s a p.
  •  Guest
  • | IP XX.XX.44.146
Looks like a naked call seller panic
Quoting BaliBoyz80
This is good news or bad news for our planet ? Bcs one cpi below expectation mean good, other inflation rose to 8%.
I am missing your "why gold up" post.
Everyone can see the chart, but only a few can actually read it.
From$1toMillion EA All Time Return: 24.2%
These numbers are nuts!!
Quoting Guest
Guys is there a website you can go to see all the news that will have an impact on Gold?
https://silvergoldbull.com/live-gold...5c85f7c15ab8ba

https://www.kitco.com/charts/index.html
It says this is the peak of inflation... I hope it is.
Wow Consumer prices ONLY increased 8.6%!!!! Thank Goodness it wasn't the 8.7% that everyone was talking about!!!!

What does that mean? This is PEAK INFLATION and its all downhill from here....

For USD stock market...
Attached Image (click to enlarge)
Click to Enlarge Name: buy.gif Size: 70 KB
NOTE: The above was supposed to be SARCASTIC
...because you never know - until you do!
Mother.... fu...... ers........ Bitcoin the future... just because it down.. don't mean it not time to buy .... You were warned
Quoting OnlineAddict
{quote} I am missing your "why gold up" post.
Ha ha ha... Just wait until gold down, i will post= why gold down...
Here's a 'thinking-out-loud' question for people, which I have been considering for some time and surprising even myself that I should question a major tenet (N.B. I am an advocate of CB's raising interest rates much higher to quell inflation and am not really comfortable with 2% always being seen as the 'ideal' inflation rate as it sets-in-stone a permanent devaluation):
As the most significant force of inflation around the world just now is energy and energy is absolutely a foundation stone cost for everything, meaning that it acts as brake/ball-and-chain, is it necessary for CB rates to go much higher yet, after all, if energy acts very much in the same way as the CB's Interest Rates? Just paying for the necessities of life must drain any free money for non-necessities and people will cut back on impulses and frivolities to keep warm and eat, so inducing recessions and taking the heat (yes, a pun) out of economies without CB's needing to hasten the drop?
All opinions invited.
Quoting BaliBoyz80
{quote} Ha ha ha... Just wait until gold down, i will post= why gold down...
Everyone can see the chart, but only a few can actually read it.
From$1toMillion EA All Time Return: 24.2%
Quoting ScalaFX
Buy EU
Beautiful 52 pips. Thanks for the heads up.
Quoting Guest
Guys is there a website you can go to see all the news that will have an impact on Gold?
Maybe goldprice.org?
Quoting MatTrader101
This is irrelevant data until we see what next month is like. There needs to be a continuation in drop of inflation, not a one off drop by 0.1% which is a joke. There had to be a relief rally, everything was so oversold for so long, hedge funds need to rebalance their sheets and profit take some long term positions. Let's see what tomorrow brings, and today is scalp city.
True
At this point they should try all the Fed members and send them to jail. What are they doing with our economy? Just raise the rate to dampen inflation. Lots of Americans are suffering, children sleep hungry so some wealthy dudes’ stocks won’t crash? What is this?
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