Just felt the need to share this “short-read” with anyone waiting for the big gold breakout.
Rick Rule – Triple Gold Demand
Whilst today we share some excellent insight from Rick Rule, first the important context. Last night saw the 3rd red hot inflation print out of the US in a row. CPI came in nearly double expectations at 0.9% just for June, and Core CPI saw its biggest print in 30 years. The transitory inflation narrative is being severely tested and gold rose on the news. Legendary Rick Rule beautifully describes why.
Click through to read the news
Rick Rule – Triple Gold Demand
Whilst today we share some excellent insight from Rick Rule, first the important context. Last night saw the 3rd red hot inflation print out of the US in a row. CPI came in nearly double expectations at 0.9% just for June, and Core CPI saw its biggest print in 30 years. The transitory inflation narrative is being severely tested and gold rose on the news. Legendary Rick Rule beautifully describes why.
Click through to read the news