Brutal Stagflation And The Coming Impact On Gold & Silver Prices

Friday, August 4, 2017
By Paul Martin

KingWorldNews.com
August 03, 2017

As we near the end of the first week of trading in August, it’s all about brutal stagflation and what this will mean for gold and silver prices.

It’s All About Stagflation
August 3 (King World News) – Here is what Peter Boockvar noted as the world awaits the next round of monetary madness: UK gilt yields are plunging, the pound is getting slammed and the FTSE 100 is outperforming all European markets after the BoE slightly trimmed its GDP forecasts and continues to focus more on their fears with Brexit than the current higher inflation squeeze that UK households are experiencing. While obviously on a much smaller scale, it’s the old 1970’s trade off of wanting lower unemployment but at the cost of higher inflation…

Evidence proved that controlling the latter is the key precursor to the former. I’m just amazed that after more than a year after the vote and the subsequent rate cut that followed to .25%, the BoE can’t find the will to just take back that rate cut as none of their fears came close to being realized. Their expanded QE program will at least stay in place.

The Rest…HERE

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