Traders Begin to Realize Higher Inflation Is Bullish for Gold – Ep 696

* The Great Rotation is underway.

* Gold closes the month with its highest monthly close since August 2020.

* Headline PCE has biggest rise in 13 years.

* Core CPE has biggest rise in 25 years.

* Rent rises 5.4%. Food rises 28%.

* Traders waking up to reality that inflation is bearish for the dollar and bullish for gold.

* JP Morgan risks their clients’ investments to collect their fees.

* Government budgets are just optimistic wishlists.







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