Jul. 3 at 11:02 PM
$SI_F $SLV $AGQ $GLD $NUGT
If CPI, PPI, and PCE cools down after the big crash in oil price, metals could be setup for a nice rally in the next few months...that's because the fallen oil price literally takes 1 to 3 months to work through the system. Therefore, I expect CPI, PPI, and PCE to continue to show cooling inflation in July, Sept, and Oct reports.