The Morgan Report's, David Morgan, comments on this week's CPI number, and the PMs sector.
• Eroding purchasing power.
• Silver, at key times, remains the "best inflation hedge."
• Gold is an ideal deflation hedge.
• The yellow metal may outperform silver at first.
• Gold has appreciated 90x's in 100 years!
• Potential bottleneck in PMs supply / production?
• Mining companies continue to "buyback" shares.
• A nascent "goldrush" to mining shares remains a wildcard.
• Shadowstats suggest a 12% real inflation rate.
• Investors could be facing a 1987 crash-like moment, where "bail-ins' become the norm as savings vanish.
• The global economy has reached an inflection point, from long-term paper assets into more tangible, safe-havens.