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In this video I talk about the October inflation numbers and how and gold and silver responded. Inflation was up to 6.2% and hot a near 31 year high. Gold prices and up and silver prices are up because of the inflation numbers that were released today. The CPI is up to 6.2% and core inflation is at 4.6%. Consumers have been seeing much higher prices at the gas station and at the grocery store and this is because of the record inflation that we are currently seeing. Gold price is up about $30 and Silver price is up about $0.75 at the time of this videos creation. Will we continue to see inflation rise in the future? I am silver stacking and buying as much gold as I can to protect my buying power for the future. Gold and silver and considered safe haven assets and can be used as a hedge against inflation.
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