Massive Paper Gold and Silver Selloff Continues

The strength that the fiat financial powers collectively built is price inflation indeed.

This week the government’s underreported inflation figure came in at 8.3%, higher than expected for April but slightly lower than the 8.5% y/y figure reported the month of March prior.

Of course, one of the crucial factors running within CPI data wrangling is found in underreported housing costs that they consistently, consciously misconstrue using wild data input guesses like owner’s equivalent rent figures.