July CPI release points to hyperinflation, not peak inflation at 5.4% – Todd Horwitz


July’s consumer price index (CPI) data was released Wednesday, with headline CPI coming in at 5.4%, the same reading as June’s. Todd Horwitz, chief market strategist at BubbaTrading.com, said that this is not the peak.

“I think it’s going to get a lot higher. I think we’re in a lot of trouble because of the policies of the Administration that’s in power and of course, the Federal Reserve,” Horwitz told David Lin, anchor for Kitco News.

Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Todd Horwitz on Twitter: @Bubba_Trading (https://twitter.com/Bubba_Trading)

0:00 – Inflation
4:35 – Interest rates
6:45 – Infrastructure bill
8:09 – Labor force
16:45 – Gold
18:40 – Stock market

#inflation #economy #gold
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

For more breaking news, visit http://www.kitco.com/

Follow us on social media:
Facebook – https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter – https://twitter.com/kitconewsnow
StockTwits – https://stocktwits.com/kitconews

Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/

Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html

Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/


Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.

Easy to Make Bird Feeders

Looking for a cheap and easy way to attract wildlife to your garden? An easy, homemade bird feeder is a fun project that birds will love. You can recycle items you already have at home for an eco-friendly bird feeder that won’t take a long time to make.

What’s the Number 9 Reason You Can’t Find Love?

The number nine reason you cannot find love is so automatic you don’t realize you are doing it. While most may see it as normal, it can almost always put you on the wrong path. Number nine can cause you to choose the wrong person or sabotage a good relationship with the right person.

The Blues

Everybody gets down time and up time, sometime. With that said, I begin this article. Recently, I had some serious disappointing down time that I used for reflection and understanding.

Why Workflow Automation Is Crucial for SMEs Today

According to the Asia-Pacific Economic Corporation (APEC), small and medium scale enterprises make up nearly 97 per cent of all businesses. These SMEs employ the majority of the workforce across the APEC economies. Suffice to say that SMEs are the drivers of growth, and we cannot deny their immense contribution to the GDP. However, it seems that the surging digitization has escaped most of them. A large chunk still depends on antiquated workflows and business processes. Imagine the level of productivity and growth they can achieve with workflow automation and optimized processes?

Old World Gothic Interiors and Decor

This gothic farmhouse design is an eclectic mix of vintage architecture and handcarved artistic pieces that celebrate the joy of its unique personality. The architecture details arches and high vaulted ceilings reminiscent of old world gothic design. The detailed triple arches with leaf and rose pattern give the decor a medieval period look. A vintage gilded mirror and rustic reclaimed oxcart daybed further enhances this effect. Add color with patchwork sari pillows and throws. Gothic interiors are all about dramatic opulence and old world style! Luxurious and grand the regal decor adds an elegant and classic statement.