We Really Like It.

Dear investor.

What a welcomed number this morning the inflation data released was much better than expected.

The market anticipated a number of around 8%, and it came in at 7.7%…what a delight.

IMG just days ago mentioned that gold and silver were showing signs of bottoming, This, of course, was based on the technical picture available at that time. What we now have is a complement on top of the technical signals, which I must say; we really like…very much.

This offers the escape valve that Powell needed to soften his aggression on rate hikes. Markets are headed towards a stagflation environment, in which the metals actually do very well. Prices are much higher going into the afternoon.

It would be a fair statement that in light of the new inflation numbers, buying the price dips that the market may provide is strongly recommended.

Do not hesitate in calling IMG for a detailed conversation regarding this window of opportunity.

Short-term: Headlines are your buying opportunities.

Long-term: Fundamentals are your guide.

Much success to all.  

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