Hopefully we get Peter’s take on CPI and PPI. Gold, silver, bitcoin and markets up today.

Crypto= roach motel!

Buying in is easy, but good luck cashing out! 🤣

The truth is Bitcoin is VERY centralized, controlled by whales and crypto exchanges with KYC who can manipulate the price via illegal wash trading. Crypto exchanges can also block you from your crypto account and selling at any time!! No one in the media talks about this. Coinbase alone has thousands of complaints from customers posted on the better business bureau website.

Physical gold in your possession avoids all these problems with crypto. Gold is stable, tangible, and beautiful to look at in your hand. Bitcoin are none of those things!

PPI tomorrow, CPI Wednesday. I won't lie, I am bearish short term this month in that I would expect more declines than gains. I think inflation will be worse than forecasted which will scare the market to think a rate increase is possible.