The Pain is Almost Over

by David Brady
Sprott Money

My apologies for the tardiness of my article this week, but given my focus on bond yields and the implications for precious metals and miners, I wanted to wait to hear what the chief ‘Facilitator of Spending’, Fed Chair Powell, had to say during a Wall Street Journal conference today.

Here are the highlights with my comments below:

“We expect that as the economy reopens and hopefully picks up, we will see inflation move up through base effects,” Powell said. “That could create some upward pressure on prices.”

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