by David Haggith
GoldSeek
This was one of those days where every news headline that went into The Daily Doom this morning made me say, “Of course it did!” — not in the approving kind of way, but in the way you say it as you roll your eyes because you see that, yes, the bread did land jelly-side-down on the carpet, or you discover that, rubbing against the door frame as you slid into your car, did leave a big grime smear on your white pants, which also rubbed off on the seat.
Of course it did!
Oops. And it looks like that jellied slice of bread nicked your pants on the way down to the floor, too.
Of course it did!
That was the news about inflation all over the place. Inflation rose, instead of falling like the Fed wants and like the stock market fantasizes.