CPI jumps 5% in May of 2021, fastest since 2008

on items that are already selling for ridiculously high prices , groceries , new trucks etc , i would expect no improvement in pricing if demand stays anywhere close to similar levels and we all know americans dont want to give up eating.
 
According to University of Michigan consumer survey Americans are expecting inflation at 4.4 percent for 2023 and five years out still at about 1 1/4 percent over Fed target.
 
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inflation unchanged . Gold 1972 today , 1965 1/2 tonight. If the fed leaves rates and cuts even 1/4 to 1/2 between now and end of Apr I'll expect the 2200 gold I've been expecting to be a pretty good chance
 
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Rumors are Black Friday spending up 7 1/2 percent from yr prior , store traffic up 2 percent , cyber Mon spending up 9 1/2 percent. Credit purchases now driving inflation , only thing keeping it from runaway inflation now is cheap oil
 
core inflation remains unchanged at four percent . Twice the fed target .No improvements.
 
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