Only Price Dips Are Transitory

53
Thu, Jun 10, 2021 - 9:57am

As we wrote last week for Sprott, it's not inflation that's "transitory", it is gold price dips. And we just saw another one today ahead of the May CPI.

So what was that anxiously-awaited CPI? See for yourself below:

*US May Consumer Prices +0.6%; Consensus +0.5%

*US May CPI Ex-Food & Energy +0.7%; Consensus +0.5%

*US May Consumer Prices Increase 5% From Year Earlier; Core CPI Up 3.8% Over Year

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Key Economic Events Week of 6/21

6/21 9:45 ET Goons Bullard and Kaplan
6/22 2:00 ET CGP on Capitol Hill
6/23 9:45 ET Markit flash PMIs for June
6/24 9:30 ET Durable Goods
6/24 9:30 ET Q1 GDP final guess
6/24 9:30 ET Goons Bostic and Harker
6/24 11:00 ET Goon Williams
6/24 1:00 ET Goon Bullard again
6/25 8:30 ET Personal Inc and Spending
6/25 8:30 ET Core PCE
6/25 10:00 ET UMich Consumer Sentiment

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