In the following article, Jake Weber from the Casey Report shows how commodity prices have increased an average of 48% over the last year even though "official" inflation statistics say we have only had a little over 1% inflation. What's going on? Typically this shows that inflation is on its way and will be here soon. Because commodities are leading indicators as they are thee raw materials used to produce the things we consume. ~Tim McMahon, editor By Jake Weber, Editor, The Casey Report As is often the case, there is a big difference between what the government statistics are reporting and what’s going on in the real world. According to the most recent inflation reading published … [Read more...]
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