![The Prospector Resource Investment News](https://theprospectornews.com/wp-content/themes/theprospectornews/images/pro-masthead-2011-large.png)
In today’s video CPM Group’s Jeffrey Christian analyzes US Inflation data following the release of the January 2023 U.S. CPI report. While inflation remains problematic, it continues to moderate and decelerate.
Jeff also discusses the relationship between gold and inflation. He notes that while inflation is an important factor for gold and silver prices, it is not the sole determinant. The correlation between gold prices and US consumer inflation has been 9% since 1970, but was negative 4% from 1990 to 2021 as gold prices rose sharply in an absence of inflation.
While people overemphasize inflation’s impact on gold, it is only one factor among many that influence gold prices.
Now is the time to challenge your assumptions about silver. Click here to register for the Silver Facts and Fantasies Online Seminar, March 1st.
Ascot Resources Ltd. (TSX: AOT) (OTCQX: AOTVF) is pleased to anno... READ MORE
Highlights Closing the fully subscribed brokered offering for C$8... READ MORE
Mosaic Minerals Corporation (CSE: MOC) announces that it has sign... READ MORE
First Phosphate Corp. (CSE: PHOS) (OTC: FRSPF) (FSE: KD0) is ple... READ MORE
Prospect Ridge Resources Corp. (CSE: PRR) (OTC: PRRSF) (FRA: OE... READ MORE