10.7% !!! and 13.1% annualized at the wholesale level !!!

By @ibtimes on

blogThose figures? Well, that is our current annualized inflation rate. Can you feel it? I sure can. John Williams of ShadowStats publishes the real figures. I subscribe to his newsletter and you should too. The great financial reporters at The 5 Minute Forecast found it too. Here's what they had to say last week:

Looking at the CPI figure the way it was calculated back when Billy Carter was embarrassing his brother in the White House, prices have risen 10.7% from a year ago.

Now you don't need to be embarrassed by a paper portfolio that under performs in this inflationary environment. Remember my blog entry from last year called pea cocking? Where central banks around the globe were proudly reporting their physical gold holdings? Accumulating real wealth in the form of gold coins and numismatic silver? Call your gold coin dealers today, at Lear Capital !

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