Gold is lagging the raging inflation unleashed by the Fed’s epic money printing. Despite leading inflation benchmarks skyrocketing to multi-decade highs, gold prices have barely budged. Serious inflation initially fuels record-high stock markets, which stunt gold investment demand. But festering inflation increasingly erodes corporate earnings, hitting stock prices. As stock markets roll over, gold will start reflecting this inflation. Runaway inflation is increasingly plaguing the United States, as evident in this week’s major economic releases. The December Consumer Price Index headline number came in up 7.0% ... (full story)