{"id":50084,"date":"2019-12-12T09:08:18","date_gmt":"2019-12-12T14:08:18","guid":{"rendered":"https:\/\/olduvai.ca\/?p=50084"},"modified":"2019-12-12T09:08:25","modified_gmt":"2019-12-12T14:08:25","slug":"gold-silver-extend-gains-on-lagardes-inflation-is-coming-comments","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=50084","title":{"rendered":"Gold &#038; Silver Extend Gains On Lagarde&#8217;s &#8220;Inflation Is Coming&#8221; Comments"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/www.zerohedge.com\/commodities\/gold-silver-extend-gains-lagardes-inflation-coming-comments\">Gold &amp; Silver Extend Gains On Lagarde&#8217;s &#8220;Inflation Is Coming&#8221; Comments<\/a><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">With the dollar sliding, and following yesterday&#8217;s dovish market reaction to The Fed, ECB&#8217;s Lagarde comments on inflation (<strong>increasing its expectations for 2020<\/strong>&nbsp;and said that Q4 2022 inflation will be at 1.7%) and&nbsp;<strong>noting labor costs pressures have strengthened<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/inline-images\/2019-12-12.png\" alt=\"\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Over the medium term, the inflation rate will increase<\/strong><\/em>, Lagarde said, adding that&nbsp;<em><strong>&#8220;the direction [rising] of inflation is good.&#8221;<\/strong><\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Additionally, she noted The ECB&#8217;s highly accommodative stance will continue for a prolonged period until inflation rises, and said that<strong>incoming economic and survey data point to some stabilization<\/strong>\u00a0in the slowdown of economic growth in the euro area.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Gold and silver have erased all the post-Payrolls losses&#8230;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/inline-images\/2019-12-12_5-42-19.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/inline-images\/2019-12-12_5-43-56.jpg\" alt=\"\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.zerohedge.com\/s3\/files\/inline-images\/2019-12-12_5-43-56.jpg?itok=atfTan-p\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold &amp; Silver Extend Gains On Lagarde&#8217;s &#8220;Inflation Is Coming&#8221; Comments With the dollar sliding, and following yesterday&#8217;s dovish market reaction to The Fed, ECB&#8217;s Lagarde comments on inflation (increasing its expectations for 2020&nbsp;and said that Q4 2022 inflation will be at 1.7%) and&nbsp;noting labor costs pressures have strengthened. Over the medium term, the inflation [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[6177,282,374,647,4318],"class_list":["post-50084","post","type-post","status-publish","format-standard","hentry","category-economics","tag-christine-lagarde","tag-european-central-bank","tag-gold","tag-precious-metals","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/50084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50084"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/50084\/revisions"}],"predecessor-version":[{"id":50085,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/50084\/revisions\/50085"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}