Another buck down – $43

$43 Silver Kitco chartSilver continued its meteoric rise upward today, breaking the $43 level.  Fed policymakers are in disagreement on how best to tackle accelerating inflation as news came of a 0.5% increase in the Consumer Price Index, which extrapolates out to a 6% annual inflation increase.  The CPI is the Fed’s cooked up inflation number which disregards price increases in food and energy where average Americans are getting hit the hardest (bought any gasoline lately?).  The rising prices of silver and gold only underscore the massive inflation that Bernanke’s policies are causing.

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