Hello everybody and thank you for tuning into the Liberty Report.

Today is Daniel McAdams, our co-host, Daniel Good to see you today.

How are you? Are these morning Dr. Po?

Good, well, good. Lots of business.

Yeah, some of us start off by counting the money and see how our government is doing.

But there was a report that I want to talk about for a few minutes because it really got a lot of attention in the financial markets and elsewhere

because some are even saying, as the inflation hour is the inflation hour we got a figure and it was way lower.

Of course, there were several numbers they could have decided they could have talked about a number of price inflation the past year, which was much worse than the price inflation for the last month.

And so because of the last month it was way down and better than expected.

Everybody loved it. Even gold people loved it, which is a little bit bizarre because when they report a CPI number that goes up they anticipate the Fed is not going to do the right thing on the financial market.

It has room to not print quite as fast, which isn't true.

But ordinarily you would think if the CPI is going up the gold we got, but it does the opposite.

So the CPI day went lower than expected. We said, oh, the government now can print more money and of course the stock market allows that.

There is more money prop up the stock market and also the commodities in gold.

Gold is in the position where it wants to take off anyway because we talked about the central banks around the world buying more gold.

So this was an opportunity for gold to show its strength and it was up like $35 an ounce.

It's still at the moment, it's still $30 which is a big jump.

But I sort of get a kick out of some of this stuff because it is sort of disorderly but this market is trying to figure it out.

And sometimes the market is figuring out how to do the opposite of what's really going on.

So I've often told a story about the Fed chairman saying, yes, Ron, I agree with you.

But as long as we do it orderly it will be okay.

As long as we stick it to the American people, as long as we can say, well your price is going to go up three per week.

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