Authored by Peter Reagan via BirchGold.com,
Today we're going to talk about the good, the bad and the ugly.
No, I'm not referring to the classic Clint Eastwood spaghetti western (although, if you haven't watched it recently, you should! It really holds up.)
I'm talking about inflation. And if you're wondering how inflation can possibly have a "good" side, you'll understand in a moment.
I'm afraid we're going to start with the bad news, though. And it's bad enough that I think everyone - especially anyone planning for retirement - ought to pay attention...
The bad: Wholesale inflation is surging
On October 15, Reuters reported that producer prices had increased by the largest amount in four and a half years.
Economists surveyed by Reuters expected the Producer Price Index (PPI) to increase 0.5% in September.
Instead, it jumped 1.3% in a single month - more than two and a half times the expected increase.
According to the Bureau of Labor Statistics, that was the biggest monthly increase since March 2022. Over the last twelve months, producer prices rose 6.3%, the fastest annual increase since December 2022.
Now, tha
