Bitcoin bulls stampede following soft CPI, BTC gains 7.75% to hit $66,420

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If the boomers’ spending cushion and the Fed’s medium-high rates combine to accomplish nothing other than preventing mass unemployment, this would still be among the least damaging downturns in modern history and one of the greatest macroeconomic stories ever told. - Gold and silver prices are sharply higher in midday U.S. trading Wednesday following a U.S. inflation report that came in just a bit cooler than expected.

-The gold market is seeing some renewed momentum as investors breath a sigh of relief with consumer prices rising roughly in line with expectations.A recent survey shows registered investment advisors are increasingly looking to recommend Bitcoin allocations to their clients as large firms continue to disclose their Bitcoin ETF holdings.

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