The Data Looks Grim for the Dollar

Peter’s back in Puerto Rico this week for his podcast after another week of record gold prices. In this episode, he discusses media coverage of inflation, this week’s CPI report, and Bitcoin’s weakening price relative to gold.

Peter starts by recapping this week’s price action and movements in the dollar’s strength. The dollar is currently performing better than other foreign currencies, but that doesn’t mean it’s doing well:

“The dollar index was up today, but that doesn’t mean the dollar was u...