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Reuters/Ron Bousso and Nerjus Adomaitis/2-9-2022
Cartoon courtesy of MichaelPRamirez.com
“Consumers should brace for years of high energy prices, heads of top oil and gas companies said, in what would pile pressure on governments struggling with spiraling inflation.”
USAGOLD note: Oil and/or gas are components in the pricing of just about everything, so central banks around the globe are not likely to be very happy about what this warning implies for the inflation rate down the road.
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