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Lumber rates increased on the back of solid house demand during the past year, and also this can create additional impacts on rising cost of living in general, stated Jim Wyckoff, elderly expert at Kitco Information.
0:00 – Gold/silver technicals
1:00 – Janet Yellen's talk about interest rates
4:00 – Inflation expectations
5:42 – Lumber
9:41 – Gold/silver rate expectation
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Will inflation become 'problematic'? What soaring lumber means for prices, gold – Jim Wyckoff
Lumber prices rose on the back of strong household demand during the past year, and this can create secondary effects on inflation overall, said Jim Wyckoff, senior analyst at Kitco News.
0:00 - Gold/silver technicals
1:00 - Janet Yellen's comments on interest rates
4:00 - Inflation expectations
5:42 - Lumber
9:41 - Gold/silver price outlook
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
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Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.