usa october inflation numbers come in at 30 year high , gold and silver jump

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yesterday , usa consumer inflation numbers were out and as expected , it was a very high number – 6.2 % jump year over year

it is the highest jump in prices in the last 30 years ( since 1990 )

gold and silver jumped up on the news and broke out of a fixed range

silver broke the 25 dollars per ounce mark and gold crossed the 1850 dollar per ounce value

where to from here – new highs for gold and silver ?