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🦈 📺 TV “Shark” Investor Warns They Are LYING About Inflation | [10‧05.2022]

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theinvestinginsider.com

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Tue, May 10, 2022 11:34 AM

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Did you hear what TV “Shark” investor Kevin O’Leary said? The man many know as “

Did you hear what TV “Shark” investor Kevin O’Leary said? The man many know as “Mr. Wonderful”… Just shared some less-than-wonderful news for.... [LOGO]( A special message from the Editor of The Investing Insider: We are often approached by other businesses with special offers for our readers. While many don’t make the cut, the message below is one we believe deserves your consideration.   The annual inflation rate in the US surged to 6.2% in October of 2021, the highest since November of 1990 and above forecasts of 5.8%. Upward pressure was broad-based, with energy costs recording the biggest gain (30% vs 24.8% in September), namely gasoline (49.6%). Inflation also increased for shelter (3.5% vs 3.2%); food (5.3% vs 4.6%, the highest since January of 2009), namely food at home (5.4% vs 4.5%); new vehicles (9.8% vs 8.7%); used cars and trucks (26.4% percent vs 24.4%); transportation services (4.5% vs 4.4%); apparel (4.3% vs 3.4%); and medical care services (1.7% vs 0.9%). The monthly rate increased to 0.9% from 0.4% in September, also higher than forecasts of 0.6%, boosted by higher cost of energy, shelter, food, used cars and trucks, and new vehicles. source: U.S. Bureau of Labor Statistics And for that reason, I'm out! (...of the dying U.S. dollar) Dear Reader, Did you hear what TV “Shark” investor Kevin O’Leary said? The man many know as “Mr. Wonderful”… Just shared some less-than-wonderful news for investors. Something he calls a “national emergency” for anyone with $1,000 dollars or more in savings. And it all boils down to this unsettling chart: [sold out]( [Click here to discover why this chart is keeping Mr. Wonderful awake at night — plus the 1 easy financial move to protect your savings today.]( In a recent interview seen by less than 81,000 folks, he said: “Cash is not a good place to be.” — Kevin O’Leary, TV “Shark” Investor Here at Casey Research, we’re on the lookout for stories the mainstream media won’t report… And O’Leary’s assessment is one of the rare few we’ve seen offering an unfiltered look at America’s inflation problem… But our top analyst Dave Forest went a step further… And recently [visited this popular “super-store”]( to unveil the TRUTH about this crisis. Dave says: “Millions of Americans are about to wake up with 6 or 7 more zeros in their bank accounts… And still not be able to afford breakfast.” This may all seem ridiculous now. But that’s what they said when Dave’s firm predicted the fall of the Soviet Union… The Dot-com bust… AND the housing crash of 2008. [Click here to catch Dave’s controversial new video while it’s still available.]( Regards, Rachel Bodden Managing Editor, Casey Research [logo]( You received this email as a result of your consent to receive 3rd party offers at our another website. To be sure our emails continue reaching your email box, please add our email address to your [whitelist](. 6130 West Flamingo Road PMB 4053 Las Vegas, NV 89103 Email sent by Finance and Investing Traffic, LLC, owner and operator of The Investing Insider [Privacy Policy]( | [Terms & Conditions]( | [Unsubscribe]( Copyright © 2022 The Investing Insider. All Rights Reserved.

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