Have You Seen These Absolutely Shocking Charts Of Inflation

With global leaders today expressing tremendous fear and concern about one of the worst droughts in history, the world is holding its breath and expecting a massive spike in inflation.  The problem is the inflation spike is not isolated to food.  Here are a plethora of charts and text that will shock KWN readers around the world.

Tom Fitzpatrick latest report:

Brent Crude in Euros (See Chart below) – The charts below raise a lot of concerns that as Europe continues to struggle with its financial and economic problems that another area of stress may be developing.

– They also suggest the danger of significantly elevated energy and food costs in the months ahead to add to their woes.

– If ,as we still expect , EURUSD continues to head lower that will exacerbate the issue even further. Is up 27% since 21 June.

• Just 3% below the 2008 peak and 6.5% below the ALL TIME HIGH set in March this year.

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