Kitco News, Released on 5/11/21
Wil Rhind, CEO of GraniteShares, discusses with David Lin, anchor for Kitco News, the concept of ‘shrinkflation’ towards the end of this interview, and why we commonly see this phenomenon before price inflation gets recorded.
0:00 – Commodity prices hitting new highs
3:50 – Inflation fears
7:00 – Unemployment
9:46 – Hedging against inflation
14:14 – Backwardation in the futures markets
16:10 – Shrinkflation