Above all, it is the inflationary pressure that speaks for gold and probably cannot be lowered so easily The Fed will have a hard time standing up to inflation. There is already talk that the Fed has lost control of inflation. In the U.S., the consumer price index rose 8.6 percent in May, marking a 40-year high. The culprits are upward spikes in energy and food prices. This could be a turning point for gold prices. In a poll of Wall Street analysts, there was a tie between bullish and neutral re