Supply chain bottlenecks have been eliminated from the catalysts for the 40-yr high inflation environment of 2022. The Fed has been hiking rates in the most agressive way, but the real cause of inflation isn't solved because container freight prices are collapsing. Therefore, Wall Street does feel the need to hedge for sustained inflation for the first time since 2009! See my target price of the falling wedge. Gold is heading for a record 2023 year!