First published by Money Metals here: https://www.moneymetals.com/news/2017/05/04/higher-inflation-consumer-prices-001061

The Federal Reserve has given itself the objective of engineering an inflation rate of around 2%. However, there are many ways in which real-world inflation can potentially outpace the Fed’s 2% target. Investors are under-estimating inflation risk. As a consequence, they are under-pricing inflation protecting assets including precious metals.