Here I am referring to converging and competing trend lines. Real rates are very negative.
In 2012, real rates went positive and continued for the bear leg. Are you going to repeat every bullish article from that period? Tedious at best.
I still expect fun and games into the year end as the paper gold market unwinds. Or are we going to see a loss of control like the RBA? https://www.dollarcollapse.com/spiking-australian-interest-rates/ I suspect the RBA would have had to increase bond purchases to keep a lid on rates which would not go unnoticed. One thing is certain. If rates were to climb to 4-5% to match inflation, with current debt levels there will be economic chaos.
