Don't forget that the equity bubble and crypto bubble are going...

Don't forget that the equity bubble and crypto bubble are going to burst in a spectacular way as well. The bond bubble is deflating as we speak and if this continues it will burst the equity markets which will drag everything lower. As I discussed on the SAR threads many months ago it's the 1970s all over again. Equity markets and gold will go much lower and then inflation will runaway and interest rates will rise sending gold and commodities soaring. Most investors don't have the stomach for the decade long trade which I've described and has now started. Things will get much much worse for equities and gold before they get better. We need to wash through another few bouts of central bank printing before the "true" dynamics play out. This will lead to a few more false dawns across the markets but the inevitable result will be a soaring gold price sometime later this decade after the price falls back to around its March 2020 lows of about USD$1,300-1,400/oz. NST's cost structure which has ballooned since about 2014 is not well suited to this scenario especially under a rising AUD and rising energy costs. I've been warning you all of the NST bubble since July 2018. Esh