gold, page-96664

"No intelligent person would compare gold with the USD"
You are so wrong as usual.
The price of gold is 100% correlated to the Fiat US$ what it should not be compared to is the DXY(basket of Fiat currencies).
Inflation is the ELEPHANT in the room.
As inflation increases the value of the Treasuries and Bonds should fall if we had price discovery in the markets.
The fed is jawboning that inflation is transitory because it can not raise interest rates to support the bond market etc.
because of the annual inevitable increasing of the already unsurmountable debt and higher rates will make the
servicing of the debt even more impossible and collapse the Dow.