Conservative $2-$3 SP EV Val, page-82

The problem Central banks have is increasing interest rates traditionally has been their main weapon against excessive inflation. Keeping interest low will feed into higher inflation but also lead to higher prices certainly for assets and likely some consumption staple prices. Although expected higher unemployment levels may keep wage rises down which will help moderate consumer staples price rises.
All very positive for GOLD stocks.
One positive going forward is the massive amount of money being invested in EVs and Stationary Storage will feed some economic activity and growth, provide cheaper power and vehicle running costs. If volumes and efficiencies get battery battery costs down then vehicle prices will likely fall.
Governments will encourage EV development.
Positives for GOLD and Lithium.
My opinion only.