This time is definitely different… Inflation is the difference!! , central banks have run out of effective ammunition to keep the economy’s growing… they now either deal with inflation or debase their currencies to nothing, ultimately they will debase their currencies and inflate their debt away, it’s the only way mathematically they can really move fwd (The US better have their 8000tonns of gold to reset their worthless inflated currency when the time comes with CBDCs on the horizon) however I believe there is only one more tightening cycle (that will be short lived) before they ease to infinity… smart money now know that PMs are ultimately going much higher and faster north from this moment fwd… with some dip Opportunities in between.
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