gold, page-110478

Some new developments below, not sure what it all means.

Ditto Gareth. I was a toddler when Volker used the IR hammer. IR of CPI + at today's debt levels? That will make GFC a picnic in summer! It will also bury the MMT bangers, just ask BoJ currently, they lost control of bond yields >25 basis points.

With so many confluence, I'm amazed Gold is still stuck to the rocking chair!