...you can see in Northstar Chart that US 10yr yields rising above 5pc in the 70s and you can see in the Gold historical chart what Gold did then (in the 70s)...over the 70s, Gold rose almost 10x.
...not saying Gold will rise 10 fold, but you can see a parallel if US 10 yr yields rising further. And Gold has probably already sniffed Stagflation.
https://x.com/NorthstarCharts/status/1784514604594290763
Gold Prices - 100 Year Historical Chart | MacroTrends
...you can see in Northstar Chart that US 10yr yields rising...
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