I've explained it to you before. Inflation/deflation has absolutely zero bearing on the gold price, but you'll never believe me, unless you go back and check history for yourself. Stagflation on the other hand, which is what we are now experiencing, is super bullish for gold and silver. If you think that we are about to experience deflation I suggest that you also check US long end yields which are saying the exact opposite to what the majority expect. And professional bond traders are always correct. And Powell knows it which is why he has stood firm on further rate reductions.
We are facing at least another half a decade of higher interest rates/gold/commodities and lower real estate/broader share market. Next year will see a significant high in both and a long term bear market commence.
Gold and silver prices are going higher into 2030's, much much higher. Go against the obvious if you choose but it will never change what this currently is, which is a major multi-year decade and half long bull market in gold and commodities.
RMS Price at posting:
$2.70 Sentiment: Hold Disclosure: Held
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