More than 10X (TEN Times) Current Share Price, page-1233

inclined to agree....

inflation signal coming through - tlt down sharply, zinc, lead, nickel up, gold/silver down with treasury selloff

historically gold/ and silver especially do better with rising inflation as long as US isnt in a position to raise real interest rates on trend basis - USD suggests its not - but gold/silver need to decouple from the risk off bond proxy phase as the US yield curve re-steepens

though if it was triggered by vaccine talk then it will mean revert.

im sceptical. the technicals looks ripe for commodity price cycle changover.

commodity index chart - right on cusp of returning to a bull market trend for first time since 2008 - if it can break and hold that trendline its going to be the start of multiyear commodity project tailwind




and dr copper is quietly knitting a flag