The real numbers are far more concerning, historically (FED are...

The real numbers are far more concerning, historically (FED are full of $%@#).
Looking forward, we should all be crapping ourselves at the true state of world currencies.
The price of oil set to go much higher - mark my words - which will snowball through the supply chain.
Then look at the record # of cargo ships stranded at sea waiting to dock - and realize the reason being given being shortage of trucks is absolute BS (this is part trade war part deliberate destruction of our economies) and what the implication of this will have on inflation going forward...
This disaster hasn't even begun yet IMO... we haven't seen nothin yet.

The POG manipulation continues... where's the inflection point?
Meanwhile perhaps the smarter play is to side with Burry and short bonds.
Noted with interest last week the RBA refused to buy our own junk bonds...
https://www.sgtreport.com/2021/10/the-taper-tantrum-has-begun-australias-2y-bond-just-blew-up-after-the-central-bank-unexpectedly-refused-to-buy-it/

Providing that WWI can actually secure funding (and it's not done in the 3c range - that would be a disaster)
Early production timing may coincide well with gold's inflection point... making this a great buying opportunity at present.
The questions is: Can WWI pull this off? MR was supposed to be risk-off, but clearly the market has it's doubts.
Low 3's is a R:R worth a punt.