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MacroVoices #330 Julian Brigden: Hyper-Financialization Is The New Inflation

Macro Voices

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Precious Metals Are Not a Good Hedge on Inflation

Gold has held up remarkably well in this move from bonge som like one and a half to three and a half at the hights, right? To be honest, it probably should be down at 14 hundred bucks or lower. I think that's because thes other, you know, non economically sensitive s coming through. But when precious metals do remarkably well is when the dollar tends to weakenand the dollar won't weaken until the fed is forced in a corner and has to capitulate. We're not there yet. It's really a precious metals are not so much as a inflation play, not when the central banks are trying to be tough to address it. When they do, that

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