Analyzing Indicators of Inflation and Recession

This chapter explores the confusion in global financial markets caused by conflicting signals from oil, gold, and government bonds regarding inflation and recession. It examines the role of central banks in stabilizing the economy and their potential contribution to instability, discussing the relationship between oil and gold prices as recession and inflation indicators, the value of gold as a recession hedge, and the impact of printing more money on its worth. The chapter also touches on the recent performance of gold, Bitcoin, and oil prices, and the role of government bonds as cash-holding assets for banks and pensions.