Any News Is Bad News for Stocks – Ep 838
The Peter Schiff Show Podcast
00:00
Gold Can Break Out Even Before the Dollar Breaks Down
If gold can rise in dollar terms during an environment where the dollar itself is rising, then i think it's going to send a huge signal to the currency markets that they need to get out of fiat and into real money. Yields rose on the week, but again, not nearly as much as they should, and not nearly asmuch as they will once investors figure this out. Bond investors are calling the feds bluff, but what they still don't understand is when the fed actually reveals its cards, inflation is actually going to move much higher, not lower. That is very bearish for bonds, not bullish.
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