The Gold market might be sniffing a change at the Fed. If Lael Brainard replaces Jerome Powell, what does that mean for the Gold and bond markets? MMT helicopter money?
In this environment of excessive debt accumulation and runaway inflation there is only one way to protect one’s wealth and that is by owning gold and silver or quality junior precious metals stocks.
So what happened last Thursday? Why did bond yields suddenly plunge while COMEX gold prices soared? The picture is coming into focus, and 2022 will be nothing like 2021.
To describe the fundamentals of the gold and silver markets, or even predict its price moves, a coherent theory must look at the gold and silver basis.
