Absolutely critical point. Once the USG flips from suppressor to supporter, price dynamics could switch rapidly...but before you let it rip ..would you not keep prices suppressed until you amassed the gold you needed. Is it only China that's buying?
Gold at 4750 is pricing something specific: real 10 year yields near zero once you net out actual fiscal deficits. The counterargument is timing. Gold missed the 2013 to 2015 real rate spike entirely and round tripped for two years.
Absolutely critical point. Once the USG flips from suppressor to supporter, price dynamics could switch rapidly...but before you let it rip ..would you not keep prices suppressed until you amassed the gold you needed. Is it only China that's buying?
Keep stacking with each paycheck you get. Round 2 is just getting started.
Gold at 4750 is pricing something specific: real 10 year yields near zero once you net out actual fiscal deficits. The counterargument is timing. Gold missed the 2013 to 2015 real rate spike entirely and round tripped for two years.