“If you believe gold tracks inflation or is some kind of inflation hedge, you need to think again.
Only in hyperinflation or its mild form, stagflation, is gold an inflation hedge. But even then, both are synonymous with central bank stress.
Let me make it simple: It’s the debt, stupid!
The global economy is choking on debt as central banks are determined to have more of it.
Inflation? Forget about it. The bubbles are proof we ‘had’ inflation.
The Bond markets says something else is coming up.”