Well, we’ve had stock market and real estate market inflation for decades. Same as unspent money supply. Maybe transitory means expensive Stocks Bonds and real estate will crash soon. LOL. All receivers of easy money. But nobody sells, or withdraws the profits, forever?
We have hoarders of houses and stocks, and bit coins too. Thank God there are so many dump sites to take in, absorb excess easy paper money. If all that money went into Gold, hard money, the end game would have happened long ago. I think we’ve all seen crazy chart patterns. Remember the Lumber chart? Some day we will see crazy Gold and Silver charts.
PS I need to know soon if Gold is going up tomorrow.