Will it though when they need to print more money for war. Seemed like a coincidence that the bond market started to turn abound the same time as the attack on Israel. But I also remember the mayhem going on in the Mid East during Obama and then ISIS and gold reached new highs. I wasn’t sure if there was any correlation then other than Armstrong’s mention that gold goes up where they’re loss of confidence in the government. But then we’ve had loss of confidence for a long time especially after 911 when we were kept in the dark until the internet and independent journalist et all started up.
But last two yrs the confidence in Gov has tanked but after the spike after the Covid gold went with the confidence then the interest rates
Ipso
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