Seemingly little discussed: If inflation is supposedly so big ahead and gold is supposedly such a great inflation hedge then why is gold down over the last 15 months? What is it telling us, if anything?
(Chart from t.co/E3Yp0lP9lB). pic.twitter.com/O7eLw8g8uo
— Ken Fisher (@KennethLFisher) October 25, 2021
Looks like everyone is short the bond market, yet everyone says rates can only go up. When everyone is on one side of the market, prices tend to go the other direction.t.co/u58Pq6wCEd
— Steven Van Metre 👑 (@MetreSteven) October 25, 2021
🔮 HSBC's Summary of tactical FX views pic.twitter.com/oUlppl2zXU
— PiQ (@PriapusIQ) October 25, 2021
— Invariant Perspective (@InvariantPersp1) October 25, 2021