What metals do you mean? Because there is a world of difference between industrial/cyclical and precious.
jon jonsen November 10, 2022
but everything precious is rallying on lower inflation… gold as well
Gary November 10, 2022
Exactly! Gold and especially the miners have proven beyond doubt that they are not about inflation in their best suit. They corrected for 2.5 years amid inflation and that was just and right. It was also contrary to the majority gold bug view. Gold is very valid for a disinflationary relief phase.
what about the metals?
What metals do you mean? Because there is a world of difference between industrial/cyclical and precious.
but everything precious is rallying on lower inflation… gold as well
Exactly! Gold and especially the miners have proven beyond doubt that they are not about inflation in their best suit. They corrected for 2.5 years amid inflation and that was just and right. It was also contrary to the majority gold bug view. Gold is very valid for a disinflationary relief phase.
gold $100+ in a few days…
And completely normal.