Dec 22, 2021
Summary:
There’s two sides to the debate about whether inflation is here to
stay, and I talk to Jordan Roy-Byrne to hear his opinion on this
topic. He points out that the market action we’ve been seeing
alludes to the fact that inflation has peaked; long term rates have
been coming down, bonds have rallied, and the metals are trading
below their previous highs. We have to look at each year relative
to the previous, so next year we may experience disinflation—where
we still see inflation, but at a decreasing rate. Tune in for
more.
Highlights:
-Is inflation here to stay? There’s two sides to this argument
-Natgas has come down, uranium has come up…what else is ahead?
-Long term rates have been coming down in recent months and bonds
have rallied
-If you look at gold and silver, they’re trading well below their
previous highs, and the same is true with the mining stocks
-Oil has probably peaked for the time being
-The market action screams that inflation has peaked
-Next year we may see disinflation
-Commodities have peaked as well
-Gold and silver have been correcting for 17 months now and remain
pretty weak
-Every time the Fed has tapered in the last 7-8 years, real
interest rates start to rise
-The picture in the coming months is not bullish for precious
metals
-Inflation is here to stay, but it’s going to come down to a lower
level next year
-They have to keep the whole system going—it would be catastrophic
to let everything fail
-Each year is a comparison off of the previous one
-Oil and energy prices are big drivers
-We have to consider how long the Fed rate-hike cycle will last and
what it will look like
-There is risk of a correction this coming year, but the market is
not at risk of a crash just yet
-Precious metals take off when interest rates are higher
Useful Links:
Financial Survival Network
The Daily Gold
The Precious Metals Bull Market Has
Not Yet Begun with Jordan Roy-Byrne
Real Gold Bull Market at Least
12-Months Away Says Jordan Roy-Byrne