Sep 15, 2021
Summary:
Every commodity seems to be up substantially with the exception of
Gold, Silver, and Platinum. Today, we have Jordan Roy-Byrne on the
podcast to talk about this interesting phenomenon. Gold and Silver
peaked before everything else, and their performance is ultimately
linked to inflation—which is higher than ever at the moment. Tune
in to get interesting insight and predictions on this topic, and to
hear us break down what’s happening with inflation and the
metals.
Highlights:
-Every commodity is up substantially (i.e. natural gas,
uranium)
-Everything but Gold, Silver, and Platinum is going up
-Gold tends to lead everything in the commodity world, and Silver
tends to follow
-When commodity prices spike or have big moves, they tend to
correct
-Gold and Silver peaked before everything else—before Uranium
stocks even started to move
-The market is not anticipating that inflation is going to
accelerate
-Real rates have nowhere to go but up
-The market is saying that the rate of inflation has peaked, and
that it’s going to come down a bit
-We’re having as much as 14% inflation right now by some
accounts—the biggest inflationary rate since WWII
-Inflation can be very volatile and move a lot in both
directions
-If Gold and Silver start out-performing, that will indicate that
inflation is here to stay and we could transition into a state of
stagflation
-Would the fed risk a crash to assert itself over the markets? The
fed will ultimately follow the market
-15-20% decline/correction is more probable than a crash
-Crashes do not happen very often
Useful Links:
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