Loading ...Sinclair (I know) told me that gold would rise with rates “if” they were to spike rapidly – also the dollar would fall in that environment.
I believe he is correct but rates aren’t rising fast enough yet. In the 80’s and more recently in Russia, rate hikes were used to prop up the currency. We’re obviously not there yet – but I think we will be eventually.
Trump should not be touting the SM anymore because he may own it a year from now and that might not be good.