oldgoldbug

Coming Inflation To Boost Stocks, Gold

Well written. Good to see you put some real numbers to the projections. I might humbly disagree on the Dow/S&P:Gold relationship as I would guess a tripling in the stock averages would likely indicate a 10X -20X increase in gold. Of course, no one knows and it hardly matters as the direction of movement and the relationships are the key.
Considering the mass decline of commodities and commodity stocks, and the sardine like packing of investors in Treasury obligations, a massive inflation would surely be unexpected save by wild eyed bloggers.

Fed Rate Cuts Backfire, Lift Gold and Oil into Orbit

Why is the long bond market so sanguine about all of this? Are they wrong? Are they thinking major recession? If so, can the commodities keep going?