- The bond market appears to have discounted all the talk about stimulus and the threat of inflation exploding.
- The markets are saying that the consequences of printing the amounts of money that the government is printing is unsustainable.
- Congress is looking at approving another $1 trillion bill for infrastructure and more is on the way.
- The ten year has gone from 1.77% to about 1.16%. If it closes below the 1% yield, it will provide the fuel for a rally in gold and silver, and commodities in general, which could be explosive.
For further details see:
Gold: The 2021 Annual Target Of $2164 Has Been Activated