On Wednesday, Fed Chair Jerome Powell stated he is considering "yield curve control." Previously, in the 1940s, when the Federal Reserve controlled the yield curve, it created deeply negative real interest rates. If repeated today, this would cause the gold price to sky-rocket.
Due to the current economic crisis, the U.S. federal deficit is reaching "unprecedented" levels. Preliminary data suggests the federal deficit will be $4 trillion this year, which is more than 15% of GDP. Although, as the crisis unravels, it's likely these numbers will be even worse by year-end. Throughout history, only in