Why gold is about to soar imminently, in eight easy steps:
1) The American economy is so leveraged and feeble that, when yields go to only 2 or 3%, stocks crash.
2) We saw this in November, 2018. Yields rose to 3%, and stocks crashed from 26,500 to 22,500. The Fed found that it simply could not let rates go up, and began doing Q. E. again.
3) This period is also when gold began its rise from $1200 to $1500--well before the coronavirus hoax (the exculpatory cover for the coming economic collapse) had started.
4) This rise in the price of gold was because the price of gold goes up when real yields go down. An environment with low real yields is the reason why gold went up 20 times during the 70s and 80s. At this time, inflation was so bad that bonds became known as "certificates of confiscation."
5) Because of the present stampede into the stock-market, the ten-year yield is presently soaring. On Friday, it went from 0.70 to 0.90 in a single day.
6) PMs dropped temporarily because of this stampede into the stock market. But if yields go up any further, stocks will crash.
7) To prevent a stock-market crash, the Fed will soon announce a formal cap on yields. This will signify that hyperinflation is coming. They would need to print tens of trillions to impose a formal cap.
8) This cap will cause a bond-market crash, and gold, silver, gold miners and silver miners, to soar to unprecedented levels. This is because the bond-market is even bigger than the stock-market, and precious metals will become the only safe haven to escape inflation.
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