Global central banks have created trillions in fiat currency as they attempt to manage the economic impact of The Covid Crisis. Despite this, COMEX gold prices have been unable to gain traction above $1750 and move toward new highs. Why? The answer can be found in the current inflation rate and level of inflation-adjusted or "real" interest rates. Large institutions, managed money accounts, and HFT trading machines are driven into and out of COMEX gold futures by a number of factors. Through the years, one of the most important of these factors is the level of "real" interest rates. And what are "real" interest ... (full story)