Transitory 2.0 Is Coming for Gold

From goldpriceforecast.com

While the crowd believed the Fed when it proclaimed inflation was contained, another mistake is unfolding as we speak. Throughout 2021, investors were soothed by the Fed’s nonchalant inflation attitude and assumed the central bank had the situation under control. And while we warned that the pricing pressures would eventually rattle risk assets, 2022 brought harsh realities and killed the “transitory” narrative. Yet, with a similar misjudgment keeping optimism uplifted, Transitory 2.0 should rattle gold before this cycle ends. To explain, while the crowd screamed recession throughout 2021 and 2022 and priced in ... (full story)