📺 Gold Is Calling B.S. On 2% Inflation Target
📺 Gold Is Calling B.S. On 2% Inflation Target
From Macro Advisor EDGE recorded on 04/11/2024
In this episode from Macro Advisor EDGE recorded on 04/11/2024, Craig Shapiro and I discuss the implications of rising gold prices and our concerns about broader economic policies.
We explore how gold's performance can be a barometer for fiscal and monetary policy issues, particularly critiquing the U.S. Treasury's actions and predicting shifts in global reserve assets.
Craig elaborates on his long-standing bullish stance on gold, linking it to fiscal deficits and the inability of political leadership to address them effectively.
📺 In this episode:
00:00 Introduction
00:49 Bullish Stance On Gold
02:05 Fiscal Deficits and Monetary Policy
03:18 Dollar Spike and Yield Movements
03:23 Federal Reserve's Response To Inflation
04:20 Election Year Dynamics
06:02 Contradictions In Market Signals
07:08 Fiscal Dominance and Market Trends
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