Jordan Roy-Byrne – Inflation, Deflation, Or Both, And How That Affects The Interest Rate Yield Curve And Markets
Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to outline a slightly different outlook on how the inflationary or deflationary steeping of the bond yield curve, or seeing both back to back, could affect US general equities, commodities, and the precious metals markets.
There is a scenario where there could be a stickier inflationary period that sends markets and commodities and gold and silver up together, before the deflationary period of economic contraction and market corrective action begins. It is also significant to note that gold closed last month and quarter above key $1900 support, which is quite constructive considering the stronger general US equity markets paired with rising interest rates recently. This seems to point to a market sniffing out that inflation will be sticking around even after the Fed finishes their rate hiking cycle, and this may be the fuel to send the yellow metal up to new all-time highs.