Governments around the world are diving into debt to keep their economies going.
That makes things seem fine at first, but it leads to massive inflation. Buckle up, because more is coming. t.co/4B8E6z9BCW
— Wall Street Silver (@WallStreetSilv) April 5, 2024
The @NDR_Research Daily Commodity Sentiment Model is at its highest (most optimistic) since March 2016. pic.twitter.com/kZQKUZr3sk
— Daily Chartbook (@dailychartbook) April 5, 2024
Gold is currently rallying at Record Levels!! pic.twitter.com/nlZPixzBu1
— Longview Economics (@Lvieweconomics) April 5, 2024
Lisa, more than front-running central banks, traders are betting that Real Interest Rates will compress, with inflation increasing and while the Fed cuts interest rates.
The Gold and Bond Vigilantes are telling us the same thing, which is a big vote of no confidence for both the… pic.twitter.com/haAGGWSTcm
— The Quant Guy (@Andrea_Texas_82) April 4, 2024
Rosenberg Forecasts Gold to Hit Unprecedented $3,000
David Rosenberg, the founder and president of Rosenberg Research, forecasts a significant rise in gold prices, potentially reaching $3,000 or more. Despite gold facing a potential loss in its current session, Rosenberg’s optimism is not solely based on the Federal Reserve’s actions. He points to a combination of factors fueling this upward trend: an upcoming easing cycle, global economic growth weakening, and inflation nearing the end of its decline. Rosenberg believes these elements will serve as strong tailwinds, propelling gold to new heights in the near future.