Swiss bond yields are almost back at zero. The key two-year instrument yields just a couple of basis points and is very likely going to be negative again relatively soon. As we know, Swiss interest rates have very little to do with Switzerland. As a global money center, this is where money goes when it doesn’t want to be anywhere else – even to the point international financials are willing to accept zero return to be there.
Gold is sounding the alarm as the Federal Reserve faces a massive policy error that could push the economy over a cliff. While Goldman Sachs and mainstream analysts are calling for a drop, the charts tell a different story. In today’s show, we dive into the data-backed bullish case for gold, the looming 2-10 yield curve inversion, and the specific “Black Swan” event that could flip the entire market.