For many years, we had to hear those miserable gold bugs telling us how inflation was coming and Gold would be our savior.
Well, inflation came in harder than at any point in over 40 years and Gold prices fell.
So the same people who owned the only asset not making any money for an entire decade, got it wrong again.
I can’t believe it.
So here we are, Gold prices are pressing up against all-time highs again, now that inflation expectations have been falling off a cliff. [Read more…]