Lynette says the dollar price in gold is on its way to gold’s fundamental value. Here’s why…
Both China and the US are counting on consumption to create the inflation central bankers so desperately crave. But inflation adjusted real wages are actually down 9.8% since 2006, the last time the 10 YR and 2 YR yield curve inverted, which occurred briefly this morning. Of course, you remember it didn’t become visible to the public until 2008, but the warning was there.
Did you pay attention or were you caught off-guard?
It looks like we’ve now entered the awareness phase in gold, where traders begin to participate, and fiat prices are most likely to push to new levels on it’s way to fundamental value.
Don’t you think it would be a good idea to be in position before that happens?