Sometime back, Sir Fully mentioned that gold is getting amazingly comfortable with the 2k handle.
So, something tells me it is different this time around.

And, if it were not for these private research companies, who share for free the facts about the economy that contradict the lies coming out of the politicians’ mouths, who would ever doubt the statistics coming out of the government’s mouth?

It is amazing how succinctly such awesome Twitter posters try to teach the “educated double MBA graduates” who ask you to make “investing decisions based on headline news/numbers”:

“This point gets lost on a lot of Recession Bros who keep waiting for claims to explode to 350k+ and unemployment to rip in some disinflationary morass:
When your deficit accelerates *in an expansion* as it is now, your private sector needs to shrink at that much faster a pace for production/sales/incomes to decline.

Absent that, inflation needs to accelerate faster than fiscal growth to crowd out Private on a real basis.

You cannot have it nothing ways. Either you believe inflation explodes to tip the economy into recession (inflationary recessions create monetary illusions), or there is no recession and we play “just the tip” for another few quarters. No other option.

Make up your minds!”

https://rb.gy/yuqpp4

GL