We’re all familiar with the 7% budget deficit and 120% debt in the US. Fears of this get expressed every now and then through precious metals prices.
Perhaps we’re starting that again ahead of this weeks inflation prints (low CPI -> dovish fed -> gold up USD down). Gold has already bounced a bit in the last week from recent lows.
Also we all know Trump wants rates lower for longer to keep pumping this market. Feels like we are in for another precious metals upswing.
platinum silver gold etfs the play here.