Gold and Bitcoin will rally once real interest rates reverse their recent spike and begin to decline. The bond market is currently overreacting to transient inflation, and the underlying macro points toward disinflation. As real rates fall, both gold and bitcoin will benefit.
Gold and Bitcoin will rally once real interest rates reverse their recent spike and begin to decline. The bond market is currently overreacting to transient inflation, and the underlying macro points toward disinflation. As real rates fall, both gold and bitcoin will benefit.