The author expects gold to fall slightly because a low CPI print will convince enough investors, as it did last time.
Unpriced research observations (excluded from Calls and Returns):
GC=F — SHORT The author expects gold to fall slightly because a low CPI print will convince enough investors that inflation is subdued. This dynamic occurred last time, suggesting a repeat short-term downside. Exact non-equity contract requires separate historical validation; no generic proxy.
I think gold will dump slightly because cpi will be super low and enough people will believe it.