Quote of the Day

Bloomberg’s “macro man” Cameron Crise echoed today our message in Sunday’s video commentary. I.e., he and I — with regard to the present setup for stocks and commodities — are on the same page:

“Indeed, we’re seeing something of a perfect storm of monetary metal bullion. Not only is there the dollar debasement theme, but real interest rates continue to grind lower. While I may be skeptic about the role of real rates in permanently elevating equity valuations, there’s no doubt that they’re an important driver of precious metal price action.”


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