According to Jordan Roy-Byrne, bond yields are the key. Gold has been going up with long term bond yields. As they’ve gone up, so has gold. Just like gold, long term bond yields are set to break out. All the requirements for a major metals advance are in place. It just requires a little time and a catalytic event. Maybe it’s a major increase in inflation, higher bond yields or any other number of factors. Then the move we’ve all been waiting for will take place.
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