Justice Litle

Abstract: For all its fatal flaws, the $USD is still king of the hill – and for now at least, the focus of investor optimism has shifted to the United States.

To the degree that the gold price falls (and the dollar rises), we are witnessing a giant geopolitical chess game in progress……

But for the purposes of this discussion, we are talking about inflation in the real economy, not the paper economy. The link can be very tenuous at times, but the real economy…..