Gold Plunges As Real Yields Surge ...Middle East

Economy by : (OILPRICE) -
Having broken below $1800 earlier in the week, after suffering a 'death cross', gold prices are plunging this morning - on heavy volume - as real yields soar. This is the lowest in 8 months...As real yields surge... When will people stop selling gold and silver and realize that rising inflation is not a one-time threat that the Fed will stomp out by raising rates and tightening monetary policy? Peter Schiff explains: "They [The Fed] are going to do nothing. The dollar is going to collapse, which is the mother of all tailwinds for gold. And so,…

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