Gold, the S&P 500 and stagflation
“[I]s gold about to have a new chance to shine? According to a recent burst of pro-gold articles, golden sentiment may be about to shift. As Bloomberg writes today, ‘gold may outperform the S&P 500 Index about 20% as the threat of stagflation becomes real.'”
USAGOLD note: One of the analysts sourced in this post projects $2300 as a possibility on further sharp declines in real yields.