Zero Hedge/Tyler Durden-Byron Wien/1-3-2021

“Byron defines a ‘surprise’ as an event that the average investor would only assign a one out of three chance of taking place but which Byron believes is “probable,” having a better than 50% likelihood of happening. Byron started the tradition in 1986 when he was the Chief U.S. Investment Strategist at Morgan Stanley.”

USAGOLD note: Among Wein’s surprises for 2022, he says persistent inflation will become the dominant theme, the 10-year Treasury note will yield 2.75% (it’s 1.72% now) and gold will gain 20% increase as it “reclaims its title as safe haven for newly minted billionaires.”