The Kobeissi Letter reports sharp one-day gains in gold and silver, while Peter Brandt and Otavio Costa frame the move as a durable low and a stagflation-like decoupling from equities.
“Gold prices extend gains to +4% on the day”
“silver prices extend gains to +5% on the day”
“Gold and silver have added +$1.3 trillion in market cap today.”
“I am giving it a 75% probability that this week's low... will be the low for Gold for years to come”
“Stagflation is written all over this move today.”
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