Gold vs. The Bond Market: The $4,500 Battle.

Why hold a bar of gold that pays 0% when bond yields are soaring?

As the Middle East oil shock keeps inflation sticky, the Fed isn't cutting rates anytime soon. This has pushed 2-year and 10-year yields to levels that make "non-yielding" assets like gold look expensive in the short term. But is this just a mechanical sell-off before a larger long-term structural rally?

See why I’m still bullish on gold for the long term: