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Gold's upward trajectory in "danger zone" treasuries situation
Here's the price of gold when treasuries (10-yr) are yielding 4.4% or higher, and note that 4.5% is considered the danger zone in this new Sprott analysis: https://sprott.com/insights/gold-overtakes-dollar-reserves-as-global-trust-shifts/"10-year nears the danger zone of 4.50%."
It makes sense that Deutsche Bank's target is $8,000 for gold. Either that, or treasuries start offering 5%+ yields and there is a long term liquidity freeze that would annihilate the stock market
u/Gerry235 — 3 days ago