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Gold Rally, Inflation, & Deficits

Gold, like any other asset, likely is seeing its highs. While the metal is rallying for now, it is no different than other assets.

Stocks are beginning to reel from what will be a slowdown in the economy. This is mostly due to the constraints of tariffs on economic growth. At the same time, the AI boom may be over with as more chipmaker stocks are reporting soft numbers. This is pushing stocks lower.

Yet, gold is rallying. Is this a safe-haven move? Or, is something else going on, and what is the next move in gold?

Gold is no different than any other asset. Everything is driven by money and the economy. Given that everything is selling off, it is only natural to assume gold is next. There’s only one issue with that: Deficits & Inflation.

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