A Keynesian window for gold buyers

A realisation that the US economy is sliding into recession persuades mainstream economists that prices, interest rates, and bond yields will fall after all. They ignore instability in the dollar

The quality of mainstream economic analysis is extremely poor, evidenced by its consistent failures. The latest evidence of this paucity is a growing realisation that the US economy is in recession, particularly as yesterday’s job opening numbers (JOLTS) hit the lowest level since February 2021. Wake up folks!