David Brady: Gold to Bottom Imminently as Yields Peak

• Palisades Gold Radio
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  Tom welcomes back David Brady, CEO, and Co-Founder of Global Pro Traders. David explains his trading methodology and why multiple approaches can provide a high degree of certainty with market trends. The IMF continues to encourage countries to spend, and the Biden administration has passed more stimulus. Powell plans to issue more debt, and Treasury Secretary Yellen wants MMT. Increasingly, these policies will result in global supply shocks. Massive increases in money supply will bring higher money velocity and thus inflation. Stagflation appears to be coming, and investors should consider what happened to gold, silver, and oil between 1970 and 1980.
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  Now, imagine what a hyper-stagflationary environment and where that will take gold and silver. The recent bearish sentiment for gold is a good contrarian indicator, and David expects to see a continuation of the bull market shortly. The Fed plans to cap yields in the bond market, establishing asymmetric risk for yields to the downside. Real yields correlate inversely with gold and silver, and the Fed can’t let yields rise further. David discusses the core CPI measures and why they are a joke since they don’t include everyday things like food and energy.
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  The commodity sector is breaking out, and this makes the government inflation numbers look entirely laughable. He argues it doesn’t matter what the dollar does relative to other currencies when all currencies are basically toilet paper. The Reddit movement has brought silver out of the shadows and into the public consciousness. This understanding is a huge positive for silver and taking physical off the market is the correct approach. Time Stamp References:
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  0:00​ – Intro
  0:35​ – David’s Market Analysis
  6:48​ – Bonds and Rates
  9:03​ – Fed and Yield Control
  10:22​ – Measuring Inflation
  14:26​ – Gold & Silver Bottom?
  15:56​ – Yield Peak & Precious Metals
  17:18​ – Dollar Predictions & Gold
  20:14​ – Near-Term Gold Targets
  20:56​ – Thoughts on Silver Squeeze
  23:57​ – Oil and Energy – Texas
  25:34​ – Sentiment & Markets
  28:32​ – Wrap Up & Risk/Reward
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  Talking Points From This Episode
  – Davids System for Tracking Markets
  – Bonds, Rates, and Yield Control.
  – Measuring inflation and targets for metals.
  – Silver squeeze and market sentiment.

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