This Is One Of The Defining Signals Of Our Time And It’s Incredibly Bullish For Gold

This is one of the defining signals of our time and it’s incredibly bullish for gold.

Brutal Stagflation
July 30 (King World News) – Peter Schiff:  Q2 GDP growth of 1.5% was weaker than expected. Worse, the GDP deflator surged 6.3%, the highest since Q2 2022. Consumer spending rose 3.2% as Americans borrowed to pay higher prices, especially for imports. This isn’t prosperity. It’s debt-fueled consumption masking stagflation.

Gold Held $4,000 Support Nicely
Peter Schiff:  Bond yields rose sharply as investors lost confidence in Warsh’s actual commitment to 2% inflation. This was confirmed by gold’s resilience, as it didn’t sell off with bonds. Gold held $4K support nicely and rose on the day, reasserting its safe-haven and inflation-hedge status.

One Of The Defining Signals Of Our Time – Incredibly Bullish For Gold
Otavio Costa:  You know something is fundamentally broken when yields surge and your currency can’t rally.

KING WORLD NEWS NOTE: US Dollar Tumbles As Bond Yields Rise

This is one of the defining macro signals of our time:

America’s debt burden is turning higher yields into evidence of fiscal stress.

None of us own enough hard assets…

Listen to the greatest Egon von Greyerz audio interview ever
by CLICKING HERE OR ON THE IMAGE BELOW.

We May See Another Rate Hike Later This Year
Peter Boockvar:  ‘Stop always staring at me’ is essentially what Kevin Warsh said again to the markets and over the past six weeks, the markets took heed. I’ll repeat what I said yesterday: ‘understandably a lot of angst over what the Fed would do today but the bond market has already tightened policy for them whether one thought they would move today or not.’ I loved his line yesterday, “Play the ball, not the referee” and a reason why he’s saying it is because his crystal ball is not any clearer than the markets and he wants to end the Fed playing god over the level of interest rates.

What complicates the job of Warsh & Co though is the near 6% budget deficit as a percent of GDP as it is both fiscal driven inflationary that he has no control over and if I’m right that debts and deficits now matter, long end rates are going to reflect that.

Now what will happen by year end I believe, if inflation is still in the range of 3-4%, which I think to be the case, they will hike rates at some point in the coming meetings “as delivering price stability” is the appropriate key message Warsh keeps sending. And if they don’t, the bond market will continue to do it for them.

“Brother, can you spare a dime?”
The income and spending data were about as forecasted when we include the May revisions. As income and spending both rose about to the same extent, the savings rate was little changed at 2.7% vs 2.8% in the month before but that is the lowest since June 2022 and April 2008 before then.

KING WORLD NEWS NOTE: Savings Rate Plunges To Lowest Level Since 2008 & 2022 Collapses

On one hand, a higher wealth effect lessens the need to save for some but on the other, lower income households have a tough time saving anything.

Gold & Silver Prices Headed Multiples Higher
To listen to Jonathan Haycock discuss why gold and silver prices are going to rocket multiples higher CLICK HERE OR ON THE IMAGE BELOW.

JUST RELEASED!
To listen to Alasdair Macleod discuss why the gold price may double in a matter of months CLICK HERE OR ON THE IMAGE BELOW.

ALSO RELEASED!
Oil Prices Will Soar But Gold’s 3rd Bull Move Will End The Current Global Monetary System CLICK HERE.
Gold Set To Soar vs Global Stock Market As Oil Trades Lower After Catastrophic Attack CLICK HERE.
Silver Will Trade 15x Higher If It Blows Past Its 1980 Peak vs M2 CLICK HERE.
Gold Must Go Higher CLICK HERE.
Silver’s All-Time High Of $118 Will Not Stand For Long CLICK HERE.
Gold & Silver Will Absolutely Rocket And Go Multiples Higher CLICK HERE.
We May See The Price Of Gold Double In Just A Few Months CLICK HERE.
Glorious Commodities Bull Market Will Turbocharge Gold & Silver CLICK HERE.
Look At Silver’s Shocking Bullish Big Picture CLICK HERE.
How Much Longer? Big Stock Sales Threaten Bull Market CLICK HERE.
GOLD CORRECTION OVER? Gold Appears To Have Formed A Major Bottom After Pulling Back From $5,600 CLICK HERE.
We Are About To See A Big Move In Gold CLICK HERE.
Michael Oliver – A Gold Close Above This Price Will Trigger Upside For The Entire Monetary Metals Complex CLICK HERE.
What A Top Chinese Official In 2014 Predicted Would Happen To Gold Is Now Unfolding CLICK HERE.
One Of The Largest Silver Miners On The Planet Says They Can No Longer Satisfy Demand From India, China, Saudi Arabia, Kuwait, etc. CLICK HERE.
This Signal Shows Gold And Gold Stocks Coiled To Rocket Higher CLICK HERE.
This Is Why China Is Buying So Much Gold CLICK HERE.
Refusal To Confirm Gold’s Weakness May Force Violent Rebound In The Price Of Gold CLICK HERE.
This Is Going To Create Another Massive Wave Of Inflation CLICK HERE.
Upside Fuel For Gold: IMF Says Global Inflation Is Set To Accelerate CLICK HERE.

© 2026 by King World News®. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.  However, linking directly to the articles is permitted and encouraged.