Markets have reached ‘monetary tipping point’; This is gold’s 10-year target price
Global financial markets have reached a "monetary tipping point", according to Ronald-Peter Stoeferle, managing partner of Incrementum AG.
After this tipping point, inflation will continue to climb up, real interest rates will remain in negative or near-zero percent territory, and monetary policy will become less impactful for the markets than fiscal policy; this will be an era of fiscal dominance.
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