Gold’s Glimmer: A September Hike May Boost Prices, Not Drag Them Down
The author argues that in the current debt-driven regime, a September Federal Reserve hike would not hurt gold. Instead, a Treasury–Fed accord to cap long-term yields could keep real yields from rising, supporting gold and the broader debasement trade as policymakers keep financial conditions loose. This hawkishness is more about stabilizing markets than signaling a gold sell-off.
