Jordan Roy-Byrne, Editor of The Daily Gold joins me to look into the moves in real interest rates over the past month. With longer dated interest rates moving higher (the 10 year has doubled in the past 4 months) you would expect that real interest rates wold be rising. This is not the case. Typically falling real rates are good for precious metals however we need to understand why real rate are falling.
Jordan and I also focus on the gold stock narrative that the strong stocks were bottoming before gold. Integra Resources is used as an example.
Click here to visit the Treasury website to view the daily real interest rates data.
Click here to visit Jordan’s site – The Daily Gold.