Gold's Perfect Storm

Oh, a storm is threating
My very life today
If I don't get some shelter
Oh yeah, I'm gonna fade away
--The Rolling Stones

As these pages have frequently noted, gold is a bet on disorder, whether that disorder be economic or more broadly social in nature. We're witnessing that bet being put on now.

Gold is up another $20 this am as geopolitical tensions with Iran escalated over the weekend. At ~$1575/oz, gold is marking six year highs. All time highs rest ~$300 higher.

Couple the geopolitics with central bank easy money policies, and you create a near perfect storm for gold.

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