AI CapEx is the only reason GDP is even positive. Take it out and it’s a recession. A recession means easy money. Easy money is very bearish for bonds. It’s not bearish for gold, gold miners or silver.
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AI Bubble Burst Means Recession… And That’s Not Bearish for Gold
AI CapEx is the only reason GDP is even positive. Take it out and it’s a recession. A recession means easy money. Easy money is very bearish for bonds. It’s not bearish for gold, gold miners or silver.
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