Velocity of Money is the turnover of money in a given period the time. Typically, increasing money velocity rates lead to higher inflation.
The 10-year yield is a good benchmark for fear of inflation but not a reliable bellwether of future inflation.
James describes a plausible scenario where economic and psychological drivers propel gold to such impressive levels
I analyze why the gold market went down for so long, and discuss whether the potential double bottom in March 2021 heralds the end of the eight-month correction.