Housekeeping: Good afternoon. Hartnett’s Weekly report is presented 3 ways: 1) Video walk-through with analytical comments transcribed, 2) Hartnett’s main points broken out below, 3) and original format at bottom. Enjoy.
Overview: Multiple concepts all tying into one main point…. The Fed easing is not bullish for the economy as much as it is for inflation. Gold is extensively mentioned and Copper is also in focus. 1
Main Flow Show Points:
Everyone has their hand out for more Fed liquidity.. and it may not be enough
Even if it is enough, we are on a path to a 5% inflationary baseline
Precious Metals Focus:
Gold is discussed and he hits all the right notes. Within his inflationary comments, it makes even more sense.
Copper hinted at as having 33% upside purely on energy expectations.
We ask: what is Silver worth if Copper rallies 33%?
Hartnett Flow Show: Jackson Dole
The Quotes:
