RE: excuse of 29/03/2021 to drop gold and silver30 Mar 2021 14:47
Youre correct- gold does poorly if the inflation is caused by a cyclical upturn. Investors will dump it in favour for riskier assets.
If its the money supply inflation, which can only lead to fiat weakening, it is should do well.
It also does well when inflation expectations are high even if the inflation doesn't materialise