276 days ago • Posted by Charles-Henry Monchau

Gold bull markets and negative real bond yields

Otavio Costa from Crescat Capital highlighted that "yields got as low as -5% in the 70s during two major bull markets for gold". Fast forward to 2020: historically indebted corporations and governments can’t take higher yields. As such, monetary and fiscal stimulus are here to stay. Investors should thus expect negative real yields and this should be bullish Gold - source: Crescat Capital. 

Negative real yields and gold