Real interest rates will probably start to fall soon because of stagflation.
Real interest rates can be measured by subtracting inflation expectations
T10YIE from US treasury yields DGS10 .
Treasury yields will likely fall along with unemployment as measured by initial claimsICSA.
Initials claims has started to slowly rise and when it does treasury yields will probably go down.
Inflation expectations will likely take longer to fall because it takes longer to get prices to slow down than for unemployment to rise.
Businesses will more likely fire people than lower their prices to protect their profits and now inflation expectations are probably well anchored.
This should be bullish for silver
XAGUSD and gold 
XAUUSD and negative for the dollar 
DXY.
When looking at the charts for primary metals and DXY it also looks like they are ready for a major turnaround.
A description of the above can also be found here:
https://www.forbes.com/sites/billconerly/2022/06/28/stagflation-causes-and-when-it-will-come/
Real interest rates can be measured by subtracting inflation expectations
T10YIE from US treasury yields DGS10 .Treasury yields will likely fall along with unemployment as measured by initial claims
ICSA. Initials claims has started to slowly rise and when it does treasury yields will probably go down.
Inflation expectations will likely take longer to fall because it takes longer to get prices to slow down than for unemployment to rise.
Businesses will more likely fire people than lower their prices to protect their profits and now inflation expectations are probably well anchored.
This should be bullish for silver
XAGUSD and gold XAUUSD and negative for the dollar DXY. When looking at the charts for primary metals and DXY it also looks like they are ready for a major turnaround.
A description of the above can also be found here:
https://www.forbes.com/sites/billconerly/2022/06/28/stagflation-causes-and-when-it-will-come/
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.