The Reckoning Begins....Mortgage rates are over 7%. Student loan repayments have started again. There are no more pandemic handouts. Americans savings are depleted, and their credit cards are tapped out...

Are gold prices and interest rates joined at the hip? Based on recent market action, it would appear the answer is: yes.

A major rally in gold is now underway. Gold moved from $1,831 per ounce on Oct. 6 to $2,091 per ounce on Dec. 1, a 14.1% rally in just eight weeks and a new all-time high price for gold.

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