Gold and Crypto Gains Reflect Treasury Intervention and Deficit Spending, Firm Says

What's happening now in gold and crypto should not come as a surprise to those following the correct leading indicators, according to the firm's founder, who appeared on Fox Business with Connell McShane roughly 37 days ago.
As gold fell below $4,000/oz, the firm began calling for a rally to $4,500-plus, citing shifting market conditions tied to U.S. Treasury intervention, elevated inflation, and record deficit spending.
Since then, gold has added $4.5 trillion in market cap, Bitcoin is up more than 30%, and yields are roughly unchanged. Asset owners are described as the only winners in this market.