President Donald Trump is pushing hard for interest rate cuts. He should be careful what he wishes for, because he is begging for more inflation. Literally.
There are numerous signs that the U.S. dollar is on the cusp of a new bear market—a development that is very bullish for commodities, especially gold and silver.
The U.S. dollar has fallen sharply since the start of the year, which has boosted commodity prices, especially metals like gold and silver, due to their inverse relationship.