1/ We are at a major turning point in global financial markets. When the gold / copper ratio turns down, inflation expectations rise and the bond bubble threatens to burst. That would force the Fed to buy even more USTs and the dollar devaluation would be even faster... 2/ I really think 2021 will go down in history. It will be a year of strong inflation where stability in the financial markets will be completely lost. If #inflation really starts to pick up it will accelerate dramatically at some point. Bond holders get killed!