Highlights: -Jim has believed for the last year that inflation is not transitory, and this has turned out to be very accurate -The Fed is shifting policy so that financial conditions tighten; they will need to push the stock market down -In 2018, when the Fed shrunk its balance sheet, the S&P struggled -Uranium has the potential to run for a while and move towards 31 -Is the opportunity in gold gone? Jim thinks that it is going to rally above 2070 -Inflation is going to temper over the next few months, which may take some of the wind out of the gold sales Useful Links: Financial Survival Network Macro Tides
