Gold and Silver to Gain as Debt and Inflation Reprice Markets – Sprott’s Wong

Paul Wong of Sprott Inc. argues that surging debt and inflation are repricing markets in favor of hard assets like gold and silver. Gold prices have stayed rangebound since the mid-March drop, yet central banks including China’s continue buying dips. The S&P 500 rose 5.15% in May on semiconductor gains, while bonds saw a sell-off with yields hitting levels unseen in nearly two decades.