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Second quarter real GDP in the U.S. grew at 6.5% on an annualized basis, lower than consensus estimates.
Steve Hanke, professor of Applied Economics at Johns Hopkins University, told David Lin, anchor for Kitco News, that market participants are not accurately factoring in inflation growth.
0:00 – Q2 GDP
10:24 – Real interest rates
14:48 – Yield curve
16:37 – Gold vs real interest rate
20:48 – Gold sentiment index
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Steve Hanke on Twitter: @steve_hanke (https://twitter.com/steve_hanke)
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