Easy money prospects are NOT why gold shot up. Rather, it’s the risk of recession because the federal reserve did NOT push interest rates up. Short-term rates are higher than long-term rates. Anyone who calls an inverted yield curve “easy money” is flipping insane.
Gold shoots up on the risk of recession? Up gold and down economy are seldom seen in tandem. But opinions vary I'll concede. But there's no reason to play the insanity card.