Gold is getting liquidated again. Silver, too. Why? The dollar is spiking. But why is the dollar spiking? Same reason TIPS are screaming and reinversion on the Treasury curve has become a very real possibility. The issue isn&#x27;t those da*n dots, it&#x27;s dollars. Ledger eurodollars and all these are nothing more than different perspectives of the same growing deflation tendencies. ---------------------------------------------------------------------------------- Webinar June 2026: Why Smart Investors Keep Missing Every Major Economic Turning Point It isn&#x27;t that they&#x27;re buying the wrong assets. They&#x27;re using a broken map of the monetary system — and getting it wrong leads to catastrophic decisions. Let&#x27;s fix that. Sunday, June 28 @ 5:30pm ET. Sign up below. https://webinar.eurodollar-university.com/home ----------------------------------------------------------------------------------

ALERT: Gold Is Crashing… While The Dollar Rips Higher

Eurodollar University

# Full Transcript

**Podcast:** Eurodollar University

## Participants

- **Jeff Snider** (None)

## Transcript

All right. Gold is getting crushed again, as is silver. Silver is really getting hit. Those are both liquidations. We've got the dollar that is spiking more than people would think. And maybe more important than both of those, though it explains why these are happening, all of these are tied together. We've got some curve crashing going on here in some key places, including one place that you're probably not thinking of.

And while it may seem to be related to oil and supply normalization there, the crashing on that curve, the curve that we're going to go through here, goes a lot further. Again, like all of these things are tied together. Gold, silver liquidations, dollar spike, and you think most people get that connection, though they don't get the mechanical connection there, which we'll get into. But also the implications come from the curves, including, like I said, one that you may be not thinking of.

So we start out with, we've got gold and silver down big. Silver's down to a new, more than multi-month low. But it's not just the low, it's how quickly it's developing in the pattern that it's playing out with. Greenback, the dollar is spiking, not catastrophically spiking, but the dollar is definitely playing a role here, though we need to explain why the dollar is playing a role, which means you need to understand why the dollar is going up. And it's not Kevin Warsh and the damn dots.

Tips. That's the market I'm talking about. The tips are absolutely screaming. This is one of those signals that you wouldn't, or you would think that it has to do with, like I said, supply normalization after the oil prices coming down, though gasoline is lingering a little bit further behind. But this is over and above supply restoration and supply normalization of petroleum. Oil prices are still in the low 70s, whereas tips are, you'll see here, and when I show you, you'll understand what I'm talking about.

And then the two-year, 10-year curve. That's another one. This is a big part of the yield curve that is screaming a warning here. And if it continues to go in this direction, yes, the dots and Kevin Warsh, but it's really the important part of this is the long end of the yield curve. And if it continues to go like this, we're going to see the two-year, 10-year re-invert all over again, and it's not as far away from doing so already as you might think on that.

So let's start out with precious metals, what's going on here today. We've got new low in gold, though it's still kind of hanging in around $4,000 per ounce. That's not necessarily a surprise. While you have liquidations, you also have safe haven demand. So from the peak back in January, gold's down about 26%, so a pretty substantial correction. Not that this was unexpected at all. I did a video about this a couple weeks ago. We went through all the mechanics there. We're expecting gol...

ALERT: Gold Is Crashing… While The Dollar Rips Higher

Transcript

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Every day you wait, your competitors are finding
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ALERT: Gold Is Crashing… While The Dollar Rips Higher

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.