Quad 4 to Quad 1 or 2? A rising gold price, with lower interest rates.

I believe right now today, July 11,2026 we are coming out of a Quad 4 environment, which is inflationary, with rising intrest rates, falling commodity prices and falling bond prices. 

I believe next weeks inflation number (print) will suggest inflation is coming down and bond prices will rally. 

In other words markets will start pricing in interest rate declines. 

In that environment gold prices may go up with bond prices. I wonder if the two year bond bear market is over?

I dont know.  If I had to guess we will see more deflation scares, which will cause governments to use inflation to there advantage to shrink the deficits of there respective countries. 

So we may get both and the opportunity to trade them. With AI technology I lean towards lower inflation but expect governments to inflate the money supply to pay for the wars and welfare state.

As the Chinese say, we live in interesting times!

I will continue to own gold coins and shares in foreign countries including the US.

Right now I lean towards China, Hong Kong and Japan. 

I dont care much for Europe expect special opportunities like Nokia, Reits and things to short sell.

We live in fast changing times. I hope my readers take the opportunity to learn about biotechnology and the many opportunities in AI tech and how it will benefit Japan and China, and IBM and maybe Nokia. 

Of course there are more opportunities, such as commoditys and energy to fund all this and who owns or controls them will win I believe. 

Happy Weekend.